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Guess the Assigned Grade 1943-S Jefferson Nickel
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<p>[QUOTE="TypeCoin971793, post: 2769302, member: 78244"]And I am not a dealer. I did not imply that I am one. I have met many dealers whom I will simply listen to because it is very apparent that their knowledge of coins is far superior to mine in every aspect. I have also met several (thankfully far fewer) who are so unaware of what they have that I could dance circles around them. And the rest are the ones where we share knowledge and help each other out.</p><p><br /></p><p>But a basic Economics 101 fact is that market conditions are set by how much people are willing to pay for a good (or service). </p><p><br /></p><p><br /></p><p><br /></p><p>Yes.</p><p><br /></p><p><br /></p><p><br /></p><p>I know they don't. But, as you said, they assign a value to a coin by giving the grade they felt the coin was worthy of having. And market grading is a perfect example deciding its value and then assigning its grade (or more-accurately, bumping a grade up or down to reflect their opinion of value), a practice you accept and back up.</p><p><br /></p><p><br /></p><p><br /></p><p>Thank you.[/QUOTE]</p><p><br /></p>
[QUOTE="TypeCoin971793, post: 2769302, member: 78244"]And I am not a dealer. I did not imply that I am one. I have met many dealers whom I will simply listen to because it is very apparent that their knowledge of coins is far superior to mine in every aspect. I have also met several (thankfully far fewer) who are so unaware of what they have that I could dance circles around them. And the rest are the ones where we share knowledge and help each other out. But a basic Economics 101 fact is that market conditions are set by how much people are willing to pay for a good (or service). Yes. I know they don't. But, as you said, they assign a value to a coin by giving the grade they felt the coin was worthy of having. And market grading is a perfect example deciding its value and then assigning its grade (or more-accurately, bumping a grade up or down to reflect their opinion of value), a practice you accept and back up. Thank you.[/QUOTE]
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Guess the Assigned Grade 1943-S Jefferson Nickel
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