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<p>[QUOTE="ButItsSoShiny, post: 1364756, member: 29168"]I'm not sure if that person is a buddy of yours, but nit picking every post, making something out of nothing, and responding to every single post with something negative trying to get a response from me is trolling. Either way, no big deal because i stopped feeding him after a while.</p><p><br /></p><p><br /></p><p><br /></p><p>No arguments from me on that, but the question was would a professionally graded coin sell for more than an unoffically graded coin. We are not talking about a particular type of buyer. Your post, as well as another person who make money slabbing and reselling, confirms this. </p><p><br /></p><p><br /></p><p><br /></p><p><br /></p><p><br /></p><p>Maybe i wasn't clear in what i meant. Lets say you have a 1943 Bronze penny which you personally grade as uncirculated which would give it a value of around $80k. Your coin collection gets stolen and now its time for the insurance company to pay. They look at the book value as see that a circulated coin is worth $18k, a whole $62k less (and lets not nit pick on the $ numbers here as to value, lets just use these as examples). Wouldn't the insurance company ask for some verification that the penny was in fact uncirculated condition? We all know how insurance companies like to try and pay out as little as possible.[/QUOTE]</p><p><br /></p>
[QUOTE="ButItsSoShiny, post: 1364756, member: 29168"]I'm not sure if that person is a buddy of yours, but nit picking every post, making something out of nothing, and responding to every single post with something negative trying to get a response from me is trolling. Either way, no big deal because i stopped feeding him after a while. No arguments from me on that, but the question was would a professionally graded coin sell for more than an unoffically graded coin. We are not talking about a particular type of buyer. Your post, as well as another person who make money slabbing and reselling, confirms this. Maybe i wasn't clear in what i meant. Lets say you have a 1943 Bronze penny which you personally grade as uncirculated which would give it a value of around $80k. Your coin collection gets stolen and now its time for the insurance company to pay. They look at the book value as see that a circulated coin is worth $18k, a whole $62k less (and lets not nit pick on the $ numbers here as to value, lets just use these as examples). Wouldn't the insurance company ask for some verification that the penny was in fact uncirculated condition? We all know how insurance companies like to try and pay out as little as possible.[/QUOTE]
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