Message:

<p>[QUOTE=&quot;GDJMSP, post: 1997463, member: 112&quot;]Condition rarity - it&#039;s kind of an odd thing. When it&#039;s mentioned most folks automatically think of moderns and the 70 grade coins, much like you are pointing out in this post. But what most folks tend to forget, or just not think of, is that condition rarity applies just as much to classic coins as it does to moderns. In fact, let&#039;s use that other coin you posted, the BTW commem as an example.</p><p><br /></p><p>Here we have a coin very similar to yours. Attractive and similar toning, and same grade on both - </p><p><br /></p><p><img src="http://dyn2.heritagestatic.com/lf?set=path%5B1%2F1%2F4%2F5%2F9%2F11459909%5D%2Csizedata%5B220x350%5D&amp;call=url%5Bfile%3Aproduct.chain%5D" class="bbCodeImage wysiwygImage" alt="" unselectable="on" /> </p><p><br /></p><p><br /></p><p>This coin sold for $76 in a recent auction.</p><p><br /></p><p><br /></p><p>But now we have another example of the same coin, again attractive and similar toning, but a higher grade -</p><p><br /></p><p><img src="http://dyn3.heritagestatic.com/lf?set=path%5B1%2F1%2F4%2F6%2F4%2F11464474%5D%2Csizedata%5B220x350%5D&amp;call=url%5Bfile%3Aproduct.chain%5D" class="bbCodeImage wysiwygImage" alt="" unselectable="on" /> </p><p><br /></p><p><br /></p><p>This coin sold for $646 at a recent auction, in fact within 6 days of the other one. So why almost a $600 increase ? Condition rarity.</p><p><br /></p><p>NGC has graded 1,106 of these coins as 65, but only 64 of them as a 67, with 2 higher. </p><p>PCGS has graded 1,577 of these coins as 65, but only 73 as 67 with 1 higher.</p><p><br /></p><p>Condition rarity applies to all coins, always has. The coins can be the most modern, or 700 years old - the number (age) doesn&#039;t matter. What matters is the condition when it comes to value.</p><p><br /></p><p>Yes, I agree 100% that what people pay for the modern 70 grade coins is ridiculous. But the same phenomena occurs with a 67 BTW with attractive toning. A $600 increase (same amount as you pointed out ) for a 2 point grade increase - condition rarity.</p><p><br /></p><p>What&#039;s my point ? It&#039;s in my first paragraph - condition rarity applies just as much to classic coins as it does to moderns.[/QUOTE]</p><p><br /></p>

Your name or email address:

Do you already have an account?

• No, create an account now.
• Yes, my password is:
• Forgot your password?

Stay logged in