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<p>[QUOTE=&quot;GDJMSP, post: 310957, member: 112&quot;]It has absolutely nothing to do with investing. What it does is teach you what a fair price is for a given coin in a given grade - so you do not pay too much. Even if you don&#039;t care one small bit about making a profit at some time in the future - it is still silly to just throw money away.</p><p><br /></p><p>A person can look at all the price guides and completed auctions in the world - but that still does not tell you what a fair price would be for the coin in front of you is. It gives you an idea yes, but since every single coin out there is different, even if graded the same as another, it may well sell for a higher or lower price - each coin is unique in that way.</p><p><br /></p><p>And no it doesn&#039;t matter if the coin is slabbed or raw - they are all graded if only by the seller you are buying from at the time. </p><p><br /></p><p>Say you buy a coin graded as XF by the seller, you happen to agree with that grade. But a couple years later you find a nicer example of the same coin and buy it. Now you have a duplicate, so you decide to sell that duplicate. When you do sell it, the best you can do is to get VF money for the coin. What did you just learn ?</p><p><br /></p><p>You learned that not only did the seller you bought this coin from over-grade it - you did as well. So now you need to learn where and why you made your mistake.</p><p><br /></p><p>You learn things from selling coins folks, whether you think you will or not - you will ! And they will be things that you cannot and will not learn any other way. That is why selling an occassional coin is so important. Please believe me about this, I wouldn&#039;t be saying it if it wasn&#039;t so.[/QUOTE]</p><p><br /></p>

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