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<p>[QUOTE=&quot;cpm9ball, post: 889345, member: 24633&quot;]TC, thanks for the concern.</p><p>&nbsp;</p><p>Please don&#039;t get me wrong. I wasn&#039;t trying to back you into a corner over your statement. Yes, PCGS has graded a ton of modern 70&#039;s, but the point that I&#039;m trying to drive home to the newbies who think they <b>must buy</b> 70&#039;s when starting a collection is that they will never recover the added expense if they should ever decide to sell them, and they probably wouldn&#039;t be able to tell the difference between a 69 &amp; 70 anyway. It&#039;s one thing if they are submitting the coins themselves, and some of them come back 70. In that case, sell the 70&#039;s and buy other 69&#039;s to complete the set. Why pay $100 for a 70 when you can buy a 69 for $40.</p><p>&nbsp;</p><p>Here&#039;s a perfect example. In 2005, I submitted a set of Proof Silver SQ&#039;s I bought from the Mint for grading to NGC because the KS 25c was a Mint Error. It cost me about $100 to buy the set and have all 5 coins graded. When I got them back the KS graded NGC PF70UCAM MINT ERROR; the OR graded PF70UCAM and the CA, MN &amp; WV graded PF69UCAM. At the time, nationally advertised dealers were selling KS &amp; OR PF70UCAM&#039;s for $300 without any error at all. I showed my KS Error to more than a dozen dealers at FUN 2006, and the best offer I got was $175, and I had no takers on the OR PF70 for $150.</p><p>&nbsp;</p><p>So, if the newbies were to pay the advertised prices for 70&#039;s listed by the institutional dealers, they would automatically be faced with a huge loss if they decided to sell.</p><p>&nbsp;</p><p>For me, it was just as well that I didn&#039;t get a fair offer for the KS Error. I might have been tempted to sell it when I really didn&#039;t want to.[/QUOTE]</p><p><br /></p>

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