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<p>[QUOTE="Troodon, post: 1578058, member: 4626"]I just acquired an MS 66 1955 Roosevelt dime, slabbed by PCGS. I wondered why anyone would bother to submit a dime that even in MS70 probably wouldn't be worth what it cost to grade it (well ok in MS70 it probably would, but nobody looking at this would hope for better than 67 at best, the torch isn't even fully defined.). Now I'm suspecting this registry set thing may be the reason lol... people want to keep their ranking up so they keep submitting coins they hope will up their registry set scores, whether the coins are actually worth it or not, then sell off the coins that don't make the grade as a way of cutting their losses. Not counting the shipping I only paid $12 for this coin and the grading fees had to be at least double that.</p><p><br /></p><p>And yeah, for the kind of money people are spending just to compete against others they could have a collection with a lot of more interesting coins in it. Almost have to admire the genius marketing of the TPGs for giving people a reason to submit coins for grading not even worth their grading fee.[/QUOTE]</p><p><br /></p>
[QUOTE="Troodon, post: 1578058, member: 4626"]I just acquired an MS 66 1955 Roosevelt dime, slabbed by PCGS. I wondered why anyone would bother to submit a dime that even in MS70 probably wouldn't be worth what it cost to grade it (well ok in MS70 it probably would, but nobody looking at this would hope for better than 67 at best, the torch isn't even fully defined.). Now I'm suspecting this registry set thing may be the reason lol... people want to keep their ranking up so they keep submitting coins they hope will up their registry set scores, whether the coins are actually worth it or not, then sell off the coins that don't make the grade as a way of cutting their losses. Not counting the shipping I only paid $12 for this coin and the grading fees had to be at least double that. And yeah, for the kind of money people are spending just to compete against others they could have a collection with a lot of more interesting coins in it. Almost have to admire the genius marketing of the TPGs for giving people a reason to submit coins for grading not even worth their grading fee.[/QUOTE]
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