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Luckily the bidding also done was according to a EF 40 - 45 price trend.
Thanks for sharing this coin and the backstory!
This is a good example of the market compensating for
TPG overgrading. Where it hurts is that the resulting market prices also affect
correctly graded
TPG coins. It is creating a perpetual buyer's market, where sharp-eyed buyers cherrypick correctly graded coins for basically the same price as incorrectly graded coins. The market can't stay in a perpetual downward compression. Something eventually has to give.