Log in or Sign up
Coin Talk
Home
Forums
>
Coin Forums
>
US Coins Forum
>
Advice on a seated liberty dollar
>
Reply to Thread
Message:
<p>[QUOTE="geekpryde, post: 1699767, member: 36248"]Doug, I believe you don't think too highly of people who overly depend on NGC & PCGS, and have no idea how to grade most series on their own, yet still spend money on coins. I respect you for that and a lot of other reasons; but I am one of those people. I don't trust myself to grade raw coins via photographs except maybe Morgan dollars, and if you ask MorganDude, I can't even do that. </p><p><br /></p><p>I have NOT established a robust relationship with a trusted dealer which you insists eliminates most coin buying problems, however, I agree your method is an ideal way to buy coins.</p><p><br /></p><p>Lately I'm mostly buying coins that are PCGS or NGC graded, with the additional stamp of approval from CAC. Now, this is not the cheapest way to buy coins (no gambling for me), but all the coins I have purchased this way tend to be within their normal price range for the coin in question based on recent past completed auctions. I assume there are many people like me who don't spend enough time or money with any single online/local dealer to establish a trusted relationship, or prefer to cast a wider net to consider coins from hundreds of dealers.</p><p><br /></p><p>I have a question for you: <u>Does a PCGS + CAC or NGC + CAC not constitute a similar safety net, minus the relationship part</u>? I can't necessarily return a coin in all cases, but I am benefitting from a trusted TPG name, years of experience, and two independent opinions on the grade, an opinion on eye appeal, etc. I believe this also in a safe way to avoid fake and harshly cleaned coins. It also make the coins more liquid should I choose to sell, much the same way a coin dealer may buy back a coin a few years down the road.</p><p><br /></p><p>What are your thoughts?[/QUOTE]</p><p><br /></p>
[QUOTE="geekpryde, post: 1699767, member: 36248"]Doug, I believe you don't think too highly of people who overly depend on NGC & PCGS, and have no idea how to grade most series on their own, yet still spend money on coins. I respect you for that and a lot of other reasons; but I am one of those people. I don't trust myself to grade raw coins via photographs except maybe Morgan dollars, and if you ask MorganDude, I can't even do that. I have NOT established a robust relationship with a trusted dealer which you insists eliminates most coin buying problems, however, I agree your method is an ideal way to buy coins. Lately I'm mostly buying coins that are PCGS or NGC graded, with the additional stamp of approval from CAC. Now, this is not the cheapest way to buy coins (no gambling for me), but all the coins I have purchased this way tend to be within their normal price range for the coin in question based on recent past completed auctions. I assume there are many people like me who don't spend enough time or money with any single online/local dealer to establish a trusted relationship, or prefer to cast a wider net to consider coins from hundreds of dealers. I have a question for you: [U]Does a PCGS + CAC or NGC + CAC not constitute a similar safety net, minus the relationship part[/U]? I can't necessarily return a coin in all cases, but I am benefitting from a trusted TPG name, years of experience, and two independent opinions on the grade, an opinion on eye appeal, etc. I believe this also in a safe way to avoid fake and harshly cleaned coins. It also make the coins more liquid should I choose to sell, much the same way a coin dealer may buy back a coin a few years down the road. What are your thoughts?[/QUOTE]
Your name or email address:
Do you already have an account?
No, create an account now.
Yes, my password is:
Forgot your password?
Stay logged in
Coin Talk
Home
Forums
>
Coin Forums
>
US Coins Forum
>
Advice on a seated liberty dollar
>
Home
Home
Quick Links
Search Forums
Recent Activity
Recent Posts
Forums
Forums
Quick Links
Search Forums
Recent Posts
Competitions
Competitions
Quick Links
Competition Index
Rules, Terms & Conditions
Gallery
Gallery
Quick Links
Search Media
New Media
Showcase
Showcase
Quick Links
Search Items
Most Active Members
New Items
Directory
Directory
Quick Links
Directory Home
New Listings
Members
Members
Quick Links
Notable Members
Current Visitors
Recent Activity
New Profile Posts
Sponsors
Menu
Search
Search titles only
Posted by Member:
Separate names with a comma.
Newer Than:
Search this thread only
Search this forum only
Display results as threads
Useful Searches
Recent Posts
More...