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Do you ever look at old coin pix and think ugh?
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<p>[QUOTE="GoldFinger1969, post: 8196163, member: 73489"]GDJMSP is a veteran, clearly knows the ins-and-outs of grading along with other veterans here (maybe including you too, Charley <img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie8" alt=":D" unselectable="on" unselectable="on" />).</p><p><br /></p><p>I have been fascinated -- rightly or wrongly -- with some of the longest, most-detailed, most egregious examples of Gradeflation involving PCGC coins, despite NGC coins being the ones which trade at a discount. Responses to this are necessarily going to be generalizations and opinion. It's not something you can quantify, that's for sure.</p><p><br /></p><p>I probably shouldn't have used the word "bubble" when addressing you because that is more appropriate when describing a rapid rise in prices that is unsustainable. This Grafeflation involves <b>SUSTAINED and PERSISTENT prices</b> that show a premium for PCGS, one that increases as the condition scarcity increases, all other things equal.</p><p><br /></p><p>As I said, I just find that weird, considering that PCGS seems to have the most infamous examples of overgrading. Maybe NGC had that distinction from 1986 through the early-2000's, I dunno.<img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie8" alt=":D" unselectable="on" unselectable="on" />[/QUOTE]</p><p><br /></p>
[QUOTE="GoldFinger1969, post: 8196163, member: 73489"]GDJMSP is a veteran, clearly knows the ins-and-outs of grading along with other veterans here (maybe including you too, Charley :D). I have been fascinated -- rightly or wrongly -- with some of the longest, most-detailed, most egregious examples of Gradeflation involving PCGC coins, despite NGC coins being the ones which trade at a discount. Responses to this are necessarily going to be generalizations and opinion. It's not something you can quantify, that's for sure. I probably shouldn't have used the word "bubble" when addressing you because that is more appropriate when describing a rapid rise in prices that is unsustainable. This Grafeflation involves [B]SUSTAINED and PERSISTENT prices[/B] that show a premium for PCGS, one that increases as the condition scarcity increases, all other things equal. As I said, I just find that weird, considering that PCGS seems to have the most infamous examples of overgrading. Maybe NGC had that distinction from 1986 through the early-2000's, I dunno.:D[/QUOTE]
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Do you ever look at old coin pix and think ugh?
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