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<p>[QUOTE=&quot;GDJMSP, post: 1847599, member: 112&quot;]Yeah the gold coin may be worth hundreds of dollars. But if you took a hammer and beat into a ball shape - it would still be worth the same number of dollars. That&#039;s because the coin has no numismatic value, it only has metal content value. That&#039;s why it&#039;s not worth spending another $40 or more to have it graded. That $40 just increases your cost basis and adds nothing to the value of the coin.</p><p><br /></p><p>Grading never adds any value to a coin. All it does is make them easier to sell.</p><p><br /></p><p><br /></p><p><br /></p><p>Yes, as stated by others many of the coins you are talking about come to be from dealers making bulk submissions. But countless others come from dealers and private individuals sending in coins to be graded because they think the coin will get a 70 grade. But they are greatly disappointed when it is returned with a 69 or lower. At that point there&#039;s nothing they can do except to sell the coin at a loss and get whatever they can out of it. Even it&#039;s only a dollar or two.[/QUOTE]</p><p><br /></p>

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