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Just picked up my first old gold. Any opinions on grade/value?
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<p>[QUOTE="GDJMSP, post: 1884052, member: 112"]Detail grades are meaningless because there is no grade at all since problem coins cannot be graded. In other words, there's no difference between a G details and an Unc details label.</p><p><br /></p><p>Some folks however just can't seem to wrap their heads around the idea that problem coins have no grade, none at all, and they never have had any. So after 20 years of refusing to slab problem coins at all, the TPGs in order to keep their customers happy, and to get the money from submissions of problem coins flowing in, put those designations on the labels.</p><p><br /></p><p>It's just another of their marketing methods kind of like putting First Strike, Early Release on the labels when those words meaning nothing at all. But because they are there, people spend their money to get them there.[/QUOTE]</p><p><br /></p>
[QUOTE="GDJMSP, post: 1884052, member: 112"]Detail grades are meaningless because there is no grade at all since problem coins cannot be graded. In other words, there's no difference between a G details and an Unc details label. Some folks however just can't seem to wrap their heads around the idea that problem coins have no grade, none at all, and they never have had any. So after 20 years of refusing to slab problem coins at all, the TPGs in order to keep their customers happy, and to get the money from submissions of problem coins flowing in, put those designations on the labels. It's just another of their marketing methods kind of like putting First Strike, Early Release on the labels when those words meaning nothing at all. But because they are there, people spend their money to get them there.[/QUOTE]
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Coin Talk
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Just picked up my first old gold. Any opinions on grade/value?
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