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<p>[QUOTE="Insider, post: 2771994, member: 24314"]<b>This is the question:</b> The same coin brings two different prices depending on the holder it is in, and the coin consistently got the lower grade. At what point is the coin's value solely dictated by the holder it is in instead of the coin itself? Is there such a point?</p><p><br /></p><p><b>One member's answer: </b>I'll call that point - <b><i><span style="color: #b30000">the point of no return.</span></i></b> Unfortunately, the collecting community reached it long ago.</p><p><br /></p><p>Whether raw or slabbed, any coin will always be "worth" the price that the last owner thought it was worth and paid. What anyone else thinks about that value or grade is irrelevant. Therefore, a grade on a label is only a very good opinion of its value. Anyone can agree or disagree with that opinion, but what they think may or may not be correct to both the new owner and a majority of people who are <span style="color: #5900b3">qualified</span> to grade any coin whether they are professionals or not.</p><p><br /></p><p>Additionally, that value may go up or down in the future as the grade has done. However, if we had an <i>IDEAL GRADING SYSTEM</i> its actual "technical" grade would <span style="color: #ff0000">never change</span>, only its value.</p><p><br /></p><p>There are many reasons a coin is upgraded by a TPGS. I suspect in many of the cases it is done to reflect the changing "commercial" value of the item over time. This can easily be seen with extremely rare and desirable coins. </p><p><br /></p><p>The fact a major TPGS graded the same coin forty times and even sent a letter giving the reason (if all true), is either pathetic or a reflection of changing values. Some who don't like TPGS's may even suggest other reasons.</p><p><br /></p><p><b>ADDED EDIT</b>: Baseball replied as I was writing. He <img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie26" alt=":bookworm:" unselectable="on" unselectable="on" /><img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie33" alt=":cigar:" unselectable="on" unselectable="on" /> answered the question much better and with a better understanding of the commercial coin market. He gave reasons I <img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie30" alt=":bucktooth:" unselectable="on" unselectable="on" /> never even thought of. <img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie2" alt=";)" unselectable="on" unselectable="on" /> Thanks![/QUOTE]</p><p><br /></p>
[QUOTE="Insider, post: 2771994, member: 24314"][B]This is the question:[/B] The same coin brings two different prices depending on the holder it is in, and the coin consistently got the lower grade. At what point is the coin's value solely dictated by the holder it is in instead of the coin itself? Is there such a point? [B]One member's answer: [/B]I'll call that point - [B][I][COLOR=#b30000]the point of no return.[/COLOR][/I][/B] Unfortunately, the collecting community reached it long ago. Whether raw or slabbed, any coin will always be "worth" the price that the last owner thought it was worth and paid. What anyone else thinks about that value or grade is irrelevant. Therefore, a grade on a label is only a very good opinion of its value. Anyone can agree or disagree with that opinion, but what they think may or may not be correct to both the new owner and a majority of people who are [COLOR=#5900b3]qualified[/COLOR] to grade any coin whether they are professionals or not. Additionally, that value may go up or down in the future as the grade has done. However, if we had an [I]IDEAL GRADING SYSTEM[/I] its actual "technical" grade would [COLOR=#ff0000]never change[/COLOR], only its value. There are many reasons a coin is upgraded by a TPGS. I suspect in many of the cases it is done to reflect the changing "commercial" value of the item over time. This can easily be seen with extremely rare and desirable coins. The fact a major TPGS graded the same coin forty times and even sent a letter giving the reason (if all true), is either pathetic or a reflection of changing values. Some who don't like TPGS's may even suggest other reasons. [B]ADDED EDIT[/B]: Baseball replied as I was writing. He :bookworm::cigar: answered the question much better and with a better understanding of the commercial coin market. He gave reasons I :bucktooth: never even thought of. ;) Thanks![/QUOTE]
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