COA vs non COA - Page 2

LostDutchman · 02-26-2009, 09:13 AM

Quote:

Originally Posted by Yorkazuna

True unless you are talking about a COA on a particular coin from a noted and industry respected expert.COAs provided by marketing companies printed like wall paper are certainly not included in my earlier comment.-lol

I agree with that. But I haven't seen too many of the aforementioned COA's from experts.

LostDutchman · 02-26-2009, 09:14 AM

Quote:

Originally Posted by bhp3rd

COA, non COA, ABC, non ABC, DEIFG??????????
With this little sticker and $2 you can get a pretty good cup of coffee or a lottery ticket - both with be worth more that any sticker there is.
I keep telling you'all - this entire deck of cards ( modern high graded coins and stickers) is going to come tumbling down and then you can remember your old friend Ben who time and time again forewarned you of it!
I guarantee that modern graded coins in ABCD MS & Pr.-69 are going to be used as doorstops and will trade at less (in some cases much less) than the original packaged material - and this original modern stuff will also be worth very little even in the original package.

As a dealer, even I agree with that... I don't treat modern stuff any differently in a top tier holder then if it were raw sitting on my counter.

elaine 1970 · 02-26-2009, 09:47 AM

even you don't. let's said someone have a lot of modern sets and coins to sell. you simply choose the one with complete set first before the raw. right?. that's the different. complete set will be easier to sell. and sometimes command a little premium.

LostDutchman · 02-26-2009, 10:48 AM

Quote:

Originally Posted by elaine 1970

even you don't. let's said someone have a lot of modern sets and coins to sell. you simply choose the one with complete set first before the raw. right?. that's the different. complete set will be easier to sell. and sometimes command a little premium.

Im my shop complete sets with paperwork sell much much faster then pieces with problems. (ie missing paperwork, cracked cases, packaging all messed up or been wet.) I have to discount that stuff because if I cant sell it in the shop it has to be wholesaled to another dealer and they buy the same way that I do... or I buy the same way that they buy from me, either or.

Pocket Change · 02-27-2009, 01:59 AM

As i was reading through the posts, I kept shaking my head and then I realized what the original question was - investment value. Of course, the COA cannot hurt the value - I guess that's another way of looking at it.

Myself, I don't enjoy all the packaging. If you start collecting these things, it takes up space. I realize some unpack and put them in air-tites and save the packaging, but I'm nervous about handling pristine coins/Commems, etc.

elaine 1970 · 03-20-2009, 11:01 AM

actually, with coa and original box and sleeve. it will command at least 25% mark up on it.

**De Orc** · 03-20-2009, 12:26 PM

As long as the COA is from a reputable dealer or a reputable mint that is great but the thing is anyone can reproduce them if they want to spend a bit of time and effort, the same goes for the packing

I use to work in the memrobilia buisness and the number of fake carded star wars items we seen was amazing LOL just wait till our chineses pals figure it out for modern bullion

CappedBustDimes · 03-22-2009, 12:58 AM

What about when buying bullion...does having the assay docs. play a role in value or; more importantly, liquidity?

clembo · 03-22-2009, 03:08 AM

Quote:

Originally Posted by bhp3rd

COA, non COA, ABC, non ABC, DEIFG??????????
With this little sticker and $2 you can get a pretty good cup of coffee or a lottery ticket - both with be worth more that any sticker there is.
I keep telling you'all - this entire deck of cards ( modern high graded coins and stickers) is going to come tumbling down and then you can remember your old friend Ben who time and time again forewarned you of it!
I guarantee that modern graded coins in ABCD MS & Pr.-69 are going to be used as doorstops and will trade at less (in some cases much less) than the original packaged material - and this original modern stuff will also be worth very little even in the original package.

Quote:

Originally Posted by LostDutchman

As a dealer, even I agree with that... I don't treat modern stuff any differently in a top tier holder then if it were raw sitting on my counter.

OK I'll chime in here guys. I think the modern, "high grade" stuff is a bunch of hype as well and have voiced same in the past. The 69 grade is already suffering when one looks at ebay figures. MANY times raw coins go HIGHER because people are looking for that chance to slab and get a 70 but it's kind of off topic isn't it?

Is it worth more with the COA for "investment" purposes. Right now YES and it's not because I agree with it. People just want that COA.
I have "run upstairs" at work too many times to find an empty box with the COA in it for a modern issue just to make the customer happy.
Think about this for a second. It wasn't in the box we had in stock because we probably bought it off the street but we have extra empties upstairs so I get one and NOW it's a legit coin with COA? Like it wasn't legit before?

Now honestly I do like ALL original packaging. It comes that way on the rare occasion that I buy from the mint.

Still I'd take Cloudsweeper99s approach at any moment as well. If I can buy ANYTHING near melt in moderns I couldn't care less about the COA. It's a hunk of metal with value in the metal.

Also, as noted earlier, the COAs from the TV places etc. are nothing but wasted paper. Who cares if only 50,000 were made when 50,000 people weren't stupid enough to buy them in the first place?

Just a few thoughts.

Dollar1948 · 03-22-2009, 08:23 AM

All I know is, I wouldn't dream of buying an Obama coin without the C.O.A. I mean in essence thats the big ticket item right?

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