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Posted 06/02/2014 8:03 pm
Quote:
Graded 70 coins are always fetching at least 2x 69's and I am always seeing 69's as part of clearance specials or all in stock while the 70's are sold out.
Graded 70 coins are always fetching at least 2x 69's and I am always seeing 69's as part of clearance specials or all in stock while the 70's are sold out.
It's a bubble, driven by people who don't know that A) 70 is the expectation these days, not the exception - the Mint's that good - and B) TPG's do not grade 70's fairly or consistently. A 70, by definition, is perfect - a flawless, unmarred strike from a perfect die. You've seen that inconsistency.
It's a bubble which will eventually burst. A game of musical chairs in which someone's gonna get left standing, holding a bunch of worthless 70's.
