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<p>[QUOTE="rick, post: 48927, member: 1235"]It's always been my understanding that, for grading, you are paying for a service that does not effect the overall value of the coin itself. I read somewhere, once, that grading services started for consumer protection against fraud with coins that were being purchased 'sight unseen' - and they never imagined it would be used to the extent that people are using it today. I don't know how much of that was factual, but it sounds right to me - at least it makes sense.</p><p> </p><p>take a 100 dollar coin, you put it in a professionally graded slab, it's still a 100 dollar coin. If the retailer feels he can charge more because of the slab, and sell it, he will do so. If the buyer feels the coin is worth more because of the slab, he will pay more. In the end, it's still a 100 dollar coin - all you've done is attached a professional opinion concerning the grade on the table.[/QUOTE]</p><p><br /></p>
[QUOTE="rick, post: 48927, member: 1235"]It's always been my understanding that, for grading, you are paying for a service that does not effect the overall value of the coin itself. I read somewhere, once, that grading services started for consumer protection against fraud with coins that were being purchased 'sight unseen' - and they never imagined it would be used to the extent that people are using it today. I don't know how much of that was factual, but it sounds right to me - at least it makes sense. take a 100 dollar coin, you put it in a professionally graded slab, it's still a 100 dollar coin. If the retailer feels he can charge more because of the slab, and sell it, he will do so. If the buyer feels the coin is worth more because of the slab, he will pay more. In the end, it's still a 100 dollar coin - all you've done is attached a professional opinion concerning the grade on the table.[/QUOTE]
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