Posted 03/07/2009 12:33 pm
Usually a price tag like that is for a PCGS graded coin not ANACS. The reason being everyone thinks PCGS is tighter on their grading standards than NGC and ANACS (from what I have been seeing ANACS is the tightest of all of them right now) and hand out fewer 70's (PF or MS) than the other grading companies so the ones that get the 70's really are spectacular coins. I think PCGS hands out fewer 70's just so their population reports show allot less than other companies so it would give the illusion that their 70's are really PQ compared to the other companies coins because they get as many coins (if not more) than that other companies do and have far less 70's than they do so it makes some people think if its a PCGS 70 it is definately a 70. In fact I have seen some PCGS-69's that in my opinion should have made the 70 grade and I think they just gave it a 69 to keep the reports lower so it would make their 70 slabs worth more money which makes their slabs investment slabs because if you only have 500 70's and there are 10,000 people wanting them the value goes up on those coins graded that grade, where as if NGC or ANACS has 10,000 graded 70 and there are only 500 people wanting them the price would be low because there was plenty of them in that grade to supply the demand
