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<p>[QUOTE=&quot;WeirdFishes, post: 1648759, member: 41261&quot;]I totally agree that Gold CAC coins are selling for outrageously high and unwarranted premiums. Here is an illustration of this phenomena. </p><p>[ATTACH]239609.vB[/ATTACH]</p><p><br /></p><p>This coin in MS-63 with the Gold bean is listed for $300. While it is a nice example of a 23 Peace Dollar, and is clearly undergraded, one must step back and determine whether this is a good value. In MS-63 this is a $40 coin at most. In MS-65 it is probably around a $200 coin, and if it happened to be MS-66 then you are somewhere around $600 (values are approximate). So, despite the fact that the coin, as it sits, is undergraded, the question becomes to what extent? If the coin is submitted for regrading and receives a grade of 64, or 65, purchasing this coin would not be a good value. However, in the event it comes back as a 66, then obviously it would be an excellent value. The odds of that happening, however, are quite low.[/QUOTE]</p><p><br /></p>

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