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<p>[QUOTE="GDJMSP, post: 13378, member: 112"]I understand your point completely - but let me make an additional comment or two. While the coins being slabbed by PCGS may or may not increase the value of the set - it will definitely increase it's saleability.</p><p><br /></p><p>For example - if someone were to offer you such a set - and you could afford it - what would be the first thing you'd do ? Now your answer may be different than mine - but I'd get the coins authenticated. I would insist the seller submit the coins to NGC so fast it would make his head swim.</p><p><br /></p><p>There is something else to consider - no matter how much we don't like it - but a coin graded and slabbed by NGC or PCGS will always bring more money in the marketplace than the same coin will raw. That's just the way it is. </p><p><br /></p><p>The reason for this is simple actually - people don't like to gamble with the money they spend on coins. This is what I mean by that - say you go into a coin shop looking to buy a rather expensive coin. The dealer says the coin grades MS65 - you disagree thinking it is MS64. Will you pay MS65 money for the coin anyway ? Most will not. For if they pay MS65 money and at a later date they wish to sell the coin - or they decide to send it in for grading and it comes back MS64 - then they have lost. </p><p><br /></p><p>But if that very same coin is in a NGC or PCGS slab and graded MS65 - few will argue. They will just pay the price and be done with it. For they know if in the future they decide to sell the coin they will at least get what the current value is for the coin graded as MS65.</p><p><br /></p><p>The exception to this would be the buyer who can grade coins as well as the professional graders. Many think they can do this - but in actuallity very few can. And perhaps more importantly, even fewer trust the grading ability of individuals as much as they do that of the professional graders. That's why a coin slabbed and graded by NGC or PCGS is worth more in the marketplace.[/QUOTE]</p><p><br /></p>
[QUOTE="GDJMSP, post: 13378, member: 112"]I understand your point completely - but let me make an additional comment or two. While the coins being slabbed by PCGS may or may not increase the value of the set - it will definitely increase it's saleability. For example - if someone were to offer you such a set - and you could afford it - what would be the first thing you'd do ? Now your answer may be different than mine - but I'd get the coins authenticated. I would insist the seller submit the coins to NGC so fast it would make his head swim. There is something else to consider - no matter how much we don't like it - but a coin graded and slabbed by NGC or PCGS will always bring more money in the marketplace than the same coin will raw. That's just the way it is. The reason for this is simple actually - people don't like to gamble with the money they spend on coins. This is what I mean by that - say you go into a coin shop looking to buy a rather expensive coin. The dealer says the coin grades MS65 - you disagree thinking it is MS64. Will you pay MS65 money for the coin anyway ? Most will not. For if they pay MS65 money and at a later date they wish to sell the coin - or they decide to send it in for grading and it comes back MS64 - then they have lost. But if that very same coin is in a NGC or PCGS slab and graded MS65 - few will argue. They will just pay the price and be done with it. For they know if in the future they decide to sell the coin they will at least get what the current value is for the coin graded as MS65. The exception to this would be the buyer who can grade coins as well as the professional graders. Many think they can do this - but in actuallity very few can. And perhaps more importantly, even fewer trust the grading ability of individuals as much as they do that of the professional graders. That's why a coin slabbed and graded by NGC or PCGS is worth more in the marketplace.[/QUOTE]
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