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TPGs, grading and the logical progression of slabbing
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<p>[QUOTE="Mark Feld, post: 729585, member: 11467"]A resubmission makes sense if the estimated probability of the upgrade, multiplied by the added value of the upgrade is greater than the grading fee and postage. So, if a coin is valued at $100 at its current grade and (only) $200 at the next grade up, if the grading fee and postage amounts to $35, I'd have to feel fairly confident that it would upgrade, in order to consider trying it. On the other hand, if the spread went from $100 to $1000, instead, I wouldn't need to feel nearly as confident about the chances for an upgrade, in order to try it.</p><p> </p><p>That said, I see many submitters get big eyes for a resubmission offering large score potential. But at the same time, they seem blind to the reality that based on its actual merits, the coin stands no realistic chance of an up-grade. The reality is that it doesn't matter how huge the upside is if it's not going to be realized. And all the while, the grading/re-submission fees are wasted.[/QUOTE]</p><p><br /></p>
[QUOTE="Mark Feld, post: 729585, member: 11467"]A resubmission makes sense if the estimated probability of the upgrade, multiplied by the added value of the upgrade is greater than the grading fee and postage. So, if a coin is valued at $100 at its current grade and (only) $200 at the next grade up, if the grading fee and postage amounts to $35, I'd have to feel fairly confident that it would upgrade, in order to consider trying it. On the other hand, if the spread went from $100 to $1000, instead, I wouldn't need to feel nearly as confident about the chances for an upgrade, in order to try it. That said, I see many submitters get big eyes for a resubmission offering large score potential. But at the same time, they seem blind to the reality that based on its actual merits, the coin stands no realistic chance of an up-grade. The reality is that it doesn't matter how huge the upside is if it's not going to be realized. And all the while, the grading/re-submission fees are wasted.[/QUOTE]
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