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<p>[QUOTE="GDJMSP, post: 1303336, member: 112"]I'd agree, most modern coins are worthless, at least in the sense you are talking about. </p><p><br /></p><p><br /></p><p><br /></p><p>Condition rarity, meaning that the nicer a coin is the less there are of them, is something that has been with us since before the time of grading scales. And it applies to all coins, not just modern coins.</p><p><br /></p><p><br /></p><p><br /></p><p>Higher than what ? Or, perhaps more appropriately, higher than who ? Higher than PCGS is about the only answer there can be. That said, what you have heard is both correct, and incorrect. And this is the point that just about everybody who makes comments like yours, ignores. </p><p><br /></p><p>NGC and PCGS use different grading standards, so of course you would expect them to grade coins differently. There's no big surprise in that.Yes there are some coins that NGC will assign a higher grade to than PCGS would. But by the same token there are some coins that NGC will assign a lower grade to than PCGS would. In other words, sometimes PCGS has the tougher grading standards, and sometimes NGC has the tougher grading standards.</p><p><br /></p><p><br /></p><p><br /></p><p>All coins are susceptible to corrosion, or toning as we call it. And it doesn't take 50 years. Toning begins as soon as the coin is struck. The only variable is how fast that toning occurs.</p><p><br /></p><p><br /></p><p><br /></p><p>If the toning is allowed to continue unchecked - yes, they will.</p><p> </p><p><br /></p><p><br /></p><p>Then stop it. Whether or not the coin continues to tone is entirely up to you. While you cannot stop it completely, you can slow down the toning so much that the coin will remain pretty much just as it is now until you are dead and buried. But the choice is yours. You have to take the steps to do that. Left on its own the coin will continue to tone until it turns black. All you have to do is practice proper storage methods and it will stay just like it is now.</p><p><br /></p><p><br /></p><p><br /></p><p>It seems this part of your question is directed more towards a coin retaining its value than it is towards a coin maintaining its condition. But even your assumption there is incorrect. For a 3 legged Buff, or a doubled die coin will vary greatly in value depending on the grade/condition of the coin. And as for toning, even these coins will go up or down in value depending on whether or not that toning is attractive, or unattractive.</p><p><br /></p><p>And if market changes occur, varieties and errors change in value just like all other coins. They are not immune to dropping in price any more than any other coin. The value of all coins, no matter what they are, go up and down in value all the time depending on the situation at hand at the present time. None of them are immune to this.[/QUOTE]</p><p><br /></p>
[QUOTE="GDJMSP, post: 1303336, member: 112"]I'd agree, most modern coins are worthless, at least in the sense you are talking about. Condition rarity, meaning that the nicer a coin is the less there are of them, is something that has been with us since before the time of grading scales. And it applies to all coins, not just modern coins. Higher than what ? Or, perhaps more appropriately, higher than who ? Higher than PCGS is about the only answer there can be. That said, what you have heard is both correct, and incorrect. And this is the point that just about everybody who makes comments like yours, ignores. NGC and PCGS use different grading standards, so of course you would expect them to grade coins differently. There's no big surprise in that.Yes there are some coins that NGC will assign a higher grade to than PCGS would. But by the same token there are some coins that NGC will assign a lower grade to than PCGS would. In other words, sometimes PCGS has the tougher grading standards, and sometimes NGC has the tougher grading standards. All coins are susceptible to corrosion, or toning as we call it. And it doesn't take 50 years. Toning begins as soon as the coin is struck. The only variable is how fast that toning occurs. If the toning is allowed to continue unchecked - yes, they will. Then stop it. Whether or not the coin continues to tone is entirely up to you. While you cannot stop it completely, you can slow down the toning so much that the coin will remain pretty much just as it is now until you are dead and buried. But the choice is yours. You have to take the steps to do that. Left on its own the coin will continue to tone until it turns black. All you have to do is practice proper storage methods and it will stay just like it is now. It seems this part of your question is directed more towards a coin retaining its value than it is towards a coin maintaining its condition. But even your assumption there is incorrect. For a 3 legged Buff, or a doubled die coin will vary greatly in value depending on the grade/condition of the coin. And as for toning, even these coins will go up or down in value depending on whether or not that toning is attractive, or unattractive. And if market changes occur, varieties and errors change in value just like all other coins. They are not immune to dropping in price any more than any other coin. The value of all coins, no matter what they are, go up and down in value all the time depending on the situation at hand at the present time. None of them are immune to this.[/QUOTE]
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