What is the most controversial topic relating to coins?

tradedollarnut

I have to disagree. If a coin raw would present itself as a full gem, but is in an MS64 holder, then I assert that it will bring less in the MS64 holder simply because the overly conservative grade has biased the bidders.

I'm quite certain that this scenario isn't an isolated incident:

Wow. This coin looks undergraded - I would have graded it a point higher. What am I missing - I better knock my price down a few hundred just to be sure.

or

I would have graded this an MS66 - but it's in an MS64 holder. I'll set my bid at MS65, just to be safe.

In either case, the plastic has biased the bidder and thus IMO the plastic has a negative value.

MrEureka

If a coin raw would present itself as a full gem, but is in an MS64 holder, then I assert that it will bring less in the MS64 holder simply because the overly conservative grade has biased the bidders.

It will bias SOME bidders, but usually not the ones that matter. Additionally, an undergraded slab can sometimes attract bidders even better than a raw coin could. Old holdered coins at auction are the best example of that.

tradedollarnut

Yes, an old holder is an exception - because the reputation is well known.

You take out a bidder or two and the price will many, many times be lower.

I'm not trying to be obtuse here, but can you really say that the holder NEVER biases the bidders that count too low? All it takes is to remove all the competition but one in order to prove the point.

MrEureka

I'm not trying to be obtuse here, but can you really say that the holder NEVER biases the bidders that count too low? All it takes is to remove all the competition but one in order to prove the point.

I agree that there are some situations in which plastic MAY reduce the sale price. HOWEVER, that's a function of the situation as much as it is a function of the plastic. Remove the slab from the situational context and the only difference between the value of the slabbed coin and the value of the raw coin is the value of the labor required to remove the coin from the slab.

tradedollarnut

I agree that there are some situations in which plastic MAY reduce the sale price

That's all I was trying to point out. The rest is just disagreeing over semantics.

Lakesammman

It will bias SOME bidders, but usually not the ones that matter.

Guess that would be me.....

farthing

US vs World

Zerbe

For me, it is the ' POLITICS ' involved in trying to cross a coin from NGC plastic to PCGS plastic.

cladking

...So, we can expect to see all these topics in the coming weeks?

Bear

I dont wanna be obtuse, I wanna be a rhombus.

cladking

...but a rhombus can be considered two obtuse.

LucyBop

The bottom end feeders whom peddle their PCI or other laughable overgraded scam crap, then they sometimes show up here as if they are experts.....

They wouldn't know high end GEMs if they hit them on the head....

oreville

The most controversial topic relating to coins. Boy, you all got it wrong!

Spousal warming versus spousal cooling!

dorkkarl

"business" vs. "hobby".

K S

Bubblehead

I think that it all boils down to "Money."