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<p>[QUOTE=&quot;Tom B, post: 1575267, member: 11854&quot;]My post was written based upon decades of experience as both a collector and dealer. I cannot tell you how many times a collector has told me, or written on the boards, that a coin will &quot;never be sold&quot;, &quot;will be with me until I die&quot;, &quot;is in my collection for the long term&quot;, etc...only to have the coin for sale a few months or a year or two later. In many of these instances the coin in question was certified by the collector, too. People sell coins all the time because the focus of their collecting changes, &quot;real life&quot; pops up, the desire to collect wanes, opportunities that require funds quickly arise, or one of many other reasons. Therefore, when folks ask about certification I try to look ahead at the possibilities and expect that the coin may, indeed, become available in the market in the future. Given that point of view, it is best to be prepared.</p><p><br /></p><p>You are correct that ANACS will recognize more die marriages or varieties than the other TPGs, but this isn&#039;t all that valuable in most instances. I write this because the most desired varieties are typically recognized by many TPGs and because those minor varieties or less valuable die marriages that are not recognized by other TPGs generally have a very thin market of collectors interested in obtaining the pieces and this keeps the prices down for those coins. Also, folks interested in the less obvious varieties or die marriages typically are well versed in these issues and do not rely on the insert of the TPG slab to identify the coin for them.</p><p><br /></p><p>The &quot;self-fulfilling prophecy&quot; may indicate that you have not been in the market for all that long. At one time ANACS was <i>very well respected, </i> but a major ownership change and changes in grading standards hurt the reputation and liquidity of the brand. This happened in the late 1980s and early 1990s and allowed the door to be blown open by PCGS and NGC. During that era NGC might have been looked at as the number one grading company, but by the mid-1990s their lead over PCGS was definitely gone. Again, decisions on how to grade had something to do with the change in perception of the most strict grading company and in this case PCGS was the winner. These changes did not take place because folks were repeating a branding mantra, but took place within the market because experienced dealers and collectors could see how the various TPGs graded coins in real-time.</p><p><br /></p><p>You are right and wrong about a slab adding zero value to a coin. To the coin itself as an independent entity, you are correct that its clothing does not change the coin. However, the information on the slab and the brand of the slab change the market value and liquidity that are intimiately attached to the coin, which then changes the value of the package. An opinion on a grade is <i>accurate </i> as a single data point from a proprietary grading system, though the grade does not have to be absolutely <i>repeatable. </i> The accuracy and precision of grading companies has long played an important role in the reputation and market penetrance of the grading companies in question.</p><p><br /></p><p>I see nothing wrong with collectors who plan for the future and this planning can certainly include the possibility of selling a coin or a portion of a collection for any one of many reasons. One can label folks as &quot;collector&quot; or &quot;investor&quot; or whatever, but it does not change the idea of planning for future possibilities. Therefore, I do not see the wisdom in forfeiting possible greater liquidity or perhaps even value in exchange for a few dollars in grading fees.[/QUOTE]</p><p><br /></p>

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