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Crossing NGC to PCGS just get same grade?
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<p>[QUOTE="1865King, post: 7499847, member: 103207"]They can do what they want. To bad for them because there are a large number of slabbed coins that haven't been sent to CAC. And many really nice coins in NGC slabs. I do understand their concern about maintaining their investment. However, this idea can backfire. For the super high end or super rare coins they still need a buyer when they want to sell their coins. Coins like the 1794 and 1804 dollars they tend to increase in value when sold in the future but, most of the lesser none coins there is no guarantee they will sell for more than what they paid for it. I've seen many cases where when a coin is sold in the future at an auction the selling price is lower. Price can be driven up by a bidding war and then when sold later there isn't a strong interest in the coin. This happens often, especially if there are a lot of high end auctions taking place.[/QUOTE]</p><p><br /></p>
[QUOTE="1865King, post: 7499847, member: 103207"]They can do what they want. To bad for them because there are a large number of slabbed coins that haven't been sent to CAC. And many really nice coins in NGC slabs. I do understand their concern about maintaining their investment. However, this idea can backfire. For the super high end or super rare coins they still need a buyer when they want to sell their coins. Coins like the 1794 and 1804 dollars they tend to increase in value when sold in the future but, most of the lesser none coins there is no guarantee they will sell for more than what they paid for it. I've seen many cases where when a coin is sold in the future at an auction the selling price is lower. Price can be driven up by a bidding war and then when sold later there isn't a strong interest in the coin. This happens often, especially if there are a lot of high end auctions taking place.[/QUOTE]
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Crossing NGC to PCGS just get same grade?
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