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<p>[QUOTE=&quot;cladking, post: 361980, member: 68&quot;]No.</p><p><br /></p><p>Market grading isn&#039;t meeting demand for coins market grading is pricing of coins.&nbsp; Most collectors&#039; first question is &quot;how much is this worth?&quot;.&nbsp; They don&#039;t care about the history or grading they want to know what it&#039;s worth.&nbsp; The slabbers put a neat little lable on it and certify that it&#039;s genuine so they can use the price guides.&nbsp; Here is where the system is affected by demand; as it increases prices rise even faster than the guides can reflect it.&nbsp; If a coin is a liner between a guide price of $400 and a guide price of $800 in a hot market than the real prices might be $700 and $1,200.&nbsp; So rather than putting the coin in a $400 holder they put it in an $800 holder since being high end it&#039;s easily worth $800.&nbsp; When the market turns around it&nbsp; goes the other way.&nbsp; </p><p><br /></p><p>There are other natural forces causing grade (pricing) inflation in rising markets but the grading (pricing) of extremely rare coins is mostly irrelevant.&nbsp; Buyers and sellers of these know their condition and know that they are being dramatically overgraded now.&nbsp; The 1804 doillars are an even poorer example since many of these have simulated wear which was used to help get them out of the mint.&nbsp; I don&#039;t know if this is one of them.&nbsp; But how would you grade a coin with simulated wear at the mint?&nbsp; Is it pristine if it has no new damage?&nbsp; Is it body bagged for the original damage?&nbsp; </p><p><br /></p><p>Again I fully agree that coins should be graded to a standard rather than priced.&nbsp; But why get upset with the TPG&#039;s who are simply filling a niche and doing what they&#039;re paid for.&nbsp; This is a problem with collectors and it&#039;s collectors who need education.&nbsp; When enough people demand grading rather than pricing then coins will be graded. If not by the existing companies then by new ones.&nbsp; </p><p><br /></p><p>And writing price guides will become a much bigger occupation.&nbsp; :wink;[/QUOTE]</p><p><br /></p>

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