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<p>[QUOTE=&quot;Long Beard, post: 5200126, member: 108674&quot;]As a long time collector, beginning at a time when only ANACS graded coinage, I am one of the dwindling population still actively pursuing the hobby. While this may explain my firm belief to &quot;buy the coin not the holder&quot;, this is not to say that I have not or would not buy a third party graded coin. Yet, as contradictory as it may sound, that phrase still applies. What this means is, currently assembling the West Point quarters in PCGS MS65- a nice middle grade- I have selected only the standard blue labels with nothing but the basic information. Why? Those fancy labels, with the themes, bright colors and overly described wording only detract from the coin within. Where is your eye drawn first? As I mentioned, I&#039;m a coin collector and my eyes do not get distracted by a holder.</p><p><br /></p><p>So, the reason for the title. Collectors seem to have been drawn into collecting plastic holders in recent years. As such, the prices have risen, often drastic at times, none so than at the moment. Getting back to the West Point quarters. None of those 2019 specimens set me back more than $30, having four of the five. Searching for the final issue on EBAY, I stumbled upon a War in the Pacific graded PCGS MS64 with a &quot;First Discovery&quot; label proclaiming it to be only 1 of 3. The BIN price is $2800 with a best offer option. So the question is, using the best offer option, what would it ultimately sell for? Eventually it will sell, although far short of the ask price I would think, and most certainly far above an otherwise same graded specimen. What really leaves me shaking my head is how those paying huge premiums seem to forget about long term value. Markets rise and fall. Somehow I can not see the price spread remaining between two identical coins over say ten years. One only needs to look at the thousands of dollars those First Discovery coins sold for at the time. For the person having paid such a huge premium, where&#039;s the value? These things I learned having witnessed them in my 47 years of collecting.[/QUOTE]</p><p><br /></p>

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