Log in or Sign up
Coin Talk
Home
Forums
>
Coin Forums
>
US Coins Forum
>
Slab grade follies – from EF-45 in 1974 to MS-65 today
>
Reply to Thread
Message:
<p>[QUOTE="johnmilton, post: 5928306, member: 101855"][USER=246]@gmarguli[/USER], after I calmed down, I will give you this answer. "Give me a break!" If that's your "professional opinion," then it's wrong. If the assigned grade were MS-62, you would have a market grading leg to stand upon. At the MS-65 grade, you are way off base. </p><p><br /></p><p>Here is the acid test for you. The Grey Sheet says this coin is worth $125,000 in MS-65. The bid is $23,000 in MS-62. If you were buying this coin for inventory, would you pay the extra $100 grand for the difference or any part of it? The answer is no. </p><p><br /></p><p>This is just the modern version of the same old game. Sell in the high grade; buy in the lower grade; "clean up" as a result. This was what was wrong with the coin market before third party grading got involved.[/QUOTE]</p><p><br /></p>
[QUOTE="johnmilton, post: 5928306, member: 101855"][USER=246]@gmarguli[/USER], after I calmed down, I will give you this answer. "Give me a break!" If that's your "professional opinion," then it's wrong. If the assigned grade were MS-62, you would have a market grading leg to stand upon. At the MS-65 grade, you are way off base. Here is the acid test for you. The Grey Sheet says this coin is worth $125,000 in MS-65. The bid is $23,000 in MS-62. If you were buying this coin for inventory, would you pay the extra $100 grand for the difference or any part of it? The answer is no. This is just the modern version of the same old game. Sell in the high grade; buy in the lower grade; "clean up" as a result. This was what was wrong with the coin market before third party grading got involved.[/QUOTE]
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
Coin Talk
Home
Forums
>
Coin Forums
>
US Coins Forum
>
Slab grade follies – from EF-45 in 1974 to MS-65 today
>
Home
Home
Quick Links
Search Forums
Recent Activity
Recent Posts
Forums
Forums
Quick Links
Search Forums
Recent Posts
Competitions
Competitions
Quick Links
Competition Index
Rules, Terms & Conditions
Gallery
Gallery
Quick Links
Search Media
New Media
Showcase
Showcase
Quick Links
Search Items
Most Active Members
New Items
Directory
Directory
Quick Links
Directory Home
New Listings
Members
Members
Quick Links
Notable Members
Current Visitors
Recent Activity
New Profile Posts
Sponsors
Menu
Search
Search titles only
Posted by Member:
Separate names with a comma.
Newer Than:
Search this thread only
Search this forum only
Display results as threads
Useful Searches
Recent Posts
More...