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<p>[QUOTE="medoraman, post: 1990901, member: 26302"]Ok, let's accept everything you said sir. Let me accept every premise. STILL there are deals to be had. Why? Because not all coins are alike. You seem to be under a (common) misconception every MS64 1884 O Morgan is identical. Nothing could be further from the truth. I have no idea what they sell for today, (not a US collector anymore), but if the "greysheet" price is $80, some are only worth $60 and others are worth $120. Going to shows and having knowledge helps you sort through and find the better coins. Online with only pics this is MUCH harder to do. Greysheet prices are an AVERAGE of sales, not the going rate for each coin. Collectors who focus solely on X grade of X date usually wind up with a collection of inferior coins for the grade, and poorer resale value. Any dealer will tell you the same. Many times, (and I have heard this from the dealers themselves), they sell the crap 64's online, and save their better coins for shows, because they know many show collectors truly understand there are poor, average, and superior coins for the grade, and are knowledgable enough to recognize the differences.</p><p><br /></p><p>Having said that, yes I have gone to shows and been disappointed. Everyone has. But I have went onto Ebay for a few hours at a time and been disappointed as well. Both have pluses and minuses. I think as you are in numismatics longer maybe you will recognize that. If the shows you go to have "overpriced" slabs, well use the chance to at least examine the coins in the slabs, and find some superior coins. Being in person simply has some important innate advantages.[/QUOTE]</p><p><br /></p>
[QUOTE="medoraman, post: 1990901, member: 26302"]Ok, let's accept everything you said sir. Let me accept every premise. STILL there are deals to be had. Why? Because not all coins are alike. You seem to be under a (common) misconception every MS64 1884 O Morgan is identical. Nothing could be further from the truth. I have no idea what they sell for today, (not a US collector anymore), but if the "greysheet" price is $80, some are only worth $60 and others are worth $120. Going to shows and having knowledge helps you sort through and find the better coins. Online with only pics this is MUCH harder to do. Greysheet prices are an AVERAGE of sales, not the going rate for each coin. Collectors who focus solely on X grade of X date usually wind up with a collection of inferior coins for the grade, and poorer resale value. Any dealer will tell you the same. Many times, (and I have heard this from the dealers themselves), they sell the crap 64's online, and save their better coins for shows, because they know many show collectors truly understand there are poor, average, and superior coins for the grade, and are knowledgable enough to recognize the differences. Having said that, yes I have gone to shows and been disappointed. Everyone has. But I have went onto Ebay for a few hours at a time and been disappointed as well. Both have pluses and minuses. I think as you are in numismatics longer maybe you will recognize that. If the shows you go to have "overpriced" slabs, well use the chance to at least examine the coins in the slabs, and find some superior coins. Being in person simply has some important innate advantages.[/QUOTE]
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