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The "Peter Principle" for Slabbing Coins
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<p>[QUOTE="mikenoodle, post: 400233, member: 307"]Hi everyone, it's been a while since I have had much time to chat and start a few threads, but I am here, and busy. I still read the posts every day, I just don't have the time to start much up, but I digress...</p><p><br /></p><p>It appears to me that as everyone keeps trying to upgrade coins into higher and higher graded slabs won't the end-game of all of this be that all slabbed coins will be overgraded? </p><p><br /></p><p>There is a point where people will finally stop cracking coins out and re-submitting them hoping to get a better grade, and that point is where they finally all agree that the coin will not EVER get a higher grade if resubmitted. The point where they feel that they have achieved maximum grade for that particular coin.</p><p><br /></p><p>Each slabbed coin will kind of rise to it's own level of being a point overgraded (instead of incompetancy).</p><p><br /></p><p>Just ramblings of an increasingly crotchety old man... what do YOU think?[/QUOTE]</p><p><br /></p>
[QUOTE="mikenoodle, post: 400233, member: 307"]Hi everyone, it's been a while since I have had much time to chat and start a few threads, but I am here, and busy. I still read the posts every day, I just don't have the time to start much up, but I digress... It appears to me that as everyone keeps trying to upgrade coins into higher and higher graded slabs won't the end-game of all of this be that all slabbed coins will be overgraded? There is a point where people will finally stop cracking coins out and re-submitting them hoping to get a better grade, and that point is where they finally all agree that the coin will not EVER get a higher grade if resubmitted. The point where they feel that they have achieved maximum grade for that particular coin. Each slabbed coin will kind of rise to it's own level of being a point overgraded (instead of incompetancy). Just ramblings of an increasingly crotchety old man... what do YOU think?[/QUOTE]
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