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The run down on a local dealer. Need some advice here.
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<p>[QUOTE="GDJMSP, post: 1349078, member: 112"]Only when the coin is over-dipped. There are literally millions and millions of dipped coins in NGC and PCGS slabs. Just about any older coin you ever see that has no toning - that coin has been dipped.</p><p> </p><p><br /></p><p><br /></p><p>And I'm not saying that you should operate on a coin. But you do need to know about dipping, understand it, and realize that is often the best thing to do for numerous reasons. Many coins need to be dipped. Many others do not. What you have to do is learn to tell the difference between the two.</p><p> </p><p><br /></p><p><br /></p><p>Why doesn't it seem right ? That's why I asked you the questions I did. Is it not better to dip a coin and protect it than it is to leave it to a certain death ?</p><p><br /></p><p>Making a profit as a result of dipping a coin is not something that is wrong. It is merely making a profit from knowledge that you have. Is not the whole idea to gain knowledge so you can be better at what you do ?</p><p><br /></p><p>And make no mistake, the results from dipping a coin do not always turn out to be positive. Quite often they turn to be very negative. The heavy toning may be covering up many bad things on the coin, and once dipped those things are easily seen. Or, as Chris said, the damage may have already been done by the toning before the coin was ever dipped. You just don't know which way it will turn out.[/QUOTE]</p><p><br /></p>
[QUOTE="GDJMSP, post: 1349078, member: 112"]Only when the coin is over-dipped. There are literally millions and millions of dipped coins in NGC and PCGS slabs. Just about any older coin you ever see that has no toning - that coin has been dipped. And I'm not saying that you should operate on a coin. But you do need to know about dipping, understand it, and realize that is often the best thing to do for numerous reasons. Many coins need to be dipped. Many others do not. What you have to do is learn to tell the difference between the two. Why doesn't it seem right ? That's why I asked you the questions I did. Is it not better to dip a coin and protect it than it is to leave it to a certain death ? Making a profit as a result of dipping a coin is not something that is wrong. It is merely making a profit from knowledge that you have. Is not the whole idea to gain knowledge so you can be better at what you do ? And make no mistake, the results from dipping a coin do not always turn out to be positive. Quite often they turn to be very negative. The heavy toning may be covering up many bad things on the coin, and once dipped those things are easily seen. Or, as Chris said, the damage may have already been done by the toning before the coin was ever dipped. You just don't know which way it will turn out.[/QUOTE]
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The run down on a local dealer. Need some advice here.
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