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Has anyone ever given up on getting coins graded?
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<p>[QUOTE="GDJMSP, post: 2852145, member: 112"]I'll give ya one last example as to why a coin is not worth whatever somebody will pay for it. Say you buy a coin, it's slabbed and graded, you love it and you pay $500 for it. But a month later, 3 months later, something happens and you have to sell that coin, and you have to sell it right now. Not in a week, right now. </p><p><br /></p><p>So whadda ya do ? You go to a coin dealer to sell your coin. Now the dealer is a good man, honest and trustworthy, highly respected. But he only offers you $300 for the coin - and the offer he makes you is a fair offer, it's only 10% below current retail.</p><p><br /></p><p>So, you paid $500 for the coin, but you can only get $300 for it. What's the coin really worth ? Full retail it's only worth $330, and that's what that dealer sells it for the next day.[/QUOTE]</p><p><br /></p>
[QUOTE="GDJMSP, post: 2852145, member: 112"]I'll give ya one last example as to why a coin is not worth whatever somebody will pay for it. Say you buy a coin, it's slabbed and graded, you love it and you pay $500 for it. But a month later, 3 months later, something happens and you have to sell that coin, and you have to sell it right now. Not in a week, right now. So whadda ya do ? You go to a coin dealer to sell your coin. Now the dealer is a good man, honest and trustworthy, highly respected. But he only offers you $300 for the coin - and the offer he makes you is a fair offer, it's only 10% below current retail. So, you paid $500 for the coin, but you can only get $300 for it. What's the coin really worth ? Full retail it's only worth $330, and that's what that dealer sells it for the next day.[/QUOTE]
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Has anyone ever given up on getting coins graded?
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