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<p>[QUOTE="NorthKorea, post: 1710059, member: 29643"]This is a somewhat unfair assessment when taken in full context of what is being said.</p><p><br /></p><p>If someone collected "through littleton for 20-30 years," (sic) that would mean they started buying from them between 1983-1993. PCGS started in 1985, and NGC started in 1987. That means the purchases were made while the industry, as a whole, was using adjectival scales and net grading, or just starting to accept the Sheldon scale on a wide basis. Also, I would assume that many of the purchases made by those individuals would have been made selectively during that period. If they bought circulated junk, yes, it'd be worth... well circulated junk. However, if they bought higher grade items, they're probably worth much more than 1/8 what they paid.</p><p> </p><p>I bought from Littleton from 1989-1994, but focused my collection on silver eagles and Morgans. I have sold off 90% of what I bought at a tidy profit. Yes, I would have made more buying elsewhere, and yes, I made more from my Coca Cola shares that I bought with my Christmas money in 1986, but I still made a profit (doubled my money in 10-15 years) and got to keep eight coins in the process.</p><p><br /></p><p>Littleton is overpriced. That's a given. They run a retail market based upon advertisements in national syndicated media. They don't focus on trade journals, so they pay a LOT more to market their products. However, they're generally accurate on their grading (for the graded stuff), and their "MS-60" pouched items are a nice way to pick up Unc coins at a decent price. I recently picked up a 1979p SBA MS60 Littleton, and PCGS graded it MS65 Wide Rim. Yes, the "slot" grade for SBAs seems to be MS67, but MS65 still beats MS60.</p><p><br /></p><p>I firmly believe that Littleton must still use the old net grading system and looks to see if a coin would net grade as uncirculated. The coin then gets place in the appropriate "MS-60" or "Proof-63" pouch.[/QUOTE]</p><p><br /></p>
[QUOTE="NorthKorea, post: 1710059, member: 29643"]This is a somewhat unfair assessment when taken in full context of what is being said. If someone collected "through littleton for 20-30 years," (sic) that would mean they started buying from them between 1983-1993. PCGS started in 1985, and NGC started in 1987. That means the purchases were made while the industry, as a whole, was using adjectival scales and net grading, or just starting to accept the Sheldon scale on a wide basis. Also, I would assume that many of the purchases made by those individuals would have been made selectively during that period. If they bought circulated junk, yes, it'd be worth... well circulated junk. However, if they bought higher grade items, they're probably worth much more than 1/8 what they paid. I bought from Littleton from 1989-1994, but focused my collection on silver eagles and Morgans. I have sold off 90% of what I bought at a tidy profit. Yes, I would have made more buying elsewhere, and yes, I made more from my Coca Cola shares that I bought with my Christmas money in 1986, but I still made a profit (doubled my money in 10-15 years) and got to keep eight coins in the process. Littleton is overpriced. That's a given. They run a retail market based upon advertisements in national syndicated media. They don't focus on trade journals, so they pay a LOT more to market their products. However, they're generally accurate on their grading (for the graded stuff), and their "MS-60" pouched items are a nice way to pick up Unc coins at a decent price. I recently picked up a 1979p SBA MS60 Littleton, and PCGS graded it MS65 Wide Rim. Yes, the "slot" grade for SBAs seems to be MS67, but MS65 still beats MS60. I firmly believe that Littleton must still use the old net grading system and looks to see if a coin would net grade as uncirculated. The coin then gets place in the appropriate "MS-60" or "Proof-63" pouch.[/QUOTE]
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