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<p>[QUOTE="rhoggman, post: 387734, member: 13987"]This is exactly why people play the crackout game. They see a MS65 in a MS63 holder, and say.... "WOW! This is an opportunity to make some cash." </p><p> </p><p>Even if you were going to hold on to the coin for investment puposes, and you thought it deserved a higher grade it benefits you to play the crackout game if you are correct.</p><p> </p><p>I have heard the the "crackers" success has went way down in recent years as the TPG's are actually tightening up a bit.</p><p> </p><p>One more thought.... graded coins are also traded like commodities between certain dealers. If you have a PCGS or NGC graded coin the wholesale value can be attained "sight unseen". Even the wholsale price between graded can be significant.</p><p> </p><p>Admiring coins for their beauty is something all collectors do, but IMO they should also pay attention to the investment aspect if for no other reason than the need for liquidity in times of emergency. Most other investments offer you a way to retrieve your wealth, but in the case of a coin collection... you are the fund manager. Being the fund manager, CEO, financial advisor, or whatever make sure you take care of the shareholder, the customer, or the comapny livelyhood.[/QUOTE]</p><p><br /></p>
[QUOTE="rhoggman, post: 387734, member: 13987"]This is exactly why people play the crackout game. They see a MS65 in a MS63 holder, and say.... "WOW! This is an opportunity to make some cash." Even if you were going to hold on to the coin for investment puposes, and you thought it deserved a higher grade it benefits you to play the crackout game if you are correct. I have heard the the "crackers" success has went way down in recent years as the TPG's are actually tightening up a bit. One more thought.... graded coins are also traded like commodities between certain dealers. If you have a PCGS or NGC graded coin the wholesale value can be attained "sight unseen". Even the wholsale price between graded can be significant. Admiring coins for their beauty is something all collectors do, but IMO they should also pay attention to the investment aspect if for no other reason than the need for liquidity in times of emergency. Most other investments offer you a way to retrieve your wealth, but in the case of a coin collection... you are the fund manager. Being the fund manager, CEO, financial advisor, or whatever make sure you take care of the shareholder, the customer, or the comapny livelyhood.[/QUOTE]
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