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<p>[QUOTE="MercuryBen, post: 3209230, member: 44521"]That is an excellent question that nicely highlights how collectors view the hobby in different ways. I do understand your perspective, even though I have a very different viewpoint on coin collecting.</p><p><br /></p><p>There can certainly be disagreement about whether a coin will or should upgrade upon resubmission. But that is a separate question.</p><p><br /></p><p>First, from my perspective, assuming a coin will upgrade (again, big assumption that is a separate question) resubmitting is the only economically rational position to take, even if you have not current intent to sell. Tastes changes, upgrades come along, etc. so it is always makes to maximize value if possible. Even if you NEVER sell, you don't live forever and you can't take it with you. Every coin is ultimately sold. At best, collectors are merely "leasing" coins for a lifetime. And I personally prefer to get the best deal out of my lease, ideally not paying anything or ending up in the positive.</p><p><br /></p><p>But much more importantly, merely owning and admiring a coin gets a bit boring for me. That is not why I collect coins. What I enjoy most is the thrill of the hunt: finding an undergraded coin, recognizing it, and having validation that I was correct under current grading standards, all while increasing the market value of my collection. It also helps me improve my grading skills. It is through trial and error that I consider myself one of the better Mercury Dime graders in the market. To me, this process is what makes coin collecting fun and intellectually stimulating.</p><p><br /></p><p>Finally, as an aside, I would like it TrueViewed, so one way or another I am going to submit it to PCGS and pay for it to be reholdered and photographed. So I may as well pay a little bit more for reconsideration. I keep all my coins in a safety deposit box which I only visit every month or so, so my day-to-day enjoyment derives from viewing the photographs.[/QUOTE]</p><p><br /></p>
[QUOTE="MercuryBen, post: 3209230, member: 44521"]That is an excellent question that nicely highlights how collectors view the hobby in different ways. I do understand your perspective, even though I have a very different viewpoint on coin collecting. There can certainly be disagreement about whether a coin will or should upgrade upon resubmission. But that is a separate question. First, from my perspective, assuming a coin will upgrade (again, big assumption that is a separate question) resubmitting is the only economically rational position to take, even if you have not current intent to sell. Tastes changes, upgrades come along, etc. so it is always makes to maximize value if possible. Even if you NEVER sell, you don't live forever and you can't take it with you. Every coin is ultimately sold. At best, collectors are merely "leasing" coins for a lifetime. And I personally prefer to get the best deal out of my lease, ideally not paying anything or ending up in the positive. But much more importantly, merely owning and admiring a coin gets a bit boring for me. That is not why I collect coins. What I enjoy most is the thrill of the hunt: finding an undergraded coin, recognizing it, and having validation that I was correct under current grading standards, all while increasing the market value of my collection. It also helps me improve my grading skills. It is through trial and error that I consider myself one of the better Mercury Dime graders in the market. To me, this process is what makes coin collecting fun and intellectually stimulating. Finally, as an aside, I would like it TrueViewed, so one way or another I am going to submit it to PCGS and pay for it to be reholdered and photographed. So I may as well pay a little bit more for reconsideration. I keep all my coins in a safety deposit box which I only visit every month or so, so my day-to-day enjoyment derives from viewing the photographs.[/QUOTE]
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