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Message:: [QUOTE="john59, post: 2113956, member: 73760"]You're perfectly right on this. The price between MS-70 or PR-70 to 69 is outrageous. When is the last time you heard that a collector got 20 of them graded in a row at MS-70? But you hear that the dealers get hundreds graded MS-70. The dealers have a monopoly on the new issues. They're the first to order, first to receive. I would go as far as to say that the mint gives them priority because they're buying thousands compared to the collectors who buy a few. Just take a look at the MS-69 on many modern issues. If it's a clad coin, I have seen them go for $20 slabbed. That's under cost. As for resubmissions, I have never heard of anyone getting a downgrade. But I know many people crack them and send them back 10-20 times looking for a higher grade until they get it most of the time.[/QUOTE]