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<p>[QUOTE="Sedulous, post: 3945060, member: 109297"]Margin factors in here. For an example, I purchased what I believe to be the 3rd or 4th rarest date-mint issue of a particular series earlier this year in Choice BU at about 3.5x less than actual value. I showed it to a couple of trusted dealers at the Chicago ANA earlier this past summer and received a return of "WOW" comments. A desirable coin where you have great margin gives you great flexibility. Say for instance, slab with PCGS' walkthrough service and get the coin back in a few days. You might pay a C-note or two here and there but it barely bites into the larger margin to give you that quick financial return. Secondly, any margin you gain can be applied to the next rare coin. The discovery of a rare item can be a challenge but that is where knowledge and persistent effort come in - seeing what someone else doesn't see (variety, FH, FSB or FB, etc). Heritage is my first choice along with PCGS Gold Shield and CAC sticker. I have one friend who believes CAC is NOT necessary in the case of one who is knowledgeable - my thoughts are that data proves otherwise.[/QUOTE]</p><p><br /></p>
[QUOTE="Sedulous, post: 3945060, member: 109297"]Margin factors in here. For an example, I purchased what I believe to be the 3rd or 4th rarest date-mint issue of a particular series earlier this year in Choice BU at about 3.5x less than actual value. I showed it to a couple of trusted dealers at the Chicago ANA earlier this past summer and received a return of "WOW" comments. A desirable coin where you have great margin gives you great flexibility. Say for instance, slab with PCGS' walkthrough service and get the coin back in a few days. You might pay a C-note or two here and there but it barely bites into the larger margin to give you that quick financial return. Secondly, any margin you gain can be applied to the next rare coin. The discovery of a rare item can be a challenge but that is where knowledge and persistent effort come in - seeing what someone else doesn't see (variety, FH, FSB or FB, etc). Heritage is my first choice along with PCGS Gold Shield and CAC sticker. I have one friend who believes CAC is NOT necessary in the case of one who is knowledgeable - my thoughts are that data proves otherwise.[/QUOTE]
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