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<p>[QUOTE="dougsmit, post: 7782138, member: 19463"]I really liked the thoughts in this post except for point #3 which I would prefer omitted. After we buy a coin, we are better off not considering the current market value until we get to a point that we no longer want the coin and want to sell it. If you start out thinking just how happy you would be if you no longer owned the coin, it would seem best not to have bought it in the first place. If all the coins are to you is an investment, there are better returns available. If you sell a coin you like, you no longer have it. I try to sell coins that no longer thrill me and keep the ones that still do even more than when they were first purchased. What would my favorite coins bring if sold? I won't know. </p><p><br /></p><p><br /></p><p>Remember the reason slabs were invented was to open the market up to people with no desire to learn for themselves and facilitate trading without involving anyone with a clue. They have succeeded rather well. </p><p><br /></p><p><br /></p><p>Thanks for the information. The text does not say each point is 20% of the population of the coins they have graded but 20% of the condition span from worst, through middle to superb taking into account either strike or surfaces. The fact that a coin is graded 4/5 does not mean that there exists any 5/5 beauties or 1/5 dogs but just that the coin is only part way down the path from excellent to awful. Again, I would use the Poros dekadrachms as an example. The best I have seen </p><p><a href="https://www.acsearch.info/search.html?id=1178661" target="_blank" class="externalLink ProxyLink" data-proxy-href="https://www.acsearch.info/search.html?id=1178661" rel="nofollow">https://www.acsearch.info/search.html?id=1178661</a></p><p>might be 3/5 for strike and there are some that are 1/5 only because 0/5 was not an option. I do wonder how many of these have been slabbed. </p><p>Heritage did sell one graded NGC Fine 4/5 - 1/5. which may actually be correct at 4/5 for strike. The surfaces make it hard to photograph. Surface 1/5 is certain.</p><p><a href="https://www.acsearch.info/search.html?id=5877710" target="_blank" class="externalLink ProxyLink" data-proxy-href="https://www.acsearch.info/search.html?id=5877710" rel="nofollow">https://www.acsearch.info/search.html?id=5877710</a>[/QUOTE]</p><p><br /></p>
[QUOTE="dougsmit, post: 7782138, member: 19463"]I really liked the thoughts in this post except for point #3 which I would prefer omitted. After we buy a coin, we are better off not considering the current market value until we get to a point that we no longer want the coin and want to sell it. If you start out thinking just how happy you would be if you no longer owned the coin, it would seem best not to have bought it in the first place. If all the coins are to you is an investment, there are better returns available. If you sell a coin you like, you no longer have it. I try to sell coins that no longer thrill me and keep the ones that still do even more than when they were first purchased. What would my favorite coins bring if sold? I won't know. Remember the reason slabs were invented was to open the market up to people with no desire to learn for themselves and facilitate trading without involving anyone with a clue. They have succeeded rather well. Thanks for the information. The text does not say each point is 20% of the population of the coins they have graded but 20% of the condition span from worst, through middle to superb taking into account either strike or surfaces. The fact that a coin is graded 4/5 does not mean that there exists any 5/5 beauties or 1/5 dogs but just that the coin is only part way down the path from excellent to awful. Again, I would use the Poros dekadrachms as an example. The best I have seen [URL]https://www.acsearch.info/search.html?id=1178661[/URL] might be 3/5 for strike and there are some that are 1/5 only because 0/5 was not an option. I do wonder how many of these have been slabbed. Heritage did sell one graded NGC Fine 4/5 - 1/5. which may actually be correct at 4/5 for strike. The surfaces make it hard to photograph. Surface 1/5 is certain. [URL]https://www.acsearch.info/search.html?id=5877710[/URL][/QUOTE]
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