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Shouldn't all proof be graded 70?
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<p>[QUOTE="johnmilton, post: 4944905, member: 101855"]There is also such a thing as market manipulation and stupidity. Some dummies jump the gun and buy the first high grade piece that appears at a high price. They usually get burned, but they are the king of the hill for the registry for a while.</p><p><br /></p><p>PCGS can also play games. I’ve seen them keep the population of PR-70s down and let some lemmings buy some them at high prices. Then, all at once, a new group of 70s get graded, and the price drops.</p><p><br /></p><p>All of this is why I almost never play the PR-70 game. I usually buy 69s to keep my NCG registry set up to date for short money. The PR-69s are the pieces that have “flunked” that the dealers often blow off. These dealers make their money on the 70s.</p><p><br /></p><p>I do have one Jefferson Nickel in PR-70. I bought it for something like $35 just to say I have one. It’s in an NGC holder, which means it’s no big deal. It’s the PCGS 70s that bring the big bucks.</p><p><br /></p><p>Here is my lone PR-70 Ultra Cameo</p><p><br /></p><p>[ATTACH=full]1188710[/ATTACH] [ATTACH=full]1188711[/ATTACH][/QUOTE]</p><p><br /></p>
[QUOTE="johnmilton, post: 4944905, member: 101855"]There is also such a thing as market manipulation and stupidity. Some dummies jump the gun and buy the first high grade piece that appears at a high price. They usually get burned, but they are the king of the hill for the registry for a while. PCGS can also play games. I’ve seen them keep the population of PR-70s down and let some lemmings buy some them at high prices. Then, all at once, a new group of 70s get graded, and the price drops. All of this is why I almost never play the PR-70 game. I usually buy 69s to keep my NCG registry set up to date for short money. The PR-69s are the pieces that have “flunked” that the dealers often blow off. These dealers make their money on the 70s. I do have one Jefferson Nickel in PR-70. I bought it for something like $35 just to say I have one. It’s in an NGC holder, which means it’s no big deal. It’s the PCGS 70s that bring the big bucks. Here is my lone PR-70 Ultra Cameo [ATTACH=full]1188710[/ATTACH] [ATTACH=full]1188711[/ATTACH][/QUOTE]
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Shouldn't all proof be graded 70?
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