Log in or Sign up
Coin Talk
Home
Forums
>
Coin Forums
>
US Coins Forum
>
investing and collecting
>
Reply to Thread
Message:
<p>[QUOTE="mark_h, post: 212841, member: 3726"]Ummm - buying top tier slabs does not mean you will "not" get an over graded coin(or one with eye appeal). Why do you think top tier slabs bring different prices from different graders for the same coin and grade? So we are back to buy the coin not the slab. A good quality raw coin will bring the same as a slabbed coin. I have been looking for what I consider an acurately graded 1909-S indian cent(yes I know about the week strike on the feather tips) but I see a lot of slabbed coins that I think are overgraded(top 3). Market grading or not I want an acurate graded coin for a fair price. I have always wondered why an acurately graded coin from ANACs/NGC/PCGS bring different prices. I find it funny when the dealers perpetuate this disparity - got this from a dealer today:</p><p><br /></p><p>A LIMITED QUANTITY OF GEORGE WASHINGTON $ MINT ERRORS WITH THE LETTERING MISSING FROM THE EDGE GRADED MS66 & MS65 BY PCGS AND IN MS65 BY NGC !!!</p><p><br /></p><p>PCGS MS66 ONLY $699 each</p><p>PCGS MS65 ONLY $429 each</p><p>NGC MS65 ONLY $299 each</p><p><br /></p><p>So does this mean NGC grades incorrectly or is it PCGS is under grading? So where does your best gain come from? Demand and supply also comes into play. I can't tell. My father bought an NGC graded 3 coin aniversery set for 279 including shipment and I bought a PCGS graded set for 290. Both are 69 sets - who has the better investment if the coins are graded the same? </p><p><br /></p><p>Now for investing - yes I think my coins are a "type" of investment. Somebody somewhere will make money off of them - not me because unless something really bad happens I will not sell them. But I consider myself a rookie collector(I prefer raw coins, but my modern stuff is graded unless it comes from the mint and if the prices is right some of my older coins are graded). It just irks me to pay a premium for a slab, where if you look hard enough and long enough you can get the same coin raw at a cheaper price. The difference between this investment and a stock market investment is hugh. I can actually hold these and look at them. And more than likely they will always have some value - where as a stock can go belly up and be worthless. HEY - you want a stock to go down - just ask me to buy some of them. I think I should be some kind of stock market indicator. <img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie1" alt=":)" unselectable="on" unselectable="on" /></p><p><br /></p><p>Wow - my large cent worth of thoughts for probably this whole week. I like these type threads - it is all opinion and mine finally counts.:mouth:[/QUOTE]</p><p><br /></p>
[QUOTE="mark_h, post: 212841, member: 3726"]Ummm - buying top tier slabs does not mean you will "not" get an over graded coin(or one with eye appeal). Why do you think top tier slabs bring different prices from different graders for the same coin and grade? So we are back to buy the coin not the slab. A good quality raw coin will bring the same as a slabbed coin. I have been looking for what I consider an acurately graded 1909-S indian cent(yes I know about the week strike on the feather tips) but I see a lot of slabbed coins that I think are overgraded(top 3). Market grading or not I want an acurate graded coin for a fair price. I have always wondered why an acurately graded coin from ANACs/NGC/PCGS bring different prices. I find it funny when the dealers perpetuate this disparity - got this from a dealer today: A LIMITED QUANTITY OF GEORGE WASHINGTON $ MINT ERRORS WITH THE LETTERING MISSING FROM THE EDGE GRADED MS66 & MS65 BY PCGS AND IN MS65 BY NGC !!! PCGS MS66 ONLY $699 each PCGS MS65 ONLY $429 each NGC MS65 ONLY $299 each So does this mean NGC grades incorrectly or is it PCGS is under grading? So where does your best gain come from? Demand and supply also comes into play. I can't tell. My father bought an NGC graded 3 coin aniversery set for 279 including shipment and I bought a PCGS graded set for 290. Both are 69 sets - who has the better investment if the coins are graded the same? Now for investing - yes I think my coins are a "type" of investment. Somebody somewhere will make money off of them - not me because unless something really bad happens I will not sell them. But I consider myself a rookie collector(I prefer raw coins, but my modern stuff is graded unless it comes from the mint and if the prices is right some of my older coins are graded). It just irks me to pay a premium for a slab, where if you look hard enough and long enough you can get the same coin raw at a cheaper price. The difference between this investment and a stock market investment is hugh. I can actually hold these and look at them. And more than likely they will always have some value - where as a stock can go belly up and be worthless. HEY - you want a stock to go down - just ask me to buy some of them. I think I should be some kind of stock market indicator. :) Wow - my large cent worth of thoughts for probably this whole week. I like these type threads - it is all opinion and mine finally counts.:mouth:[/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
>
US Coins Forum
>
investing and collecting
>
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...