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Just picked up my first old gold. Any opinions on grade/value?
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<p>[QUOTE="CamaroDMD, post: 1885742, member: 5233"]I would completely disagree with this comment. Sure, a problem coin is ALWAYS going to be worth less than a problem free example...but among problem coins the degree of damage and the wear plays a factor into how much the coin is worth. I do agree with you "details grades" are the TPGs way of answering to complaining collectors...but the wear on a coin does matter, even with a problem coin. A harshly cleaned 1909-S VDB with XF details is worth than one with G details assuming the coins are cleaned to about the same degree. How much are they worth? Well, that's up the buyer as problem coins are VERY hard to price...but I can guarantee the XF details example will sell for more than the G details.</p><p><br /></p><p><br /></p><p>This statement isn't entirely accurate...or at least it is somewhat misleading. When a coin is slabbed it is evaluated and accessed by a someone who is considered an "expert" in their field. Their opinion does have value due to their experience and thus having that opinion tied to the coin does add value to the coin. Is the COIN worth more inside the slab? No, the COIN is not...it's the same identical coin that was once raw. Nothing has changed. However, the <u>package of the coin with the expert evaluation</u> is worth more than the coin alone. Sales prices have shown this (with respect to PCGS and NGC). Slabbed coins sell on average for more than a raw coin. How much more? Depends on the coin. But, there is some value with the slab.</p><p><br /></p><p>You are correct that the slab also makes the coin easier to sell.[/QUOTE]</p><p><br /></p>
[QUOTE="CamaroDMD, post: 1885742, member: 5233"]I would completely disagree with this comment. Sure, a problem coin is ALWAYS going to be worth less than a problem free example...but among problem coins the degree of damage and the wear plays a factor into how much the coin is worth. I do agree with you "details grades" are the TPGs way of answering to complaining collectors...but the wear on a coin does matter, even with a problem coin. A harshly cleaned 1909-S VDB with XF details is worth than one with G details assuming the coins are cleaned to about the same degree. How much are they worth? Well, that's up the buyer as problem coins are VERY hard to price...but I can guarantee the XF details example will sell for more than the G details. This statement isn't entirely accurate...or at least it is somewhat misleading. When a coin is slabbed it is evaluated and accessed by a someone who is considered an "expert" in their field. Their opinion does have value due to their experience and thus having that opinion tied to the coin does add value to the coin. Is the COIN worth more inside the slab? No, the COIN is not...it's the same identical coin that was once raw. Nothing has changed. However, the [U]package of the coin with the expert evaluation[/U] is worth more than the coin alone. Sales prices have shown this (with respect to PCGS and NGC). Slabbed coins sell on average for more than a raw coin. How much more? Depends on the coin. But, there is some value with the slab. You are correct that the slab also makes the coin easier to sell.[/QUOTE]
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Just picked up my first old gold. Any opinions on grade/value?
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