Log in or Sign up
Coin Talk
Home
Forums
>
Coin Forums
>
Coin Chat
>
Quack Terminology
>
Reply to Thread
Message:
<p>[QUOTE="tommyc03, post: 1240148, member: 17665"]It's pet peeve time. Sorry but I have to vent. Nothing in my collecting years has become more irritating than the refusal of certain dealer to be honest in their advertizing. Specifically I am talking about terms. Such as P.Q. ( premium quality), C.U. ( choice uncirculated), and mixed grades, ie., Good/Very/Good, etc. which means obverse and reverse grades. Many of these dealers are heavy advertizers in Numismatic News and other like publications. And yes, I have tried them out. Often P.Q.- B.U. is usually a slider coming in at A.U. if you are lucky and many of these coins, especially coppers, are actually cleaned or buffed coins being sold at their real B.U. values. My advice now is to stay away! I now deal with only one dealer in Shawnee Mission, Ks. who has for me been the "Real Deal" dealer. He has no fancy big box ads or attitude, just properly graded coins. As for the mixed grade coins, I also stay away from these as in the end when you do finally sell your buyer is only going to pay for the lower of the two grades. The sheldon system is a gimmick also, intended only to hyper inflate coin values. I'm sure in the beginning it was probably an honest attempt to justify better grades properly but it has been abused so often that it is no longer any use to the average collector. The same goes for a CAC designation. If you don't trust your third party grader then what are you having your coins graded for unless you are trying to inflate the values of your own coins?! Thanks for listening.[/QUOTE]</p><p><br /></p>
[QUOTE="tommyc03, post: 1240148, member: 17665"]It's pet peeve time. Sorry but I have to vent. Nothing in my collecting years has become more irritating than the refusal of certain dealer to be honest in their advertizing. Specifically I am talking about terms. Such as P.Q. ( premium quality), C.U. ( choice uncirculated), and mixed grades, ie., Good/Very/Good, etc. which means obverse and reverse grades. Many of these dealers are heavy advertizers in Numismatic News and other like publications. And yes, I have tried them out. Often P.Q.- B.U. is usually a slider coming in at A.U. if you are lucky and many of these coins, especially coppers, are actually cleaned or buffed coins being sold at their real B.U. values. My advice now is to stay away! I now deal with only one dealer in Shawnee Mission, Ks. who has for me been the "Real Deal" dealer. He has no fancy big box ads or attitude, just properly graded coins. As for the mixed grade coins, I also stay away from these as in the end when you do finally sell your buyer is only going to pay for the lower of the two grades. The sheldon system is a gimmick also, intended only to hyper inflate coin values. I'm sure in the beginning it was probably an honest attempt to justify better grades properly but it has been abused so often that it is no longer any use to the average collector. The same goes for a CAC designation. If you don't trust your third party grader then what are you having your coins graded for unless you are trying to inflate the values of your own coins?! Thanks for listening.[/QUOTE]
Your name or email address:
Do you already have an account?
No, create an account now.
Yes, my password is:
Forgot your password?
Stay logged in
Coin Talk
Home
Forums
>
Coin Forums
>
Coin Chat
>
Quack Terminology
>
Home
Home
Quick Links
Search Forums
Recent Activity
Recent Posts
Forums
Forums
Quick Links
Search Forums
Recent Posts
Competitions
Competitions
Quick Links
Competition Index
Rules, Terms & Conditions
Gallery
Gallery
Quick Links
Search Media
New Media
Showcase
Showcase
Quick Links
Search Items
Most Active Members
New Items
Directory
Directory
Quick Links
Directory Home
New Listings
Members
Members
Quick Links
Notable Members
Current Visitors
Recent Activity
New Profile Posts
Sponsors
Menu
Search
Search titles only
Posted by Member:
Separate names with a comma.
Newer Than:
Search this thread only
Search this forum only
Display results as threads
Useful Searches
Recent Posts
More...