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<p>[QUOTE="jlc39, post: 3182386, member: 97899"]Interesting old thread. I am what most consider an “old school” collector, I collect because I enjoy the coins and the history of the coins. Most of my coins are not certified by anyone and I don’t intend to sell them. Single coins that are of high value like an Uncirculated 1889 cc Morgan, not that I can afford one of those, I would want Certified by a reputable third party grader, but if the coin books under a few hundred bucks I rely on my knowledge and the Red Book and the good old internet to see if it’s worth the asking price. As for IGS, when you “Google” IGS and a coin grading service doesn’t pop up on the first page of results I would take their grading with a large grain of salt. The biggest problem I have with grading services is the simple fact there must be some subjectivity involved, whether NCG or IGS. Aside from that, the mere act of grading should not create added value, a MS-65 in a cardboard flip should have the same value as a MS-65 in a NCG slab...you’re buying the coin, not the plastic. I try to learn enough about the coin I want to buy such that I can spot a VF/XF from an AU/BU for most coins. Happy hunting to all![/QUOTE]</p><p><br /></p>
[QUOTE="jlc39, post: 3182386, member: 97899"]Interesting old thread. I am what most consider an “old school” collector, I collect because I enjoy the coins and the history of the coins. Most of my coins are not certified by anyone and I don’t intend to sell them. Single coins that are of high value like an Uncirculated 1889 cc Morgan, not that I can afford one of those, I would want Certified by a reputable third party grader, but if the coin books under a few hundred bucks I rely on my knowledge and the Red Book and the good old internet to see if it’s worth the asking price. As for IGS, when you “Google” IGS and a coin grading service doesn’t pop up on the first page of results I would take their grading with a large grain of salt. The biggest problem I have with grading services is the simple fact there must be some subjectivity involved, whether NCG or IGS. Aside from that, the mere act of grading should not create added value, a MS-65 in a cardboard flip should have the same value as a MS-65 in a NCG slab...you’re buying the coin, not the plastic. I try to learn enough about the coin I want to buy such that I can spot a VF/XF from an AU/BU for most coins. Happy hunting to all![/QUOTE]
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