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1877 Proof Trade Dollar Does it CAC???
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<p>[QUOTE="treylxapi47, post: 1943284, member: 41863"]I'm gonna point out a small thing people tend to overlook. What makes people think that people trade coins so frequently that all of the 'older holders' have come out of hiding? There are still raw coins that come to light everyday due to hoards, long time collectors, and other such factors. Only dealers and active traders are interested in upgrading the plastic for a better grade. Most collectors that I have seen just put the coins up and hold onto them for awhile. They don't reevaluate them every 2-3 years to see if they are going to upgrade when they don't necessarily plan on selling them any time soon and waste money for a new grading fee on something they already enjoy. </p><p><br /></p><p>It's the same idea behind the old ANACS holders. There are still plenty that sit in peoples collections and plenty that even dealers don't care to waste money on a risk if upgrading. </p><p><br /></p><p>Sure there are many savvy dealers and traders but they can't catch it all. We sometimes take that for granted because we choose to immerse ourselves in sites like this one, but I am certain we are a minority. </p><p><br /></p><p>Just remember there are plenty of hoarders, probably as many as collectors that aren't interested in the value of their collection, just the fact that they have it in there, know what it is, and enjoy it. </p><p><br /></p><p>It would behoove you to check those slabs EVERYTIME to evaluate the coin, that's the only way you will ever truly know. New material comes to light everyday, so don't throw the baby out with the bath water. </p><p><br /></p><p>Another observation I have made note of is how many collectors in my local club actively check online for material. Most of them don't, maybe at best 25% of us utilize various aspects of the web, and only 2-3 of us are pretty heavily immersed. My point is, there are still untold numbers of these old slabs that are out there, keeping checking them out.[/QUOTE]</p><p><br /></p>
[QUOTE="treylxapi47, post: 1943284, member: 41863"]I'm gonna point out a small thing people tend to overlook. What makes people think that people trade coins so frequently that all of the 'older holders' have come out of hiding? There are still raw coins that come to light everyday due to hoards, long time collectors, and other such factors. Only dealers and active traders are interested in upgrading the plastic for a better grade. Most collectors that I have seen just put the coins up and hold onto them for awhile. They don't reevaluate them every 2-3 years to see if they are going to upgrade when they don't necessarily plan on selling them any time soon and waste money for a new grading fee on something they already enjoy. It's the same idea behind the old ANACS holders. There are still plenty that sit in peoples collections and plenty that even dealers don't care to waste money on a risk if upgrading. Sure there are many savvy dealers and traders but they can't catch it all. We sometimes take that for granted because we choose to immerse ourselves in sites like this one, but I am certain we are a minority. Just remember there are plenty of hoarders, probably as many as collectors that aren't interested in the value of their collection, just the fact that they have it in there, know what it is, and enjoy it. It would behoove you to check those slabs EVERYTIME to evaluate the coin, that's the only way you will ever truly know. New material comes to light everyday, so don't throw the baby out with the bath water. Another observation I have made note of is how many collectors in my local club actively check online for material. Most of them don't, maybe at best 25% of us utilize various aspects of the web, and only 2-3 of us are pretty heavily immersed. My point is, there are still untold numbers of these old slabs that are out there, keeping checking them out.[/QUOTE]
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1877 Proof Trade Dollar Does it CAC???
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