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<p>[QUOTE="Lehigh96, post: 472491, member: 15309"]These questions can illustrate my point quite clearly.</p><p><br /></p><p>Yes the coin in question is really MS64</p><p>It might slab 64 or it might slab 63</p><p>No it is not slabbed, it is raw.</p><p>Yes, $400 is a fair price if the coin slabs at 64.</p><p><br /></p><p>The problem is that potential buyers will only offer MS63 money until the coin actually resides in an MS64 holder because they do not want to be the one that loses money. </p><p><br /></p><p>Or we could look at it this way. How many times do collectors say a slabbed coin is overgraded. Now compare that with how many raw coins are overgraded. I trust the opinion of the professional coin graders at PCGS and NGC much more than some dealer trying to move his inventory while making maximum profit. The coin dealer can't overgrade the slabbed coins, it is on the plastic, but nothing stops them from overgrading their raw material.</p><p><br /></p><p>I could easily send that 1916-D Barber Quarter to NGC and make a tidy profit whether it graded MS63 or MS64, but I bought it for my album collection of Barber Quarters and that is where it will stay.</p><p><br /></p><p>Anyway, there is no denying that slabbed coins drive higher prices and they deserve it IMO.[/QUOTE]</p><p><br /></p>
[QUOTE="Lehigh96, post: 472491, member: 15309"]These questions can illustrate my point quite clearly. Yes the coin in question is really MS64 It might slab 64 or it might slab 63 No it is not slabbed, it is raw. Yes, $400 is a fair price if the coin slabs at 64. The problem is that potential buyers will only offer MS63 money until the coin actually resides in an MS64 holder because they do not want to be the one that loses money. Or we could look at it this way. How many times do collectors say a slabbed coin is overgraded. Now compare that with how many raw coins are overgraded. I trust the opinion of the professional coin graders at PCGS and NGC much more than some dealer trying to move his inventory while making maximum profit. The coin dealer can't overgrade the slabbed coins, it is on the plastic, but nothing stops them from overgrading their raw material. I could easily send that 1916-D Barber Quarter to NGC and make a tidy profit whether it graded MS63 or MS64, but I bought it for my album collection of Barber Quarters and that is where it will stay. Anyway, there is no denying that slabbed coins drive higher prices and they deserve it IMO.[/QUOTE]
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