Log in or Sign up
Coin Talk
Home
Forums
>
Coin Forums
>
World Coins
>
Mexico 2nd Republic Coins very scarce Slabbed
>
Reply to Thread
Message:
<p>[QUOTE="Coinsandmedals, post: 4597721, member: 107435"]I can’t speak specifically to the second republic coins; however, I can provide some reasons for why this may be the case for world coins more broadly. </p><p><br /></p><p><b>First</b>: Third-party grading is mostly a driving factor for U.S. coins. In my experience, the majority of foreign collectors prefer their coins raw as opposed to in TPG plastic. This might change with NGC’s push into the international market, but that impact is likely some time out. </p><p><br /></p><p><b>Second</b>: The collector base for some foreign coins can be pretty small. It seems logical that a smaller collector base is likely to submit fewer coins to TPGs. Also, depending on supply a smaller collector base would likely yield less demand. </p><p><br /></p><p><b>Third</b>: It may not make sense to send the coins for grading. It could be that the value of the coin is too low, or perhaps having the coin graded does not add anything tangible to the value. Having a coin graded only adds value if the collector base is willing to pay the premium typically associated with a graded coin. </p><p><br /></p><p>These are likely some of the more substantial reasons, but there are a host of other possible explanations as well. I have found that it is important to take the “top pop” designation lightly when it comes to world coins. For instance, in my last NGC submission, I had three “top pops”, but when there have only been five or so submitted, it doesn’t mean as much. It’s kind of like graduating valedictorian when the entire graduating class is less than a dozen people.[/QUOTE]</p><p><br /></p>
[QUOTE="Coinsandmedals, post: 4597721, member: 107435"]I can’t speak specifically to the second republic coins; however, I can provide some reasons for why this may be the case for world coins more broadly. [B]First[/B]: Third-party grading is mostly a driving factor for U.S. coins. In my experience, the majority of foreign collectors prefer their coins raw as opposed to in TPG plastic. This might change with NGC’s push into the international market, but that impact is likely some time out. [B]Second[/B]: The collector base for some foreign coins can be pretty small. It seems logical that a smaller collector base is likely to submit fewer coins to TPGs. Also, depending on supply a smaller collector base would likely yield less demand. [B]Third[/B]: It may not make sense to send the coins for grading. It could be that the value of the coin is too low, or perhaps having the coin graded does not add anything tangible to the value. Having a coin graded only adds value if the collector base is willing to pay the premium typically associated with a graded coin. These are likely some of the more substantial reasons, but there are a host of other possible explanations as well. I have found that it is important to take the “top pop” designation lightly when it comes to world coins. For instance, in my last NGC submission, I had three “top pops”, but when there have only been five or so submitted, it doesn’t mean as much. It’s kind of like graduating valedictorian when the entire graduating class is less than a dozen people.[/QUOTE]
Your name or email address:
Do you already have an account?
No, create an account now.
Yes, my password is:
Forgot your password?
Stay logged in
Coin Talk
Home
Forums
>
Coin Forums
>
World Coins
>
Mexico 2nd Republic Coins very scarce Slabbed
>
Home
Home
Quick Links
Search Forums
Recent Activity
Recent Posts
Forums
Forums
Quick Links
Search Forums
Recent Posts
Competitions
Competitions
Quick Links
Competition Index
Rules, Terms & Conditions
Gallery
Gallery
Quick Links
Search Media
New Media
Showcase
Showcase
Quick Links
Search Items
Most Active Members
New Items
Directory
Directory
Quick Links
Directory Home
New Listings
Members
Members
Quick Links
Notable Members
Current Visitors
Recent Activity
New Profile Posts
Sponsors
Menu
Search
Search titles only
Posted by Member:
Separate names with a comma.
Newer Than:
Search this thread only
Search this forum only
Display results as threads
Useful Searches
Recent Posts
More...