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This coin just sold for 20 Grand
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<p>[QUOTE="oval_man, post: 2723399, member: 22602"]I'm going to play devil's advocate with this earlier quote of yours (because this topic has bothered me for a while):</p><p><br /></p><p>Technically, the Bean and + can't be equivalent because of what they represent: The bean represents, according to CAC, the top 2/3rds of any given grade (the A and B thirds, not C). It represents only that a coin satisfies the grade: is solid or better, and not weak. On the other hand, the + represents a coin that is <i>strong</i> for the grade, according to the TPGs who use it. Therefore the + is more exclusive than the bean.</p><p><br /></p><p>And this should bear itself out in the market, except that many people erroneously believe the bean represents a premium coin.</p><p><br /></p><p>I understand your point that CAC doesn't have to care whether a coin has a + if their mission is simply to confirm a proper grade. But it seems to me they're missing an opportunity to create an even more exclusive grade: a + with a bean.</p><p><br /></p><p>On the other hand, the market seems to have done this for them: people routinely assign a higher value to a + with a bean, as the OP coin seems to show. Could this be why CAC has never published anything specific about grading plusses?[/QUOTE]</p><p><br /></p>
[QUOTE="oval_man, post: 2723399, member: 22602"]I'm going to play devil's advocate with this earlier quote of yours (because this topic has bothered me for a while): Technically, the Bean and + can't be equivalent because of what they represent: The bean represents, according to CAC, the top 2/3rds of any given grade (the A and B thirds, not C). It represents only that a coin satisfies the grade: is solid or better, and not weak. On the other hand, the + represents a coin that is [I]strong[/I] for the grade, according to the TPGs who use it. Therefore the + is more exclusive than the bean. And this should bear itself out in the market, except that many people erroneously believe the bean represents a premium coin. I understand your point that CAC doesn't have to care whether a coin has a + if their mission is simply to confirm a proper grade. But it seems to me they're missing an opportunity to create an even more exclusive grade: a + with a bean. On the other hand, the market seems to have done this for them: people routinely assign a higher value to a + with a bean, as the OP coin seems to show. Could this be why CAC has never published anything specific about grading plusses?[/QUOTE]
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