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Is This an OK deal????? Advice Needed on Purchase
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<p>[QUOTE="mikenoodle, post: 412611, member: 307"]Guessing gets you in a lot of trouble at times. </p><p><br /></p><p>First, the mintage of the Marine Corps Commem is 600,000 coins. A typical modern commemorative dollar program mints 400,000 coins, but the US Mint felt confident that this issue would be a pleaser, and so authorized a mintage 1 1/2 times normal. Where I do coin shows (in the Chicago area), these coins don't sell very well. We seldom get people looking for them raw, let alone slabbed.</p><p><br /></p><p>Second, if you are building a set of slabbed modern commems, remember to buy the coin, and not the plastic slab. Many dealers, sellers, and experienced collectors cannot tell the difference between an MS-68 and an MS-70, and therefore when buying these you are typically taking the TPG at their word. (Enough said!)</p><p><br /></p><p>Lastly, I think you are assembling these sets in the best form that you can because you are thinking that someday they will be sold, either by you or your heirs, and you want the highest resale value. If this is the case, then learn to grade the coins yourself, and find undergraded slabs, buy them and have excellent coins and save yourself the difference.[/QUOTE]</p><p><br /></p>
[QUOTE="mikenoodle, post: 412611, member: 307"]Guessing gets you in a lot of trouble at times. First, the mintage of the Marine Corps Commem is 600,000 coins. A typical modern commemorative dollar program mints 400,000 coins, but the US Mint felt confident that this issue would be a pleaser, and so authorized a mintage 1 1/2 times normal. Where I do coin shows (in the Chicago area), these coins don't sell very well. We seldom get people looking for them raw, let alone slabbed. Second, if you are building a set of slabbed modern commems, remember to buy the coin, and not the plastic slab. Many dealers, sellers, and experienced collectors cannot tell the difference between an MS-68 and an MS-70, and therefore when buying these you are typically taking the TPG at their word. (Enough said!) Lastly, I think you are assembling these sets in the best form that you can because you are thinking that someday they will be sold, either by you or your heirs, and you want the highest resale value. If this is the case, then learn to grade the coins yourself, and find undergraded slabs, buy them and have excellent coins and save yourself the difference.[/QUOTE]
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Is This an OK deal????? Advice Needed on Purchase
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