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<p>[QUOTE="dougsmit, post: 2013805, member: 19463"]What I fear is being missed is the fact that every coin with the same grade letters and numbers will not be worth the same price. There will be coins fairly called MS 5+5 that will sell for less than an AU 5+5 or MS 5+4 under some circumstances that will vary from type to type. Collectors who only buy the MS 5+5 level will not be bothered by this as much as will those who also consider VF 4+4 etc, coins but there are many types that do not exist in high grades (let alone perfection levels) and where the price is more influenced by a factor other than grade. For example:</p><p>[ATTACH=full]363170[/ATTACH] </p><p>The dealer I bought this from had two of the exact type and mint. The other was being sold for exactly four times what he asked for this but it had exactly the same degree of uneven striking in the opposite direction so the reverse figure was missing her head but had the full mintmark. Both could be said to have a 2 or 3 out of 5 rating for strike but that seller believed the other was worth 4 times this one. I have to wonder what he would have wanted for a 5/5. This is the sort of coin that would not be collected by the slab fans. Slabbed or not, how are they to know whether this is a $10 coin or a $100 coin unless they are dealing with a trusted dealer. I have no idea what grade NGC would assign to these two coins (same or different) or how those grades would guide a buyer who might not even realize that this coin is missing something at least one knowledgeable dealer considered 4x as important as the other which had no head on the reverse figure. The easy answer is don't collect types not available in MS 5+5. In that way, perhaps slabs would be a good answer.[/QUOTE]</p><p><br /></p>
[QUOTE="dougsmit, post: 2013805, member: 19463"]What I fear is being missed is the fact that every coin with the same grade letters and numbers will not be worth the same price. There will be coins fairly called MS 5+5 that will sell for less than an AU 5+5 or MS 5+4 under some circumstances that will vary from type to type. Collectors who only buy the MS 5+5 level will not be bothered by this as much as will those who also consider VF 4+4 etc, coins but there are many types that do not exist in high grades (let alone perfection levels) and where the price is more influenced by a factor other than grade. For example: [ATTACH=full]363170[/ATTACH] The dealer I bought this from had two of the exact type and mint. The other was being sold for exactly four times what he asked for this but it had exactly the same degree of uneven striking in the opposite direction so the reverse figure was missing her head but had the full mintmark. Both could be said to have a 2 or 3 out of 5 rating for strike but that seller believed the other was worth 4 times this one. I have to wonder what he would have wanted for a 5/5. This is the sort of coin that would not be collected by the slab fans. Slabbed or not, how are they to know whether this is a $10 coin or a $100 coin unless they are dealing with a trusted dealer. I have no idea what grade NGC would assign to these two coins (same or different) or how those grades would guide a buyer who might not even realize that this coin is missing something at least one knowledgeable dealer considered 4x as important as the other which had no head on the reverse figure. The easy answer is don't collect types not available in MS 5+5. In that way, perhaps slabs would be a good answer.[/QUOTE]
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