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<p>[QUOTE=&quot;Insider, post: 2623935, member: 24314&quot;]WOW!&nbsp; Gradeflation at work and proved in such a way that you cannot argue.</p><p><br /></p><p>I should like to point out something that hit me after reading this part of Mr. Salzberg&#039;s the article: &quot;Interestingly, I just read an article in <i>Coin World</i> over the weekend that describes a 1997 Lincoln Cent in PCGS MS 68 that sold for a strong price of $763.75. According to <i><a href="https://www.coinworld.com/news/us-coins/2017/01/1997-lincoln-cent-high-grade-red-pcgs-heritage-auctions-market-analysis.html" target="_blank" class="externalLink ProxyLink" data-proxy-href="https://www.coinworld.com/news/us-coins/2017/01/1997-lincoln-cent-high-grade-red-pcgs-heritage-auctions-market-analysis.html" rel="nofollow">Coin World</a></i>: &quot;PCGS had graded 17 in this grade with none finer when the coin was offered last autumn, and the population has subsequently exploded, with the PCGS Population Report recording 24 as of December 2016.&quot;</p><p><br /></p><p>Modern coins, the pocket change of today, don&#039;t make as good case as vintage pieces such as the 12-S.&nbsp; The reason is simple.&nbsp; At this time, virtually no one is stupid enough to pay $$ to send in a 199X Lincoln cent for grading.&nbsp; I know, I know, the search for perfection rules.&nbsp; That&#039;s why stamps with a retail value of used postage can bring $$$ when graded 98!&nbsp; Same with coins BUT...</p><p><br /></p><p>As soon as some collector had a 199X dated coin graded and sold for hundreds of dollars, any astute collector will try to match it and reap the reward.&nbsp; I assure you all that the population of MS-68 Red modern Lincoln cents will explode as these coins are out there waiting to be slabbed. <img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie8" alt=":D" unselectable="on" unselectable="on" />[/QUOTE]</p><p><br /></p>

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