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<p>[QUOTE="princeofwaldo, post: 1250359, member: 24091"]The reality of the market place is this: --If you crack-out a coin to mount it in a 2x2 to be displayed with other like coins in a folder, when it's time to sell the coin you will take a hit. I speak from personal experience on this, having once cracked out PCGS MS63 Double-Eagles, followed by selling them raw on eBay a number of years later. The prices realized were decidedly less than if they had been in a slab even though the condition had not changed one iota. However, the loss of premium in the absence of a slab, was only slightly more than what the grading services would have charged to put the coin back in a holder. And so in the end it really didn't matter. Of course this is an example of common date Double-Eagles in mid-grade uncirculated. </p><p><br /></p><p>The mathmatics change dramatically in the case of something rare that also happens to be in pristine condition. Only an idiot, no matter his grading skills, would send such a coin across the auction block raw, unless he already sent it in and it came back with problems noted by the service. And so for real rare high grade specimens, the assumption is indeed that there must be something wrong with it if its raw, and most prudent collectors would hesitate bidding. This in turn would result in the price spiraling downward, and it has nothing at all to do with anyone's grading ability on the part of the seller or the buyer beyond the ability to recognize what a "nice" coin looks like, and the ability to read a catalog entry to determine rarity.[/QUOTE]</p><p><br /></p>
[QUOTE="princeofwaldo, post: 1250359, member: 24091"]The reality of the market place is this: --If you crack-out a coin to mount it in a 2x2 to be displayed with other like coins in a folder, when it's time to sell the coin you will take a hit. I speak from personal experience on this, having once cracked out PCGS MS63 Double-Eagles, followed by selling them raw on eBay a number of years later. The prices realized were decidedly less than if they had been in a slab even though the condition had not changed one iota. However, the loss of premium in the absence of a slab, was only slightly more than what the grading services would have charged to put the coin back in a holder. And so in the end it really didn't matter. Of course this is an example of common date Double-Eagles in mid-grade uncirculated. The mathmatics change dramatically in the case of something rare that also happens to be in pristine condition. Only an idiot, no matter his grading skills, would send such a coin across the auction block raw, unless he already sent it in and it came back with problems noted by the service. And so for real rare high grade specimens, the assumption is indeed that there must be something wrong with it if its raw, and most prudent collectors would hesitate bidding. This in turn would result in the price spiraling downward, and it has nothing at all to do with anyone's grading ability on the part of the seller or the buyer beyond the ability to recognize what a "nice" coin looks like, and the ability to read a catalog entry to determine rarity.[/QUOTE]
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