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Message:: [QUOTE="Midas, post: 72104, member: 2761"]The population report figures I provided were for 70 grades only.  This was to answer the above question.  I provided BOTH the number of submissions and the total of 70 grades handed out.   Using 5th grade math, you can calculate the percentage of 70 grades against their total submissions for the given coin.  Speedy....NGC may have more submissions on certain coins, but L@@K at the number of 70 grades to the number of total submissions.  This is called a percentage.  If you watch baseball, this is how they calculate batting averages. If you get 4 hits at 10 at bats, your batting average is .400 or 40%. So what are the "batting averages" for a submitter obtaining a 70 grade on modern proof coins?  Look again... 2000 American Silver Eagle in PR70 grades: PCGS gave out 32 PR70DCAM's out of 5341 submissions. That is just under .6%NGC gave out 268 PR70UltraCams (same as DCAM) out of 3420 submissions. Equals to 7.8%. 1999 Lincoln Proof Cent? PCGS gave out 20 PR70DCAMS out of 2376 submissions. Equal to .8%NGC gave out 253 PR70UCAMS out of 3130 submissions. Equal to 8.0% 1999 Kennedy Halfs from the Silver proof set: PCGS gave out 8 PR70DCAMs out of 2678 submissions. Equals under .3%NGC gave out 83 PR70UCAMs out 1735 submissions. Equals under 4.8% 2005 Bison 5c Proof: PCGS has given out 272 PR70DCAMs out of 8,962 submissions. That's 3.0%NGC has given out 1509 PR70UCAMs out of 12,151 submissions. That's 12.4% I do understand about resubmissions but it is very unlikely that a submitter would keep on submitting a 69 modern coin in hopes of a 70 grade...over and over again.  I am positive that if a submitter got a 70 grade, it would be a pleasant surprise as most people that submit moderns wouldn't bet the bank on a 70 grade.  I wouldn't and the resubmission costs alone would quickly make any "hope" of a 70 grade be unreasonable. Sure you see this on somebody hoping to go from a Morgan Dollar 64 to 65 grade, but even if the same occurance happens with all of the services as suggested, I like to look at the number of grades to the total of submissions. Again, back to the question on PR70 grades.  Do you think that the reason why PCGS PR70 grades sell for more than NGC PR70 grades because the market finds PCGS PR70 coins are graded more conservatively than NGC which appears to hand out more these "70 holy grail" grades than PCGS?? And yes...we know about the Proof Franklin that Speedy paid more than one in the same grade in a PCGS holder...a fine example indeed that a NGC coin sold for more than one in a PCGS holder.  I call that an exception.  When I look at thousands of completed auctions detailing prices realized from the likes of Heritage, Bowers & Merena, Teletrade, eBay, dollars spent for PCGS graded coins overall (that means there could be exceptions like Speedy's Franklin Half) sell for more than the others, including NGC.[/QUOTE]

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