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<p>[QUOTE="Speedy, post: 84982, member: 705"]Cloudsweeper99 </p><p>I'm not saying you are wrong in wanting to collect the low grade gold coins but let me try to show you why dealers don't want to sell them...</p><p><br /></p><p>#1...what do you see more of in the market...MS coins or circulated gold coins??</p><p>#2...the fact is that there is only a small market for low grade gold coins and it makes a dealer take a loss when there is a small market because if he doesn't have anyone to sell it too then he must lower the price till someone will take it...dealers aren't trying to hold onto coins...they try to turn around as fast as they can and sell them.</p><p>#3...how many low grade gold coins are there....I mean how many low grade to how many higher grade...I would bet that there are few low grade gold coins...many people have either melted them because they aren't worth above melt or have put them into jewelry....</p><p>Its kindof like this...a G-4 1909 Cent is worth little....but a MS62 1909 Cent is worth much more....so there is little market for the G4 cent where as there is more of one for the MS62.</p><p><br /></p><p>Dealers don't think of what one person wants...they have to think what the market says is HOT....</p><p><br /></p><p>I think you have said in the past that you are more Invester than collector...well then I would think you would want higher grade coins...it is a fact that higher grades coins go up more and keep their value better....that is an investers cup of tea!</p><p><br /></p><p>Speedy[/QUOTE]</p><p><br /></p>
[QUOTE="Speedy, post: 84982, member: 705"]Cloudsweeper99 I'm not saying you are wrong in wanting to collect the low grade gold coins but let me try to show you why dealers don't want to sell them... #1...what do you see more of in the market...MS coins or circulated gold coins?? #2...the fact is that there is only a small market for low grade gold coins and it makes a dealer take a loss when there is a small market because if he doesn't have anyone to sell it too then he must lower the price till someone will take it...dealers aren't trying to hold onto coins...they try to turn around as fast as they can and sell them. #3...how many low grade gold coins are there....I mean how many low grade to how many higher grade...I would bet that there are few low grade gold coins...many people have either melted them because they aren't worth above melt or have put them into jewelry.... Its kindof like this...a G-4 1909 Cent is worth little....but a MS62 1909 Cent is worth much more....so there is little market for the G4 cent where as there is more of one for the MS62. Dealers don't think of what one person wants...they have to think what the market says is HOT.... I think you have said in the past that you are more Invester than collector...well then I would think you would want higher grade coins...it is a fact that higher grades coins go up more and keep their value better....that is an investers cup of tea! Speedy[/QUOTE]
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