Message:

<p>[QUOTE=&quot;GDJMSP, post: 950793, member: 112&quot;]OK - let&#039;s back up a minute here. The subject of discussion in this thread morphed from one thing to another. Starting here - </p><p><br /></p><p><br /></p><p><br /></p><p>To which I answered - </p><p>&nbsp;</p><p><br /></p><p><br /></p><p>Then spock asked - </p><p>&nbsp;</p><p><br /></p><p>&nbsp;</p><p>Now to answer spock&#039;s question I figured the best way to do that, and to help others understand what I posted above about the wide range of prices for a group of coins of all the same grade, I decided to post pictures of coins, the prices they realized at auction, and have you guys match them up.</p><p><br /></p><p>Well, pretty much everbody did terrible at matching them up, except Mark. He nailed the 2nd group of 4 which was all he guessed on. Nobody else did better than 2 out of 4, and of those that guessed on all 8 the best was 3 out of 8.</p><p><br /></p><p>And yes, Lehigh was correct in his assumtion that all of the coins were MS66. While I did not specifically state that they were, that was the example I used in my original comment so that is what I stuck with.</p><p><br /></p><p>But now don&#039;t forget, what started this was a series of comments made by several members, and it is a subject brought up, discussed, complained about, and even hatred by some. That is the fact a coin one grade above the grade below can cost so much more than the grade below.</p><p><br /></p><p>Well what I have tried to show you with this series of post is that coins of the same exact grade, graded by the same TPG, can also vary by as much as double the price - and sometimes even more.</p><p><br /></p><p>So is it really unexpected for coins of the next grade up to cost more ? No, of course not. And that is because of condition rarity.</p><p><br /></p><p>Now when condition rarity is brought up most people tend to think of it as applying to modern coins. But nothing could be further from the truth. Condition rarity applies to all coins and it always has. Some coins in upper grades can be downright tough to find and thus they cost more than those examples in the next grade down. Sometimes a lot more. And most often, they <u>should</u> cost a lot more. </p><p><br /></p><p>Say a gievn coin in MS65 is known to have at least 1,000 examples. But in MS66 or higher there are only 25 examples known to exist, with none above MS67. Wouldn&#039;t you expect that MS66 coin to cost 5, 10, maybe even 20 times&nbsp; or more what the 65 coin cost ? </p><p><br /></p><p>Those that already understood everything I have posted in this discussion do expect it. And that&#039;s why they don&#039;t even blink when paying it.</p><p><br /></p><p>Anyway - here&#039;s the answers to the price match up.</p><p><br /></p><p>First group - </p><p><br /></p><p>1 - $373.75</p><p><br /></p><p>2 - $920 </p><p><br /></p><p>3 - $431</p><p><br /></p><p>4 - $632 </p><p><br /></p><p>Second group - </p><p><br /></p><p>1 - $632 </p><p><br /></p><p>2 - $920</p><p><br /></p><p>3 - $747</p><p><br /></p><p>4 - $920[/QUOTE]</p><p><br /></p>

Your name or email address:

Do you already have an account?

• No, create an account now.
• Yes, my password is:
• Forgot your password?

Stay logged in