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Interesting grade of this slabbed Merc
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<p>[QUOTE="GDJMSP, post: 1456442, member: 112"]Well yes, the '21 Merc is an expensive coin in 67. The last 3 to sell on Heritage ranged in price from $12,600, $24,100, and $32,200. While the range for the same coin in 66 for the past year has been from about $4,500 to $8,000. And that is why we as collectors need to know our coins. We can't just take the word of the TPG when it comes to grade.</p><p><br /></p><p>There are basically two kinds of people Mandy. </p><p><br /></p><p>1 - what I call plastic buyers are those who accept the grade assigned by the TPG and don't question it. And even when they look at a picture of a coin, or sometimes even when they see the coin in hand, and they wonder about the grade, they will question their own judgement and assume the TPG knows more than they do, so the grade must be correct.</p><p><br /></p><p>2 - what I call discriminating collectors, are those who completely ignore the grade assigned by the TPG and form their own opinion of the coin.</p><p><br /></p><p>That '21 you linked to for example. Based on your comments you obviously question the grade. I know why I question the grade, but can you explain why you do ?</p><p><br /></p><p>It might be worth noting that NGC and PCGS combined have only graded a small handful of these coins at 67. From what I can see, less than 10 of them - which explains the price.[/QUOTE]</p><p><br /></p>
[QUOTE="GDJMSP, post: 1456442, member: 112"]Well yes, the '21 Merc is an expensive coin in 67. The last 3 to sell on Heritage ranged in price from $12,600, $24,100, and $32,200. While the range for the same coin in 66 for the past year has been from about $4,500 to $8,000. And that is why we as collectors need to know our coins. We can't just take the word of the TPG when it comes to grade. There are basically two kinds of people Mandy. 1 - what I call plastic buyers are those who accept the grade assigned by the TPG and don't question it. And even when they look at a picture of a coin, or sometimes even when they see the coin in hand, and they wonder about the grade, they will question their own judgement and assume the TPG knows more than they do, so the grade must be correct. 2 - what I call discriminating collectors, are those who completely ignore the grade assigned by the TPG and form their own opinion of the coin. That '21 you linked to for example. Based on your comments you obviously question the grade. I know why I question the grade, but can you explain why you do ? It might be worth noting that NGC and PCGS combined have only graded a small handful of these coins at 67. From what I can see, less than 10 of them - which explains the price.[/QUOTE]
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Interesting grade of this slabbed Merc
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