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<p>[QUOTE="medoraman, post: 1789530, member: 26302"]I would say deep down most of us cherrypick to an extent.</p><p> </p><p>I mean, I know what classic cherrypicking is. But what about someone who scours auction catalogs and finds a coin that normally goes for $10,000 and only pays $6,000 for it? Its a different scope, but same idea. So, based upon that premise, I think most people who pick coins out of dealer inventory, (as opposed to just buying group lots), are effectively cherrypicking. They are buying a coin at a price/condition range they believe is either fair or undervalued.</p><p> </p><p>Examples would be going through a dealers proof sets or junk bins and picking out "better" items at a low price. However, I would say buying a VG 1916d dime from a dealer for a couple hundred under greysheet is also cherrypicking, or buying something slabbed as a 62 when you believe its a 63, etc.[/QUOTE]</p><p><br /></p>
[QUOTE="medoraman, post: 1789530, member: 26302"]I would say deep down most of us cherrypick to an extent. I mean, I know what classic cherrypicking is. But what about someone who scours auction catalogs and finds a coin that normally goes for $10,000 and only pays $6,000 for it? Its a different scope, but same idea. So, based upon that premise, I think most people who pick coins out of dealer inventory, (as opposed to just buying group lots), are effectively cherrypicking. They are buying a coin at a price/condition range they believe is either fair or undervalued. Examples would be going through a dealers proof sets or junk bins and picking out "better" items at a low price. However, I would say buying a VG 1916d dime from a dealer for a couple hundred under greysheet is also cherrypicking, or buying something slabbed as a 62 when you believe its a 63, etc.[/QUOTE]
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