Reply to Thread

Message:: [QUOTE="starbuxinvestor, post: 1580881, member: 39708"]I had an interesting conversation when selling a non-graded North Africa $10 to a dealer recently. I was making sure he had seen a defect and he said yes and we settled on a price. I told him I had a graded North Africa $10 I would also be selling. He was less interested. I ask why and he told me he can debate the quality of a non-graded note with a customer but a note in a holder is what it is. I see value in having the opinion of an objective third party review a note. That being said I have also been advised that not all 65 PPQ are the same. Some have more eye appeal than others so there is variance within a grade. I also spent a fair amount of time talking with a PCGS grader at the National Money Show. As a result I came away with the view that graders and collectors come at determining the quality of a note from slightly different perspectives and I think that leads to some of the friction and misunderstanding. My impression is collectors are willing to overlook some things due to eye appeal where graders are focus on if something is in the original printed condition. I was told some defects don't effect the grade if they would have occured prior to the notes release so they are part of the original condition.[/QUOTE]