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<p>[QUOTE="BALD SPARTAN, post: 1133215, member: 22484"]Welcome to CT!! First of let me say that the following is just my opinion and should be taken as so. Hopefully many others will give you there opinions also. Thats what makes CT so great.I think your on the right track buying from the top grading companies as a new collector. I would suggest that you buy coins that you really enjoy as a collector. All modern coins can be bought at a fraction of a price in lower grades as MS68, MS69 compared to the pricey MS70 coins you purchased and very few could tell the difference in them therfore many buyers will opt for the cheaper coin. Simply the amount of modern coins produced and graded as MS70 coins cause many to doubt (myself included) that buyers of these coins will ever see a profit. Buying coins from NGC and PCGS are great ways to purchase nice coins but be sure to buy the coin for yourself and not because it is in their holder with their name on it. If you are more into investing than collecting as a hobby I would look into studying up on precious medals(gold and silver) as possible avenues. The presidential dollars are numerous in MS70 and contain no precious metal. I dont think any of them will hold much value in the long run for those reasons. IMO MS70 is way overated and should be left alone.[/QUOTE]</p><p><br /></p>
[QUOTE="BALD SPARTAN, post: 1133215, member: 22484"]Welcome to CT!! First of let me say that the following is just my opinion and should be taken as so. Hopefully many others will give you there opinions also. Thats what makes CT so great.I think your on the right track buying from the top grading companies as a new collector. I would suggest that you buy coins that you really enjoy as a collector. All modern coins can be bought at a fraction of a price in lower grades as MS68, MS69 compared to the pricey MS70 coins you purchased and very few could tell the difference in them therfore many buyers will opt for the cheaper coin. Simply the amount of modern coins produced and graded as MS70 coins cause many to doubt (myself included) that buyers of these coins will ever see a profit. Buying coins from NGC and PCGS are great ways to purchase nice coins but be sure to buy the coin for yourself and not because it is in their holder with their name on it. If you are more into investing than collecting as a hobby I would look into studying up on precious medals(gold and silver) as possible avenues. The presidential dollars are numerous in MS70 and contain no precious metal. I dont think any of them will hold much value in the long run for those reasons. IMO MS70 is way overated and should be left alone.[/QUOTE]
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