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Has anyone ever given up on getting coins graded?
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<p>[QUOTE="TypeCoin971793, post: 2851577, member: 78244"]In theory, yes. In practice, no. I have an 1867 Two Cent piece that is raw, which Bill Fivaz grades MS-65 RD (I think he is a little high, but whatever, that is beside the point). In that grade, the coin is worth over $3000. If I tried to sell it in its current raw state, I'd be lucky to see more than $300 for it, maybe $500 if I took it to a true expert at a show. Certified, however, is a different story. There would not be a single seriously-interested party who would not pay the MS-65 RD price (or reasonably close to it). Is the value of a coin not what someone is willing to pay for it? There is a clear difference between what someone is willing to pay for a raw coin and what someone is willing to pay for a certified coin, so they are "worth" two different amounts.</p><p><br /></p><p>[ATTACH=full]676901[/ATTACH] [ATTACH=full]676902[/ATTACH]</p><p><br /></p><p>This coin was only worth $40-60 raw at a show. But once in a slab, it was magically worth over $200.</p><p><br /></p><p>[ATTACH=full]676903[/ATTACH] [ATTACH=full]676904[/ATTACH] [ATTACH=full]676905[/ATTACH]</p><p><br /></p><p>This coin was only worth $50 on eBay when I bought it raw (in auction format). Once certified it sold for $300.</p><p><br /></p><p>[ATTACH=full]676906[/ATTACH] [ATTACH=full]676907[/ATTACH][/QUOTE]</p><p><br /></p>
[QUOTE="TypeCoin971793, post: 2851577, member: 78244"]In theory, yes. In practice, no. I have an 1867 Two Cent piece that is raw, which Bill Fivaz grades MS-65 RD (I think he is a little high, but whatever, that is beside the point). In that grade, the coin is worth over $3000. If I tried to sell it in its current raw state, I'd be lucky to see more than $300 for it, maybe $500 if I took it to a true expert at a show. Certified, however, is a different story. There would not be a single seriously-interested party who would not pay the MS-65 RD price (or reasonably close to it). Is the value of a coin not what someone is willing to pay for it? There is a clear difference between what someone is willing to pay for a raw coin and what someone is willing to pay for a certified coin, so they are "worth" two different amounts. [ATTACH=full]676901[/ATTACH] [ATTACH=full]676902[/ATTACH] This coin was only worth $40-60 raw at a show. But once in a slab, it was magically worth over $200. [ATTACH=full]676903[/ATTACH] [ATTACH=full]676904[/ATTACH] [ATTACH=full]676905[/ATTACH] This coin was only worth $50 on eBay when I bought it raw (in auction format). Once certified it sold for $300. [ATTACH=full]676906[/ATTACH] [ATTACH=full]676907[/ATTACH][/QUOTE]
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Has anyone ever given up on getting coins graded?
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