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Just picked up my first old gold. Any opinions on grade/value?
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<p>[QUOTE="GDJMSP, post: 1885781, member: 112"]Richie - yes of course it makes a difference as to the degree of severity of the problem. But when I said the amount of detail on a problem coin makes no difference in the value that is assuming that the degree of the problem is the same on both coins. No, I didn't state that, but I thought it was obvious.</p><p><br /></p><p>And while there may be value in having a coin slabbed, that does not mean that the slabbing increases monetary value. There's more than one kind of value. But what we are talking about here is monetary value.</p><p><br /></p><p>As I have said so many times I can't count them - believe whatever you want. But values in the entire coin industry are based on the Greysheet as a baseline and as I posted many posts earlier the Greysheet states flat out that raw or slabbed a coin has the same value. To me it's kind of hard to argue with that.[/QUOTE]</p><p><br /></p>
[QUOTE="GDJMSP, post: 1885781, member: 112"]Richie - yes of course it makes a difference as to the degree of severity of the problem. But when I said the amount of detail on a problem coin makes no difference in the value that is assuming that the degree of the problem is the same on both coins. No, I didn't state that, but I thought it was obvious. And while there may be value in having a coin slabbed, that does not mean that the slabbing increases monetary value. There's more than one kind of value. But what we are talking about here is monetary value. As I have said so many times I can't count them - believe whatever you want. But values in the entire coin industry are based on the Greysheet as a baseline and as I posted many posts earlier the Greysheet states flat out that raw or slabbed a coin has the same value. To me it's kind of hard to argue with that.[/QUOTE]
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Just picked up my first old gold. Any opinions on grade/value?
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