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How much does a PCGS grade add to a coins value?
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<p>[QUOTE="TheFinn, post: 3173584, member: 90102"]To that point, I have an example. I had a very nice 1916-D Merc I was selling for an old friend. It was easily a nice XF he paid $250 for many years ago. I offered it to a dealer for XF45 bid, but he was nervous because it wasn't graded by PCGS. So I sent it in and it came back AU50. He bought it without any hesitation for $1250 more than he could have purchased it for raw. He obviously wasn't confident in his grading abilities - I doubt it was an authentication issue, but maybe it was.[/QUOTE]</p><p><br /></p>
[QUOTE="TheFinn, post: 3173584, member: 90102"]To that point, I have an example. I had a very nice 1916-D Merc I was selling for an old friend. It was easily a nice XF he paid $250 for many years ago. I offered it to a dealer for XF45 bid, but he was nervous because it wasn't graded by PCGS. So I sent it in and it came back AU50. He bought it without any hesitation for $1250 more than he could have purchased it for raw. He obviously wasn't confident in his grading abilities - I doubt it was an authentication issue, but maybe it was.[/QUOTE]
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How much does a PCGS grade add to a coins value?
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