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<p>[QUOTE=&quot;princeofwaldo, post: 7689481, member: 24091&quot;]Brought my collection of Egyptian gold coins to the PCGS Members Only show here in Las Vegas the other day.&nbsp; Most of the coins are in very old NGC holders, a few in new NGC holders, and only a couple in PCGS holders.&nbsp; I left the PCGS holders at the bank, figuring those would for certain require a separate submission for reconsideration, and frankly the assigned grades are about what they should be.</p><p><br /></p><p>What I was wanting to do, was submit the NGC coins with a minimum grade requirement of one point.&nbsp; I didn&#039;t want any plus grades which are nothing but a revenue generator for the grading services with no appreciable impact on the value of the coins.&nbsp; In the event a coin wouldn&#039;t cross at least single point higher, I wanted the coin back in its original very conservatively graded holder.</p><p><br /></p><p>Anyone familiar with grade inflation can fully understand why.&nbsp; A coin in an older NGC holder with a 6 digit submission serial number in MS63 is going to worth more than the coin would be worth in a current generation PCGS MS63 holder.</p><p><br /></p><p>And so I sat down with a gal at the PCGS table to inquire about resubmitting the coins and was told that I would need to first cross all of the coins in their current holder, then make a second resubmission for grade reconsideration.&nbsp; If I wanted to only make a single submission, I would need to crack-out the coins and submit raw.</p><p><br /></p><p>Needless to say I didn&#039;t bother with a submission.</p><p><br /></p><p>Now I&#039;m thinking of resubmitting them to NGC for reconsideration.&nbsp; Haven&#039;t decided yet on if I would send all of the coins or just a few.&nbsp; At the end of the day, it&#039;s the same coin in the holder no matter what the grade says anyway.</p><p><br /></p><p>I&#039;ve noticed over the past several years that US coins at auction are not nearly as grade dependent as they once were in price realized apps.&nbsp; It still holds true for CAC certified coins, but often times a coin a full point lower will out-perform ALL the coins a grade point higher (without a CAC sticker) if the coin is in an older point-lower holder.</p><p><br /></p><p>It&#039;s certainly not the rule yet on US coins, though there are plenty of examples.&nbsp; With the absence of CAC stickers for world coins, still have to think about the benefit of migrating up the inflated grade scale to realize full value once they are sold.</p><p><br /></p><p>Here&#039;s an example or two.&nbsp; 1929 is a much better date and I would be surprised if it isn&#039;t finest known even if there are examples graded higher.&nbsp; The 1930 is finest at NGC, but qualifies for PL65-CAMEO in my opinion..</p><p><br /></p><p>[ATTACH=full]1320325[/ATTACH] [ATTACH=full]1320326[/ATTACH] [ATTACH=full]1320327[/ATTACH] [ATTACH=full]1320328[/ATTACH][/QUOTE]</p><p><br /></p>

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