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<p>[QUOTE=&quot;huntsman53, post: 146494, member: 1242&quot;]I have a general rule in that I will not bid on or purchase a coin off of eBay or other Internet Auction site that has been slabbed by PCI within the last 5 years! There are exceptions such as, when the pictures are good enough so that you can tell with some certainty that the coin was not overgraded or when the price is way below the value of the coin in the grade given. I usually want to have the coin in hand to inspect it and determine if it has been overgraded or not. in fact, I picked up a nice 1882-CC Morgan today that is in an older generation slab and graded MS-64 by PCI! I could not pass it up since it might actually sqeek out an MS-65 from NGC or PCGS, it is an unattributed VAM and the price was only $200.</p><p><br /></p><p>My advice is, to shy away from Coin Dealers at Coin Shows that have large amounts of one or more series of coins in new PCI slabs (i.e. many common Date Morgan or Peace Dollars, many State Quarters, many BU Red Wheat Cents, etc.) unless the prices on their&#039; coins are too low to pass up. I have actually seen Coin Dealers purchase $1,000 and $5,000 bags of Uncirculated common Date Morgan or Peace Dollars then submit all of them at once to PCI at a Coin Show. Many Dealers submit large amounts of coins at once to PCI, first to get the coin in a slab which boosts the value and return on the coins and second&nbsp; in hopes of getting a higher grade than they would from other TPG&#039;s which again boosts the value and return on the coins. If you notice a Coin Dealer with large amounts of PCI graded coins then they probably have many more boxes of them behind or under their&#039; table!</p><p><br /></p><p><br /></p><p>Frank[/QUOTE]</p><p><br /></p>

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