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<p>[QUOTE=&quot;orifdoc, post: 2645033, member: 82261&quot;]The answer to this question depends on what you&#039;re collecting.</p><p><br /></p><p>Let&#039;s take Peace dollars for example.&nbsp; If you&#039;re collecting nice, but not exceptional coins (say common-date MS65s), these can be had for around $100.&nbsp; There are plenty of them around and most astute collectors can find a nice one without too much trouble.&nbsp; A dealer with an absolutely spectacular one might ask $150.&nbsp; Within this narrow range, stickers, pluses, and stars don&#039;t add much.</p><p><br /></p><p>On the other hand, let&#039;s say you&#039;re looking for a really nice 1922 Philly coin.&nbsp; I&#039;ll use recent CoinFacts PCGS auction data.&nbsp; An MS66+ will sell for $900 to $1,700 (depending on quality) and an MS67 will sell for $5,000 to $12,000.&nbsp; Is the nicest MS66+ really worth only 1/3 as much as the poorest MS67?&nbsp; Is the nicest MS67 worth 2.5X a poor MS67?&nbsp; Think about this......</p><p><br /></p><p>Buying and selling decisions in this realm are made all the time by dealers and collectors and (surprise) not everyone is 100% confident.&nbsp; A mistake here can leave you getting back less than half of what you spent.&nbsp; A really nice 66+ with no sticker might tempt a collector who is playing the registry game, but those hoping to flip it for a quick profit or those hoping to score a 67 on regrade won&#039;t really look at it.&nbsp; Right or wrong, the upgrade arbitrage game drives quite a bit of the top end of the market.&nbsp; A nice 66+ with green sticker is more liquid, even at a higher price.&nbsp; It will also be more tempting for those who don&#039;t really know too much about grading, but are playing the crackout or regrade game hoping to land it in a 67 holder.</p><p><br /></p><p>Similarly, most people would rather spend more to get a high-end 67 with a sticker as it will be easier to sell, even at the higher price.&nbsp; The most difficult coin in the world to sell is often an overgraded coin in a top-grade holder.&nbsp; Buy an ugly MS67 Peace dollar for $5k and you might just be stuck with it.&nbsp; Is there really that much difference within the MS67 grade?</p><p><br /></p><p>Yes.[/QUOTE]</p><p><br /></p>

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