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<p>[QUOTE=&quot;GDJMSP, post: 20559, member: 112&quot;]You&#039;re asking valid questions - but complicated ones. Let me try to explain by saying this first of all - not all coins of the same grade, even those graded by the same company, let alone a different company - are equal. Prices can vary greatly !</p><p><br /></p><p>A coins grade is established by several factors - I think we all know what they are. But on say coin A, the strike can better than on coin B. And on coin A, the luster is worse than on coin B. They both have similar contact marks but B has a couple more. Now the eye appeal of A is good, but on B it is great ! But the end result is - both coins have the same grade. </p><p><br /></p><p>Say you have 2 Morgans dollars - both graded as MS65 by PCGS. The coins sell two weeks apart so time or market fluctuation is not an issue. But coin A sold for $525 and coin B sold for $750. Essentially, how can this happen is what you are asking ?</p><p><br /></p><p>Well the possible explanations are numerous - coin B may, in the buyers opinion have better eye appeal. Or the buyer may think it is undergraded. Or the buyer may be trying to score points in a registry program and willing to pay a premium because of it. Or it may be that the buyer has just been looking for that particular coin for a long time. It could also be that there were several buyers actively trying to outbid each other for that coin on that particular night at that particular auction. There are even more reasons that this could have happened.</p><p><br /></p><p>It is no different with the same two coins when one is graded by PCGS and one by NGC. You would be hard pressed to find any two coins, identically graded by the same company that sell for the same price. I&#039;d say it would be almost impossible. And if you have those two coins graded by different companies - it will never happen. </p><p><br /></p><p>I will grant you - some collectors think one company is better than the other. But there are just as many who think NGC is better as there are who think PCGS is better. But contrary to what collectors think - this rarely if ever has any bearing on the sales price. The sales price any coin, graded by anyone, brings is only determined by one thing - the buyer. And since the buyer is an individual - the price he will pay for a given coin is as individual as he is. </p><p><br /></p><p>Perhaps this buyer thinks luster is more important so he is willing to pay more for B than A. But the buyer for A thinks strike is more important - so he is willing to pay more for A than B. The possible combinations for what a given collector will pay for a given coin are endless. And it seldom has anything to with the slab. It has to do with the coin. The proof of this is when the coin is sold again.</p><p><br /></p><p>If I wanted to take the time - I could show you examples of a coin being sold 3 different times for vastly different prices. And it wasn&#039;t because of changes in market values. It was because of different buyers.</p><p><br /></p><p>So the fatal flaw you mention - does not lie with the grading company. The flaw is in the logic that collectors use when they try to compare realized prices. And you are certainly not alone - all too many make this mistake.</p><p><br /></p><p>As to your first question - no they will not inform you if you submit the coin with cross at any grade. But what you can do is submit your coin with the proper instructions. If you submit the coin with cross at same grade only, or higher, they will do so. If they think the coin is a 65 and not a 66 - they will return it to you in the NGC holder.[/QUOTE]</p><p><br /></p>

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