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<p>[QUOTE=&quot;illini420, post: 1582478, member: 19423&quot;]I know some people don&#039;t buy anything until they get the exact coin they want and then just keep... so they never really upgrade.</p><p><br /></p><p>That&#039;s not what I have done in building my sets.&nbsp; If I know eventually I want an MS65 example of a certain coin in my set, but happen to find a really nice MS63 example first... or maybe I can only afford the nice MS63 at the time, then I&#039;m going to buy and enjoy that nice MS63 until I find that higher graded example to replace it.</p><p><br /></p><p>I do it that way for two main reasons.&nbsp; </p><p><br /></p><p>First, so I can enjoy having an example of the date for the months or years it may take to find that better one.&nbsp; I&#039;m a coin collector and I like coins, and a nice AU58, or MS63, or MS64 is still pretty nice, even if my ultimate goal is an MS65.</p><p><br /></p><p>And second, prices can go way up on certain coins over the years, particularly key dates.&nbsp; If you want to buy that MS65 eventually, it may cost you much more by the time you find the coin in a few years, than it would if you were to find it right away.&nbsp; But if you buy a nice example in a lower grade, that coin too will likely appreciate so that when you&#039;re ready to upgrade, you can take the money you made on the lower grade to offset the higher cost of the upgrade.&nbsp; </p><p><br /></p><p>This was especially the case with gold coins that I had in my sets with gold prices going up from a few hundred to the current prices over $1700 per ounce in recent years.&nbsp; With the run up in bullion prices, many of the spreads between grades of the more common gold coins were relatively constant.&nbsp; </p><p><br /></p><p>For example, if at the lower gold prices an MS63 coin was $500 and an MS65 coin was $1500... after the run up in gold the MS63 coin might become worth $2000 and the MS65 worth around $3000.&nbsp; In that example, since I bought the MS63 in the beginning for $500, I can later sell it for $2000 (profit $1500) and then effectively move into the MS65 coin at the old prices by using the profits gained from the lower graded coin... If you didn&#039;t buy the lower grade coin, you wouldn&#039;t have made that $1500 to apply to the MS65 coin.&nbsp; You somewhat lock in the current prices for the higher graded coin when you are buying the lower grades, assuming the spreads remain somewhat constant.&nbsp; And of course you owned the MS63 all of that time and hopefully enjoyed it![/QUOTE]</p><p><br /></p>

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