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Do you ever look at old coin pix and think ugh?
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<p>[QUOTE="GoldFinger1969, post: 8192626, member: 73489"]I have to find the original referenced post on the 1893 coin, but this thread has an eery feeling to that classic <b><span style="color: #0080ff">PCGS Thread on Franklin Gradeflation</span></b> where a guy was legitimately upset that he sent in for a re-grade....nothing happened....coin gets sold for a few hundred bucks....then he sees it in a new holder for 1 1/2 - 2 grades higher (with the FBL designation) selling for 20-50x the price he got or something like that.</p><p><br /></p><p>What is interesting to me is that PCGS is the TPG here and yet their reputation is higher than NGC's. You wonder if enough of these take place if the multi-decade PCGS premium will start to fade.</p><p><br /></p><p><b><i>If a tree falls in the forest but nobody is there to hear it, does it make a sound ? If PCGS-graded coins sell for a premium because others think they are worth more but the grades don't deserve the premium, can it continue ? </i> </b><img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie8" alt=":D" unselectable="on" unselectable="on" />[/QUOTE]</p><p><br /></p>
[QUOTE="GoldFinger1969, post: 8192626, member: 73489"]I have to find the original referenced post on the 1893 coin, but this thread has an eery feeling to that classic [B][COLOR=#0080ff]PCGS Thread on Franklin Gradeflation[/COLOR][/B] where a guy was legitimately upset that he sent in for a re-grade....nothing happened....coin gets sold for a few hundred bucks....then he sees it in a new holder for 1 1/2 - 2 grades higher (with the FBL designation) selling for 20-50x the price he got or something like that. What is interesting to me is that PCGS is the TPG here and yet their reputation is higher than NGC's. You wonder if enough of these take place if the multi-decade PCGS premium will start to fade. [B][I]If a tree falls in the forest but nobody is there to hear it, does it make a sound ? If PCGS-graded coins sell for a premium because others think they are worth more but the grades don't deserve the premium, can it continue ? [/I] [/B]:D[/QUOTE]
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Do you ever look at old coin pix and think ugh?
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