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<p>[QUOTE=&quot;Collect89, post: 727920, member: 15445&quot;]<b>a friend of a friend.....</b></p><p><br /></p><p><br /></p><p>&nbsp;</p><p><span style="color: black"><font face="Verdana">A friend of a friend asked me to look at his investment coins which he purchased back in 1988-89.&nbsp; They were all neatly sealed in soft plastic flips with very official looking labels stating that each coin graded MS65.&nbsp; &nbsp; They were all common date generic Morgans &amp; Saints in &quot;about MS65&quot;.&nbsp; This guy had paid more than $1000 each for raw common date MS65 Morgans that nobody wants today.&nbsp; The guy that took his money diversified the collection by adding a PF V-nickel, an MS barber dime, and a couple early Washington quarters.&nbsp; The nickel was worth about $450 and the dime was worth about $200 in today’s market.&nbsp; The Washington quarters are probably worth $50 each today.&nbsp; He couldn’t remember what he paid for these minor coins in 1989 but it was much (much) more.&nbsp; It will be a very long time before he recoups his investment which was tens of thousands of dollars in 1989.</font></span></p><p><br /></p><p><span style="color: black"><font face="Verdana">I gave him my grading opinion &amp; let him review my grey sheet.&nbsp; He ended up sending all the coins to NGC and essentially got the grades we told him to expect.&nbsp; I understand that one of the Saints that I graded 65 came back 66.&nbsp; It is a pretty coin but it is a generic coin &amp; he will never get his money back.&nbsp; &nbsp; </font></span>[/QUOTE]</p><p><br /></p>

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