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<p>[QUOTE=&quot;GDJMSP, post: 1424322, member: 112&quot;]It&#039;s the same problem it always has been, some people just don&#039;t realize or perhaps they refuse to recognize that there is no fixed value for any given coin in any given grade. Instead there is <u>a very wide range of values</u> for any given coin in any given grade.</p><p><br /></p><p>The people and dealers who deal in high end coins complain that the price guide values, and that includes CDN, are too low. Yet other people look at the prices that these high end coins bring and claim that their coin in the same grade is worth that much too. Yet other people wanting to buy a coin from a high end dealer complain that the dealer&#039;s asking price is way too high because of the price of a low end coin in the same grade.</p><p><br /></p><p>These are all some of the exact same issues that we had before the TPGs even existed. And of course it was the claim of the TPGs that these issues would go away if people used their services.</p><p><br /></p><p>Well guess what ? They didn&#039;t go away. And they will never go away with the system we have on place. TPGs cannot price coins because not all 64&#039;s (or use any grade you choose) are equal in value to every other 64. A given coin in 64 might be worth $300. But another of the exact same coins graded 64, by the same TPG, can be worth $600, maybe more. And you don&#039;t solve the problem by saying that $600 64 is really a 65, simply because it is worth $600.</p><p><br /></p><p>The TPGs can grade the coins just fine. But they need to recognize and establish that grades are static, that they do not change. And that can only be done by having a fixed and established, published, set of grading standards. And those standards must be adhered to at all times.</p><p><br /></p><p>And then the market, and nothing else, will determine the price or value of those coins.</p><p><br /></p><p>And people, collectors and dealers alike, have to realize and recognize that there is no set value for any given coin in any given grade. But instead that there is a wide range of values for that coin.</p><p><br /></p><p>And if price guides wish to actually be of any use, then they need to list that range of values for a given coin in a given grade instead of just one set price.</p><p><br /></p><p>That is exactly why realized auction prices, like those you can find on Heritage, are the best bet that a collector has of determining how much a coin he wants is actually worth. That&#039;s because when the collector look at those realized auction prices - he sees the varied range of values for a given coin in a given grade.</p><p><br /></p><p>Coins are not stocks where every share is worth exactly the same amount of money. Neither are coins commodities where every given unit is worth exactly the same amount of money. </p><p><br /></p><p>Every single coin, even those graded exactly the same by the same TPG, are 100% unique. Every single coin has its own unique attributes, its own unique flaws and blemishes. Every single coin is worth a different amount of money - not the same amount of money. And that amount is determined by the market and nothing else, based on those unique flaws and attributes.</p><p><br /></p><p>Will things ever change ? I doubt it. People don&#039;t like it when they have to work and study to know something. They&#039;re too lazy, they want to have some book that they can grab, look it up, and say this coin is worth this much.</p><p><br /></p><p>Well, that isn&#039;t how it works. And it&#039;s never gonna work that way because every coin is unique.[/QUOTE]</p><p><br /></p>

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