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Reported population of graded coins is inaccurately high.
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<p>[QUOTE="AWORDCREATED, post: 1929475, member: 52245"]This has to be. The only question is how much? 10% more?</p><p><br /></p><p>Every time someone cracks a coin out and resubmits it, the supposed/reported population increased by 1, but the actual population is stagnant. Probably almost no one goes back to the TPG to report that the previous slab is now empty, except for case of requesting a regrade for error. </p><p><br /></p><p>This could also be a great trick for an insurance scam. Get the same coin graded 10 times (for a hundred coins) then report a big robbery. </p><p><br /></p><p>Further nearly every stolen coin is probably cracked out, so even though it remains in the list it is no longer a graded coin. It may get resubmitted some day, but that will increase the reported population.</p><p><br /></p><p>Are there other reasons?</p><p><br /></p><p>Is there any scenario that could make it low?</p><p><br /></p><p>What do you estimate the crack/resub rate is?[/QUOTE]</p><p><br /></p>
[QUOTE="AWORDCREATED, post: 1929475, member: 52245"]This has to be. The only question is how much? 10% more? Every time someone cracks a coin out and resubmits it, the supposed/reported population increased by 1, but the actual population is stagnant. Probably almost no one goes back to the TPG to report that the previous slab is now empty, except for case of requesting a regrade for error. This could also be a great trick for an insurance scam. Get the same coin graded 10 times (for a hundred coins) then report a big robbery. Further nearly every stolen coin is probably cracked out, so even though it remains in the list it is no longer a graded coin. It may get resubmitted some day, but that will increase the reported population. Are there other reasons? Is there any scenario that could make it low? What do you estimate the crack/resub rate is?[/QUOTE]
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Reported population of graded coins is inaccurately high.
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