Log in or Sign up
Coin Talk
Home
Forums
>
Coin Forums
>
US Coins Forum
>
Thread ATS about "rampant gradeflation"
>
Reply to Thread
Message:
<p>[QUOTE="GoldFinger1969, post: 2092897, member: 73489"]Great points...I think this is why I can understand the TPGs sometimes doing market grading vs. technical grading.</p><p><br /></p><p><b>Suppose everyone thinks like you and says: </b> "<i>I don't want any contact on high points, including the nose, even if luster and bag marks are worse</i>."</p><p><br /></p><p><b>Let's assume the TPGs say:</b> "<i>Tough luck, we're giving those coins a lower grade than low-bag marks/high-luster coins with some rub marks on the nose and other high points</i>."</p><p><br /></p><p>If that shows up in the marketplace, then you'll have MS-65s with low-rub/low bag and contact marks, but MS-64's with low bag/contact marks and high-rub areas...<i>and the MS-64's could theoretically command a higher price (if enough people thought like you)!!! <img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie100" alt=":wideyed:" unselectable="on" unselectable="on" /></i></p><p><br /></p><p>So....the MS-64 sells for $2,000 and the MS-65 sells for $1,700 in the marketplace because most buyers agree with you and value the MS-64 more than the MS-65. <b><span style="color: #0000ff">This is the quandry that the TPGs would find themselves, in this extreme example:</span></b> the higher-graded coin is LESS valued !!<img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie56" alt=":inpain:" unselectable="on" unselectable="on" /></p><p><br /></p><p>That's not a likely scenario, but it IS what could be happening in this hypothetical, and to a smaller extent, with high-quality AU-58's vs. low-60's MS's.[/QUOTE]</p><p><br /></p>
[QUOTE="GoldFinger1969, post: 2092897, member: 73489"]Great points...I think this is why I can understand the TPGs sometimes doing market grading vs. technical grading. [B]Suppose everyone thinks like you and says: [/B] "[I]I don't want any contact on high points, including the nose, even if luster and bag marks are worse[/I]." [B]Let's assume the TPGs say:[/B] "[I]Tough luck, we're giving those coins a lower grade than low-bag marks/high-luster coins with some rub marks on the nose and other high points[/I]." If that shows up in the marketplace, then you'll have MS-65s with low-rub/low bag and contact marks, but MS-64's with low bag/contact marks and high-rub areas...[I]and the MS-64's could theoretically command a higher price (if enough people thought like you)!!! :wideyed:[/I] So....the MS-64 sells for $2,000 and the MS-65 sells for $1,700 in the marketplace because most buyers agree with you and value the MS-64 more than the MS-65. [B][COLOR=#0000ff]This is the quandry that the TPGs would find themselves, in this extreme example:[/COLOR][/B] the higher-graded coin is LESS valued !!:inpain: That's not a likely scenario, but it IS what could be happening in this hypothetical, and to a smaller extent, with high-quality AU-58's vs. low-60's MS's.[/QUOTE]
Your name or email address:
Do you already have an account?
No, create an account now.
Yes, my password is:
Forgot your password?
Stay logged in
Coin Talk
Home
Forums
>
Coin Forums
>
US Coins Forum
>
Thread ATS about "rampant gradeflation"
>
Home
Home
Quick Links
Search Forums
Recent Activity
Recent Posts
Forums
Forums
Quick Links
Search Forums
Recent Posts
Competitions
Competitions
Quick Links
Competition Index
Rules, Terms & Conditions
Gallery
Gallery
Quick Links
Search Media
New Media
Showcase
Showcase
Quick Links
Search Items
Most Active Members
New Items
Directory
Directory
Quick Links
Directory Home
New Listings
Members
Members
Quick Links
Notable Members
Current Visitors
Recent Activity
New Profile Posts
Sponsors
Menu
Search
Search titles only
Posted by Member:
Separate names with a comma.
Newer Than:
Search this thread only
Search this forum only
Display results as threads
Useful Searches
Recent Posts
More...