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<p>[QUOTE="John Skelton, post: 3018887, member: 92092"]So when I go to a coin shop, or even a coin show, and I see a coin in a slab, I am trying to determine what I should pay for it based on what? I would expect a slabbed coin to cost a little more than raw because of the cost of grading, but I don't know. I go through coins I have and look at PCGS auction prices for value because I figure that's the going rate for that coin. What about Heritage? I just signed up for the Hotsheet from CS, so how helpful is that? And is a coin worth more graded than one in a 2x2? I recently bought a Morgan that was in a 2x2 and may have overpaid.</p><p><br /></p><p>I am so new to this. I'm going to my first coin show in July in Missouri and it will be a great learning experience, I know. I am learning some about grading, and what to look for in coins. I am not ready to sell, won't be for a year or two, and will probably only do it through a coin shop just to establish a relationship with a dealer. </p><p><br /></p><p>I do think if the coin is what I'm looking for, I should worry about paying too much, but I'm willing to pay for the enjoyment of having the coin and being able to handle and admire it. I'm going to be filling holes in my collection, but that won't be my only objective.[/QUOTE]</p><p><br /></p>
[QUOTE="John Skelton, post: 3018887, member: 92092"]So when I go to a coin shop, or even a coin show, and I see a coin in a slab, I am trying to determine what I should pay for it based on what? I would expect a slabbed coin to cost a little more than raw because of the cost of grading, but I don't know. I go through coins I have and look at PCGS auction prices for value because I figure that's the going rate for that coin. What about Heritage? I just signed up for the Hotsheet from CS, so how helpful is that? And is a coin worth more graded than one in a 2x2? I recently bought a Morgan that was in a 2x2 and may have overpaid. I am so new to this. I'm going to my first coin show in July in Missouri and it will be a great learning experience, I know. I am learning some about grading, and what to look for in coins. I am not ready to sell, won't be for a year or two, and will probably only do it through a coin shop just to establish a relationship with a dealer. I do think if the coin is what I'm looking for, I should worry about paying too much, but I'm willing to pay for the enjoyment of having the coin and being able to handle and admire it. I'm going to be filling holes in my collection, but that won't be my only objective.[/QUOTE]
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