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Message:: [QUOTE="900fine, post: 729535, member: 6036"]I feel it's more accurate to say the vast majority of slabbed coins will be over-graded or correctly graded... only a small portion will be undergraded. And that's where we're at right now. One of the things working against the OP theory is that submitting is expensive. Most coins don't warrant being slabbed at all, and a great many more don't warrant multiple slabbing attempts. For the vast majority of coins, it just doesn't make sense to resubmit more than once, if at all. The cost of each attempt viz the added sales price of the next grade up viz the odds of upgrade on each attempt simply don't add up for most coins; no one is continually submitting them to eventually get an upgrade. And if they are, they're taking a bath. Example - consider 1925-D $2.5 Indian sliders. It's a real crap shoot as to whether a given coin comes back AU58 (about $230) or MS61 (about $300). That's only a $70 difference vs $30 grading fees plus shipping fees plus time (important for flippers). Is it really worth gambling ? IMO - no... the odds just don't add up, unless you are very convinced it's undergraded (which is atypical). What's more, when one does get an upgrade, it's often "low end for the <new> grade". Many buyers recognize it as such, so such coins tend to trade on the low end of their grade scale, thus mitigating any upgrade gains. Now, I know there are some coins where continual resubmission might be worth it, and I know there are folks who do that. But those coins are the small minority. The OP said "a majority if not all of the coins will end up being over-graded" due to resubmission, and for the vast majority of issues / grade ranges, that's not so. It's economically infeasible to resubmit ad infinitum.[/QUOTE]

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