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<p>[QUOTE="BooksB4Coins, post: 3221695, member: 36230"]I have to respectfully disagree with you Randy, at least to some extent. With a common series plentiful in MS such as Morgans, Peace, etc, you're generally right. However, this does not apply to all types, nor does an assigned grade automatically indicate a more desirable coin, and this is particularly true with the ever-growing number of maxed-out and/or questionably graded examples ("hot potatoes").</p><p><br /></p><p>What is always desirable and long has been the easiest to liquidate at strong prices is quality. I'm not suggesting this the case with you, but many folks assume grade to be an indicator of a coin's quality and I suppose it is to some extent, but not as much as some think. A high quality, high eye-appeal, truly original coin of a lower technical grade absolutely can and often is more desirable than one of a higher technical grade, plus has the inherent benefit of possibly, even likely being able to sell itself.</p><p><br /></p><p>One can also try thinking for themselves instead of existing as the lemming collector the TPGs love so much. One quick example of this could be Ty II SLQs. Most simply assume FH designated coins to be cream of the crop when the fact is that if one cares to look they'll often find full heads on otherwise unimpressive examples with a mushy escutcheon or nearly non-existent (partially) shield rivets. Would a wise collector (not playing the registry game) be better off sticking only to examples deemed FH by the TPGs, often paying a premium for it, or by searching out a truly special example displaying a nearly FH but also a full shield and well-detailed escutcheon, possibly for a fraction of the price? When it comes time to sell the average collector may not know or understand the difference, but the knowledgeable very well may recognize the opportunity and be willing to pay up for it. The "best" coins a dealer gets rarely need to make it into their case or on their website (or whatever) and for good reason.[/QUOTE]</p><p><br /></p>
[QUOTE="BooksB4Coins, post: 3221695, member: 36230"]I have to respectfully disagree with you Randy, at least to some extent. With a common series plentiful in MS such as Morgans, Peace, etc, you're generally right. However, this does not apply to all types, nor does an assigned grade automatically indicate a more desirable coin, and this is particularly true with the ever-growing number of maxed-out and/or questionably graded examples ("hot potatoes"). What is always desirable and long has been the easiest to liquidate at strong prices is quality. I'm not suggesting this the case with you, but many folks assume grade to be an indicator of a coin's quality and I suppose it is to some extent, but not as much as some think. A high quality, high eye-appeal, truly original coin of a lower technical grade absolutely can and often is more desirable than one of a higher technical grade, plus has the inherent benefit of possibly, even likely being able to sell itself. One can also try thinking for themselves instead of existing as the lemming collector the TPGs love so much. One quick example of this could be Ty II SLQs. Most simply assume FH designated coins to be cream of the crop when the fact is that if one cares to look they'll often find full heads on otherwise unimpressive examples with a mushy escutcheon or nearly non-existent (partially) shield rivets. Would a wise collector (not playing the registry game) be better off sticking only to examples deemed FH by the TPGs, often paying a premium for it, or by searching out a truly special example displaying a nearly FH but also a full shield and well-detailed escutcheon, possibly for a fraction of the price? When it comes time to sell the average collector may not know or understand the difference, but the knowledgeable very well may recognize the opportunity and be willing to pay up for it. The "best" coins a dealer gets rarely need to make it into their case or on their website (or whatever) and for good reason.[/QUOTE]
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