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<p>[QUOTE="BooksB4Coins, post: 2726251, member: 36230"]So, and please correct me if wrong, you're buying raw to get the coins "cheap", and plan on submitting to reap the rewards once slabbed? Sounds good, I agree, but doesn't always work out so nicely. Unfortunately, you first need to ask yourself why sellers are willingly leaving money on the table when all they'd need to do is submit in order to put it in their own pocket. There can, of course, be many reasons as to why they didn't - as one example of many: listing as an auction and expecting a higher price than was achieved - but is still something that anyone in your apparent situation needs to consider, especially if buying from experienced sellers or dealers. Purchasing from and hoping to profit off of such a person can be akin to buying a fixer-upper car from a mechanic, expecting to fix some small nothing, and reselling for a profit. If it was so easy, and there are no other issues, they likely would've done it themselves, and is often the same with coins.</p><p><br /></p><p>Rick was only trying to help you, and gave excellent advice. The fact is that there's a lot more to "grading" than simply looking at a coin and slapping a number on it. Are you able to properly identify the large number of different problems/issues that can keep a coin from grading? Can you identify counterfeits? Are you aware of differing standards used by the different services? If not, you may want to take the man's suggestion to heart; he's only trying to save you from wasting money and/or making mistakes that could permanently bury you in the coins submitted.</p><p><br /></p><p>Rick was also on point with what he said about the cheapest not always being the best. Just a few factors that should be considered are liquidity, market acceptance, achieved prices, and individual TPG standards. There absolutely can be instances where paying up to get the right coin in the right holder will pay off much more than any amount saved by taking the cheaper plastic option. Experience, knowledge, and familiarity come into play with all of the above, and since you new to submitting, please do consider taking to heart the advice that has been offered. You will lose nothing, and can only gain, by doing so. Best of luck either way, and welcome to the forum.[/QUOTE]</p><p><br /></p>
[QUOTE="BooksB4Coins, post: 2726251, member: 36230"]So, and please correct me if wrong, you're buying raw to get the coins "cheap", and plan on submitting to reap the rewards once slabbed? Sounds good, I agree, but doesn't always work out so nicely. Unfortunately, you first need to ask yourself why sellers are willingly leaving money on the table when all they'd need to do is submit in order to put it in their own pocket. There can, of course, be many reasons as to why they didn't - as one example of many: listing as an auction and expecting a higher price than was achieved - but is still something that anyone in your apparent situation needs to consider, especially if buying from experienced sellers or dealers. Purchasing from and hoping to profit off of such a person can be akin to buying a fixer-upper car from a mechanic, expecting to fix some small nothing, and reselling for a profit. If it was so easy, and there are no other issues, they likely would've done it themselves, and is often the same with coins. Rick was only trying to help you, and gave excellent advice. The fact is that there's a lot more to "grading" than simply looking at a coin and slapping a number on it. Are you able to properly identify the large number of different problems/issues that can keep a coin from grading? Can you identify counterfeits? Are you aware of differing standards used by the different services? If not, you may want to take the man's suggestion to heart; he's only trying to save you from wasting money and/or making mistakes that could permanently bury you in the coins submitted. Rick was also on point with what he said about the cheapest not always being the best. Just a few factors that should be considered are liquidity, market acceptance, achieved prices, and individual TPG standards. There absolutely can be instances where paying up to get the right coin in the right holder will pay off much more than any amount saved by taking the cheaper plastic option. Experience, knowledge, and familiarity come into play with all of the above, and since you new to submitting, please do consider taking to heart the advice that has been offered. You will lose nothing, and can only gain, by doing so. Best of luck either way, and welcome to the forum.[/QUOTE]
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