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<p>[QUOTE=&quot;TypeCoin971793, post: 2853856, member: 78244&quot;]I can buy that, and I agree. But the problem with the coin market is that the vast majority of collectors/investors are unknowledgeable, and they refuse to put in the work needed to learn grading or researching the coin&#039;s value. It is these people who set the value for any coin, whether you like it or not.</p><p><br /></p><p>Example: I tried selling a gorgeous AU-58 Indian Cent that had full luster, some original red mint luster, and just a touch of wear. I was trying to get $140 for it (Later sold it for $120, but oh well). Then two people tried talking me down to $75 and $80 because it was raw. I used [USER=112]@GDJMSP[/USER]&#039;s argument about coins in and outside of slabs have the same values, but I got the reply &quot;That is the value for an AU in a slab, but this coin is only AU&quot; (LOL!!!!!!!). At that point I stopped arguing with them and sold it to someone who knew what he was doing (and he was very happy; it is now his favorite coin over his VF 1877 cent).</p><p><br /></p><p>Dealers tell me the same story (which helps propagate the notion that slabbed coins are worth more). They piddle over my raw coins and offer more for slabbed coins (even if they are the same grade). Dealers even say the type of slab affects the value. Even stickers like CAC historically affect the sale price. People are misinformed, but they are the basis of our hobby. Unfortunately, that causes the propagation of untruths that become &quot;fact&quot; in the market.</p><p><br /></p><p>But I can use this to my advantage when unknowledgeable individuals sell me raw coins; I&#039;ve made thousands of dollars doing just that.[/QUOTE]</p><p><br /></p>

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