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<p>[QUOTE="GDJMSP, post: 2087725, member: 112"]Well that's kind of the problem in a nutshell. The TPGs, and much of the marketplace, use value to determine the grade of a coin. When it should be obvious, even intuitive, that it should be the other way around. That the grade of a coin should help determine the value, but yet not solely establish that value. A big part of value are the esoteric aspects of a coin, and that can only be determined by the individual considering buying the coin. This of course is even proven by one simply observing the realized prices for a coin in any given grade. Identical coins of the exact same grade routinely sell for double, triple, even 10 times as much as another of the exact same grade.</p><p><br /></p><p>Given that, how can it possibly be said that value determines grade ? But yet that is what most claim.[/QUOTE]</p><p><br /></p>
[QUOTE="GDJMSP, post: 2087725, member: 112"]Well that's kind of the problem in a nutshell. The TPGs, and much of the marketplace, use value to determine the grade of a coin. When it should be obvious, even intuitive, that it should be the other way around. That the grade of a coin should help determine the value, but yet not solely establish that value. A big part of value are the esoteric aspects of a coin, and that can only be determined by the individual considering buying the coin. This of course is even proven by one simply observing the realized prices for a coin in any given grade. Identical coins of the exact same grade routinely sell for double, triple, even 10 times as much as another of the exact same grade. Given that, how can it possibly be said that value determines grade ? But yet that is what most claim.[/QUOTE]
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