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PCGS vs. NGC - anyone send the exact same coin to both?
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<p>[QUOTE="brg5658, post: 2302970, member: 29751"]Continually upgrading coins in your collection is not what I consider flipping. Flippers usually have little interest in the hobby from an historical or scientific standpoint, and are essentially online and/or vestpocket dealers. Flippers seldom know much about numismatics, unless it is something that can earn them a buck (e.g., they may know checkypicker guide varieties and nuances of a particular coin that may be undergraded in its current slab). Most couldn't tell you how a coin is minted, when milled coinage became the norm, when steam presses were introduced, etc. </p><p><br /></p><p>They are in "the hobby" to make money by constantly <i>flipping </i>inventory. They are not selling a coin here or there to upgrade a coin or build a higher grade collection.</p><p><br /></p><p>It's not a black or white definition though, some people are hybrids. To each his/her own.[/QUOTE]</p><p><br /></p>
[QUOTE="brg5658, post: 2302970, member: 29751"]Continually upgrading coins in your collection is not what I consider flipping. Flippers usually have little interest in the hobby from an historical or scientific standpoint, and are essentially online and/or vestpocket dealers. Flippers seldom know much about numismatics, unless it is something that can earn them a buck (e.g., they may know checkypicker guide varieties and nuances of a particular coin that may be undergraded in its current slab). Most couldn't tell you how a coin is minted, when milled coinage became the norm, when steam presses were introduced, etc. They are in "the hobby" to make money by constantly [I]flipping [/I]inventory. They are not selling a coin here or there to upgrade a coin or build a higher grade collection. It's not a black or white definition though, some people are hybrids. To each his/her own.[/QUOTE]
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PCGS vs. NGC - anyone send the exact same coin to both?
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