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1977 Jefferson Nickel Error (What & How much?)
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<p>[QUOTE="Lehigh96, post: 10468216, member: 15309"]Why not? This is very minor error on what is otherwise a premium gem 1977 Jefferson Nickel.</p><p><br /></p><p><br /></p><p><br /></p><p>That's insane. First, eye appeal is part of the grade, so by definition, an MS67 would be more eye appealing than an MS62. Second, the entire structure in the coin world is that condition is everything. Higher grades mean higher prices.</p><p><br /></p><p><br /></p><p><br /></p><p>Again, we have an MS67 graded coin with a stated price guide value of $150 and it cost me $40 to have it graded. If you are saying that they error drops the value of this coin from $150 to under $40, then what is the purpose of collecting error coins at all. If what you are saying is true, then errors are simply junk/trash.</p><p><br /></p><p><br /></p><p><br /></p><p>Certified coins are much more liquid than raw coins. Whenever I submit a coin for grading, I already know the grade, but my opinion doesn't count. It isn't about NGC telling me what I already know, it is about telling my customers what NGC thinks the coin's grade/attribution is.[/QUOTE]</p><p><br /></p>
[QUOTE="Lehigh96, post: 10468216, member: 15309"]Why not? This is very minor error on what is otherwise a premium gem 1977 Jefferson Nickel. That's insane. First, eye appeal is part of the grade, so by definition, an MS67 would be more eye appealing than an MS62. Second, the entire structure in the coin world is that condition is everything. Higher grades mean higher prices. Again, we have an MS67 graded coin with a stated price guide value of $150 and it cost me $40 to have it graded. If you are saying that they error drops the value of this coin from $150 to under $40, then what is the purpose of collecting error coins at all. If what you are saying is true, then errors are simply junk/trash. Certified coins are much more liquid than raw coins. Whenever I submit a coin for grading, I already know the grade, but my opinion doesn't count. It isn't about NGC telling me what I already know, it is about telling my customers what NGC thinks the coin's grade/attribution is.[/QUOTE]
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1977 Jefferson Nickel Error (What & How much?)
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