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<p>[QUOTE=&quot;BUncirculated, post: 1338663, member: 29581&quot;]But the buyer is hoping that the coin is better than the seller thought it to be. </p><p><br /></p><p>Let me use an example here to make it easier:</p><p><br /></p><p>Seller has an 1889 CC Morgan, uncertified by a TPG, that he believes, and lists it as, MS62. He posts pics on his listing. </p><p><br /></p><p>A buyer, looking at the coins pics, believes the coin may be a higher grade than MS62.</p><p><br /></p><p>MS62 89CCs run in the neighborhood of $27,500 - $30,000. </p><p><br /></p><p>The buyer purchases the coin, and after examination sees the coin is a higher grade than the seller believed it to be.</p><p><br /></p><p>After he, and a dealer, examine the coin they determine that it is indeed a higher grade than the seller believed it to be, he keeps the coin and submits it for grading and slabbing and it comes in two points higher than the seller thought it was. </p><p><br /></p><p>The value for a MS64 89CC is in the neighborhood of $65,000 - $68,000.</p><p><br /></p><p>If the coin had been lower than the seller believed it was, on grade, the buyer would return it to the seller for a refund. </p><p><br /></p><p>The buyer is looking, specifically, for coins that he believes are higher in grade than the seller(s) believe them to be as he is hoping to increase his investment, what he paid for the coin and shipping if there is any, to make a profit.[/QUOTE]</p><p><br /></p>

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