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<p>[QUOTE="BooksB4Coins, post: 2286834, member: 36230"]"Nics, dings, etc"... how severe are we talking? The first concern should be IF it will clean grade; a coin like this returning in a genny holder is basically money flushed down the drain.</p><p><br /></p><p>Now, not all coins need to be entombed, and a well circulated 90-CC certainly could fall into this category, so may I ask why you feel it necessary? Also, what is "coin book pricing", and why do you feel it has any basis in reality?</p><p><br /></p><p>As for some sort of "trusted percentage", it's not quite that simple, especially if you're not able to piggyback it with other coins to reign in costs. You're better off crafting the numbers to your own situation, first meaning how much is it going to cost YOU, in total, to get that coin into (X TPG's) slab. Next, you need to know how much (a reasonable range) THAT coin will be "worth" in that slab (if cleanly graded at the level you think), which, in reality, may not line up with whatever this "book" says. It's one thing if doing this for your collection, but if for resale, now you have to consider what, after purchase, acquisition, submission, etc expenses, it's going to cost to sell the coin and still allow for a fair profit. Again, it's not always as simple as "X - Y = Z so I can pay $X". A generic percentage on (as an example) a $5000 coin wouldn't quite work on a $100, would it?</p><p><br /></p><p>Beyond this, you're buying a RAW coin with a very modest best-case value, so the seller might not be okay with eating your submission expenses. Sometimes, if you want slabbed (if a collector) it's best to just buy slabbed, especially if one's grading, problem, or counterfeit identification skills are not what they should be.[/QUOTE]</p><p><br /></p>
[QUOTE="BooksB4Coins, post: 2286834, member: 36230"]"Nics, dings, etc"... how severe are we talking? The first concern should be IF it will clean grade; a coin like this returning in a genny holder is basically money flushed down the drain. Now, not all coins need to be entombed, and a well circulated 90-CC certainly could fall into this category, so may I ask why you feel it necessary? Also, what is "coin book pricing", and why do you feel it has any basis in reality? As for some sort of "trusted percentage", it's not quite that simple, especially if you're not able to piggyback it with other coins to reign in costs. You're better off crafting the numbers to your own situation, first meaning how much is it going to cost YOU, in total, to get that coin into (X TPG's) slab. Next, you need to know how much (a reasonable range) THAT coin will be "worth" in that slab (if cleanly graded at the level you think), which, in reality, may not line up with whatever this "book" says. It's one thing if doing this for your collection, but if for resale, now you have to consider what, after purchase, acquisition, submission, etc expenses, it's going to cost to sell the coin and still allow for a fair profit. Again, it's not always as simple as "X - Y = Z so I can pay $X". A generic percentage on (as an example) a $5000 coin wouldn't quite work on a $100, would it? Beyond this, you're buying a RAW coin with a very modest best-case value, so the seller might not be okay with eating your submission expenses. Sometimes, if you want slabbed (if a collector) it's best to just buy slabbed, especially if one's grading, problem, or counterfeit identification skills are not what they should be.[/QUOTE]
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