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<p>[QUOTE=&quot;GDJMSP, post: 2146429, member: 112&quot;]The question asked is - When is a coin worth more than graded value?</p><p><br /></p><p>The answer is - when it is worth more.</p><p><br /></p><p>Now some are probably sitting there reading that and saying - what ??? But that really is the answer. How can that be so ? It&#039;s pretty simple, it&#039;s because no 2 coins even graded the same by the same grading company are equal. </p><p><br /></p><p>It seems that a lot of folks have the idea that a grade means the given coin is worth $X. But that simply isn&#039;t so because the coins are not the same even though they are graded the same. Here&#039;s an example.</p><p><br /></p><p>These are the 4 most recent results, in order, for the coin in question sold on Heritage. These all sold between 6 months and less than 2 years ago. And they were all within $250, or less, of each other.</p><p><br /></p><p><br /></p><p><br /></p><p><img src="http://dyn1.heritagestatic.com/lf?set=path%5B1%2F1%2F8%2F8%2F3%2F11883438%5D%2Csizedata%5B450x2000%5D&amp;call=url%5Bfile%3Aproduct.chain%5D" class="bbCodeImage wysiwygImage" alt="" unselectable="on" /> </p><p><br /></p><p><br /></p><p><img src="http://dyn1.heritagestatic.com/lf?set=path%5B1%2F1%2F3%2F1%2F5%2F11315527%5D%2Csizedata%5B450x2000%5D&amp;call=url%5Bfile%3Aproduct.chain%5D" class="bbCodeImage wysiwygImage" alt="" unselectable="on" /> </p><p><br /></p><p><br /></p><p><img src="http://dyn1.heritagestatic.com/lf?set=path%5B1%2F0%2F8%2F9%2F2%2F10892392%5D%2Csizedata%5B450x2000%5D&amp;call=url%5Bfile%3Aproduct.chain%5D" class="bbCodeImage wysiwygImage" alt="" unselectable="on" /> </p><p><br /></p><p><br /></p><p><img src="http://dyn3.heritagestatic.com/lf?set=path%5B9%2F2%2F8%2F8%2F9288296%5D%2Csizedata%5B450x2000%5D&amp;call=url%5Bfile%3Aproduct.chain%5D" class="bbCodeImage wysiwygImage" alt="" unselectable="on" /> </p><p><br /></p><p><br /></p><p><br /></p><p>Now who would say that those 4 coins are all equal to one another ? I certainly wouldn&#039;t. And if they aren&#039;t equal to one another then how can they all be worth the same amount of money ? Answer, they can&#039;t be.</p><p><br /></p><p>Now what about this coin ? </p><p><br /></p><p><img src="http://dyn2.heritagestatic.com/lf?set=path%5B2%2F8%2F6%2F5%2F2865571%5D%2Csizedata%5B450x2000%5D&amp;call=url%5Bfile%3Aproduct.chain%5D" class="bbCodeImage wysiwygImage" alt="" unselectable="on" /> </p><p><br /></p><p><br /></p><p>This coin sold for roughly double what any of the 4 above sold for, and it did it 12 years ago before the coin market saw any significant appreciation in values. What do you think it&#039;d sell for today ? And yes that is a PCGS slab.</p><p><br /></p><p>So ask yourself, is that coin worth more ? It&#039;s the same grade, same company, same sales venue. </p><p><br /></p><p>Now some are going to say yeah but that coin if graded today would be significantly upgraded - I&#039;d have to say I agree with you. And I&#039;m pretty sure you all know why. But let&#039;s forget about that, just throw it out, one of those 4 coins above was graded in the &#039;90s after all. So on that basis it would be upgraded too. But what if that coin from 2003 were in a recent slab and graded the same - would it not still be worth more ? </p><p><br /></p><p>And that&#039;s the answer to when is a coin worth more than graded value - it&#039;s worth more when it is a nicer coin than the others graded the same. Coins of the same grade are not equal.[/QUOTE]</p><p><br /></p>

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