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Grading an Error from a U.S. Special Mint Set...
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<p>[QUOTE="JCro57, post: 4673257, member: 92083"][USER=67639]@StevenHarden[/USER]</p><p><br /></p><p>I can tell you that in my circle of close error collector friends, we PREFER buying errors RAW than certified. We are not opposed to certified coins (I buy them regularly), but I do prefer raw. I don't sell my coins either, and yes, they tend to sell better if certified.</p><p><br /></p><p>But nless it is truly a whopper of an error, most error collectors I know prefer to buy them uncertified for a couple reasons:</p><p><br /></p><p>(1) They are easier to store in flips than in holders.</p><p><br /></p><p>(2) NGC, ANACS, and ICG are not all that good in terms of correctly identifying, attributing, and labeling errors. I have about 30-40 certified coins from these companies that are flat out wrong OR they slabbed a coin that is actually damaged significantly. I am not talking an error on the label; I am talking the error type was incorrectly identified. (PCGS is far better and more trusted, and coins in PCGS do tend to sell better and for more money).</p><p><br /></p><p>(3) Sometimes there isn't enough room on a label to list all the errors and they get left off the label. Now try and sell it and say "hey, it also has an "X" and "Y" error." Many inexperienced collectors won't believe you because "well, that isn't on the label."</p><p><br /></p><p>If I have a major error that I want to protect by putting it in a slab, want the most people to consider buying it, and trust the error type will be properly attributed by someone who knows what they are doing (e.g. [USER=86437]@Fred Weinberg[/USER]), I send them to PCGS. Everything else I leave raw.[/QUOTE]</p><p><br /></p>
[QUOTE="JCro57, post: 4673257, member: 92083"][USER=67639]@StevenHarden[/USER] I can tell you that in my circle of close error collector friends, we PREFER buying errors RAW than certified. We are not opposed to certified coins (I buy them regularly), but I do prefer raw. I don't sell my coins either, and yes, they tend to sell better if certified. But nless it is truly a whopper of an error, most error collectors I know prefer to buy them uncertified for a couple reasons: (1) They are easier to store in flips than in holders. (2) NGC, ANACS, and ICG are not all that good in terms of correctly identifying, attributing, and labeling errors. I have about 30-40 certified coins from these companies that are flat out wrong OR they slabbed a coin that is actually damaged significantly. I am not talking an error on the label; I am talking the error type was incorrectly identified. (PCGS is far better and more trusted, and coins in PCGS do tend to sell better and for more money). (3) Sometimes there isn't enough room on a label to list all the errors and they get left off the label. Now try and sell it and say "hey, it also has an "X" and "Y" error." Many inexperienced collectors won't believe you because "well, that isn't on the label." If I have a major error that I want to protect by putting it in a slab, want the most people to consider buying it, and trust the error type will be properly attributed by someone who knows what they are doing (e.g. [USER=86437]@Fred Weinberg[/USER]), I send them to PCGS. Everything else I leave raw.[/QUOTE]
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