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Why is PCGS so hard on the 1920 Saint?
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<p>[QUOTE="messydesk, post: 3308899, member: 1765"]Sort of. </p><p><br /></p><p>Common date Saints often get graded in bulk, where they're not seen by as many graders as the rare dates submitted at higher service tiers. For the typical grades, there are ton of coins with the common dates. A few of these will be high end, and you'll never see these, as they're set aside for special buyers or crackouts. A few are really nice, and you have to cherrypick through lots of other coins for these. The rest (most) are mediocre and low-end coins which are put into the face of the marketplace as soon as possible. The low-end mistakes are blown out to wholesalers and sold on TV and through fancy advertising. The presence of quantities of mediocre and low-end coins sets the tone for what a particular grade should look like, even though the high-end and really nice coins aren't seen</p><p><br /></p><p>Rare dates don't get the same treatment by those submitting and selling them. They're not submitted in bulk, and the grading services have a bigger downside liability on a grade guarantee, so getting that big dollar bump in grade isn't as likely.[/QUOTE]</p><p><br /></p>
[QUOTE="messydesk, post: 3308899, member: 1765"]Sort of. Common date Saints often get graded in bulk, where they're not seen by as many graders as the rare dates submitted at higher service tiers. For the typical grades, there are ton of coins with the common dates. A few of these will be high end, and you'll never see these, as they're set aside for special buyers or crackouts. A few are really nice, and you have to cherrypick through lots of other coins for these. The rest (most) are mediocre and low-end coins which are put into the face of the marketplace as soon as possible. The low-end mistakes are blown out to wholesalers and sold on TV and through fancy advertising. The presence of quantities of mediocre and low-end coins sets the tone for what a particular grade should look like, even though the high-end and really nice coins aren't seen Rare dates don't get the same treatment by those submitting and selling them. They're not submitted in bulk, and the grading services have a bigger downside liability on a grade guarantee, so getting that big dollar bump in grade isn't as likely.[/QUOTE]
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