Message:

<p>[QUOTE=&quot;Bedford, post: 1034288, member: 4917&quot;]That is where learning to grade coins,identifying problems,knowing varieties &amp; learning your market all come into play.</p><p>You do not make money on how much you sell the coin for but what you paid for it to begin with. </p><p><br /></p><p>Lets say you buy a nice roll of common date Morgan dollars &amp; you pay $600 for them. $30 a coin.</p><p>20 coins submitted at $13.50 a coin added to your cost now $43.50</p><p><br /></p><p>Lets say that (1) is a no grade, (9) grade MS63 they are worth about $38 each , (6) grade MS64 about $48 each &amp; you get lucky &amp; have (4) grade MS65 about $115 each . no grade $22+ms63 $342+ms64 $288+ms65 $460=$1112</p><p>in value.</p><p>Subtract your initial cost of&nbsp; $870 = a profit of about $242 ... was it worth it ? </p><p><br /></p><p>Well ,there are still may be selling fees or table fees ect &amp; this was just a rough way to look at it but it can be profitable if done correctly.It doesnt always work out for people but if its your job to make money this way you learn what to send in &amp; what not too.</p><p><br /></p><p>Now if you are not buying a coin to have it certified to try to get a higher grade that would make it more valuable to sell in the future than yes it doesn&#039;t make sense. Buy the coins raw be satisfied with your assement of its quality &amp; be happy with what you paid for it &amp; dont worry about TPG&#039;s :smile[/QUOTE]</p><p><br /></p>

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