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PALLADIUM EAGLE - LOW QUALITY COINS SHIPPED TO GENERAL PUBLIC

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  • logger7logger7 Posts: 8,518 ✭✭✭✭✭

    With the type of money that flippers are making at $600-$1400 a pop on coins that were issued for collectors I find complaints like this questionable.

  • GoldminersGoldminers Posts: 3,984 ✭✭✭✭✭
    edited September 27, 2018 4:13PM

    @BigA said:

    @Goldminers said:

    @BigA said:
    From another thread: PCGS

    1093--70's
    100....69's
    1........68

    and 1,000 more 69's or less that were graded, but not slabbed and therefore not counted.

    Where can you find that number? or it it just a WAG from an assumption. I do understand the minimum grade thing but:

    If you are correct then NONE of the results are real. For the RP BI quarter the low number of 70's was a big reason for the huge premium (241 70's... 2051 lower). Now the BIG number for the 70's is real and the low number of 69's is not....I guess it goes however you want it to go.

    If the premise be true and consistent then there should always be less 69's than 70's

    My 1,000 number is a WAG based on what I have read from large submitters and number that keep showing up in OGP on eBay. Some say it is more like several hundred extra 69's at this stage, but there is no way to know. That is specifically why I have mentioned to PCGS that a column of the total graded coins would be helpful, not just graded and slabbed like we have now.

    The numbers that are real are always the 70's. This is where the money is, and greatest registry set demand. The Block had terrible quality and very few 70's were found. The 2051 69's you show were graded and slabbed. There were even more that were not slabbed, that were graded 69.

    Basically there are always more 69's graded, then those in this pop report which are only the ones slabbed. This is because bulk submitters pay to grade, and to slab, separately, so if a 69 grade, why pay for a 69 slab you don't want. Much easier than cracking out.

  • 2dueces2dueces Posts: 6,442 ✭✭✭✭✭

    Just because you pulled a Tom Brady rookie card in 2000 doesn’t mean it will grade a PSA 10. Guess the same applies to coins.

    W.C.Fields
    "I spent 50% of my money on alcohol, women, and gambling. The other half I wasted.

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