Effect On Pop Numbers From Resubmitting - Page 2

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Author	Replies: 21 / Views: 2,067	Page: of 2

delaner Pillar of the Community United States 870 Posts	Posted 08/13/2011 2:45 pm Interesting - I was thinking about that Conder, it would definitely cut into their revenues if they did something like that, so it all makes sense. Thanks for the insight! Report this Post to the Staff
Ceylon62 Pillar of the Community United States 1285 Posts	Posted 08/14/2011 09:13 am They could easily set up some type of free online survey / questionnaire and back into a best guess estimate if they wanted to. Whether folks participate and give honest answers is another thing...but it could be limited to large dealers / collectors and done in anonymity / random user name and passwords etc OR even have folks fill out info of what they have on a voluntary basis at some non profit website which then turns the final numbers to the TPG's This is NOT Rocket Science and the hobby would be better served in the long run with more up to date info especially with pre 1940's / 1950's coinage - This my morgan $'s Talking (if they could). Report this Post to the Staff
biggfredd Rest in Peace United States 9104 Posts	Posted 08/14/2011 10:28 am Quote: Is this practice of resubmitting over stating the number of graded coins? Yes, and it's also showing too many lower grades, like a 63 that now is in a 65 holder. Report this Post to the Staff
biggfredd Rest in Peace United States 9104 Posts	Posted 08/14/2011 10:51 am Quote: Yep, that's an interesting point. And another argument for NGC's photographing each coin - I LOVE that. If everyone did that, you'd be able to quickly and easily identify the coins trail and come up with better pop and condition census numbers. In the days before slobbing, that's how ANACS did things. Report this Post to the Staff
SsuperDdave Moderator United States 23522 Posts	Posted 08/14/2011 11:06 am Pops will never be an accurate estimation, anyways. Even if a concerted effort was made to actually recover old slabs or current data, how many people hold slabbed coins as pure investments, and would never hear that some TPG wanted to know what they had? How many dealers have a vested interest in the crackout process? How many variety collectors want to suppress the true commonality of high-grade varieties they own? This is a known problem with VAMs. When one nice, upper-end 64 could be responsible for 20-30 resubmissions between two or three dealers, you can assume that any coin with a decent jump in condition value at the next grade is woefully overcounted. Report this Post to the Staff
biggfredd Rest in Peace United States 9104 Posts	Posted 08/14/2011 11:11 am Anyone got pop figures for 1913 V nix? Report this Post to the Staff
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