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<p>[QUOTE=&quot;cdc, post: 1439749, member: 33641&quot;]Assuming you had the money and liked these coins, how far up the grading scale would you buy into? How nice is nice enough?</p><p>Although not experienced at this, I worry that it is easy to manipulate grading within 1 point and it gets to the point of opinion. You could lose hundreds or thousands of dollars being off by one grade. </p><p>The latest book I read said TPG&#039;s decide what the coin is worth and THEN assign a grade corresponding to that market value. So depending on whether there is an &quot;up&quot; or &quot;down&quot; market, the grade will vary......uuggghhhhh.</p><p><br /></p><p><br /></p><p>I just picked these as being a representative example:</p><p><br /></p><p>&nbsp; COIN........PF-62RB.....PF-63RB....PF-64RB.....PF-65R</p><p>1870 2 cent...400.........500...........600........3,500</p><p>Difference in price is small ~10-20% until you get to PF-65</p><p><br /></p><p><br /></p><p>COIN.............MS-60...MS-62..MS-63......MS-64....MS-65</p><p>1886-O Morgan....700....2,000....4,000....10,000..200,000</p><p><br /></p><p>Difference is large ~200+% and very expensive. You could make (or loose) very easily. Averaging obverse vs. reverse? Accounting for field quality? Where and how many bag marks? No so cut and dry IMHO.</p><p><br /></p><p><br /></p><p>COIN.....MS-63...MS-64....MS-65....MS-66....MS-67.MS-68</p><p>1976 IKE....14.......20........25.........40.........75......375</p><p>1978-D IKE...5......20.......75..........325......5,000</p><p>Differences as a percent are large, but relatively small for actual dollar amount.</p><p><br /></p><p>So where would YOU stop on the buying scale for either enjoyment or investment? For the Morgan, $190,000 would buy a lot of other coins.[/QUOTE]</p><p><br /></p>

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