Log in or Sign up
Coin Talk
Home
Forums
>
Coin Forums
>
US Coins Forum
>
Details Coins
>
Reply to Thread
Message:
<p>[QUOTE="johnmilton, post: 8291959, member: 101855"]It sounds like no answer is going to please you, but I will give you this one based on 60+ years of experience.</p><p><br /></p><p>When prices on straight graded coins, the "details coins" often, but always follow suit. The trouble is the price increase for them will almost always be less, percentage wise, and the coin will still be harder to sell. It's much harder to get a good price for a "yes but" coin than it is for one that has no problems. With a no problem coin, the only question is really the price, and does the dealer need it in his inventory?</p><p><br /></p><p>That's one of the reasons why I almost always avoid "details" coins. The other is that the defect will almost always bug me, and I will never the full enjoyment out of the piece as a collector.</p><p><br /></p><p><br /></p><p><br /></p><p>And sometimes, if you know how to grade coins, the "details" coin might come back straight graded the next time. In the old days, you didn't get "details" coins in slabs. They came back in "body bags." I had coins get body bags from one of the two leading grading services and come back graded from the other. I've had it go both ways. Yes, NGC refused to grade it, but PCGS did.</p><p><br /></p><p>This 1858 Flying Eagle Cent got a body bag from PCGS for "questionable toning." NGC straight graded it MS-64, which was the right grade in my opinion.</p><p><br /></p><p>[ATTACH=full]1465928[/ATTACH]</p><p><br /></p><p>I once owned a bright white 1839-O half dollar that got a body bag from NGC, but a straight MS-63 grade from PCGS.</p><p><br /></p><p>I think I know about a much about grading as anyone who works for the major firms. The trouble is they have to do it very fast, and I am no "jack rabbit" I would also get burnt out very quickly in that job.[/QUOTE]</p><p><br /></p>
[QUOTE="johnmilton, post: 8291959, member: 101855"]It sounds like no answer is going to please you, but I will give you this one based on 60+ years of experience. When prices on straight graded coins, the "details coins" often, but always follow suit. The trouble is the price increase for them will almost always be less, percentage wise, and the coin will still be harder to sell. It's much harder to get a good price for a "yes but" coin than it is for one that has no problems. With a no problem coin, the only question is really the price, and does the dealer need it in his inventory? That's one of the reasons why I almost always avoid "details" coins. The other is that the defect will almost always bug me, and I will never the full enjoyment out of the piece as a collector. And sometimes, if you know how to grade coins, the "details" coin might come back straight graded the next time. In the old days, you didn't get "details" coins in slabs. They came back in "body bags." I had coins get body bags from one of the two leading grading services and come back graded from the other. I've had it go both ways. Yes, NGC refused to grade it, but PCGS did. This 1858 Flying Eagle Cent got a body bag from PCGS for "questionable toning." NGC straight graded it MS-64, which was the right grade in my opinion. [ATTACH=full]1465928[/ATTACH] I once owned a bright white 1839-O half dollar that got a body bag from NGC, but a straight MS-63 grade from PCGS. I think I know about a much about grading as anyone who works for the major firms. The trouble is they have to do it very fast, and I am no "jack rabbit" I would also get burnt out very quickly in that job.[/QUOTE]
Your name or email address:
Do you already have an account?
No, create an account now.
Yes, my password is:
Forgot your password?
Stay logged in
Coin Talk
Home
Forums
>
Coin Forums
>
US Coins Forum
>
Details Coins
>
Home
Home
Quick Links
Search Forums
Recent Activity
Recent Posts
Forums
Forums
Quick Links
Search Forums
Recent Posts
Competitions
Competitions
Quick Links
Competition Index
Rules, Terms & Conditions
Gallery
Gallery
Quick Links
Search Media
New Media
Showcase
Showcase
Quick Links
Search Items
Most Active Members
New Items
Directory
Directory
Quick Links
Directory Home
New Listings
Members
Members
Quick Links
Notable Members
Current Visitors
Recent Activity
New Profile Posts
Sponsors
Menu
Search
Search titles only
Posted by Member:
Separate names with a comma.
Newer Than:
Search this thread only
Search this forum only
Display results as threads
Useful Searches
Recent Posts
More...