Log in or Sign up
Coin Talk
Home
Forums
>
Coin Forums
>
US Coins Forum
>
Raw coins vs graded encapsulated
>
Reply to Thread
Message:
<p>[QUOTE="coin dog, post: 4649832, member: 77583"]Third party grading provides protection for the coin, opinion on grade, and assurances of authenticity.</p><p><br /></p><p>Prior to third party grading, many people selling coins were taken advantage of by unscrupulous dealers who would low ball the seller. I remember those days. A "beautiful coin" when sold by the dealer. And, the same coin, a "piece of garbage" when selling it back to the same dealer.</p><p><br /></p><p>Third party grading evened the playing field for both buyers and sellers.</p><p><br /></p><p>I have been collecting coins for well over 50 years, and I am far from an expert at grading, detecting cleaning, authenticity verification, etc. </p><p><br /></p><p>Although the grading is an opinion, it gives the parties involved in a coin transaction a good and fair starting point. </p><p><br /></p><p>I will buy common, inexpensive coins raw. </p><p><br /></p><p>However, my key coins are all third party graded.</p><p><br /></p><p>I would not even consider buying an expensive, frequently counterfeited coin that was not certified.</p><p><br /></p><p>If I see a coin that is worth a large amount of money and is frequently altered or counterfeited,that has not been certified, I wonder why. What is wrong with the coin?</p><p><br /></p><p>Also, when I drop a slab, I do not have to worry about rim dings or other damage. Or, some un-knowledgable person "fat fingering" my coins, and leaving fingerprints on it.</p><p><br /></p><p>I am not an investor. However, when my heirs, who know or care nothing about my coins, go to sell my expensive coins, I do not want them to get ripped off. They can at least plug in the certification number and get a ball park figure on a fair price.</p><p><br /></p><p>Good luck selling your raw coins.</p><p><br /></p><p>The above is just my opinion.[/QUOTE]</p><p><br /></p>
[QUOTE="coin dog, post: 4649832, member: 77583"]Third party grading provides protection for the coin, opinion on grade, and assurances of authenticity. Prior to third party grading, many people selling coins were taken advantage of by unscrupulous dealers who would low ball the seller. I remember those days. A "beautiful coin" when sold by the dealer. And, the same coin, a "piece of garbage" when selling it back to the same dealer. Third party grading evened the playing field for both buyers and sellers. I have been collecting coins for well over 50 years, and I am far from an expert at grading, detecting cleaning, authenticity verification, etc. Although the grading is an opinion, it gives the parties involved in a coin transaction a good and fair starting point. I will buy common, inexpensive coins raw. However, my key coins are all third party graded. I would not even consider buying an expensive, frequently counterfeited coin that was not certified. If I see a coin that is worth a large amount of money and is frequently altered or counterfeited,that has not been certified, I wonder why. What is wrong with the coin? Also, when I drop a slab, I do not have to worry about rim dings or other damage. Or, some un-knowledgable person "fat fingering" my coins, and leaving fingerprints on it. I am not an investor. However, when my heirs, who know or care nothing about my coins, go to sell my expensive coins, I do not want them to get ripped off. They can at least plug in the certification number and get a ball park figure on a fair price. Good luck selling your raw coins. The above is just my opinion.[/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
>
US Coins Forum
>
Raw coins vs graded encapsulated
>
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...