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Just picked up my first old gold. Any opinions on grade/value?
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<p>[QUOTE="drathbun, post: 1884211, member: 42789"]Wow, lots of possibilities for problelm coins... Let me try stating the issue another way.</p><p><br /></p><p>Summary: There are two types of coins: those with problems (such as those listed in the prior post) and those without problems.</p><p><br /></p><p>Case 1: Coins <b>without</b> problems can be graded, and the value of the coin can be roughly determined by the results of the grading.</p><p><br /></p><p>Case 2: Coins <b>with </b>problems cannot be graded, but the value of the coin can still be roughly determined by other factors such as condition, the so-called "eye appeal", and factors outside of the damage. It is for this reason that a rating company might use a "details" slab, basically stating that if it were not for the "problem" the coin could have been graded XX. An ugly problem coin will have a lower perceived value than a pretty coin with the same problem, but neither can be assigned a formal grade.</p><p><br /></p><p>Is that somewhat close, or am I still missing something?[/QUOTE]</p><p><br /></p>
[QUOTE="drathbun, post: 1884211, member: 42789"]Wow, lots of possibilities for problelm coins... Let me try stating the issue another way. Summary: There are two types of coins: those with problems (such as those listed in the prior post) and those without problems. Case 1: Coins [B]without[/B] problems can be graded, and the value of the coin can be roughly determined by the results of the grading. Case 2: Coins [B]with [/B]problems cannot be graded, but the value of the coin can still be roughly determined by other factors such as condition, the so-called "eye appeal", and factors outside of the damage. It is for this reason that a rating company might use a "details" slab, basically stating that if it were not for the "problem" the coin could have been graded XX. An ugly problem coin will have a lower perceived value than a pretty coin with the same problem, but neither can be assigned a formal grade. Is that somewhat close, or am I still missing something?[/QUOTE]
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Just picked up my first old gold. Any opinions on grade/value?
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