Message:

<p>[QUOTE=&quot;geekpryde, post: 4198164, member: 36248&quot;]It&#039;s not necessarily foolish to submit coins of very low value to the TPGs.&nbsp;&nbsp; You submit 100 coins like this, 80% of them come back as 69&#039;s, The submitter gets lucky on say 20%, well they probably made their money.&nbsp;&nbsp; Doug pointed out there are tens of thousands of coins on eBay right now that are worth less than what it cost to submit that particular coin.&nbsp; &nbsp; But overall, part of a larger submission, strategy going for 70s, the original submitter probably did not lose money.&nbsp; &nbsp; of course then the &#039;69 show up on eBay and leaves some people scratching their head.</p><p><br /></p><p>There are a bunch of other reasons to submit coins to TPGs.&nbsp; &nbsp; I personally have submitted coins that were probably break even at best, but I wanted them in the holder, safe and happy and pretty and easy to organize.&nbsp; &nbsp;&nbsp; It&#039;s no different than a person buying a fancy holder to store their raw coins in.&nbsp; &nbsp; There are costs associated with the storage of coins.&nbsp; &nbsp; Some spend $50 on a fancy album, or $100 on a fancy coin case, other people choose to spend $15 on a slab.[/QUOTE]</p><p><br /></p>

Your name or email address:

Do you already have an account?

• No, create an account now.
• Yes, my password is:
• Forgot your password?

Stay logged in