A few high value cross overs at the 1% fee and PCGS will make more money on those few coins than NGC did on the whole lot. The best coins will wind up in PCGS slabs and the rest will still in NGC slabs. Brilliant on their part
I am indifferent to hand pick cherries rushed through grading by people in the know. I am waiting for the baulk %s to filter through on the collector grade stuff. In the series I am comfortable in I would be surprised/shocked for a 40% cross at grade rate. Now don't get me wrong many will end up in pcgs plastic with CAC sticker but just maybe not at the original NGC grade.
<< <i>A few high value cross overs at the 1% fee and PCGS will make more money on those few coins than NGC did on the whole lot. The best coins will wind up in PCGS slabs and the rest will still in NGC slabs. Brilliant on their part >>
In the coin collecting community, I wish there was more focus on the rarity, pedigree and physical characteristics of the coins and less concern about the details of certifications. Now is the time to appreciate the greatness of many of the coins that just sold and to read about the excitement of the auction that just occurred.
Comments
<< <i> The best coins will wind up in PCGS slabs and the rest will still in NGC slabs. Brilliant on their part >>
Interesting and more than likely correct.
<< <i>A few high value cross overs at the 1% fee and PCGS will make more money on those few coins than NGC did on the whole lot. The best coins will wind up in PCGS slabs and the rest will still in NGC slabs. Brilliant on their part >>
Yeah, I am sure that is what PCGS had in mind.
In the coin collecting community, I wish there was more focus on the rarity, pedigree and physical characteristics of the coins and less concern about the details of certifications. Now is the time to appreciate the greatness of many of the coins that just sold and to read about the excitement of the auction that just occurred.
The Fabulous Eric Newman Collection, part 6: Auction Results for silver U.S. Coins