Message:

<p>[QUOTE=&quot;cladking, post: 76555, member: 68&quot;]At the time the 70 point system was devised it just coincidentally worked for</p><p>large cents.&nbsp; It was never intended for other series and it no longer works for</p><p>even large cents.&nbsp; </p><p><br /></p><p>Collectors and grading companies do not so much grade coins as price them.&nbsp; </p><p>Prices are based on the aggregate real demand as expressed in terms of those </p><p>who actually buy that specific grade coin and the total available supply of coins</p><p>actually enterring the market.&nbsp; Unrealized sales have a strong psychological im-</p><p>pact on the parties involved and tend to make thwarted buyers raise their bids</p><p>and frustrated sellers lower their asks.&nbsp; </p><p><br /></p><p>Changing the grades has no direct impact on those who buy coins and are know-</p><p>ledgeable about the market and grading.&nbsp; It will impact buyers and sellers who are </p><p>not as knowledgable until market prices readjust.&nbsp; Grading and pricing has always </p><p>been a moving target.</p><p><br /></p><p>We could nail down grading if we wanted to but most collectors simply want to</p><p>know what their coin is worth, not what condition it&#039;s in.[/QUOTE]</p><p><br /></p>

Your name or email address:

Do you already have an account?

• No, create an account now.
• Yes, my password is:
• Forgot your password?

Stay logged in