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<p>[QUOTE="digibyte, post: 1757607, member: 56443"]My experience was my own fault by not checking who was grading the coins. I looked at the coins and they appeared to be nice unc mint issues. When you are looking at photos and not the real deal it is often difficult to get the complete picture as to grade. When I received the coins there were some minor markings like they came out of a roll which is most likely the case. I think the guy buys rolls and then breaks open the rolls, slabs them with all the same grade and sells them. In my case he put sets of the P, S and D together at around $4 each. In the Red book they are listed at $8 each. Even with the slight imperfections I'm sure they could be resold for the $4 plus shipping. So I didn't lose anything in that respect. However, I don't understand why the guy doesn't do a better job of grading the coins. I'm not sure I would call it a scam, it is more greed where buys think they are getting a fantastic deal on a fantastic coin. In the case of Presidential dollars there are no good deals. In fifty years the dollars will not be worth much more than they are now in my opinion. It is one of those issues you have to really enjoy what you purchased and not buy as an investment. I have the two Grover Cleveland issues in nice unc condition and I"m happy with that. They aren't MS70, but I don't really care about that other than the grading is crap. I also have two 1893 Cleveland Colombian Expo commemorative medals which do have investment value and in 50 years should be worth considerably more than they are today.[/QUOTE]</p><p><br /></p>
[QUOTE="digibyte, post: 1757607, member: 56443"]My experience was my own fault by not checking who was grading the coins. I looked at the coins and they appeared to be nice unc mint issues. When you are looking at photos and not the real deal it is often difficult to get the complete picture as to grade. When I received the coins there were some minor markings like they came out of a roll which is most likely the case. I think the guy buys rolls and then breaks open the rolls, slabs them with all the same grade and sells them. In my case he put sets of the P, S and D together at around $4 each. In the Red book they are listed at $8 each. Even with the slight imperfections I'm sure they could be resold for the $4 plus shipping. So I didn't lose anything in that respect. However, I don't understand why the guy doesn't do a better job of grading the coins. I'm not sure I would call it a scam, it is more greed where buys think they are getting a fantastic deal on a fantastic coin. In the case of Presidential dollars there are no good deals. In fifty years the dollars will not be worth much more than they are now in my opinion. It is one of those issues you have to really enjoy what you purchased and not buy as an investment. I have the two Grover Cleveland issues in nice unc condition and I"m happy with that. They aren't MS70, but I don't really care about that other than the grading is crap. I also have two 1893 Cleveland Colombian Expo commemorative medals which do have investment value and in 50 years should be worth considerably more than they are today.[/QUOTE]
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