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<p>[QUOTE="Midas, post: 128977, member: 2761"]From this article that GD linked:</p><p><br /></p><p><i>"The best resources available to identify common-issue modern coins that are scarce or rare in high condition are the <b>grading service population reports</b>, which list the numbers of coins graded in each grade for both circulation strikes and Proof coins by issue. PCGS, Numismatic Guaranty Corp. and ANACS produce these reports several times a year. <b><span style="color: Red">Studying these reports is both revealing and surprising</span></b>."</i></p><p><br /></p><p>Funny...I was taken to task when I did exactly that...which is to look at and study these very reports!</p><p><br /></p><p>When I did look at these reports and upon further review (a little football humor), when I posted conclusions that NGC hands out 5, 10, 15, 20 times MORE 70 grades than PCGS, you could of swore I committed treason!</p><p><br /></p><p>So...I would encourage all to look at these reports (especially PCGS and NGC). Since the liklihood that a modern coin would be cracked out an resubmitted again is almost nill, these reports can tell you a bunch.</p><p><br /></p><p>Study the amount of TOTAL submissions for a given coin and see how many 70 grades or (any high grade for that matter) were 'awarded'. After all, if I were to submit a ASE Proof (for an example) for grading, I would definitely "hope" for a 70 grade, wouldn't you? So, if a given TPG received 1,000 submissions for a given coin and 500 were awarded a 70 grade, you can see that 50% of their submissions were awarded the 70 grade. Obviously, this all plays a part in prices realized and values in the free market.</p><p><br /></p><p>So as the article stated, study and look at these POP reports. Does one service "hand out" more MS67RD grades (i.e., Lincolns) than the next...all things being equal? Do you really beleive one TPG could receive 5, 10, 15, 20 times more 70 grade submissions than the other? See for yourself...</p><p><br /></p><p><a href="http://ngccoin.com/poplookup/" target="_blank" class="externalLink ProxyLink" data-proxy-href="http://ngccoin.com/poplookup/" rel="nofollow">NGC population look up</a></p><p><br /></p><p><a href="http://www.pcgs.com/login.chtml?universeid=313&lmsg=&lgoto=http%3A%2F%2Fwww%2Epcgs%2Ecom%2Fpopreport%2Findex%2Echtml" target="_blank" class="externalLink ProxyLink" data-proxy-href="http://www.pcgs.com/login.chtml?universeid=313&lmsg=&lgoto=http%3A%2F%2Fwww%2Epcgs%2Ecom%2Fpopreport%2Findex%2Echtml" rel="nofollow">PCGS population report</a>[/QUOTE]</p><p><br /></p>
[QUOTE="Midas, post: 128977, member: 2761"]From this article that GD linked: [I]"The best resources available to identify common-issue modern coins that are scarce or rare in high condition are the [B]grading service population reports[/B], which list the numbers of coins graded in each grade for both circulation strikes and Proof coins by issue. PCGS, Numismatic Guaranty Corp. and ANACS produce these reports several times a year. [B][COLOR="Red"]Studying these reports is both revealing and surprising[/COLOR][/B]."[/I] Funny...I was taken to task when I did exactly that...which is to look at and study these very reports! When I did look at these reports and upon further review (a little football humor), when I posted conclusions that NGC hands out 5, 10, 15, 20 times MORE 70 grades than PCGS, you could of swore I committed treason! So...I would encourage all to look at these reports (especially PCGS and NGC). Since the liklihood that a modern coin would be cracked out an resubmitted again is almost nill, these reports can tell you a bunch. Study the amount of TOTAL submissions for a given coin and see how many 70 grades or (any high grade for that matter) were 'awarded'. After all, if I were to submit a ASE Proof (for an example) for grading, I would definitely "hope" for a 70 grade, wouldn't you? So, if a given TPG received 1,000 submissions for a given coin and 500 were awarded a 70 grade, you can see that 50% of their submissions were awarded the 70 grade. Obviously, this all plays a part in prices realized and values in the free market. So as the article stated, study and look at these POP reports. Does one service "hand out" more MS67RD grades (i.e., Lincolns) than the next...all things being equal? Do you really beleive one TPG could receive 5, 10, 15, 20 times more 70 grade submissions than the other? See for yourself... [URL="http://ngccoin.com/poplookup/"]NGC population look up[/URL] [URL="http://www.pcgs.com/login.chtml?universeid=313&lmsg=&lgoto=http%3A%2F%2Fwww%2Epcgs%2Ecom%2Fpopreport%2Findex%2Echtml"]PCGS population report[/URL][/QUOTE]
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