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<p>[QUOTE=&quot;Midas, post: 45446, member: 2761&quot;]I bought, what I thought was a MS64 coin from a dealer who determined it was a MS65.&nbsp; So I ended up paying 65 dollars.&nbsp;&nbsp; <img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie9" alt=":eek:" unselectable="on" unselectable="on" />&nbsp;&nbsp; I figured...he knew more than I did and I <b>REALLY</b> wanted and <b>HAD</b> to <b>HAVE</b> that coin.&nbsp; Years go buy and I wanted to sell that very same coin.&nbsp; I took it back to the same dealer who told me it was a MS64.&nbsp; Showed him HIS receipt when he sold it as a MS65 and then accused me of bringing in another coin.&nbsp; [Yeah, yeah...it was kept in ideal conditions and looked exactly like the day I bought it.]</p><p><br /></p><p>Now, this is not the case with <u>all</u> dealers as they are in business to generate cash and make a profit.&nbsp; But it is only natural for us to want to pay MS64 money for a MS65 coin and of course, sell the coin for MS65 money when the buyer will claim it is a MS64.</p><p><br /></p><p>Then there are those New Orlean Morgan strikes where their definition of quality control was no way as good as San Francisco&#039;s.&nbsp; One &quot;S&quot; mint Morgan that grades MS64 may grade MS66 if everything were the same (except the &quot;O&quot; mint mark).</p><p><br /></p><p>Take a Buffalo nickel.&nbsp; There are some MS grades for specific years where the horn looks very worn.&nbsp; You are scratching your head and thinking, &quot;That can&#039;t be a MS grade if the horn is worn...but guess what?...it depends on the mint and year!</p><p><br /></p><p>This is pretty much normal anywhere you go and hence the reasons why slabbing got to be so popular.&nbsp; It wasn&#039;t the seller&#039;s opinion, nor the buyer&#039;s opinion...it was graded by a 3rd party agency who techincally shouldn&#039;t have any interest for the seller or buyer.&nbsp; It is almost like hiring a mediator to settle a dispute and yes, like any dispute...somebody is happy and somebody is not when the final say-so comes about.</p><p><br /></p><p>For me...I pretty much given up submitting coins for grading as my weakest area of grading is AU58 to MS63...the slider range.&nbsp; I bought coins that I thought were MS and they came back a high AU (and I wasn&#039;t too happy as I paid in MS dollars!!).&nbsp; Ahhhh...a learning experience.&nbsp; Why is it that they are always so expensive.&nbsp; It makes me feel like this guy:</p><p><img src="http://www.htc.net/~joegrant/grantconsulting/images/AA015778_rubbingEyes_110W.jpg" class="bbCodeImage wysiwygImage" alt="" unselectable="on" /> </p><p>So now I resort to looking for deals in lower tiered slabs where I mentally deduct anywhere from 2 to 4 points in MS grades and 5 to 10 points in circulated grades.&nbsp; If I can see the coin and get a &quot;deal&quot;, I&#039;ll buy it...that way...I am not that far off in grading that given coin, for that given year and for the given mint production year![/QUOTE]</p><p><br /></p>

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