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I stopped grading (sort of) ... and enjoy collecting more!
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<p>[QUOTE="Lehigh96, post: 24836723, member: 15309"]While I commend your collecting style and think that it is cool how different collectors form their own set of guidelines to build their collections; my style is so different than yours. </p><p><br /></p><p>To me, grading coins and comparing my coins to those owned by other collectors is half the fun. When I started collecting coins seriously over 2 decades ago, I restricted myself to purchasing only PCGS and NGC graded coins to avoid to the pitfalls associated with raw coins. As the years passed and my knowledge grew, I found it much easier to both cherrypick dealer inventories as well as predict how the TPGs would grade my coins. You mentioned that you don't have the skill and experience to compete with dealers who handle a much higher volume of coins than you do. In my experience, the vast majority of brick and mortar dealers are essentially bullion traders and most can't grade true numismatic rarities worth a lick. Additionally, they have limited time to spend on each coin because of the increased volume which makes them prone to making mistakes. For example, my LCS listed this coin as a "1942 T1 Jefferson Nickel GEM BU" for $5:</p><p><br /></p><p><img src="https://i.imgur.com/GCWeWlM.jpg" class="bbCodeImage wysiwygImage" alt="" unselectable="on" /></p><p><br /></p><p>Turns out that it was a full step 1942-D premium gem worth near $100.</p><p><img src="https://i.imgur.com/9FZTy7e.jpg" class="bbCodeImage wysiwygImage" alt="" unselectable="on" /></p><p><img src="https://i.imgur.com/Oqb0RyH.jpg" class="bbCodeImage wysiwygImage" alt="" unselectable="on" /></p><p><img src="https://i.imgur.com/dDG64Tv.jpg" class="bbCodeImage wysiwygImage" alt="" unselectable="on" /></p><p><br /></p><p>It is the hunt for coins like this in the wild that really gets me excited. Knowing that my grading skills can turn a purchase of a few dollars into hundreds is exhilarating.[/QUOTE]</p><p><br /></p>
[QUOTE="Lehigh96, post: 24836723, member: 15309"]While I commend your collecting style and think that it is cool how different collectors form their own set of guidelines to build their collections; my style is so different than yours. To me, grading coins and comparing my coins to those owned by other collectors is half the fun. When I started collecting coins seriously over 2 decades ago, I restricted myself to purchasing only PCGS and NGC graded coins to avoid to the pitfalls associated with raw coins. As the years passed and my knowledge grew, I found it much easier to both cherrypick dealer inventories as well as predict how the TPGs would grade my coins. You mentioned that you don't have the skill and experience to compete with dealers who handle a much higher volume of coins than you do. In my experience, the vast majority of brick and mortar dealers are essentially bullion traders and most can't grade true numismatic rarities worth a lick. Additionally, they have limited time to spend on each coin because of the increased volume which makes them prone to making mistakes. For example, my LCS listed this coin as a "1942 T1 Jefferson Nickel GEM BU" for $5: [IMG]https://i.imgur.com/GCWeWlM.jpg[/IMG] Turns out that it was a full step 1942-D premium gem worth near $100. [IMG]https://i.imgur.com/9FZTy7e.jpg[/IMG] [IMG]https://i.imgur.com/Oqb0RyH.jpg[/IMG] [IMG]https://i.imgur.com/dDG64Tv.jpg[/IMG] It is the hunt for coins like this in the wild that really gets me excited. Knowing that my grading skills can turn a purchase of a few dollars into hundreds is exhilarating.[/QUOTE]
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I stopped grading (sort of) ... and enjoy collecting more!
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