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PCGS and NGC is there grading similar ?
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<p>[QUOTE="GDJMSP, post: 8520385, member: 112"][USER=26550]@mpcusa[/USER] </p><p>Now that the thread has progressed, it seems that this is the real question you want answered. <u>As a general rule</u>, is playing the crack-out game profitable ?</p><p><br /></p><p>The rather obvious, or at least it should be obvious, answer is - no, it is not. And the reason it should be obvious is - if it was, everybody would be doing it. So the fact that everybody is not doing it answers your question.</p><p><br /></p><p>The next step or question asked in these discussions is typically - <u>can</u> playing the crack-out game be profitable ? And the answer to that question is a resounding yes ! But there is a huge qualifier to that answer - ONLY if one has the required skill, experience, and knowledge to be able to correctly and consistently pick out the few specific coins where this can be done.</p><p><br /></p><p>And that, that's the hard part. And it's the reason that the few people who can do this are the highest paid people there are in numismatics. They are known as buyers and they typically work for the largest dealers and auction houses. Their job is to travel the country going to coin shows, auctions, and visiting a few dealer shops along the way, seeking out those few specific coins. </p><p><br /></p><p>There are also a few who successfully do this on their own. But because their working capital is usually limited, they can rarely make as much money as they could by working for the big companies. But they can make a decent living.[/QUOTE]</p><p><br /></p>
[QUOTE="GDJMSP, post: 8520385, member: 112"][USER=26550]@mpcusa[/USER] Now that the thread has progressed, it seems that this is the real question you want answered. [U]As a general rule[/U], is playing the crack-out game profitable ? The rather obvious, or at least it should be obvious, answer is - no, it is not. And the reason it should be obvious is - if it was, everybody would be doing it. So the fact that everybody is not doing it answers your question. The next step or question asked in these discussions is typically - [U]can[/U] playing the crack-out game be profitable ? And the answer to that question is a resounding yes ! But there is a huge qualifier to that answer - ONLY if one has the required skill, experience, and knowledge to be able to correctly and consistently pick out the few specific coins where this can be done. And that, that's the hard part. And it's the reason that the few people who can do this are the highest paid people there are in numismatics. They are known as buyers and they typically work for the largest dealers and auction houses. Their job is to travel the country going to coin shows, auctions, and visiting a few dealer shops along the way, seeking out those few specific coins. There are also a few who successfully do this on their own. But because their working capital is usually limited, they can rarely make as much money as they could by working for the big companies. But they can make a decent living.[/QUOTE]
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PCGS and NGC is there grading similar ?
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