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<p>[QUOTE=&quot;Vess1, post: 24624504, member: 13650&quot;]Well, just read this whole thread and did notice it goes back a while.&nbsp; Interesting discussion.&nbsp;&nbsp; I think what&#039;s missing is that there&#039;s a broad range of populations and situations to be making blanket statements.&nbsp; &nbsp; I&#039;d say the pop reports will be less skewed over time if only due to the increasing costs of submitting.&nbsp; &nbsp; Like was discussed there will always be some that have that steep jump from one grade to the next where people will play the game, but many coins through many grades don&#039;t really have that.&nbsp; &nbsp; And moderns now will have very little attrition from original mintages.&nbsp; &nbsp; </p><p>&nbsp;&nbsp; &nbsp; If a coin you have might be worth say 300, even 1000 in the next higher grade, is it worth taking the time to crack it, pay the 50 to 60 bucks, risk shipping it, wait 3 months with fingers crossed and see what happens?&nbsp;&nbsp; Nah.&nbsp;&nbsp; I know it happens out there and some dealers do it for a living.&nbsp; Some have already been inflated to the point there&#039;s no way somebody would re-submit them.&nbsp; I just don&#039;t think the numbers are as high as people think as far as skewing the numbers to the point of pop reports being &quot;completely worthless.&quot;</p><p><br /></p><p>&nbsp; For lower mintage coins, they&#039;re probably fairly valuable.&nbsp; It&#039;s the closest thing we have.&nbsp; That IS the ballpark figure somebody was wanting.&nbsp; &nbsp; Can we assume if there&#039;s a Morgan worth 5 to 6+ figures in an actual MS66-67 grade it&#039;s not going to be residing in a 2x2 or plastic flip?</p><p><br /></p><p>&nbsp; Another forum member here just posted a MS-64+ capped bust half and I noted that they have only graded 37 higher.&nbsp;&nbsp; Maybe some of those are re-submits?&nbsp;&nbsp; Whether there&#039;s only 15 or actually 37 higher graded individual coins, it doesn&#039;t make a whole lot of difference.&nbsp; We have figures.&nbsp;&nbsp; This tells me your chances of running into one at a coin show or online anywhere for sale in any of those grades may never happen.&nbsp; We know there are not hundreds of them.&nbsp;&nbsp; For that coin, the pop report I think is valuable.&nbsp; For some Morgan dollars, it&#039;s probably not that valuable anymore.</p><p><br /></p><p>&nbsp; The government mintage numbers and melted numbers for Morgans are fairly valuable for ballpark estimates.&nbsp;&nbsp; Then you can use the pop reports to compare for another ballpark estimate.&nbsp;&nbsp; In the higher grades there may only be a handful.&nbsp; &nbsp; Yeah one resubmit could throw it off but is it enough to matter if say there are 10 or 20?&nbsp; Maybe&nbsp; it shows there&#039;s 3 MS 67s and it&#039;s the same coin.&nbsp; Well at least we know there IS a MS-67 out there.</p><p><br /></p><p>&nbsp; I think in an imperfect world of data, we&#039;re fortunate to have the data we have, given that it&#039;s impossible to gather up every collector in an online townhall to compare notes.&nbsp;&nbsp; As long as everyone realizes those numbers are imperfect and could be skewed 50% or more for some series but may be very accurate for another series/date.&nbsp;&nbsp; You just have to look at the numbers and original mintage and make a judgement call for yourself how much you think you can trust the pop report.&nbsp; </p><p><br /></p><p>&nbsp; I&#039;ve got a 1875-CC and 1875-S, 20 cent pieces.&nbsp;&nbsp; The census could have re-submits in it.&nbsp; That&#039;s fine.&nbsp; &nbsp; The CC only had 133,000 or so original mintage.&nbsp; NGC census is 1241 total across all grades.&nbsp; PCGS has seen 2324 total.&nbsp; This is a fairly valuable coin.&nbsp; Whether there&#039;s actually been 3500 graded or 2000 graded, how much difference would it make value wise?&nbsp;&nbsp; </p><p><br /></p><p>&nbsp;&nbsp; I&#039;m sure there&#039;s plenty of ungraded ones out there but if there was 20k grade worthy examples (pretty much VG and up)&nbsp; I&#039;m sure 10k of them would have been submitted by now.&nbsp; They have not.&nbsp; So that info is interesting.&nbsp; As well as the fact that the census for the CC is about 1/4th the popluation of the S. </p><p><br /></p><p>&nbsp;I&#039;ll go out on a limb and say there&#039;s not a lot of 1875-CC 20 cent pieces left out there based on the data.&nbsp; &nbsp; A person could guess high and say there&#039;s 10k left in existence of the original 133k mintage, but that&#039;s just a wild guess.&nbsp;&nbsp; All we know is the two main TPGs have had 3500 pass through for grading by June 2023 across all grades.&nbsp;&nbsp; It&#039;s highly doubtful there&#039;d be 10k left in existence, that are known about, given this info.&nbsp; &nbsp; I couldn&#039;t make that guess without the census reports.[/QUOTE]</p><p><br /></p>

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