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GTG: 1922-D Lincoln Wheat Cent - there's gonna be a fight
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<p>[QUOTE="Marshall, post: 3731174, member: 21705"]Modern sellers like to gamble on cracking out coins and resubmitting them. They just keep doing it until they get the grade they want. This provides the TPGs with the incentive ti inflate the grade to meet customer demand. But if we know this, then we understand that knowledgeable collectors will also recognize the grade inflation. Some don't care and some, like myself, do.</p><p><br /></p><p>I'd rather see an uninflated XF selling for more than adjusting it to an inflated MS62 at the same price. But too many buyers fail to understand the books the skim that tells them what value to assign to it at a particular grade. Those are premium, no problem coins. They now would almost universally receive CAC labels. Your XF details is less and often significantly less.</p><p><br /></p><p>I understand the TPG lottery game and just disagree with it. But as long as people are willing to play along, inflation will continue. That 1960 VG6 details will become your 2060 XF 40. I just want the grade to stay consistent and the price to go up to reflect the market.[/QUOTE]</p><p><br /></p>
[QUOTE="Marshall, post: 3731174, member: 21705"]Modern sellers like to gamble on cracking out coins and resubmitting them. They just keep doing it until they get the grade they want. This provides the TPGs with the incentive ti inflate the grade to meet customer demand. But if we know this, then we understand that knowledgeable collectors will also recognize the grade inflation. Some don't care and some, like myself, do. I'd rather see an uninflated XF selling for more than adjusting it to an inflated MS62 at the same price. But too many buyers fail to understand the books the skim that tells them what value to assign to it at a particular grade. Those are premium, no problem coins. They now would almost universally receive CAC labels. Your XF details is less and often significantly less. I understand the TPG lottery game and just disagree with it. But as long as people are willing to play along, inflation will continue. That 1960 VG6 details will become your 2060 XF 40. I just want the grade to stay consistent and the price to go up to reflect the market.[/QUOTE]
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GTG: 1922-D Lincoln Wheat Cent - there's gonna be a fight
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