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Determining the Right Grade to Buy for Investor Value.
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<p>[QUOTE="illini420, post: 683630, member: 19423"]That's exactly right BNB, every coin is unique and that's why you can't rely just on a price guide to value it. You've already seen since you've owned 3 MS65 '85-CC Morgans that not all of them are equal, and neither should their price be equal. That's why all of the prices in the Bluesheet (used to buy sight-unseen slabbed coins) are so ridiculously low as the prices practically assume that the coin will be the worst possible for the grade. Unless you are lucky, if you're buying at a low end price for the grade, you'll end up with a low end coin for the grade.</p><p> </p><p>From what the old time dealers have told me, investors tried to get into coins pretty big in the 1980s and they failed big time because they were buying based on the grade on the holder and not on the coin itself. So the investors ended up with a bunch of bad for the grade coins that upon sale didn't realize nearly the cash that the investors though they were worth.[/QUOTE]</p><p><br /></p>
[QUOTE="illini420, post: 683630, member: 19423"]That's exactly right BNB, every coin is unique and that's why you can't rely just on a price guide to value it. You've already seen since you've owned 3 MS65 '85-CC Morgans that not all of them are equal, and neither should their price be equal. That's why all of the prices in the Bluesheet (used to buy sight-unseen slabbed coins) are so ridiculously low as the prices practically assume that the coin will be the worst possible for the grade. Unless you are lucky, if you're buying at a low end price for the grade, you'll end up with a low end coin for the grade. From what the old time dealers have told me, investors tried to get into coins pretty big in the 1980s and they failed big time because they were buying based on the grade on the holder and not on the coin itself. So the investors ended up with a bunch of bad for the grade coins that upon sale didn't realize nearly the cash that the investors though they were worth.[/QUOTE]
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