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<p>[QUOTE=&quot;vavet, post: 401291, member: 11630&quot;]What the market is willing to accept is quite different from what the market demands. I&#039;ve yet to meet a collector who goes into a coin shop looking for a VF, and since they are not readily available, asks the dealer to regrade a F up to a VF, and of course price it accordingly, so they can have a VF in their set. I haven&#039;t heard any collector ask that the FBL requirements be lowered so they can claim to have one in their set.</p><p>&nbsp;</p><p>On the other hand, every FINE 24S Buffalo that I have seen in the last 10 years has been graded VF. Just because collectors, many of whom don&#039;t know any better because thats all that is available, are willing to accept them as VF, doesn&#039;t translate into collector demand. More accurately it&#039;s collector acceptance. Totally different IMO. </p><p>&nbsp;</p><p>The very first lesson in Economics 101 is that price in a free market is determined by supply and demand. When demand exceeds supply, either the supply or the price increases until equalibrium is reached. Getting sloppy with the grades is not increasing supply, it&#039;s market manipulation because the &quot;new supply&quot; is not the same as the original supply. </p><p>&nbsp;</p><p>And I understand market grading as well as anyone else on this board. What it all boils down to is &quot;what the market will accept&quot;. Not demand I might add. </p><p>&nbsp;</p><p>Show me something, anything, that doesn&#039;t come from the good ole boys club where collectors are asking for grading to be relaxed in order to get the grade of their choice.[/QUOTE]</p><p><br /></p>

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