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<p>[QUOTE="medoraman, post: 971732, member: 26302"]When Sheldon came up with his numbering system, each point of grade was supposed to mean it was worth $1 more. This meant a VF30 was worth half as much as a MS60. That is where the numbers came from. I am simply pointing out what I view as outrageous premiums on what underliningly is a common date coins existing in the millions. To me the pricing situation today looks exactly like 1989, before it all imploded and was shown to be a huge ponzi scheme.</p><p><br /></p><p>Maybe I am wrong, maybe these prices will continue like this forever. I just wonder where the new base support, the kids trying to collect all of the lincoln pennies, will come to support this in the future. Its an awful lot of money for a grade difference I would bet more than half, (way more), of all collectors cannot see reliably. Can I see the difference between a 20 and a 30? Yeah. Can I see the difference between a 63 and a 65, most always. Between a 67 and 68? Most of the time no, I would have an opinion but very well could be wrong. So could the TPG'er.[/QUOTE]</p><p><br /></p>
[QUOTE="medoraman, post: 971732, member: 26302"]When Sheldon came up with his numbering system, each point of grade was supposed to mean it was worth $1 more. This meant a VF30 was worth half as much as a MS60. That is where the numbers came from. I am simply pointing out what I view as outrageous premiums on what underliningly is a common date coins existing in the millions. To me the pricing situation today looks exactly like 1989, before it all imploded and was shown to be a huge ponzi scheme. Maybe I am wrong, maybe these prices will continue like this forever. I just wonder where the new base support, the kids trying to collect all of the lincoln pennies, will come to support this in the future. Its an awful lot of money for a grade difference I would bet more than half, (way more), of all collectors cannot see reliably. Can I see the difference between a 20 and a 30? Yeah. Can I see the difference between a 63 and a 65, most always. Between a 67 and 68? Most of the time no, I would have an opinion but very well could be wrong. So could the TPG'er.[/QUOTE]
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