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How much does a PCGS grade add to a coins value?
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<p>[QUOTE="harley bissell, post: 3174311, member: 88212"]The point is that people should learn for themselves how illiquid their "investments" are. It is entirely possible to walk up to every dealer at a coin show with ten slabbed key date coins and ask them to name their own price for anything they want and have NONE of them offer to buy anything at any price. I did that when I was offered an entire library of history, coin and token books that I wanted and needed to raise cash quickly. I managed to sell enough junk silver and antiques to raise what I needed but I will never purchase a key date again in or out of a slab. My point that you claimed to miss is that people should learn what to expect when selling before they buy. No one goes all the way through</p><p>their entire life without ever having to raise money quickly at some point.[/QUOTE]</p><p><br /></p>
[QUOTE="harley bissell, post: 3174311, member: 88212"]The point is that people should learn for themselves how illiquid their "investments" are. It is entirely possible to walk up to every dealer at a coin show with ten slabbed key date coins and ask them to name their own price for anything they want and have NONE of them offer to buy anything at any price. I did that when I was offered an entire library of history, coin and token books that I wanted and needed to raise cash quickly. I managed to sell enough junk silver and antiques to raise what I needed but I will never purchase a key date again in or out of a slab. My point that you claimed to miss is that people should learn what to expect when selling before they buy. No one goes all the way through their entire life without ever having to raise money quickly at some point.[/QUOTE]
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How much does a PCGS grade add to a coins value?
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