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<p>[QUOTE="Vess1, post: 588105, member: 13650"]dcure: You've gotten some great advice here. David Bowers has a good sized book out called the Experts guide to collecting and investing in rare coins. I've read 80% of it. One of the points he makes, early on in the book is the idea of an "optimal collecting grade", along with eye appeal. </p><p><br /></p><p> In other words, most coins have a point at which the price really takes off. This Grant half dollar is a prime example. </p><p><br /></p><p> NGC's price guide puts it at 103.50 to 150.00 from AU50 to MS63. A relatively tight spread over all those grades. So a 63 is 150.00, but the 64 jumps to 287.00. Then a 65 jumps to 690.00. MS-66 is put at 1,280 and a 67 goes to 3,910. </p><p> Going by this, Bowers would say the 66 is the optimal grade to purchase, assuming it would also have excellent eye appeal. Reason being, the difference between a 66 and 67 is ever so subtle, but the price jump is nearly 3x to 67 level. Bowers could afford the 67 but he would buy a 66 with great eye appeal that may pass as a 67. That's his philosophy. </p><p><br /></p><p> That being said, people like us with a more conservative budget need to look back a notch or two but the reasoning is still the same. The system still works. </p><p><br /></p><p> Personally, I would look for a premium MS-64 with good eye appeal. It's worth nearly double the next lower grade and the next higher grade is over double in value. The 64 would be the optimum collector grade, representing the best value to me, and it wouldn't break the bank. Just find one with great eye appeal. </p><p><br /></p><p> The one in this ebay auction should go for low end MS65 money IMO. That doesn't mean it's worth buying. A premium 64 would be much more desirable to most anyone and would cost much less.[/QUOTE]</p><p><br /></p>
[QUOTE="Vess1, post: 588105, member: 13650"]dcure: You've gotten some great advice here. David Bowers has a good sized book out called the Experts guide to collecting and investing in rare coins. I've read 80% of it. One of the points he makes, early on in the book is the idea of an "optimal collecting grade", along with eye appeal. In other words, most coins have a point at which the price really takes off. This Grant half dollar is a prime example. NGC's price guide puts it at 103.50 to 150.00 from AU50 to MS63. A relatively tight spread over all those grades. So a 63 is 150.00, but the 64 jumps to 287.00. Then a 65 jumps to 690.00. MS-66 is put at 1,280 and a 67 goes to 3,910. Going by this, Bowers would say the 66 is the optimal grade to purchase, assuming it would also have excellent eye appeal. Reason being, the difference between a 66 and 67 is ever so subtle, but the price jump is nearly 3x to 67 level. Bowers could afford the 67 but he would buy a 66 with great eye appeal that may pass as a 67. That's his philosophy. That being said, people like us with a more conservative budget need to look back a notch or two but the reasoning is still the same. The system still works. Personally, I would look for a premium MS-64 with good eye appeal. It's worth nearly double the next lower grade and the next higher grade is over double in value. The 64 would be the optimum collector grade, representing the best value to me, and it wouldn't break the bank. Just find one with great eye appeal. The one in this ebay auction should go for low end MS65 money IMO. That doesn't mean it's worth buying. A premium 64 would be much more desirable to most anyone and would cost much less.[/QUOTE]
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