Do most serious collectors have a separate pool of valuable coins where grade matters, versus a display or enjoyment pool where the eye appeal takes precedence?
When I was younger, I collected rocks and minerals. While many crystals in my collection were more valuable or technically meritous, most people immediately reached for a particular Herkimer diamond quartz crystal. It's big, bold, and has a wild rainbow pattern in sunlight. That crystal just draws the eye. People would also immediately pick up a chunk of pyrite with a weird step pyramid pattern, even though I had much, much nicer specimens of perfect cubes.
When I was younger, I collected rocks and minerals. While many crystals in my collection were more valuable or technically meritous, most people immediately reached for a particular Herkimer diamond quartz crystal. It's big, bold, and has a wild rainbow pattern in sunlight. That crystal just draws the eye. People would also immediately pick up a chunk of pyrite with a weird step pyramid pattern, even though I had much, much nicer specimens of perfect cubes.