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Coin Talk
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Problem Coins don't have to be a Problem!
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<p>[QUOTE="Insider, post: 2473365, member: 24314"]I was sitting around looking for something to argue about. <img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie12" alt="o_O" unselectable="on" unselectable="on" /></p><p><br /></p><p>While I agree with much of the posts; true enough, if you purchase problem coins at the right price you can do very well. </p><p><br /></p><p>I know several dealers who buy virtually nothing but problem coins (slabbed and raw). They have them slabbed at basement prices - $10 a pop and <span style="color: #b30000">flip them</span> within a month. There is a large market of collectors who value cheap prices over "good" coins. </p><p><br /></p><p>What I will question is this" I know you are no dummy. From the coins you purchased, you have some $$$ to play with. <span style="color: #006600">So why are you tying your money up for years in junk that you take so long to sell? </span> It's like poring it down the pot. I know, I know, it's a free country. Nevertheless, IMHO, with your knowledge you could have rolled those purchases over (if you had access to large shows or coin clubs) and actually made money. This may be one of those cases where a small amount of interest in a bank out performed your coins, no?</p><p><br /></p><p>like cheapI agree with much of the posts.</p><p><br /></p><p><br /></p><p>Easy! If I take an MS-70 SE and whiz it very lightly, I may not remove enough of its surface to drop it below an AU-58 "Details Whizzed" grade.[/QUOTE]</p><p><br /></p>
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