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<p>[QUOTE="Argenteus Fossil, post: 1981086, member: 71478"]NGC & PCGS, to name a couple, have population reports on their site for different grades. My question is this: how accurate are those? </p><p><br /></p><p>This example is classic and I know talked about often; I wanted to start this thread to see more feedback and thoughts. If you have a coin that is let's say PCGS MS-64, but the price difference is huge from 64 to 65, so you crack it out and resubmit. At first PCGS shows 100 in MS-64 and 25 in MS-65 (all for example) It comes back MS-64 again. You repeat this two more times before deciding to give up. Now will it show 104 in MS-64 and still 25 in MS-65? </p><p><br /></p><p>Does this dilute the price of MS-64 by giving the impression a lot more exist than actually do? Does PCGS ever "correct" these numbers or is it rolling? So if somebody cracks a coin out for their set then later slab it again some years later, will it account for 2 of the coins shown in the population report?</p><p><br /></p><p>Lastly, and perhaps a bit different than my previous questions: is there a way to guesstimate a particular coins 'real' population? For example, how many 1893-S Morgan dollars actually exist in all conditions?[/QUOTE]</p><p><br /></p>
[QUOTE="Argenteus Fossil, post: 1981086, member: 71478"]NGC & PCGS, to name a couple, have population reports on their site for different grades. My question is this: how accurate are those? This example is classic and I know talked about often; I wanted to start this thread to see more feedback and thoughts. If you have a coin that is let's say PCGS MS-64, but the price difference is huge from 64 to 65, so you crack it out and resubmit. At first PCGS shows 100 in MS-64 and 25 in MS-65 (all for example) It comes back MS-64 again. You repeat this two more times before deciding to give up. Now will it show 104 in MS-64 and still 25 in MS-65? Does this dilute the price of MS-64 by giving the impression a lot more exist than actually do? Does PCGS ever "correct" these numbers or is it rolling? So if somebody cracks a coin out for their set then later slab it again some years later, will it account for 2 of the coins shown in the population report? Lastly, and perhaps a bit different than my previous questions: is there a way to guesstimate a particular coins 'real' population? For example, how many 1893-S Morgan dollars actually exist in all conditions?[/QUOTE]
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