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<p>[QUOTE=&quot;johnmilton, post: 25415962, member: 101855&quot;]Many coins in MS-60 to 62 holders are over graded. They are often AUs that got a bump. With grade-flation, it&#039;s only gotten worse. </p><p><br /></p><p><br /></p><p><br /></p><p>If the coin has a CAC sticker, someone will buy it and probably pay a premium. CAC has that much of a hold on some people. Over graded coins in the holder can sell for discounts under the listed price, but usually for more than the next grade down, unless there is no price spread between the grades. In other words, someone will always believe the grade on an NGC or PCGS graded coin. As you go down the pecking order of slabbers, the number of people who take the grade at face value also goes down.&nbsp; </p><p><br /></p><p><br /></p><p><br /></p><p>I don&#039;t collect P-L Morgans, or actually Morgan Dollars at except for some historical pieces. The trouble with Proof and P-L coins is that every mark on them is magnified in appearance. Dealers might try to get more money for semi-P-L, but unless it&#039;s a better date that often comes ugly, like the 1895-O, most collectors don&#039;t care. </p><p><br /></p><p><br /></p><p><br /></p><p>Unless it&#039;s a cheap coin, if you go to the trouble to break out of the holder, the only smart thing to do is to send it in for a re-grade. A coin that looks undergraded in the holder is usually easier to sell, sometimes for a little premium. You only crack out coins for an upgrade, unless you want them for an album. </p><p><br /></p><p><br /></p><p><br /></p><p>Yes. It&#039;s sitting in my collection. </p><p><br /></p><p>This Bechtler dollar is in a PCGS EF-40 holder with a gold CAC sticker. PCGS got it right, and CAC got it wrong with the gold sticker. The coin has been lightly brushed and does not deserve a grade beyond EF-40. </p><p><br /></p><p>I bought this no long after CAC went national and got caught up in the hype. </p><p><br /></p><p>&nbsp;[ATTACH=full]1627945[/ATTACH] [ATTACH=full]1627946[/ATTACH][/QUOTE]</p><p><br /></p>

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