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<p>[QUOTE="SuperDave, post: 2396675, member: 1892"]Buying raw Morgans at a show is just another aspect of the most important skill for a numismatist - <i>due diligence</i>. If you're standing in front of a dealer who has three cases of slabbed Morgans and two cases of raw ones, and you're having trouble reaching him because of the business he's doing, you can reasonably assume that the Morgan you buy from him is going to be genuine. If, on the other hand, he's a World coin seller who has a half-dozen raw Morgans in a corner of a case, more caution might be warranted. Exceptions exist in both cases; that's just a simplistic illustration of the process. </p><p><br /></p><p>Do not be afraid of raw Morgans. It's not like they all <b>have</b> to be slabbed; there is a decent demographic of collectors (myself among them) who prefer to buy raw. Of course, extra caution is warranted for a newer collector like yourself.[/QUOTE]</p><p><br /></p>
[QUOTE="SuperDave, post: 2396675, member: 1892"]Buying raw Morgans at a show is just another aspect of the most important skill for a numismatist - [I]due diligence[/I]. If you're standing in front of a dealer who has three cases of slabbed Morgans and two cases of raw ones, and you're having trouble reaching him because of the business he's doing, you can reasonably assume that the Morgan you buy from him is going to be genuine. If, on the other hand, he's a World coin seller who has a half-dozen raw Morgans in a corner of a case, more caution might be warranted. Exceptions exist in both cases; that's just a simplistic illustration of the process. Do not be afraid of raw Morgans. It's not like they all [B]have[/B] to be slabbed; there is a decent demographic of collectors (myself among them) who prefer to buy raw. Of course, extra caution is warranted for a newer collector like yourself.[/QUOTE]
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Received Free Certificate for ANACS Graded Coin
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