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<p>[QUOTE=&quot;cladking, post: 361727, member: 68&quot;]In all probability the cent is accurately graded.&nbsp; This is not because I have any more confidence in third party graders than you do but because &#039;79 cents are fairly easy to grade in high grade.&nbsp; For this date there is a little correlation between being well made and mark free.&nbsp; I&#039;ve always suspected that this correlation is the result of the simple odds of having each individual involved in its production doing his job properly and to standard.&nbsp; Obviously for a coin to be ultra high grade there has to be a little blind luck involved as well.&nbsp; </p><p><br /></p><p>If this were, say, a 1970-S nickel in MS-65 FS I&#039;d have a little less confidence in it being graded properly because the correlation between strike and quality breaks down badly on this date.&nbsp; Also there&#039;s a tendency for the very nicest full steps of these to be MS-66 rather than MS-65.&nbsp; </p><p><br /></p><p>There is grade inflation but this is caused by market forces.&nbsp; As more people demand more coins it naturally requires less quality to make the grade.&nbsp; The market tells the graders that they are&nbsp; grading too tight so they tend to continually loosen.&nbsp; And yes, people can, and no doubt will, get burned on this when demand turns lower.&nbsp; This will affect coins across the board though, not only 1979 cents.&nbsp; As is typical, collectors will probably come through this much better than investors.&nbsp; </p><p><br /></p><p>No matter what the real grade of this cent, the simple fact is that if it&#039;s among the best now then it will be among the best in five or fifty years. If you can&#039;t tell on your own that it&#039;s a good value or have someone whom you trust to advise you then it might not be a good idea to pay $180 for it.&nbsp; Personally I believe there&#039;s huge potential for many moderns.&nbsp; Where some that are scarce in MS-67 will be quite common in MS-66 that is not true for all of them.&nbsp; This very coin is only about two or three times as common in MS-66 which still makes it much scarcer than most coins that cost $180.[/QUOTE]</p><p><br /></p>

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