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<p>[QUOTE=&quot;ddddd, post: 25411506, member: 22377&quot;]Do you believe that most slabbed MS60 coins are undergraded?</p><p><span style="color: #4d4dff">No; I think most are correct. MS 60 coins are technically uncirculated but with a lot of marks/hits (think Morgan that was always in bag but got really beat up from being constantly hit by the other coins).</span></p><p>&nbsp;</p><p>If you don&#039;t agree with the grade on a holder, even if it&#039;s PCGS or NGC with a CAC sticker, do you believe that the grade on the holder is worthless?</p><p><span style="color: #4d4dff">The grade is rarely worthless. Even if you don&#039;t agree with the grade, most might think the grade is correct. And in the cases where most agree with you that the grade is off, the coin will still sell (potentially at a slight discount if over graded and likely at a decent premium if under graded).</span></p><p><br /></p><p>If you&#039;re buying graded Morgans, do you like to search for semi-prooflike coins? I know that a lot of them can be undervalued, especially at coin shops.</p><p><span style="color: #4d4dff">Semi-prooflike coins can certainly be appealing, especially if the seller is not asking for a premium. In many cases that I have seen, the dealer will ask a premium or if it is an auction, bidders will bid it up above guide.</span></p><p><br /></p><p>What do you think of each grading company, including ICG, CAC, NTC, and SEGS?</p><p><span style="color: #4d4dff">The rankings have usually been PCGS, NGC, Anacs, then ICG. Some will flip Anacs and ICG between 3rd and 4th. With CAC entering the grading market, they are generally considered to be at least second behind PCGS (and some even have them first). SEGS can be ok but they are further down the rankings because they are less consistent. NTC is much lower in the rankings; most coins in those slabs are overgraded or have problems. Regardless of rankings, you can find correctly graded coins in all slabs. </span></p><p><span style="color: #4d4dff"><br /></span></p><p>Would you buy an undergraded coin and take it out of the holder it&#039;s in to sell it at its proper grade?</p><p><span style="color: #4d4dff">If the undergraded coin isn&#039;t already priced at the higher grade level, then I would pick it up. Taking it out of the holder to regrade would depend on what the upside is. It costs $20-$30 to slab a coin on average (cost per coin goes down when you send more in at the same time based on the fixed fees). If the higher grade does not net you at least $30, there is no point. In my opinion, you need at least a $100 upside to make it worth the effort to regrade. Also, a gold CAC sticker is often worth more than the next grade (plenty of demand for them and people pay up for the stickered coins). So cracking and resubmitting is not always the best option.</span></p><p><br /></p><p>And finally, have you seen a coin with a gold CAC sticker that you didn&#039;t agree with?</p><p><span style="color: #4d4dff">I have seen a few gold CAC coins that did not seem special. Technically they might have been undergraded but they did not look 1.5 points too low nor did they have great eye appeal. </span>[/QUOTE]</p><p><br /></p>

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