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<p>[QUOTE="Lehigh96, post: 1485503, member: 15309"]You are making it seem more difficult than it is. They key is to buy premium quality coins for the assigned grade with exceptional eye appeal. It is counterintuitive but "overpaying" for quality is what makes you money. Those collectors who are slaves to the price guides and will not pay up for quality are the ones who end up with generic material that is very difficult to move when it comes time to sell.</p><p><br /></p><p>It is the difference between this 1943-S Jefferson Nickel NGC MS67. </p><p><br /></p><p><img src="http://i117.photobucket.com/albums/o59/ACPitBoss/Jefferson%20Nickels%204%20Sale/JN1943-SNGCMS67-3.jpg" class="bbCodeImage wysiwygImage" alt="" unselectable="on" /></p><p><br /></p><p><br /></p><p>and this 1943-S Jefferson Nickel NGC MS67.</p><p><br /></p><p><img src="http://i117.photobucket.com/albums/o59/ACPitBoss/Jefferson%20Nickels%204%20Sale/JN1943-SNGCMS67-2.jpg" class="bbCodeImage wysiwygImage" alt="" unselectable="on" /></p><p><br /></p><p><br /></p><p>I bought the first coin a few months ago when we were discussing which coin venue offered the best prices. Not surprisingly, that coin was very cheap. It languishes in my E-Bay store for less than Numismedia Wholesale. Compare that to the second coin of the same date/mm and grade. I bought that coin for 5X Numismedia Wholesale in 2009 and sold it for 7X Numismedia Wholesale. With respect to surface preservation, the coins are similar, hence the MS67 grade. But when you factor in strike, luster, and eye appeal, the second coin is far superior to the first. Of course this is an anecdotal exercise and there is no guarantee that the second coin will continue to perform as it has, but one thing is for sure, the first coin is dreck and always will be. If one buys coins like the first one, they are doomed to lose money. If they buy coins like the second one, they will win some and lose some but stand a very good chance to come out on top when all is said and done.</p><p><br /></p><p><br /></p><p>You have the choice to believe or not believe. But I have learned one indisputable fact in my years of coin collecting, quality & eye appeal never go out of style.[/QUOTE]</p><p><br /></p>
[QUOTE="Lehigh96, post: 1485503, member: 15309"]You are making it seem more difficult than it is. They key is to buy premium quality coins for the assigned grade with exceptional eye appeal. It is counterintuitive but "overpaying" for quality is what makes you money. Those collectors who are slaves to the price guides and will not pay up for quality are the ones who end up with generic material that is very difficult to move when it comes time to sell. It is the difference between this 1943-S Jefferson Nickel NGC MS67. [IMG]http://i117.photobucket.com/albums/o59/ACPitBoss/Jefferson%20Nickels%204%20Sale/JN1943-SNGCMS67-3.jpg[/IMG] and this 1943-S Jefferson Nickel NGC MS67. [IMG]http://i117.photobucket.com/albums/o59/ACPitBoss/Jefferson%20Nickels%204%20Sale/JN1943-SNGCMS67-2.jpg[/IMG] I bought the first coin a few months ago when we were discussing which coin venue offered the best prices. Not surprisingly, that coin was very cheap. It languishes in my E-Bay store for less than Numismedia Wholesale. Compare that to the second coin of the same date/mm and grade. I bought that coin for 5X Numismedia Wholesale in 2009 and sold it for 7X Numismedia Wholesale. With respect to surface preservation, the coins are similar, hence the MS67 grade. But when you factor in strike, luster, and eye appeal, the second coin is far superior to the first. Of course this is an anecdotal exercise and there is no guarantee that the second coin will continue to perform as it has, but one thing is for sure, the first coin is dreck and always will be. If one buys coins like the first one, they are doomed to lose money. If they buy coins like the second one, they will win some and lose some but stand a very good chance to come out on top when all is said and done. You have the choice to believe or not believe. But I have learned one indisputable fact in my years of coin collecting, quality & eye appeal never go out of style.[/QUOTE]
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