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<p>[QUOTE="BooksB4Coins, post: 2696418, member: 36230"]And this, sir, is why you'd be wise to slow it down. This gentleman's question was asked for a very good reason. The coins in one's collection can be an excellent indicator of their knowledge and understanding of this hobby, and is probably why he took this approach. He is someone you could have greatly benefited from listening to, was simply trying to help, and is certainly not someone you should needlessly be talking down to (post #48). Just so you know, there's a lot of crap and misinformation on this forum, so be careful taking everything you read here at face value.</p><p><br /></p><p><br /></p><p><br /></p><p>You're already talking about buying raw to submit for resale, when barely a month into your new hobby, and have no real experience grading? You say this as if it's a forgone conclusion that everything will grade and that all will work out well, so I can only assume you don't realize how many before you thought the same, then learned the hard way just how terribly wrong they were. Buy coin, submit coin, rake in cash may sound great as a newbie, but in practice it is very, very rarely so easy without the prerequisite knowledge, and even then it's not always a cake walk. Do you understand that not all coins will even grade out, and that pegging down an achievable retail value isn't as simple as looking at some guide? Honest question and is really something you really need to know.</p><p><br /></p><p>Please, go back to what [USER=24633]@cpm9ball[/USER] said in post #3. His greater point was that you need to <i><b>learn</b></i> first. It doesn't really matter what TPG may best fit your stated desires if you're unable to first and properly (to individual TPG standards) grade for yourself. The TPGs can be used as a crutch when buying already slabbed (although it's nowhere near the perfect solution someone earlier suggested) but when the plan is to submit to them yourself, not knowing how to grade (or at least having someone who does screen for you) is, to be honest and with all due respect, downright foolish.</p><p><br /></p><p><br /></p><p><br /></p><p><br /></p><p>This is an excellent example of what I addressed above. While perfectly fine coins for the albums you purchased, they're simply not smart candidates for submission. Even if you meant acquiring other significantly nicer coins to submit, you still must understand that if they're not exceptionally nice and will not grade out at a high level, you'll lose money. </p><p><br /></p><p>A coin, and this goes for <i>ANY</i> coin, is what it is regardless of its holder. Slabs offer many benefits, yes, but they don't change what a coin is. Slabbing is worthwhile when doing so adds to a coin (liquidity, independently verified authenticity, etc) of at least equal value to the cost of submission, but when it does not or cannot, it's really a waste of time and money simply because by doing so you're permanently burying yourself. If you wish to collect plastic, that's fine, but if you wish to collect coins, collect coins and pay for plastic when, and only when, it benefits both you and the individual coin. Best of luck...[/QUOTE]</p><p><br /></p>
[QUOTE="BooksB4Coins, post: 2696418, member: 36230"]And this, sir, is why you'd be wise to slow it down. This gentleman's question was asked for a very good reason. The coins in one's collection can be an excellent indicator of their knowledge and understanding of this hobby, and is probably why he took this approach. He is someone you could have greatly benefited from listening to, was simply trying to help, and is certainly not someone you should needlessly be talking down to (post #48). Just so you know, there's a lot of crap and misinformation on this forum, so be careful taking everything you read here at face value. You're already talking about buying raw to submit for resale, when barely a month into your new hobby, and have no real experience grading? You say this as if it's a forgone conclusion that everything will grade and that all will work out well, so I can only assume you don't realize how many before you thought the same, then learned the hard way just how terribly wrong they were. Buy coin, submit coin, rake in cash may sound great as a newbie, but in practice it is very, very rarely so easy without the prerequisite knowledge, and even then it's not always a cake walk. Do you understand that not all coins will even grade out, and that pegging down an achievable retail value isn't as simple as looking at some guide? Honest question and is really something you really need to know. Please, go back to what [USER=24633]@cpm9ball[/USER] said in post #3. His greater point was that you need to [I][B]learn[/B][/I] first. It doesn't really matter what TPG may best fit your stated desires if you're unable to first and properly (to individual TPG standards) grade for yourself. The TPGs can be used as a crutch when buying already slabbed (although it's nowhere near the perfect solution someone earlier suggested) but when the plan is to submit to them yourself, not knowing how to grade (or at least having someone who does screen for you) is, to be honest and with all due respect, downright foolish. This is an excellent example of what I addressed above. While perfectly fine coins for the albums you purchased, they're simply not smart candidates for submission. Even if you meant acquiring other significantly nicer coins to submit, you still must understand that if they're not exceptionally nice and will not grade out at a high level, you'll lose money. A coin, and this goes for [I]ANY[/I] coin, is what it is regardless of its holder. Slabs offer many benefits, yes, but they don't change what a coin is. Slabbing is worthwhile when doing so adds to a coin (liquidity, independently verified authenticity, etc) of at least equal value to the cost of submission, but when it does not or cannot, it's really a waste of time and money simply because by doing so you're permanently burying yourself. If you wish to collect plastic, that's fine, but if you wish to collect coins, collect coins and pay for plastic when, and only when, it benefits both you and the individual coin. Best of luck...[/QUOTE]
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