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Message:: [QUOTE="Bad Axe, post: 4755463, member: 111636"]The worst case of gradeflation I can remember is when an 1804 silver dollar began its graded life as a VG and after some time passed it became an AU. The reason; 'well this is a special item and cannot be graded according to normally accepted grading standards". The Wass Molitor you are using has 2 things going for it that puts in it this rarified air:1. It has been salvaged from an historically important source: the SS Central America.2. it's not a normally US minted gold coin it's a privately minted gold coin of which there are very few in existence, is a niche collectable, and the collector universe is tiny. Coins such as these get preferential grading. Also it would be interesting to know who offered the piece as certain dealers/brokers/auction houses supposedly get "better treatment" when getting their coins graded. The main issue is that you're trying to compare a $35,000-40,000 coin that is collected (invested) by a very few well heeled individuals to a common $1,000 coin that is collected by the "little people". btw...to put this in an ancient perspective the au53 grade indicates that this coin (the Wass Molitor) is just a touch below FDC.[/QUOTE]