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Does CAC hurt prices of non stickered coins?
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<p>[QUOTE="BUncirculated, post: 1505868, member: 29581"]Not necessarily.</p><p><br /></p><p>A slabbed coin can sell for the coin's FMV for the graded opinion on the label, wherein a raw coin would not.</p><p><br /></p><p>Take a certified coin in MS64 from the TPG, and a raw one; same date and mint, in the same grade. The slabbed can sell for FMV for that coin in that grade, wherein, the raw one, the offers would be lowball at best. </p><p><br /></p><p>Why? Because as a collecting community, the majority place reliability on the TPG's grade opinion, as opposed to buyer and seller agreeing on the grade for a raw coin.</p><p><br /></p><p>Should a coin be held below FMV simply because it's not in a slab? No. If the coin has all the criteria needed for a MS64 grade, it's a MS64. You don't really need a label on a slab to say it is. </p><p><br /></p><p>As stated in another thread, collectors have become too reliant on the opinion on a label, and many don't really put the effort into educating themselves on grading coins. However, what happens if the opinion from the TPG is wrong? TPGs do under/over grade coins, and many circulated coins have been graded as MS.[/QUOTE]</p><p><br /></p>
[QUOTE="BUncirculated, post: 1505868, member: 29581"]Not necessarily. A slabbed coin can sell for the coin's FMV for the graded opinion on the label, wherein a raw coin would not. Take a certified coin in MS64 from the TPG, and a raw one; same date and mint, in the same grade. The slabbed can sell for FMV for that coin in that grade, wherein, the raw one, the offers would be lowball at best. Why? Because as a collecting community, the majority place reliability on the TPG's grade opinion, as opposed to buyer and seller agreeing on the grade for a raw coin. Should a coin be held below FMV simply because it's not in a slab? No. If the coin has all the criteria needed for a MS64 grade, it's a MS64. You don't really need a label on a slab to say it is. As stated in another thread, collectors have become too reliant on the opinion on a label, and many don't really put the effort into educating themselves on grading coins. However, what happens if the opinion from the TPG is wrong? TPGs do under/over grade coins, and many circulated coins have been graded as MS.[/QUOTE]
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