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Someone please explain Morgan dollar grade
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<p>[QUOTE="BooksB4Coins, post: 1849556, member: 36230"]Calling a damaged coin unc became a part of this discussion a few pages ago, or at least when the coin was cracked out without the clear intent to resubmit.</p><p><br /></p><p><br /></p><p><br /></p><p><br /></p><p>Perhaps you can tell us how you separate those who "<i>genuinely believes the label incorrect</i>" and those who simply wish to increase salability by removing a less than flattering label? I know and agree that TPGs are not perfect, and I also respect your seemingly anti-TPG attitude, but just because they do make mistakes, this should not free someone to hide behind their supposed or claimed opinion. To use the OP's coin as an example: he openly stated that he was hoping for a 66 or at least a 65, so this tells us that if truly confident in the coin, there should be little reason for him not to resubmit. An 1899-O in a PCGS or even NGC66 holder will almost certainly sell quicker and for a higher price than if it were raw, and should easily cover the cost of the resub.</p><p><br /></p><p>As for only buying from reputable sellers... how often do you hear someone say that they buy from schlubs? Surely there are some that knowingly do, but most, including those who toss good money down the drain with ebay dreck peddlers, would tell you that they too only buy from the "<i>good guys</i>". As for "<i>not talking about an assessment from some schmuck that knows nothing about coins</i>", it doesn't matter because the reality is that it is often easier to make money knowingly fluffing dreck than it is to honestly describe. Do you truly believe that all or even most coin sellers (as opposed to dealers - long story) are going to willingly leave money on the table when they know full well that in today's market there is no shortage of so-called collectors who refuse or do not wish to learn about their hobby, yet are happy to be parted with their money? As an example, there is a certain ebay seller who touts his PNG membership, and over the years I've seen many a coin (mostly Seated material) sell on Heritage, Stack's, TT, etc in details/genny holders that magically appear raw in his listings within a few days. Should we assume that this guy cracked not to up the potential selling price, but has done so over and over again because his opinion just happens to differ from that of the TPG? I could clearly see that most of these coins were problems in the auction house photos, yet in his the problems magically became less obvious, but he’s a PNG member so he must be reputable, right (har har)? This is just one example of many, and I could go on and on, but if you know anything about this as a business and or just human nature, my point should make perfect sense.</p><p><br /></p><p>Not that long ago there was another seller who was offering better date/condition Morgans, and in his descriptions was making them out to be quite nice. However, if you looked closely at his photos, the coins (which appeared to have problems) were still in TPG holders, yet this person made no mention of this. Why do you suppose someone would do such a thing? Again, even though problems, these were mostly better date or condition coins, so could it be that they were wanting their cake and to eat it too? If the coin sold at a profitable level, crack it and hope for the best, but if not, they still had them in the problem holders which, at the very least verified the coins as being genuine. Would a person like this do such a thing because of a simple difference in opinion or could it be that the only thing that mattered was what went into their pocket?</p><p><br /></p><p>Please understand that I am not one to blindly drink the kool-aid, and there are many gentlemen whose opinions I place more weight in than that of any TPG. However, for every straight and honest guy, there are ten others that would steal their mother's last dollar if it would benefit them. There are many that use coins as a way to easy money; let's be honest here... it does not take great intelligence or talent to crack a few genny holders and offer to one of the countless ignorant coin buyers out there today.</p><p><br /></p><p>You know the old saying.... "<i>Opinions are like ........, everybody has one</i>".</p><p><br /></p><p><br /></p><p><br /></p><p>-<i><font size="3">My apologies for the poorly written and rambling response; free time is in short supply today.</font></i>[/QUOTE]</p><p><br /></p>
[QUOTE="BooksB4Coins, post: 1849556, member: 36230"]Calling a damaged coin unc became a part of this discussion a few pages ago, or at least when the coin was cracked out without the clear intent to resubmit. Perhaps you can tell us how you separate those who "[I]genuinely believes the label incorrect[/I]" and those who simply wish to increase salability by removing a less than flattering label? I know and agree that TPGs are not perfect, and I also respect your seemingly anti-TPG attitude, but just because they do make mistakes, this should not free someone to hide behind their supposed or claimed opinion. To use the OP's coin as an example: he openly stated that he was hoping for a 66 or at least a 65, so this tells us that if truly confident in the coin, there should be little reason for him not to resubmit. An 1899-O in a PCGS or even NGC66 holder will almost certainly sell quicker and for a higher price than if it were raw, and should easily cover the cost of the resub. As for only buying from reputable sellers... how often do you hear someone say that they buy from schlubs? Surely there are some that knowingly do, but most, including those who toss good money down the drain with ebay dreck peddlers, would tell you that they too only buy from the "[I]good guys[/I]". As for "[I]not talking about an assessment from some schmuck that knows nothing about coins[/I]", it doesn't matter because the reality is that it is often easier to make money knowingly fluffing dreck than it is to honestly describe. Do you truly believe that all or even most coin sellers (as opposed to dealers - long story) are going to willingly leave money on the table when they know full well that in today's market there is no shortage of so-called collectors who refuse or do not wish to learn about their hobby, yet are happy to be parted with their money? As an example, there is a certain ebay seller who touts his PNG membership, and over the years I've seen many a coin (mostly Seated material) sell on Heritage, Stack's, TT, etc in details/genny holders that magically appear raw in his listings within a few days. Should we assume that this guy cracked not to up the potential selling price, but has done so over and over again because his opinion just happens to differ from that of the TPG? I could clearly see that most of these coins were problems in the auction house photos, yet in his the problems magically became less obvious, but he’s a PNG member so he must be reputable, right (har har)? This is just one example of many, and I could go on and on, but if you know anything about this as a business and or just human nature, my point should make perfect sense. Not that long ago there was another seller who was offering better date/condition Morgans, and in his descriptions was making them out to be quite nice. However, if you looked closely at his photos, the coins (which appeared to have problems) were still in TPG holders, yet this person made no mention of this. Why do you suppose someone would do such a thing? Again, even though problems, these were mostly better date or condition coins, so could it be that they were wanting their cake and to eat it too? If the coin sold at a profitable level, crack it and hope for the best, but if not, they still had them in the problem holders which, at the very least verified the coins as being genuine. Would a person like this do such a thing because of a simple difference in opinion or could it be that the only thing that mattered was what went into their pocket? Please understand that I am not one to blindly drink the kool-aid, and there are many gentlemen whose opinions I place more weight in than that of any TPG. However, for every straight and honest guy, there are ten others that would steal their mother's last dollar if it would benefit them. There are many that use coins as a way to easy money; let's be honest here... it does not take great intelligence or talent to crack a few genny holders and offer to one of the countless ignorant coin buyers out there today. You know the old saying.... "[I]Opinions are like ........, everybody has one[/I]". -[I][SIZE=3]My apologies for the poorly written and rambling response; free time is in short supply today.[/SIZE][/I][/QUOTE]
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Someone please explain Morgan dollar grade
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