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<p>[QUOTE="Randy_K, post: 1743991, member: 23248"]I agree on the technical grading. I have been collecting for years and that's what I grew up with. The "market factors" factors don't belong in grading since they are just a guess (a.k.a. SWAG) and unfairly impact market pricing. Perhaps in a few years that high grade given due to market factors will become worth less as whatever drove that grade becomes less important? How many times have we seen the prices of a particular coin go wild and then drop after the craze wears off? I figure that is where this may be headed.</p><p><br /></p><p>There have always been hucksters in the coin business selling dipped coins as BU, "rare" VF common date silver dollars and overpriced gold coins as investments. Education is the best defense against that. For legitimate sellers, I figure the more they advertise, the more overhead costs are built into their pricing.</p><p><br /></p><p>fisherwomen3325: A Mercury dime graded AU50 will be just that no matter if there is just one or one million in circulation. When you get into higher grades (like maybe an MS68) then everyone starts splitting hairs using CSC's green bean sticker, Eagle Eye Photo Seal, PCGS Plus and the like to assume greater value attached to that grade - yet, technically, there is no difference between that MS68 and one without all the extras.[/QUOTE]</p><p><br /></p>
[QUOTE="Randy_K, post: 1743991, member: 23248"]I agree on the technical grading. I have been collecting for years and that's what I grew up with. The "market factors" factors don't belong in grading since they are just a guess (a.k.a. SWAG) and unfairly impact market pricing. Perhaps in a few years that high grade given due to market factors will become worth less as whatever drove that grade becomes less important? How many times have we seen the prices of a particular coin go wild and then drop after the craze wears off? I figure that is where this may be headed. There have always been hucksters in the coin business selling dipped coins as BU, "rare" VF common date silver dollars and overpriced gold coins as investments. Education is the best defense against that. For legitimate sellers, I figure the more they advertise, the more overhead costs are built into their pricing. fisherwomen3325: A Mercury dime graded AU50 will be just that no matter if there is just one or one million in circulation. When you get into higher grades (like maybe an MS68) then everyone starts splitting hairs using CSC's green bean sticker, Eagle Eye Photo Seal, PCGS Plus and the like to assume greater value attached to that grade - yet, technically, there is no difference between that MS68 and one without all the extras.[/QUOTE]
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