Occasionally. You have to reserve the coin at a level where you are making a profit. The advantage of efficient auction companies is to get maximum exposure of coins, whether good for grade, under or over-graded material into the marketplace. I don't want to be someone sitting on coins for months and months at high retail levels. For me efficient auction companies can be win-win situations.
I picked up the following "Bust" quarter in a dealer's discard box. It took over a month to get it graded, etc. but there it is, being sold at auction with a profit. http://www.greatcollections.com/Coin/45975/1831-Capped-Bust-Quarter-Small-Letters-ANACS-VF-25
Been a while since anyone posted on this thread. Here is a nice Rim-Toned 1831 Small Letters Bust Quarter, B-2, XF45 NGC Enjoy! Best Regards, George
I got the focus a bit better on this one. Scratch and all it came to me many years ago for almost nothing.
1829 Capped Bust Half AU58 NGC O-103 Some of the most vivid color I've ever seen on a CBH. Enjoy! Best Regards, George
Nice coin there. Looks like a 45+ obv with a very solid 50 rev to me. With that attractive coloration, I'm surprised that one didn't get a bump to AU 50.
Here is a Bust dollar I picked up at a Vermont gold buyer's shop for $1000: http://i.imgur.com/qHB7nOJ.jpg http://i.imgur.com/7JhEd3Z.jpg My only concern was the silver metal in the "R". Not sure what it is but it graded OK.