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Is it Normal for a dealer to have coins graded several times?
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<p>[QUOTE="cdcda, post: 11151, member: 941"]Many dealers resubmit coins for grading when and if they disagree with the grade the coin was given by a grading company such as PCGS, NGC, or ANACS. In some cases, their motives are not sincere, in others they are.</p><p><br /></p><p>You have to figure, the grading professionals at the major grading companies are human and a variety of factors can contribute to their grading a single coin differently on a given day than they might on another day. If a dealer honestly feels that a coin is say, an MS65, and it comes back as an MS64, they may resubmit it again in the hopes that it meets their grade.</p><p><br /></p><p>In the case of the coin you mention, it does not sound like the motives were pure. Coins in the state of preservation that you reference demand a SERIOUS premium. I would doubt that this 1921 Morgan is an MS69 or anything close to it. As a matter of fact, I have NEVER seen a Morgan Dollar that was graded MS69 or that I could truly call an MS69 coin.[/QUOTE]</p><p><br /></p>
[QUOTE="cdcda, post: 11151, member: 941"]Many dealers resubmit coins for grading when and if they disagree with the grade the coin was given by a grading company such as PCGS, NGC, or ANACS. In some cases, their motives are not sincere, in others they are. You have to figure, the grading professionals at the major grading companies are human and a variety of factors can contribute to their grading a single coin differently on a given day than they might on another day. If a dealer honestly feels that a coin is say, an MS65, and it comes back as an MS64, they may resubmit it again in the hopes that it meets their grade. In the case of the coin you mention, it does not sound like the motives were pure. Coins in the state of preservation that you reference demand a SERIOUS premium. I would doubt that this 1921 Morgan is an MS69 or anything close to it. As a matter of fact, I have NEVER seen a Morgan Dollar that was graded MS69 or that I could truly call an MS69 coin.[/QUOTE]
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Is it Normal for a dealer to have coins graded several times?
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