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<p>[QUOTE="TypeCoin971793, post: 4652619, member: 78244"]The vast majority of them will rise and fall with the price of gold, at least in the common grades. Higher (rarer) grades will have a premium less affected by the price of gold, but they can be far more volatile based on the economy, demand, and number graded.</p><p><br /></p><p><br /></p><p><br /></p><p>For common dates, AU-50 to MS-63 have very little premium over melt. Like 3% for AU and 10% for MS. Some dates are prohibitively expensive in MS, so it may be only feasible to go with AU or even down to XF/VF.</p><p><br /></p><p><br /></p><p><br /></p><p>I am going to give some contrary advice. Stick to the common coins first. Learn the series. Learn how to grade and what the coins should look like in a particular grade. Pay attention to eye appealing coins and ugly coins, and note what makes them fall into each category. That way if you make any mistakes or regretful purchases, they are relatively cheap and easy to offload with a minimal loss. This will also aid in authentication when you come across raw coins, but I would highly recommend taking an authentication course or studying fake half eagles to get a firm foundation.</p><p><br /></p><p>If you buy the expensive coins first, and you find yourself regretting their purchase because you know how ugly they are as you become more experienced, they will be much harder to sell, and the potential loss is much greater.</p><p><br /></p><p><br /></p><p><br /></p><p>The coins in Pogue’s collection were in a completely different tier than anything else. Each coin was significant to its type/date/variety in some way or another. That garnered much attention that manifested in the auction room. No offense, but the coins you will be pursuing will be “regular class” coins that won’t be significant on the market, unless you will be pursuing MS-67 or “top pop” coins.</p><p><br /></p><p><br /></p><p><br /></p><p>Because it is in an MS holder doesn’t mean it is a nice coin. The collections that do the best are the ones comprised of attractive coins that are high quality for the grade. You need to learn how to expertly evaluate coins to do this. Depending on the number on the slab won’t do you any favors in this regard.[/QUOTE]</p><p><br /></p>
[QUOTE="TypeCoin971793, post: 4652619, member: 78244"]The vast majority of them will rise and fall with the price of gold, at least in the common grades. Higher (rarer) grades will have a premium less affected by the price of gold, but they can be far more volatile based on the economy, demand, and number graded. For common dates, AU-50 to MS-63 have very little premium over melt. Like 3% for AU and 10% for MS. Some dates are prohibitively expensive in MS, so it may be only feasible to go with AU or even down to XF/VF. I am going to give some contrary advice. Stick to the common coins first. Learn the series. Learn how to grade and what the coins should look like in a particular grade. Pay attention to eye appealing coins and ugly coins, and note what makes them fall into each category. That way if you make any mistakes or regretful purchases, they are relatively cheap and easy to offload with a minimal loss. This will also aid in authentication when you come across raw coins, but I would highly recommend taking an authentication course or studying fake half eagles to get a firm foundation. If you buy the expensive coins first, and you find yourself regretting their purchase because you know how ugly they are as you become more experienced, they will be much harder to sell, and the potential loss is much greater. The coins in Pogue’s collection were in a completely different tier than anything else. Each coin was significant to its type/date/variety in some way or another. That garnered much attention that manifested in the auction room. No offense, but the coins you will be pursuing will be “regular class” coins that won’t be significant on the market, unless you will be pursuing MS-67 or “top pop” coins. Because it is in an MS holder doesn’t mean it is a nice coin. The collections that do the best are the ones comprised of attractive coins that are high quality for the grade. You need to learn how to expertly evaluate coins to do this. Depending on the number on the slab won’t do you any favors in this regard.[/QUOTE]
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