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<p>[QUOTE="GDJMSP, post: 159578, member: 112"]The primary reason that the grading companies do not slab problem coins is because there is no way to determine the value. That's also why even ANACS stopped net grading coins.</p><p><br /></p><p>With slabbed coins a certain grade equals a certain value - this is a given. That's why coins are slabbed to begin with - to enable sight unseen trading between two parties who cannot meet face to face. If a coin is slabbed as MS64 by NGC or PCGS then a potential buyer knows what to expect based upon that grade and how much that particular coin is worth because there is an established criteria that each company uses to assign a given grade.</p><p><br /></p><p>But if the coin had problems and it were slabbed - the buyer would know nothing for there are no established criteria for grading problem coins. The buyer would have no idea whatsoever how bad the problem might be or what the coin might be worth. And in today's world, since the vast majority of coins are sold sight unseen - knowing the value based upon the grade is essential.</p><p><br /></p><p>Believe it or not, the majority of collectors do not <u>want</u> to own problem coins. They do not want them to be slabbed, they do not even want them on the market. So the grading companies comply with the wishes of their customers.</p><p><br /></p><p>And personally, I think this is a good thing. For there are far too many new collectors in the hobby who have a hard enough time determining what a slabbed coin is worth. A lot of them would not realize what the "Cleaned" ( or any other ) designation would mean in regard to value. And it would be far too easy for the unscrupulous seller to take advantage of them. We have enough of that as it is.[/QUOTE]</p><p><br /></p>
[QUOTE="GDJMSP, post: 159578, member: 112"]The primary reason that the grading companies do not slab problem coins is because there is no way to determine the value. That's also why even ANACS stopped net grading coins. With slabbed coins a certain grade equals a certain value - this is a given. That's why coins are slabbed to begin with - to enable sight unseen trading between two parties who cannot meet face to face. If a coin is slabbed as MS64 by NGC or PCGS then a potential buyer knows what to expect based upon that grade and how much that particular coin is worth because there is an established criteria that each company uses to assign a given grade. But if the coin had problems and it were slabbed - the buyer would know nothing for there are no established criteria for grading problem coins. The buyer would have no idea whatsoever how bad the problem might be or what the coin might be worth. And in today's world, since the vast majority of coins are sold sight unseen - knowing the value based upon the grade is essential. Believe it or not, the majority of collectors do not [U]want[/U] to own problem coins. They do not want them to be slabbed, they do not even want them on the market. So the grading companies comply with the wishes of their customers. And personally, I think this is a good thing. For there are far too many new collectors in the hobby who have a hard enough time determining what a slabbed coin is worth. A lot of them would not realize what the "Cleaned" ( or any other ) designation would mean in regard to value. And it would be far too easy for the unscrupulous seller to take advantage of them. We have enough of that as it is.[/QUOTE]
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