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<p>[QUOTE=&quot;JayF, post: 3030278, member: 92530&quot;]I didn&#039;t, I don&#039;t know if that person that paid almost $8K for a regular 64 penny for its &quot;luster&quot; would have if they had looked closely at the details.&nbsp; I wouldn&#039;t have.&nbsp; I had to zoom all the way in to see the scratches and I was surprised.&nbsp; One of the things that got me going with this hobby is using my magnifying glass app on my phone and seeing the details on the coins after I learned more on what devices/fields/varieties/doubled dies are.&nbsp; When I start looking at coins up close, I can&#039;t stop.&nbsp; I go through the same coins over and over in span of days&nbsp; to see the details specially all my pretty shiny coins. </p><p><br /></p><p>I &quot;graded&quot; my coins at the most basic level, if there&#039;s a scratch, it wouldn&#039;t get MS grade...and I wouldn&#039;t spend money to try and get it slabbed.&nbsp; But now, knowing that TPGs actually grade scratched coins...I might reconsider.</p><p><br /></p><p>Why?&nbsp; Unfortunately, this is what the norm is in the coin collection world.&nbsp; Coins gets its values based on the opinion of someone working at a well known TPG.&nbsp; And like you said, this is what buyers based most of their purchases, that label.&nbsp; If there&#039;s a way I can market my coins and make it sound as good as a TPG label, I&#039;d go that route but no one would buy my coin if I say &quot;54 yr old lincoln penny with glowing red luster, quite rare, with a few scratches.&quot;&nbsp; I&#039;d probably get the &quot;you&#039;re a scam, that&#039;s worth face value&quot; every time lol.</p><p><br /></p><p>Thank you for the reply, at least someone here shares my thoughts about how those coins were graded.[/QUOTE]</p><p><br /></p>

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