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<p>[QUOTE="johnmilton, post: 3900719, member: 101855"]When I was dealer, I could make money by getting raw coins graded and by cracking out coins that I thought were under graded. The fees have gone up a lot since I retired. Frankly I don’t want to mess with it, given the expense. The best advice for collectors is to buy the coin in the holder that you wanted in the first place. Don't count or cross-overs to get you to where you want to be.</p><p><br /></p><p>Dealers, who handle a lot of coins, can make money by having their coins graded. If they send in a lot of coins, and have some ability to grade coins, the law of averages should put them ahead. Collectors, who send in a limited number of coins, are less likely to do well.</p><p><br /></p><p>I only have faith in NGC and PCGS graded material and that is tempered by my grading observations. The other companies don’t have the market clout to make that much of a difference. You can believe in CAC if you want to, but blind faith in them is not wise. The service is not perfect, and you can get stuck if you pay too much of a premium for the sticker, or if the coin happens to be over graded. CAC has stickered some coins that didn’t make the grade.[/QUOTE]</p><p><br /></p>
[QUOTE="johnmilton, post: 3900719, member: 101855"]When I was dealer, I could make money by getting raw coins graded and by cracking out coins that I thought were under graded. The fees have gone up a lot since I retired. Frankly I don’t want to mess with it, given the expense. The best advice for collectors is to buy the coin in the holder that you wanted in the first place. Don't count or cross-overs to get you to where you want to be. Dealers, who handle a lot of coins, can make money by having their coins graded. If they send in a lot of coins, and have some ability to grade coins, the law of averages should put them ahead. Collectors, who send in a limited number of coins, are less likely to do well. I only have faith in NGC and PCGS graded material and that is tempered by my grading observations. The other companies don’t have the market clout to make that much of a difference. You can believe in CAC if you want to, but blind faith in them is not wise. The service is not perfect, and you can get stuck if you pay too much of a premium for the sticker, or if the coin happens to be over graded. CAC has stickered some coins that didn’t make the grade.[/QUOTE]
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