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Message:: [QUOTE="GDJMSP, post: 66815, member: 112"]Does anyone actually realize what looking at numbers like this tells you ? At first glance it makes you think that coin A in so and so's slab is worth more than coin A in somebody else's slab. But when you say or think that - you're making an assumption and a mistake. The asumption is that all coins of a given grade are equal. The mistake is that you are assigning value to the slab and not the coin. In other words - buying the slab and not the coin. Take a look at any batch of numbers you like. Let's use just these for an example - 66 PCGS $253.0066 PCGS $172.5066 PCGS $161.00 66 PCGS $149.50 Now there's nearly a hundred dollars difference between the price paid for those 4 coins - and they are all in a PCGS slab of the same grade. What does that tell you ? Most folks will think that it tells you that the buyer at the top of list wanted the coin more and so was willing to pay more. Now perhaps that is the case - but perhaps it is not the case. Perhaps the coin in that slab at the top of the list was much nicer than the coin at the bottom of the list even though it was in a slab from the same company and at the same grade. What these numbers tell me is that the buyer was being smart - he was buying the coin - not the slab. They also tell me something else. They tell me that if PCGS can place 4 coins that are that much different in slabs with the same grade - then PCGS is not very consitent with their grading. Perhaps they aren't even accurate. Just a different way to look at things  <img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie2" alt=";)" unselectable="on" unselectable="on" />[/QUOTE]

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