Physical Crypto General Discussion - page 4.

snarlpill

hero member

Activity: 910

Merit: 530

$5 24k Gold FREE 4 sign-up! Mene.com/invite/h5ZRRP

Quote from: gentlemand on July 21, 2015, 10:40:09 AM

Does anyone know why so many super high ANACs grades have suddenly arrived? There seems to be plenty when once upon a time there were none.

I'd say people either saved their best coins for last, Or- perhaps ANACS has gotten more comfortable grading Casascius coins and finally feel like they can make a better distinction between what's an MS-65 Cas and what constitutes an MS-69 grade.

Either way, this recent rash of high grades is going to make the market do a flip. And I agree with Blazed and others- the market is getting Hot again!

Quote from: Blazed on July 21, 2015, 10:37:06 AM

*Waits for this thread to get nuked*

*Waits for this thread to get moved to a completely irrelevant section with prejudice*

TheAnalogKid

sr. member

Activity: 322

Merit: 250

Quote from: gentlemand on July 21, 2015, 10:40:09 AM

Does anyone know why so many super high ANACs grades have suddenly arrived? There seems to be plenty when once upon a time there were none.

My guess is two things:

1) As more coins come through, each series develops its own reputations for grading. Things that initially may have been seen as detrimental to grade - poor plating, poor die strike, nicks in certain areas - are now accepted as "common" to a series, and thus are not causing as much of a hit to the overall score

2) Graders are human and have their own opinions. Typically coins will pass multiple graders with each their own notes. At the end there may be more of a consensus for a higher grade than not, and they may choose to award the higher grades in general.

Oh, and finally, more recent higher grades will tend to make people with older coins re-look at them and re-submit them to chase a higher grade. Win-win for the grading company, more business, more profit.

Remember folks, it's a business at the end of the day. Higher graded coins will spur higher prices, and higher market volume. Everyone and their brother will then want their coins graded to try to get the best grade, and the best resale.

wheelz1200

legendary

Activity: 3752

Merit: 1415

Quote from: gentlemand on July 21, 2015, 10:40:09 AM

Does anyone know why so many super high ANACs grades have suddenly arrived? There seems to be plenty when once upon a time there were none.

Be interesting to know if the amount of coins getting sent in has been higher during this time and maybe the law of averages are just at work here.

miffman

legendary

Activity: 1904

Merit: 1005

PGP ID: 78B7B84D

Quote from: gentlemand on July 21, 2015, 10:40:09 AM

Does anyone know why so many super high ANACs grades have suddenly arrived? There seems to be plenty when once upon a time there were none.

I do think it's a little odd as well, but maybe people though that they should send their roll-fresh coins to ANACS, even though they didn't plan on doing so.

gentlemand

legendary

Activity: 2590

Merit: 3014

Welt Am Draht

Does anyone know why so many super high ANACs grades have suddenly arrived? There seems to be plenty when once upon a time there were none.

Blazed

legendary

Activity: 2128

Merit: 1119

I think that the Casascius market is back to normal these days after being slow for several months. Personally I only see the prices going up from here so best to grab them sooner than later.

Currently ANACS is having a sale on grading services ($30 off for orders of 10 coins) -> http://www.anacs.com/contentPages/Specials/CotM_Special.aspx

*Waits for this thread to get nuked*

nubbins

legendary

Activity: 1554

Merit: 1009

Self-moderated so I can actually remove sale/auction posts (and shameless link plugging); everything else is safe.

I'll get things started:

Quote from: nubbins on July 21, 2015, 10:22:59 AM

Chainsaw's addition of a multiplier column in his chart was useful because it was right next to all the other stats.

Here's the same information written three different ways, in order of decreasing usefulness:

"fives sell for 6-8btc"

"fives sell for a 1-3btc premium over face"

"fives sell for 1.2-1.6x face"

Everyone is, indeed, making this more complicated than it is. I wonder how complicated things would get if I tossed a coin up on the auction block and accepted bids in both BTC and USD?

nubbins

legendary

Activity: 1554

Merit: 1009

THIS IS NOT A SALES THREAD. DO NOT POST LINKS TO AUCTIONS OR SALES.
ALL SALES POSTS WILL BE REMOVED.

Use this thread to try wrapping your head around the pricing and trade of physical cryptos, as well as the insane behaviours of physical crypto collectors.

Other useful threads:
Casascius' original sale thread
Chainsaw's Collectible Marketplace thread (includes historical trades)
justbtcme's Trade Thread

Topic: Physical Crypto General Discussion - page 4. (Read 4434 times)