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<p>[QUOTE="GDJMSP, post: 1306794, member: 112"]Boy Howdy ! This thread is from 2002 and still kickin !</p><p><br /></p><p>Your question is one that comes up all the time, and it's always the same answer. A great many of those coins you see that are worth $10 or less and are in a slab are the result of people who don't know how to grade sending in coins. They are sure that the coin they have will grade 70, or 69, or whatever, so they send them in. Only to get them back in slab with a grade much lower than they expected. And yes, they wasted their money and their time.</p><p><br /></p><p>The people who make bulk submissions usually pre-screen the coins they send in, picking only the best. And even they stipulate on the submission form that will grade a 70 be put in a slab. This saves them (the submitter) a ton of money. All coins that don't grade a 70 are returned to the submitter raw, unslabbed. So when you see coins graded 69 that are only $10 or less, odds are pretty slim that they came from a bulk submitter. It's possible, but unlikely.[/QUOTE]</p><p><br /></p>
[QUOTE="GDJMSP, post: 1306794, member: 112"]Boy Howdy ! This thread is from 2002 and still kickin ! Your question is one that comes up all the time, and it's always the same answer. A great many of those coins you see that are worth $10 or less and are in a slab are the result of people who don't know how to grade sending in coins. They are sure that the coin they have will grade 70, or 69, or whatever, so they send them in. Only to get them back in slab with a grade much lower than they expected. And yes, they wasted their money and their time. The people who make bulk submissions usually pre-screen the coins they send in, picking only the best. And even they stipulate on the submission form that will grade a 70 be put in a slab. This saves them (the submitter) a ton of money. All coins that don't grade a 70 are returned to the submitter raw, unslabbed. So when you see coins graded 69 that are only $10 or less, odds are pretty slim that they came from a bulk submitter. It's possible, but unlikely.[/QUOTE]
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