Not necessarily. An experienced rancher knows what might place well at a claiming show would not place well at a higher level (Nationals), but will still place decently when up against others there. So you can still get a "decent" animal, even though it may not be the best of the best, for a good price. They would be silly to bring an animal they can get mega bucks for to a show with a $200.00 ceiling. The same with silent auctions. You're not going to find the GSC at Nationals sitting on the silent auction table. There were some very nice chins on the auction table at Nationals last year, and I got a beautiful male there for a really good price, but it was only because the breeder had an excess of standard males that he was there at all.
At least that's been my experience on the eastern part of the country. I've not attended a claiming show in your neck of the woods.