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<p>[QUOTE=&quot;charley, post: 8384841, member: 5372&quot;]Your math and assumptions and the cost basis vs. return, appear to be predicated on the TPG grading the piece at a higher grade.</p><p><br /></p><p>That is a hidden loss, these days. Better to send the existing piece in for a CAC evaluation....$16?-$35? Zero if no green or gold?</p><p><br /></p><p>Of course, I am also making an assumption...that the original graded piece is PCGS or NGC. </p><p><br /></p><p>Using your example, if a resubmitted 63 comes back a 63, it is a loss, regardless of a value of $500 or $10,000. A loss is a loss, and using your numbers, it is an $86-$146 loss. If it comes back a 64, the next trip will be to CAC.... DEFINITELY in the case of a $10,000 piece....and, the added cost is either $16, or $35, or 0 (if no bean), because it is doubtful it would bring 64 money without a CAC bean.</p><p><br /></p><p>The point: the piece does not have to be resubmitted, with all the costs that are required to do so, when a CAC trip is cheapo cheapo cheapo.</p><p><br /></p><p>The other point: what if the original piece is returned at the same (or horrors) a lower grade?</p><p><br /></p><p>Sometimes, leaving something alone is better.</p><p><br /></p><p>Gradeflation&nbsp; works both ways, up or down. Thus the value of CAC.[/QUOTE]</p><p><br /></p>

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