Reply to Thread

Message:: [QUOTE="Hobo, post: 593816, member: 11521"]The buyer most certainly has a choice. He can buy a raw example of the coin that he personally grades at MS-70 and pay less. Or he can buy a slabbed MS-70 example and pay for the plastic. This is where it pays to be able to grade your own coins rather than depend on the opinion of a TPG.   Are you a coin collector or an investor?    No one says you have to buy a slabbed coin. Again, a savy collector that knows how to grade can buy a raw MS-70 example for a fraction of the price of a slabbed coin.    The simple answer is . . . Some dealers submit hundreds of coins at a time so they get a discount on both submittal fees and shipping. Some of their submittal fees may be as little as $5 or $10. These dealers submit lots and lots of coins hoping that a few of them come back MS-70. They can afford to sell their MS-69 coins for much less than your total investment (coin purchase plus submittal fees plus multiple shipping fees) because their investment is much less than yours. Thanks to their profits on the MS-70 coins they can afford to break even or even take a small loss on their MS-69s.[/QUOTE]