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<p>[QUOTE=&quot;GDJMSP, post: 90065, member: 112&quot;]Howdy haybailer - Welcome to the Forum !!</p><p><br /></p><p>The simple explanation to your question is that it is a matter of perception of quality. It&#039;s like brand name recognition - you might be in a store to purchase a certain item, say a TV, and the store has the same item manufactured by 2 different companies. Item A is priced at $300 while item B is priced at $600. Both TVs are 27&quot; color models - but you will choose which to purchase based on your own beliefs as to which is the better buy.</p><p><br /></p><p>To a large degree it is the same with slabbed coins. Basically there are 4 grading companies largely trusted by most of the numismatic community - NGC, PCGS, ANACS &amp; ICG. That&#039;s it - just those 4. All other grading companies are not considered to be worthy of trust or recognition.</p><p><br /></p><p>But even within those 4 companies some are perceived to be more trustworthy than the others. But when I say trustworthy what I mean is this - some people think PCGS grades more accurately and conservatively than the other three. Some think the same thing is true of NGC or ANACS. And some even say it of ICG. So depending on who the buyer is a given coin of a given grade will sell for different prices depending on who slabbed the coin. As I said - it&#039;s all a matter of perception.</p><p><br /></p><p>Now here&#039;s where it gets tricky. What causes people to believe what they do - or have a certain perception ? Generally people will believe what their trusted friends tell them, or what they read from a trusted source. Some few will even do the necessary research and examine the facts before making a decision or forming an opinion. But regardless of how one forms their own&nbsp; opinion - usually once formed that opinion is unshakable. And then they tell their friends who form their own opinions and so forth.</p><p><br /></p><p>So there you have it - coins in various slabs sell for various prices because people perceive the coins in one slab might worth more or less than the same coins in another slab.</p><p><br /></p><p>If you wish a more detailed explanation please do a search on this forum for posts on the subject of grading. But allow yourself some time - there&#039;s a lot to read <img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie2" alt=";)" unselectable="on" unselectable="on" />[/QUOTE]</p><p><br /></p>

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