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<p>[QUOTE="cladking, post: 892605, member: 68"]...post in haste</p><p><br /></p><p>I shoulkd have left this thread alone.</p><p><br /></p><p>I think a lot of people are buying 70's who really should be buying 69's or raw. It depends on the specific individual and the specific coins and their relative prices. Some people just have to have the best and there's nothing wrong with that. Some people can fully appreciate the value of the higher grade and can easily afford it. </p><p><br /></p><p>But the fact is that these do come extremely nice and many collectors have a lot of difficulty seeing the attributes which result in the highest grades. It simply doesn't make sense to spend a lot more on coins that are indiscernably different unless you are buying them for appreciation. This might not be a bad bet since as collectors mature more may be able to see the difference and the demand increase. More collectors might enter the hobby and put more stress on the lower supplies. But it is generally not wise to invest in any sort of collectible and this means coins too. Yes, most coin collectors take a flyer on a coin once in a while but generally collectors prefer to "invest" in coins they can buy at under market or something which they know market price is too low because of what they've learned as a collector. </p><p><br /></p><p>I usually advise people who have the access to coins to get out and look at the raw coins. Pick through dealer stock and select superior examples and make your own set. When it comes time to sell you'll quite possibly have to spend the money to get them graded but in the mean time you have the best of all worlds; highest quality, near lowest price, and you've saved the grading fees. </p><p><br /></p><p>70's are great coins but you have to pay the price to have them. 69's are great coins too and often look ridiculously underpriced but raw coins tend to be even cheaper and often as nice as 69's. </p><p><br /></p><p>To each his own.[/QUOTE]</p><p><br /></p>
[QUOTE="cladking, post: 892605, member: 68"]...post in haste I shoulkd have left this thread alone. I think a lot of people are buying 70's who really should be buying 69's or raw. It depends on the specific individual and the specific coins and their relative prices. Some people just have to have the best and there's nothing wrong with that. Some people can fully appreciate the value of the higher grade and can easily afford it. But the fact is that these do come extremely nice and many collectors have a lot of difficulty seeing the attributes which result in the highest grades. It simply doesn't make sense to spend a lot more on coins that are indiscernably different unless you are buying them for appreciation. This might not be a bad bet since as collectors mature more may be able to see the difference and the demand increase. More collectors might enter the hobby and put more stress on the lower supplies. But it is generally not wise to invest in any sort of collectible and this means coins too. Yes, most coin collectors take a flyer on a coin once in a while but generally collectors prefer to "invest" in coins they can buy at under market or something which they know market price is too low because of what they've learned as a collector. I usually advise people who have the access to coins to get out and look at the raw coins. Pick through dealer stock and select superior examples and make your own set. When it comes time to sell you'll quite possibly have to spend the money to get them graded but in the mean time you have the best of all worlds; highest quality, near lowest price, and you've saved the grading fees. 70's are great coins but you have to pay the price to have them. 69's are great coins too and often look ridiculously underpriced but raw coins tend to be even cheaper and often as nice as 69's. To each his own.[/QUOTE]
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