Log in or Sign up
Coin Talk
Home
Forums
>
Coin Forums
>
Coin Chat
>
I stopped grading (sort of) ... and enjoy collecting more!
>
Reply to Thread
Message:
<p>[QUOTE="geekpryde, post: 24836591, member: 36248"]Nice post.</p><p><br /></p><p>I have a similar sentiment on most of the areas you mention. </p><p><br /></p><p>With guidance of certain moderator here, I can definitely grade coins better now than ~11+ years ago. It's kept me safe (from myself) from buying certain coins I may have not have so thoroughly inspected prior to buying them when I was 100% dependent on TPGs. However, I still mostly lean on the TPG's and I sometimes break out in a panic sweat over "Guess the Grade" posts here on CoinTalk. I *think* I know the grade, but my confidence is not 100%. <img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie18" alt=":bag:" unselectable="on" unselectable="on" /> </p><p><br /></p><p>I dont sweat a point here or there, if I otherwise like the coin. Enough other collectors will pay-up for a nicer example with some special features like Pretty toning, or great strike, or cool older holder, CAC approved, etc. that even if the coin is slightly overgraded, it will still go for the "correct" market price. And bad or over-graded coins for the most part will still go for their respective "correct" price. To me, it all mostly works out as it should. <img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie6" alt=":cool:" unselectable="on" unselectable="on" /></p><p><br /></p><p>Now that of course means I cannot mine the coin hobby for hidden gems, or make big money at this hobby flipping. If a sell a few coins a year, and make enough pennies to keep a free coin for myself, that's all I really need. </p><p><br /></p><p>I don't do much "talking" to coin people much anymore beyond here at CoinTalk, and I don't deep dive on the history part so much, but like you, I think I enjoy the hobby more by just staying in my lane, even after having really tried to get good at grading.</p><p><br /></p><p>I follow a simple (complex?) three part journey when bidding / buying a coin:</p><p><br /></p><p>(1) allowing PCGC, NGC, and CAC to narrow a coin down to -2 to +2 points, allow them to catch most of the damaged, doctored, cleaned, forged, etc problem coins.</p><p><br /></p><p>(2) ...And then I "look" <img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie100" alt=":wideyed:" unselectable="on" unselectable="on" /> over the coin myself and rule out ones that are in the "Ugly" category, the Rim damage category (that one really bugs me), Enough rub that it should have been a Masseuse category, and all my own personal likes and dislikes.</p><p><br /></p><p>(3) Once a coin makes is through that two tiered gauntlet, then I got to rule out another 90% of them because I simply cannot afford them and I get blown out on bidding.</p><p><br /></p><p>I dont reverse the order of this process as I like to see nice coins, and the more coins I see the more I understand what I like and don't like. That's why I don't start by price filtering usually. If I did that, I might well never get a coin through this gauntlet. <img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie7" alt=":p" unselectable="on" unselectable="on" /> I start with the TPG's, as I dont want to see all the dreck, as "ain't nobody's got time for that". </p><p><br /></p><p>TPGS, then me, then price = A pretty good chance I will be happy with a purchase without having an anxiety attack.[/QUOTE]</p><p><br /></p>
[QUOTE="geekpryde, post: 24836591, member: 36248"]Nice post. I have a similar sentiment on most of the areas you mention. With guidance of certain moderator here, I can definitely grade coins better now than ~11+ years ago. It's kept me safe (from myself) from buying certain coins I may have not have so thoroughly inspected prior to buying them when I was 100% dependent on TPGs. However, I still mostly lean on the TPG's and I sometimes break out in a panic sweat over "Guess the Grade" posts here on CoinTalk. I *think* I know the grade, but my confidence is not 100%. :bag: I dont sweat a point here or there, if I otherwise like the coin. Enough other collectors will pay-up for a nicer example with some special features like Pretty toning, or great strike, or cool older holder, CAC approved, etc. that even if the coin is slightly overgraded, it will still go for the "correct" market price. And bad or over-graded coins for the most part will still go for their respective "correct" price. To me, it all mostly works out as it should. :cool: Now that of course means I cannot mine the coin hobby for hidden gems, or make big money at this hobby flipping. If a sell a few coins a year, and make enough pennies to keep a free coin for myself, that's all I really need. I don't do much "talking" to coin people much anymore beyond here at CoinTalk, and I don't deep dive on the history part so much, but like you, I think I enjoy the hobby more by just staying in my lane, even after having really tried to get good at grading. I follow a simple (complex?) three part journey when bidding / buying a coin: (1) allowing PCGC, NGC, and CAC to narrow a coin down to -2 to +2 points, allow them to catch most of the damaged, doctored, cleaned, forged, etc problem coins. (2) ...And then I "look" :wideyed: over the coin myself and rule out ones that are in the "Ugly" category, the Rim damage category (that one really bugs me), Enough rub that it should have been a Masseuse category, and all my own personal likes and dislikes. (3) Once a coin makes is through that two tiered gauntlet, then I got to rule out another 90% of them because I simply cannot afford them and I get blown out on bidding. I dont reverse the order of this process as I like to see nice coins, and the more coins I see the more I understand what I like and don't like. That's why I don't start by price filtering usually. If I did that, I might well never get a coin through this gauntlet. :p I start with the TPG's, as I dont want to see all the dreck, as "ain't nobody's got time for that". TPGS, then me, then price = A pretty good chance I will be happy with a purchase without having an anxiety attack.[/QUOTE]
Your name or email address:
Do you already have an account?
No, create an account now.
Yes, my password is:
Forgot your password?
Stay logged in
Coin Talk
Home
Forums
>
Coin Forums
>
Coin Chat
>
I stopped grading (sort of) ... and enjoy collecting more!
>
Home
Home
Quick Links
Search Forums
Recent Activity
Recent Posts
Forums
Forums
Quick Links
Search Forums
Recent Posts
Competitions
Competitions
Quick Links
Competition Index
Rules, Terms & Conditions
Gallery
Gallery
Quick Links
Search Media
New Media
Showcase
Showcase
Quick Links
Search Items
Most Active Members
New Items
Directory
Directory
Quick Links
Directory Home
New Listings
Members
Members
Quick Links
Notable Members
Current Visitors
Recent Activity
New Profile Posts
Sponsors
Menu
Search
Search titles only
Posted by Member:
Separate names with a comma.
Newer Than:
Search this thread only
Search this forum only
Display results as threads
Useful Searches
Recent Posts
More...