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Holy .... NGC just took PCGS behind the woodshed!
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<p>[QUOTE="ddddd, post: 2624771, member: 22377"]Here is how I think it happens:</p><p>(1) Someone achieved a top pop MS 67 coin; it is one of one and the highest valued via auction result.</p><p>(2)Others notice the high auction price and start cracking and resubmitting high end MS 65 and MS 66 examples...at least a few are successful, thus raising the population of MS 67 coins.</p><p>(3) Now with a higher population in MS 67 the coin sells for less at auction.</p><p>(4) The original owner of the MS 67 sees their coin is worth less now...time to resubmit...the problem is that the coin isn't MS 68 or 67+...the person cracks and resubmits 5 times with no luck...suddenly the Pop of MS 67 is 1 original + 2-3 additional upgrades frim lower holders + 5 failed resubmiscions of the original coin + however many resubmission of the 2-3 coins = 8+ coins</p><p>(5) Repeat the above over different series and you see how top pops can increase dramatically[/QUOTE]</p><p><br /></p>
[QUOTE="ddddd, post: 2624771, member: 22377"]Here is how I think it happens: (1) Someone achieved a top pop MS 67 coin; it is one of one and the highest valued via auction result. (2)Others notice the high auction price and start cracking and resubmitting high end MS 65 and MS 66 examples...at least a few are successful, thus raising the population of MS 67 coins. (3) Now with a higher population in MS 67 the coin sells for less at auction. (4) The original owner of the MS 67 sees their coin is worth less now...time to resubmit...the problem is that the coin isn't MS 68 or 67+...the person cracks and resubmits 5 times with no luck...suddenly the Pop of MS 67 is 1 original + 2-3 additional upgrades frim lower holders + 5 failed resubmiscions of the original coin + however many resubmission of the 2-3 coins = 8+ coins (5) Repeat the above over different series and you see how top pops can increase dramatically[/QUOTE]
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