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<p>[QUOTE=&quot;DavidinCA, post: 1332261, member: 34905&quot;]Yes Chris, thanks for that reply.&nbsp; I have&nbsp; seen the difference between was is a DMPL surface coin as per Blu62vette&#039;s examples (thanks) and what I&#039;ve &#039;marked&#039; on my watch list on an auction site as the following coin.</p><p><br /></p><p>[ATTACH]152554.vB[/ATTACH]</p><p><br /></p><p>So a few other questions . . . is it important in a collection that if one buys already graded coins that the coins be of the same grading company?&nbsp;&nbsp; If one believes that PCGS is the most likely to provide the best service to grade, then a coin collection of all PCGS might be perceived more legitimate than a mixed collection (different grading companies) if the coins were all of the same &#039;grade&#039;.&nbsp; For instance ANACS might give MS64 to a coin whereas PCGS might only provide it an MS63 even if they both use the same standards to grade.&nbsp; Does consistency in grading company matter when compiling a collection of lets say only Morgan CC Dollars? </p><p><br /></p><p>The other thing as I witness the auction system - not ebay - but another auction site - that one coin might 14 days before the end of the auction already meet its Numismedia Wsl Price for a problem free NGC/PCGS coin.&nbsp;&nbsp; It wouldn&#039;t take more than a bid or two to reach various price guide ranges for the coin (ie Coin World, Numismedia, PCGS) etc.</p><p><br /></p><p>When purchasing at an auction, one might pay more for a good DMPL because of competition of buyers pushing up the price, but is there a point where buying above Price Guide Pricing is not a good thing.&nbsp; For instance we all have a budget and let&#039;s say it&#039;s the $1,000 per coin that David Bowers suggests.&nbsp;&nbsp; Certainly some MS64 can be gotten for half that . . but at what point does one say no, that&#039;s too much and therefore even though I like the coin, it&#039;s still just a coin.&nbsp;&nbsp; Is it important that if one likes a coin that they be first to make a bid, making their bid the highest they will go so that one more or less doesn&#039;t emotionally get involved with the bidding process?</p><p><br /></p><p>I suppose there is a market cycle to coins - just like the stock market - in that one doesn&#039;t want to be paying top dollar for a coin when the coin market is at its peak.&nbsp; How does one determine if one is at the top of the buying cycle or not?&nbsp;&nbsp; I&#039;ve been reading that the Morgan prices still haven&#039;t reached the frenzy of 1980 time frame and therefore could have a few years left to potentially go higher in terms of &#039;quality&#039; coins.&nbsp;&nbsp; Are higher graded coins likely to fluctuate with silver prices, or is that something lower graded coins have the potential to do more so because their &#039;value&#039; is more tied to the melt value versus a higher graded coin has more artistic/numismatic value?[/QUOTE]</p><p><br /></p>

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