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<p>[QUOTE="Owle, post: 1533002, member: 22004"]Good points but the graded coins are usually sold above GS ask; so raw coins are a crapshoot but give you the only shot at making money or at least not losing, but also have the highest risk. As Don Willis said on another site; most coin dealers do not know how to properly grade. </p><p><br /></p><p>In terms of the rules and laws governing this, I am afraid we do not complain as often and loudly enough. </p><p><br /></p><p><a href="http://forums.collectors.com/messageview.cfm?catid=26&threadid=295472&STARTPAGE=2" target="_blank" class="externalLink ProxyLink" data-proxy-href="http://forums.collectors.com/messageview.cfm?catid=26&threadid=295472&STARTPAGE=2" rel="nofollow">http://forums.collectors.com/messageview.cfm?catid=26&threadid=295472&STARTPAGE=2</a></p><p><br /></p><p><br /></p><p>“When (if) you represent that a particular coin is a particular numerical grade, you have made an express warranty that the coin is, in fact, the grade you represented it to be, and if it isn’t, you can be held liable for damages.”[/QUOTE]</p><p><br /></p>
[QUOTE="Owle, post: 1533002, member: 22004"]Good points but the graded coins are usually sold above GS ask; so raw coins are a crapshoot but give you the only shot at making money or at least not losing, but also have the highest risk. As Don Willis said on another site; most coin dealers do not know how to properly grade. In terms of the rules and laws governing this, I am afraid we do not complain as often and loudly enough. [url]http://forums.collectors.com/messageview.cfm?catid=26&threadid=295472&STARTPAGE=2[/url] “When (if) you represent that a particular coin is a particular numerical grade, you have made an express warranty that the coin is, in fact, the grade you represented it to be, and if it isn’t, you can be held liable for damages.”[/QUOTE]
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