When grading reduces the selling price of a coin

drjules

Here are two 1976 silver Kennedy halves I was watching (not bidding) on ebay

Not graded

and

"graded"

Comments?

Dr J

Theop

The second one (which sold for $5.25 with shipping) is not graded... it is in a CoinWorld holder with a label someone printed.

The first sold for $7.45.

A $2 difference isnt that big for both coins being raw.

drjules

<< <i>The second one (which sold for $5.25 with shipping) is not graded... it is in a CoinWorld holder with a label someone printed. >>



IOC, thanks for pointing that out

Sequitur

I'm encouraged by these two auctions -- a "PGS graded" coin brought less than the same coin raw. That is good.

xbob

Those "PGS" slabs (coinworld holders) are just a scam to get fools buying it as if it was PCGS. I am glad to see that it is not working.

The only time true professional grading has reduced value for me was when something came back net graded (ANACS) for prior cleaning that I didn't recognize. Had I kept it raw I wouldn't have known.

Even so, I would rather know and sell a coin honestly as cleaned if that is the case - even though it effectively reduced the value vs. selling it raw (assuming the buyer didn't recognize the signs of cleaning either).