Steve - First of all, what a super note, regardless of the holder! My earlier comments about the "one grade point differential" between CGA and the two major TPGs was primarily in reference to Uncirculated notes - I have little experience with circulated GCA examples. Your experience suggests this relationship may well extend across the board.
As "tech" points out above, learn to grade first, and then evaluate/buy the note but not the holder!
As a general statement, at least for Uncirculated notes, I feel the market discounts CGA issues disproportionately to this "one grade point" differential. Since I have confidence in CGA's assessment of paper quality, this creates many resubmission opportunities.
Bruce
As "tech" points out above, learn to grade first, and then evaluate/buy the note but not the holder!
As a general statement, at least for Uncirculated notes, I feel the market discounts CGA issues disproportionately to this "one grade point" differential. Since I have confidence in CGA's assessment of paper quality, this creates many resubmission opportunities.
Bruce
Edited by Coinfrog
06/22/2016 5:44 pm
06/22/2016 5:44 pm




















