Reply to Thread

Message:: [QUOTE="KSorbo, post: 2018431, member: 56370"]The PCGS data definitely piqued my curiosity, so I pulled out my calculator and did some math. During the 2 year period the overall population of certified coins increased by 39%.  I was interested to see which grades accounted the most for this increase.  Here are the 2-year increases broken down by specific grades:MS63 - 14%MS64 - 21%MS65 - 25%MS66 - 38%MS67 - 96% Although the higher grades do show a greater increase, even the MS65 and MS66 grades had a smaller percentage increase than the overall population of certified coins. It really gets interesting in MS and PF69 grades which increased 363% for PF69 and 25,450% (!!!) for MS69.  So in 2005 were there really over 1 million PF69 and 600,000 MS69 classic coins or did PCGS misstate their data in the second report?  If there are that many "monster graded" classics out there I'd sure like to see some of them. Also, there is an "other" category which I assume covers details, genuine and lowball (G6 and below) coins.  This category increased by over 400K which accounts for over 20% of the increase in overall certified population. Another 68% of that overall increase (approximately 1.5 million coins) can be accounted for by the newly graded PF69 and MS69 coins.   This goes to show that we can't always take data at face value.  If the data is telling us something completely impossible, i.e. that 1.5 million MS and PF69 classic coins were graded in a 2 year period, then there has to be a simpler explanation.  Either PCGS forgot to subtract out the moderns from their second report or their definition of "moderns" is extremely narrow.[/QUOTE]

Create my FREE Account!

Log in or Sign up

Reply to Thread

Useful Searches