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<p>[QUOTE="johnsonsm1, post: 1782507, member: 57032"]Recently completed a planned 12 coin purchase to have coins graded and to determine if it was possible to make money re-selling after grading with PCGS or ICG. I bought cheaper to expensive coins and all denominations with even one gold coin. They were great on the returns but the problem was I had to return 11 of the coins. I did make $30 on one coin. Their coins were 2 to 6 grades lower from the grading companies and there were certain issues with cleaning on some coins. Two exact proof coins were purchased by another buyer and myself in different auctions. I paid a little over 50% of what the other person paid and my grade was still so far off I had to return the coin. It took me months to buy, grade and return all the coins with appropriate costs each step. I talked with them and they had no recommendations on arriving at better results. Obviously, I would caution anyone bidding on their coins to be cautious believing their grades.[/QUOTE]</p><p><br /></p>
[QUOTE="johnsonsm1, post: 1782507, member: 57032"]Recently completed a planned 12 coin purchase to have coins graded and to determine if it was possible to make money re-selling after grading with PCGS or ICG. I bought cheaper to expensive coins and all denominations with even one gold coin. They were great on the returns but the problem was I had to return 11 of the coins. I did make $30 on one coin. Their coins were 2 to 6 grades lower from the grading companies and there were certain issues with cleaning on some coins. Two exact proof coins were purchased by another buyer and myself in different auctions. I paid a little over 50% of what the other person paid and my grade was still so far off I had to return the coin. It took me months to buy, grade and return all the coins with appropriate costs each step. I talked with them and they had no recommendations on arriving at better results. Obviously, I would caution anyone bidding on their coins to be cautious believing their grades.[/QUOTE]
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