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2014 Kennedy Two Coin P & D First Day Denver Sale
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<p>[QUOTE="19Lyds, post: 1959294, member: 15929"]As with anything, when dealing with modern mint products, there is a certain risk involved.</p><p><br /></p><p>Will you get your product in time to optimize your grading expenditures?</p><p>Once you receive grades, will they be high enough to cover your costs?</p><p>Will you be able to get your coins to market before the other guy?</p><p><br /></p><p>All these factor into your potential profit which, in some cases, can be HUGE and in other cases, not so much.</p><p><br /></p><p>I once discovered the DDR for the 2009-S Lincon Formative Years proof coin and while my coin was out making the snail mail rounds between attributers for their records, another fellow came along and sold his for $2,500!</p><p>My attempts at selling did not fare nearly as well.</p><p><br /></p><p>It was all about getting to Market 1st.</p><p><br /></p><p>Of course, nowadays folks are pushing the envelope even further by "pre-selling" MS68 and MS69 First Strike or ANA Coins in the hopes that they score these grades.</p><p><br /></p><p>Getting to Market 1st can mean profits or losses. The shear volume of coins acquired and submitted can sometimes alleviate the losses or bolster the profits.</p><p><br /></p><p>As the last straw, losses can be deductible.[/QUOTE]</p><p><br /></p>
[QUOTE="19Lyds, post: 1959294, member: 15929"]As with anything, when dealing with modern mint products, there is a certain risk involved. Will you get your product in time to optimize your grading expenditures? Once you receive grades, will they be high enough to cover your costs? Will you be able to get your coins to market before the other guy? All these factor into your potential profit which, in some cases, can be HUGE and in other cases, not so much. I once discovered the DDR for the 2009-S Lincon Formative Years proof coin and while my coin was out making the snail mail rounds between attributers for their records, another fellow came along and sold his for $2,500! My attempts at selling did not fare nearly as well. It was all about getting to Market 1st. Of course, nowadays folks are pushing the envelope even further by "pre-selling" MS68 and MS69 First Strike or ANA Coins in the hopes that they score these grades. Getting to Market 1st can mean profits or losses. The shear volume of coins acquired and submitted can sometimes alleviate the losses or bolster the profits. As the last straw, losses can be deductible.[/QUOTE]
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2014 Kennedy Two Coin P & D First Day Denver Sale
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