How Will Coin Collectors Interpret Certified Coin Grades...

The value of a coin based on just a combination of the suggested genuine standing of the coin by a known & trusted resource coupled with its known/guesstimated SURVIVAL rate <note I do not say pop count)and current selling/trading trends are enough to allow the (aspiring and known) numismatists to judge the value of the coin. The rest is for the birds/investors who are not interested in getting to a certain education level.

I don't need CAC to tell me what a PQ in the grade looks like

I don't need a TPG to dictate market based on their price guide versus a moving average that can be found with some research

I DO need the CCF because these are the only people who I trust

Similar to how there are more 1921 Morgan Chapman proofs that have been graded by PCGS AND NGC than what are thought to even exist. (PCGS at 39, NGC at 49) when there are thought to be a dozen or two known by most accounts, or "40" by PCGS's mintage statistics.

Which goes to show you that not only if too many coins are over-graded, or an "unknown" about how many coins that exist are ungraded, that all can affect prices negatively, the converse that if the same **truly rare** coins are cracked out of holders and sent back in as fresh too many times searching for a higher grade, it will also negatively affect their prices as the population counts will over time show numbers of a magnitude higher than even exist in any grade (like the Chapman proofs).

What I like to do when I consider purchasing a certified coin is to check the price guide (NGC or PCGS) and then compare that price with completed ebay auctions of the same coin in the same grade. I will also check past Heritage and Great Collections auctions. Just doing this gives me a good overall impression of what I should pay for said coin. Of course, if there are several of the same coin in the same grade available I will always go for the one that has the best eye appeal. I will even go with said coin in a lower grade if the eye appeal is more appealing than on a higher grade coin. It's fun doing this kind of research when looking to buy.

Ain't that the truth!