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<p>[QUOTE="Coinsandmedals, post: 5487074, member: 107435"]I agree with all of this, but I would argue that it's slowly starting to influence some European auction houses as well. If for no other reason to attract more bidders from across the pond. I spoke at length with a numismatist from a very notable European auction house about this very topic yesterday. I had a similar conversation with another about slabbed coins. He showed me a common date half-crown graded by NGC as PF-67 or something along those lines. He laughed because he had the coin in inventory for years with no interest, and now he can auction it with the realistic expectation of getting 6-7x the original asking price. When I asked why he thought that was, he said it draws in more bidders across the pond who favor graded material. From a business perspective, it makes sense to do so, and I imagine this will continue to gain traction in European auctions as TPGs become more accepted globally.[/QUOTE]</p><p><br /></p>
[QUOTE="Coinsandmedals, post: 5487074, member: 107435"]I agree with all of this, but I would argue that it's slowly starting to influence some European auction houses as well. If for no other reason to attract more bidders from across the pond. I spoke at length with a numismatist from a very notable European auction house about this very topic yesterday. I had a similar conversation with another about slabbed coins. He showed me a common date half-crown graded by NGC as PF-67 or something along those lines. He laughed because he had the coin in inventory for years with no interest, and now he can auction it with the realistic expectation of getting 6-7x the original asking price. When I asked why he thought that was, he said it draws in more bidders across the pond who favor graded material. From a business perspective, it makes sense to do so, and I imagine this will continue to gain traction in European auctions as TPGs become more accepted globally.[/QUOTE]
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