Message:

<p>[QUOTE=&quot;treylxapi47, post: 2085852, member: 41863&quot;]Again, I understand all of what you are saying. However that DOES NOT answer the question. </p><p><br /></p><p>We all can see and accept that the market many times gets things wrong, or acts in a rash manner, or erratically, or any number of unpredictable things. Often times the &#039;market&#039; is BEHIND the savvy collectors and dealers, they are the ones capitalizing on the event. </p><p><br /></p><p>Case and point are all of the gimmicks the mint pushes out all of the time. The savvy, astute collectors and dealers all buy in and sell their products on ebay and television for enormous profits. Look at the market reacting to the N.A. Coin and Currency set. The winners were the savvy collectors and dealers who bought and can hold now and name their price, the market has to buy them and look at the increase in prices from the issue price already. That is simply the method I am looking to apply to this very particular and specific situation. </p><p><br /></p><p>If I can capture great coins at reduced prices because of a SLAB perception and not the coin contained therein, then I am going to explore that as an option. </p><p><br /></p><p>By the way, your analogy also works like this. Maybe your cats dont realize they are on the shorter end of the intelligence scale, and are simply doing things out of habit and need, rather than patience and understanding. Just like collectors who cant think for themselves and who have to be told what to collect for value (if thats an important factor in their purchasing decision), they never question the relevance of the other factors that may indeed help them, such as seeing good coins in perceived bottom tier slabs. </p><p><br /></p><p>A part of my collecting strategy besides seeking out undervalued, eye appealing coins, is to offset my financial burden by potentially moving a good coin down the road at a profit. That requires spotting value where most people dont see it. Which goes back to being ahead of the market and seeing things before the masses to position yourself wisely. </p><p><br /></p><p>By the way, you may want to run some numbers. If you can purchase a $400-$500 coin at 80% of its value in a lower tier slab, you can have it regraded and put in a top TPG for about half of the value you saved. Boom $30 to $50 gross profit (no ebay selling though) and thats assuming you dont mark it up or wait a couple years for the market to inflate a little more. Realistically that scenario would have you breaking even or just slightly under at current market levels (if selling on ebay), but thats when it pays to choose wisely and pick up coins that you can wait out for a bit and have already had a steady increase or have always been popular.[/QUOTE]</p><p><br /></p>

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