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Determining the Right Grade to Buy for Investor Value.
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<p>[QUOTE="Just Carl, post: 683364, member: 4552"]I think your missing one of the rather important factors in coin investing. It is basically the same as with many hobbiest items. Or similar to an Oil Painting. LIQUIDITY. Ever watch the Antique Road Show? Listen carefully as they say things like "At the right auction, this would be worth xxxx" or "At a Leather Chair with no springs aution, this would be worth xxxx".</p><p>Of course you never hear of how many have tried to sell thier objects for those fantastic prices. The reason is some of the so called special autions probably come up once every thousand years. :headbang:</p><p>This is my point with coins. You can buy a coin that should sell for a thousand, but if you can not find a buyer, guess what? You can almost always find someone to buy a $0.50 valued coin but how many people are buying a coin worth thousands? You could buy a coin graded as MS-70 but if no one wants it, so what. It's not grade for investing, it's ability to resell it.[/QUOTE]</p><p><br /></p>
[QUOTE="Just Carl, post: 683364, member: 4552"]I think your missing one of the rather important factors in coin investing. It is basically the same as with many hobbiest items. Or similar to an Oil Painting. LIQUIDITY. Ever watch the Antique Road Show? Listen carefully as they say things like "At the right auction, this would be worth xxxx" or "At a Leather Chair with no springs aution, this would be worth xxxx". Of course you never hear of how many have tried to sell thier objects for those fantastic prices. The reason is some of the so called special autions probably come up once every thousand years. :headbang: This is my point with coins. You can buy a coin that should sell for a thousand, but if you can not find a buyer, guess what? You can almost always find someone to buy a $0.50 valued coin but how many people are buying a coin worth thousands? You could buy a coin graded as MS-70 but if no one wants it, so what. It's not grade for investing, it's ability to resell it.[/QUOTE]
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