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<p>[QUOTE=&quot;Arizona Jack, post: 521579, member: 9308&quot;]I am going to explain a tool that many succesful show dealers use, and will make my best effort to make it simple. The crackout game.</p><p>&nbsp;</p><p>This will apply to any series you know, or in other words, your specialty. I will use mine as a demonstration only, because it is what I do and know best.</p><p>&nbsp;</p><p>1st, learn the spreads, you must know the greysheet and the market to do this. You must also know and feel how the TPG&#039;s grade, and have a solid foot on the ground. I will admit, I have made more money doing this than I have ever made selling coins after buying them.</p><p>&nbsp;</p><p>Lets take a 1909-S Lincoln for example.</p><p>&nbsp;</p><p>What we will do is troll every show and every table at every show. Every 1909-S in the building in other words, in the zipcode, we want to see every 1909-S in the County.</p><p>&nbsp;</p><p>If you seriously know how to grade, and have a reasonable expectation of how the TPG&#039;s grade, money is there to be taken. Look at the spreads:</p><p>&nbsp;</p><p>This is straight off the greysheet:</p><p>&nbsp;</p><p>1909-S MS-63 RB: $300 bid/ $330 ask</p><p>MS-64 RD: $460 bid/ $500 ask</p><p>MS-65 RD $1000 bid / $1100 ask</p><p>&nbsp;</p><p>Your job is to find the liner 64+&#039;s..........do you see the upside? the downside?</p><p>&nbsp;</p><p>Your downside is $160 if you crack a 64 and it comes back a 63, but your upside is $540 if it comes back a 65</p><p>&nbsp;</p><p>You must find the coins with the minimal spread at 63/64, and the max spread at 64/65......When you see a primo 64 that screams, you have a candidate for a crackout. Gobble up those primos, crack and resubmit......even if you only win one out of 3, worst case is break even. Best case? $$$ an a cpl upgrades.</p><p>&nbsp;</p><p>There are many dates in the Lincolns that work like this.</p><p>&nbsp;</p><p>Do you see a nice 1918-S in an 62 holder or a MS-63BN at $150? Well, you might lose the game and drop to $55 AU-58 or so, BUT, if you can 64 that coin your at $1500. It&#039;s a $100 risk for a potential $1350 profit.......</p><p>&nbsp;</p><p>Believe me people, there are people who make a profession at this. In all series, in all coins, at every show , and every weekend.</p><p>&nbsp;</p><p>1921-S is $155 in a 63RB, AU is $60, 64 is $2100.....see where I&#039;m going?</p><p>&nbsp;</p><p>Some may call this bad names and be resentful, I know many here that probably don&#039;t want to hear this. It exsists. It happens. Every show. Every series, every coin.</p><p>&nbsp;</p><p>Learn your series, learn it WELL. Spot those undergraded coins and cash in. You&#039;ll make more than you ever did buying and selling #&#039;s on a slab.[/QUOTE]</p><p><br /></p>

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