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<p>[QUOTE=&quot;Paul M., post: 5305117, member: 73165&quot;]If you were talking about coins that are expensive, but not great rarities with impressive pedigrees like this one, I would agree with you.&nbsp; Hypothetically, if I owned a coin worth $50K, I&#039;d want it in the best, most secure holder I could get, which, right now is PCGS, hands down.&nbsp; I also happen to prefer the look of their holders over any other TPG, and their TrueViews are nothing to sneeze at either.&nbsp; Neither the look of the holder nor the quality of TrueView photography would be a deciding factor for me, but the gold shield holder and the new chip certainly would be.</p><p><br /></p><p>But, when you&#039;re talking about coins that are so well known, well provenanced, and literally known by name, I find it hard to believe the plastic around it has much, if any influence on any final hammer prices.&nbsp; Anyone who&#039;s bidding millions of dollars on a coin like this knows they can drop a trivial amount more money and get it in whatever holder by whichever company they want.&nbsp; I suspect that, even though such people may prefer one company over the others, most of those individuals use a trusted dealer as a proxy to bid in the live auctions where these coins are sold, and that their representatives are authorized to spend that money to cross the coin.</p><p><br /></p><p><br /></p><p><br /></p><p>You might be right, given that it&#039;s been sold so recently.&nbsp; OTOH, I doubt the market for this coin is bigger than about 10 people in the entire world, and all you really need to do is get 2-3 of them interested in it to create a bidding war.&nbsp; And, if this coin were offered up at any reputable auction house, you can bet the auction house themselves would personally contact the 9 people besides the current owner who may want it.&nbsp; </p><p><br /></p><p>I&#039;ve literally never seen a great rarity like this sell for less than it did the previous time it was sold.&nbsp; There might be an exception or 2 out there that I&#039;m not aware of, but there certainly aren&#039;t many.&nbsp; I see no real reason why this coin would be any different.</p><p><br /></p><p><br /></p><p><br /></p><p>That sounds like a lot of money, but, when you factor in the amount of insurance PCGS would need to even handle a coin like that, plus the VIP express treatment it would undoubtedly get, it starts to seem pretty reasonable.</p><p><br /></p><p><br /></p><p><br /></p><p>How high do your high rollers roll?&nbsp; Are any of them among the people who would be interested in a rarity like this?&nbsp; Anyone who would seriously consider buying this coin is going to be leagues above the relative schmoes who will bid on stuff like 1895 Morgans, MS pre-1833 gold, MS early large cents, and the like.</p><p><br /></p><p><br /></p><p><br /></p><p>I would hope so.&nbsp; Like I said, I expect these people will be represented at auction rather than bidding themselves, and, if I were one of those people with millions to blow on a single coin, you can damn well bet I&#039;d authorize my dealer representative to cross it into whatever holder I wanted, at whatever cost it would take.[/QUOTE]</p><p><br /></p>

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