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Getting low valued coins slabbed?
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<p>[QUOTE="AgCollector, post: 166920, member: 5928"]I've read a bit about what different people here consider to be there minimum criteria for grading (value around $50-$100 minimum, or sentimental value), and then I see things like this on eBay:</p><p><br /></p><p>Lincoln Cent- 2000 Wide AM, PCGS MS64 Red</p><p><br /></p><p>sell for $24... surely the cost of grading and variety attribution is more than $24, especially for PCGS.</p><p><br /></p><p>So, my question is- am I missing something, or is the person who got this graded and then sold it losing money by doing so?</p><p><br /></p><p><br /></p><p><br /></p><p>Auction link:</p><p><br /></p><p><a href="http://cgi.ebay.com/2000-Wide-AM-Lincoln-Cent-PCGS-MS64-RD_W0QQitemZ290045204196QQihZ019QQcategoryZ524QQssPageNameZWDVWQQrdZ1QQcmdZViewItem" target="_blank" class="externalLink ProxyLink" data-proxy-href="http://cgi.ebay.com/2000-Wide-AM-Lincoln-Cent-PCGS-MS64-RD_W0QQitemZ290045204196QQihZ019QQcategoryZ524QQssPageNameZWDVWQQrdZ1QQcmdZViewItem" rel="nofollow">http://cgi.ebay.com/2000-Wide-AM-Lincoln-Cent-PCGS-MS64-RD_W0QQitemZ290045204196QQihZ019QQcategoryZ524QQssPageNameZWDVWQQrdZ1QQcmdZViewItem</a>[/QUOTE]</p><p><br /></p>
[QUOTE="AgCollector, post: 166920, member: 5928"]I've read a bit about what different people here consider to be there minimum criteria for grading (value around $50-$100 minimum, or sentimental value), and then I see things like this on eBay: Lincoln Cent- 2000 Wide AM, PCGS MS64 Red sell for $24... surely the cost of grading and variety attribution is more than $24, especially for PCGS. So, my question is- am I missing something, or is the person who got this graded and then sold it losing money by doing so? Auction link: [url]http://cgi.ebay.com/2000-Wide-AM-Lincoln-Cent-PCGS-MS64-RD_W0QQitemZ290045204196QQihZ019QQcategoryZ524QQssPageNameZWDVWQQrdZ1QQcmdZViewItem[/url][/QUOTE]
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Getting low valued coins slabbed?
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