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<p>[QUOTE="stroligep, post: 1084836, member: 28684"]I guess I have to repeat that I've only been collecting for about a year. When I first got into it I dreamed about having all the St Gauden's double eagles, (ha ha). When I came down to reality I decided to look at the red book to focus on what coin(s) I might pursue with sincerity. As I began to read more about the really rare coins, I got pretty upset that the most valuable coins seemed to be the result of "inside jobs". It seemed like a scam to me because there is no way a person would have **ever** found these in his pocket change.</p><p> </p><p>These include the 1894s barber dime, the 1933 St. Gaudens and the 1913 Liberty Head nickel. </p><p><br /></p><p>But the more I seek out coins and view offers, a thing that is truly rubbing me wrong is the grading services and the way they are pricing coins. I understand the need for a grading service to weed out counterfeits and give a buyer an assurance of what they are buying. But the way they price many coins makes me suspicious of them. The latest that has set me off is some auctions for silver proof dimes circa 92 - 2010. The idea that one of these coins even at pf70 could be worth $300.00 or more just truly brings out the cynic in me. I don't know... maybe in a few years I might come to a different understanding of this. But, at the moment I just can't believe there have been enough of these coins graded to be able to establish a value like that. </p><p><br /></p><p>I don't mean to pooh-pooh coin collecting; it's way too interesting an activity. But, I would like to hear what the big disappointments of others were/are.[/QUOTE]</p><p><br /></p>
[QUOTE="stroligep, post: 1084836, member: 28684"]I guess I have to repeat that I've only been collecting for about a year. When I first got into it I dreamed about having all the St Gauden's double eagles, (ha ha). When I came down to reality I decided to look at the red book to focus on what coin(s) I might pursue with sincerity. As I began to read more about the really rare coins, I got pretty upset that the most valuable coins seemed to be the result of "inside jobs". It seemed like a scam to me because there is no way a person would have **ever** found these in his pocket change. These include the 1894s barber dime, the 1933 St. Gaudens and the 1913 Liberty Head nickel. But the more I seek out coins and view offers, a thing that is truly rubbing me wrong is the grading services and the way they are pricing coins. I understand the need for a grading service to weed out counterfeits and give a buyer an assurance of what they are buying. But the way they price many coins makes me suspicious of them. The latest that has set me off is some auctions for silver proof dimes circa 92 - 2010. The idea that one of these coins even at pf70 could be worth $300.00 or more just truly brings out the cynic in me. I don't know... maybe in a few years I might come to a different understanding of this. But, at the moment I just can't believe there have been enough of these coins graded to be able to establish a value like that. I don't mean to pooh-pooh coin collecting; it's way too interesting an activity. But, I would like to hear what the big disappointments of others were/are.[/QUOTE]
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