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<p>[QUOTE=&quot;GoldFinger1969, post: 2935163, member: 73489&quot;]<b><span style="color: #0000ff">This goes to a message board post I believe I copied here some while ago (maybe a year or so ago; not sure exactly when).&nbsp; </span></b></p><p><br /></p><p><b><span style="color: #ff0000">But the article dealt with inflated grading and focused on Franklins and the FBL designation.</span></b>&nbsp; A veteran coin collector noted that the very coins he had sold and had submitted for re-grade (with no success) had suddenly changed hands and been re-graded with moves up to 2 full grades.&nbsp; <b><span style="color: #ff0000">Franklins he had that were worth maybe $500 or so were now worth $15,000 </span></b>as the coin grade went from very common to super-rare.&nbsp; Partial Bell lines or whatever he had were now getting FBL designation.&nbsp; This was a serious collector of the Franklin series not some amateur who just put some serious $$$ into a particular coin series and found himself having overpaid or sold too cheap some undergraded coins.</p><p><br /></p><p><u>His point was that something fishy was going on, and he wasn&#039;t so much upset about missing out on $$$ (though that was part of it) but that there was no way that a fairly commonly collected recent coin could be off by 2 grades and AFTER he had submitted and not gotten even 1/2 grade improvement.</u></p><p><br /></p><p>I&#039;ll try and find the post, and I am not an expert on either Franklins or grading, but I understood the ramifications of going up 2 grades with FBL designation and having a coin increase in value by 30-fold or more.</p><p><br /></p><p>This is no doubt what we are now seeing with your PCGS price collapse.&nbsp; The market for super-rare coins exploded....some or most of those coins were NOT worthy of the grades....before they collapsed in price, they dragged up the semi-rare and common coins with them....and when the expanded super-rare coins got knocked down in price, they dragged everything else down with them.</p><p><br /></p><p><b><i>We saw this with Saints and Morgans in the 1989-90 Coin Bubble, too.</i></b>[/QUOTE]</p><p><br /></p>

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