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<p>[QUOTE=&quot;huntsman53, post: 103152, member: 1242&quot;]Speedy,</p><p><br /></p><p>The reason Dealers use PCI and SEGS to slab coins is because they are cheap, the return time is quick and they are more likely to get a higher grade on the coin than other TPG&#039;s. It&#039;s all money and the quicker they can get the coin back and sell it for a profit is the key! Let&#039;s say a Dealer purchases a $1,000 bag of Morgan&#039;s for $10,000 (could be more or less depending who they buy it from) and finds 375 BU coins worth grading and slabbing. The Dealer sends the coins in for grading and pays $1,900 total for the service with shipping and they all come back as MS-65. The Dealer now has $11,900 tied up in the coins but sells the 375 Morgans for $30 to $50 at an average of $40 each (in reality they will probably sell them at much higher prices but I am just using this as an example). They also sell the remaining 625 coins for $12 each in his/her Coin Shop for a realized resale of $22,500 and all of the coins are sold in 60 days or less. Now, $10,600 profit in 2 months on just one transaction out of many is not bad in anyone&#039;s book but the Dealer&#039;s actual return on the coins will more than likely be much higher.</p><p><br /></p><p>Yes, you can get some great deals if you know grading and purchase wisely when buying coins in the PCI, SEGS and several other grading services holders! The main thing to remember is, if you ever want to profit from the purchase or purchases, then you will need to have the coins regraded and slabbed by a respectable Grading Service or break them out and sell them raw.</p><p><br /></p><p><br /></p><p>Frank[/QUOTE]</p><p><br /></p>

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