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TPGs, grading and the logical progression of slabbing
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<p>[QUOTE="Leadfoot, post: 730005, member: 2972"]I agree. Thanks for the correction. <img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie1" alt=":)" unselectable="on" unselectable="on" /></p><p><br /></p><p><br /></p><p><br /></p><p><br /></p><p>I will submit that for most coins over $1000, the delta between grades averages more than 2x, so while part of me agrees with your logic, the other part of me says that it would be very wise to understand the price of the next grade up and next grade down as to limit your liability.</p><p><br /></p><p>Said another way, for every AU indian quarter eagle where the spread is 1.3x (and frankly that's really the bullion value creating an artificial floor) there's a MS 65 proof seated half dollar where the spread is 3x, and it would be in everyone's best interest to understand the upside AND downside of the grade opinion (and resulting price opinion) when considering a slabbed coin for purchase.</p><p><br /></p><p>I suspect you'll agree, but happy to discuss further regardless....Mike[/QUOTE]</p><p><br /></p>
[QUOTE="Leadfoot, post: 730005, member: 2972"]I agree. Thanks for the correction. :) I will submit that for most coins over $1000, the delta between grades averages more than 2x, so while part of me agrees with your logic, the other part of me says that it would be very wise to understand the price of the next grade up and next grade down as to limit your liability. Said another way, for every AU indian quarter eagle where the spread is 1.3x (and frankly that's really the bullion value creating an artificial floor) there's a MS 65 proof seated half dollar where the spread is 3x, and it would be in everyone's best interest to understand the upside AND downside of the grade opinion (and resulting price opinion) when considering a slabbed coin for purchase. I suspect you'll agree, but happy to discuss further regardless....Mike[/QUOTE]
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