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<p>[QUOTE="wiggam007, post: 1905782, member: 18436"]No problems with either of them in my book.</p><p><br /></p><p>Scenario 1: You have developed a good eye for great coins. Made a pick that you felt was in the top of its grade and had it confirmed by CAC. People are will to pay more for coins that have better eye appeal, you just happened to spot one that was being sold for less than what it was worth and flipped it for a price someone was willing to pay for a better coin.</p><p><br /></p><p>Scenario 2: I feel a little weird about people flipping mint coins for massive profit when it is possible for the buyers to get on and buy their own (not really possible with this since it sold out fast) or for paying massive premiums right when it comes out as opposed to after the price has settled down a bit. However, that is the responsibility of the buyer to know these trends and not pay too much for what they are buying. If someone is willing to pay for it and you haven't used any dirty tricks to make them think it is rarer than it is or otherwise deceive them then no issue here.</p><p><br /></p><p>The only difference I see is that the first one is more about you being skilled in finding eye appealing coins while the second is more about just knowing when mint products come out, being lucky enough to get it shipped first, and lucky enough to get one that graded 70. In the end they are both business moves, but I would say that I have respect for the person who can do the first while the second I am ambivalent to. Although, I will say for the second one that while I do understand it, and people would do it anyways, I feel that people should not be buying extras just to flip and taking them out of the hands of collectors that genuinely want them who now have to pay much higher prices on the secondary market. Still, that is a personal issue, and seeing as how there is no real way to stop it I don't hold it against people who do, especially since I don't collect these coins.[/QUOTE]</p><p><br /></p>
[QUOTE="wiggam007, post: 1905782, member: 18436"]No problems with either of them in my book. Scenario 1: You have developed a good eye for great coins. Made a pick that you felt was in the top of its grade and had it confirmed by CAC. People are will to pay more for coins that have better eye appeal, you just happened to spot one that was being sold for less than what it was worth and flipped it for a price someone was willing to pay for a better coin. Scenario 2: I feel a little weird about people flipping mint coins for massive profit when it is possible for the buyers to get on and buy their own (not really possible with this since it sold out fast) or for paying massive premiums right when it comes out as opposed to after the price has settled down a bit. However, that is the responsibility of the buyer to know these trends and not pay too much for what they are buying. If someone is willing to pay for it and you haven't used any dirty tricks to make them think it is rarer than it is or otherwise deceive them then no issue here. The only difference I see is that the first one is more about you being skilled in finding eye appealing coins while the second is more about just knowing when mint products come out, being lucky enough to get it shipped first, and lucky enough to get one that graded 70. In the end they are both business moves, but I would say that I have respect for the person who can do the first while the second I am ambivalent to. Although, I will say for the second one that while I do understand it, and people would do it anyways, I feel that people should not be buying extras just to flip and taking them out of the hands of collectors that genuinely want them who now have to pay much higher prices on the secondary market. Still, that is a personal issue, and seeing as how there is no real way to stop it I don't hold it against people who do, especially since I don't collect these coins.[/QUOTE]
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