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<p>[QUOTE="E Pluribus Unum, post: 2911247, member: 74265"]I appreciate your input. I have never submitted a coin for grading so I am not sure what it costs to have one graded and slabbed. I have often wondered how much of a profit can a vendor make selling a slabbed coin for $10 to $15 - sometimes with free shipping.</p><p><br /></p><p><br /></p><p><br /></p><p>You hit the nail on the head. I would even go further to say that a coin in a lower grade can be more visually appealing than one in a higher grade. I have been hunting for a Capped Bust Half Dollar and have seen some graded as VF30 much nicer than some graded XF40 or XF45. It's not that easy to these half dollars with well defined dentiis or with all of the letters of the motto "E PLURIBUS UNUM" present.</p><p><br /></p><p><br /></p><p><br /></p><p><br /></p><p>Since these coins are not expensive, I don't mind paying a little more for a coin if the vendor posts the actual photo. But some (magazine) ads list coins for several hundred dollars with no photos.</p><p><br /></p><p><br /></p><p><br /></p><p>Unfortunately, it's almost an hour drive to the nearest respectable dealer. Otherwise, I would be at the shop everyday. There was a very nice coin shop only 10 minutes from my home. To my dismay, the owner retired.</p><p><br /></p><p><br /></p><p><br /></p><p>Me too.[/QUOTE]</p><p><br /></p>
[QUOTE="E Pluribus Unum, post: 2911247, member: 74265"]I appreciate your input. I have never submitted a coin for grading so I am not sure what it costs to have one graded and slabbed. I have often wondered how much of a profit can a vendor make selling a slabbed coin for $10 to $15 - sometimes with free shipping. You hit the nail on the head. I would even go further to say that a coin in a lower grade can be more visually appealing than one in a higher grade. I have been hunting for a Capped Bust Half Dollar and have seen some graded as VF30 much nicer than some graded XF40 or XF45. It's not that easy to these half dollars with well defined dentiis or with all of the letters of the motto "E PLURIBUS UNUM" present. Since these coins are not expensive, I don't mind paying a little more for a coin if the vendor posts the actual photo. But some (magazine) ads list coins for several hundred dollars with no photos. Unfortunately, it's almost an hour drive to the nearest respectable dealer. Otherwise, I would be at the shop everyday. There was a very nice coin shop only 10 minutes from my home. To my dismay, the owner retired. Me too.[/QUOTE]
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