Log in or Sign up
Coin Talk
Home
Forums
>
Coin Forums
>
Coin Chat
>
Beware NTC
>
Reply to Thread
Message:
<p>[QUOTE="samjimmy, post: 159589, member: 3813"]I don't see why not, nor do I feel that any grading company's grade determines a coin's value.</p><p><br /></p><p>If grading were an absolute science I would agree with you. It isn't, so I don't.</p><p><br /></p><p>Again, there is so much disparity between coins that are graded the same (either varying grades of the same graded coin, toning, etc.) that I don't see how this is different. A MS61 coin is not a MS61 coin is not a MS61 coin, far as I've ever seen. If all MS61 coins were *exactly* alike, then I would understand (and agree) with your point of view.</p><p><br /></p><p>One of you is incorrect...</p><p><br /></p><p><a href="http://www.ngccoin.com/faqs.asp#question10" target="_blank" class="externalLink ProxyLink" data-proxy-href="http://www.ngccoin.com/faqs.asp#question10" rel="nofollow">http://www.ngccoin.com/faqs.asp#question10</a></p><p><br /></p><p>" <b><span style="color: red">The vast majority of coin buyers today purchase coins on a "sight seen" basis</span></b> and choose only those coins that meet their criteria, that is, they posses the qualities that are most important to them."</p><p><br /></p><p>While I might agree that they might not want to own problem coins, grading and clearing labeling a coin as a problem coin makes it clear which coins <i>are</i> problem coins, and if someone submits a coin (and pays for the grading opinion) I see NO reason why a coin could not be graded as such.</p><p><br /></p><p>A coin is "worth" what someone is willing to pay for it. That may be more or less than whatever guide or sheet says it's "worth." If someone is willing to pay the same price for a cleaned coin as an uncleaned one, then the cleaned one is "worth" the same. Many people it's worth less, and how much less is again, what someone is willing to pay.</p><p><br /></p><p>How much is my uncleaned 1897 PF63 Proof Barber 50c "worth?" Depending on what site, guide or sheet you look at, it will vary. I can tell you how much I bought it for (which might be less or might be more). How much would it be worth if it were cleaned? Only 731 were ever minted (no telling how many actually exist out of that number) and assuming all minted still exist, there's only 730 left for the rest of you, in any grade, cleaned or uncleaned.[/QUOTE]</p><p><br /></p>
[QUOTE="samjimmy, post: 159589, member: 3813"]I don't see why not, nor do I feel that any grading company's grade determines a coin's value. If grading were an absolute science I would agree with you. It isn't, so I don't. Again, there is so much disparity between coins that are graded the same (either varying grades of the same graded coin, toning, etc.) that I don't see how this is different. A MS61 coin is not a MS61 coin is not a MS61 coin, far as I've ever seen. If all MS61 coins were *exactly* alike, then I would understand (and agree) with your point of view. One of you is incorrect... [url]http://www.ngccoin.com/faqs.asp#question10[/url] " [b][color="red"]The vast majority of coin buyers today purchase coins on a "sight seen" basis[/color][/b] and choose only those coins that meet their criteria, that is, they posses the qualities that are most important to them." While I might agree that they might not want to own problem coins, grading and clearing labeling a coin as a problem coin makes it clear which coins [i]are[/i] problem coins, and if someone submits a coin (and pays for the grading opinion) I see NO reason why a coin could not be graded as such. A coin is "worth" what someone is willing to pay for it. That may be more or less than whatever guide or sheet says it's "worth." If someone is willing to pay the same price for a cleaned coin as an uncleaned one, then the cleaned one is "worth" the same. Many people it's worth less, and how much less is again, what someone is willing to pay. How much is my uncleaned 1897 PF63 Proof Barber 50c "worth?" Depending on what site, guide or sheet you look at, it will vary. I can tell you how much I bought it for (which might be less or might be more). How much would it be worth if it were cleaned? Only 731 were ever minted (no telling how many actually exist out of that number) and assuming all minted still exist, there's only 730 left for the rest of you, in any grade, cleaned or uncleaned.[/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
>
Coin Chat
>
Beware NTC
>
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...