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Determining the Right Grade to Buy for Investor Value.
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<p>[QUOTE="Cloudsweeper99, post: 683366, member: 3011"]My answer probably won't be satisfactory to you or most others. I think the better return will come from lower grade coins that are truly scarce and not scarce for the grade. So if two coins are both selling for $600 [assuming it is a fair price for both], and one is MS63 and the other is VF, I would choose the VF for return possibilities. Real scarcity beats conditional scarcity in my book.</p><p><br /></p><p>Regarding your theory, I don't think the coin market is liquid enough, or the coins identical enough to track price volitility in the manner you describe. Coins as investments have more in common with real estate investments than currencies or stocks. Coins at identical grades can sell for different prices on the same day because of things like eye appear and other intangibles.[/QUOTE]</p><p><br /></p>
[QUOTE="Cloudsweeper99, post: 683366, member: 3011"]My answer probably won't be satisfactory to you or most others. I think the better return will come from lower grade coins that are truly scarce and not scarce for the grade. So if two coins are both selling for $600 [assuming it is a fair price for both], and one is MS63 and the other is VF, I would choose the VF for return possibilities. Real scarcity beats conditional scarcity in my book. Regarding your theory, I don't think the coin market is liquid enough, or the coins identical enough to track price volitility in the manner you describe. Coins as investments have more in common with real estate investments than currencies or stocks. Coins at identical grades can sell for different prices on the same day because of things like eye appear and other intangibles.[/QUOTE]
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