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<p>[QUOTE="GDJMSP, post: 5530808, member: 112"]Howdy Will - </p><p><br /></p><p>I could write half a book here and still not cover everything so I'll try and keep it as short as possible. To start, the decision to dip or not dip any coin has to be made based on that individual coin, especially given the reason you are thinking about dipping them. And making the correct decision, well, that's the hardest part. And it is the hardest part because there's several factors that must be considered.</p><p><br /></p><p>First of all you have to decide if the coin is a good candidate for dipping - can it actually be helped by doing so ? Then you have to consider what the grade of the coin would likely be, <u>and be right.</u> And then you have to consider if it's going to be worth paying the cost to do all this. And of the coin doesn't grade at least 65, AND get the FBL designation, then you might not even cover grading cost at sale.</p><p><br /></p><p>To help with that part, consider what Tomaska said in that brief article - </p><p><br /></p><p><i>"When I attended a major coin show 25 years ago, I would typically come home with a full double-row box, about 150 coins, of superb cameo proof coins of the 1950 – 1967 era. 15 years ago I was down to about 75 coins, 10 years ago 30-40 coins. At the last FUN show I came back with 17 coins – all denominations!"</i></p><p><br /></p><p>What he's telling you is that there aren't many coins out there that are good candidates and or worth it - most of them were picked over years ago. Then consider that this article was written an additional 10 years ago. And then consider that in those 10 years prices in the US coin market have done basically nothing but go down steadily. Shrinking to prices not seen for almost 10 years BEFORE that article was even written. In other words, the odds are stacked heavily against you for a multitude of reasons.</p><p><br /></p><p>Now even if you beat the odds and everything goes your way, then you must consider your potential buyer pool. And that, well that's a pure chocolate and vanilla thing. The only ones interested are going to be those that like blast white coins. Pretty much everybody else will just look away.</p><p><br /></p><p>Now throw in the fact that dipping a coin is always a crap shoot - you never know what you're going to end up with - never ![/QUOTE]</p><p><br /></p>
[QUOTE="GDJMSP, post: 5530808, member: 112"]Howdy Will - I could write half a book here and still not cover everything so I'll try and keep it as short as possible. To start, the decision to dip or not dip any coin has to be made based on that individual coin, especially given the reason you are thinking about dipping them. And making the correct decision, well, that's the hardest part. And it is the hardest part because there's several factors that must be considered. First of all you have to decide if the coin is a good candidate for dipping - can it actually be helped by doing so ? Then you have to consider what the grade of the coin would likely be, [U]and be right.[/U] And then you have to consider if it's going to be worth paying the cost to do all this. And of the coin doesn't grade at least 65, AND get the FBL designation, then you might not even cover grading cost at sale. To help with that part, consider what Tomaska said in that brief article - [I]"When I attended a major coin show 25 years ago, I would typically come home with a full double-row box, about 150 coins, of superb cameo proof coins of the 1950 – 1967 era. 15 years ago I was down to about 75 coins, 10 years ago 30-40 coins. At the last FUN show I came back with 17 coins – all denominations!"[/I] What he's telling you is that there aren't many coins out there that are good candidates and or worth it - most of them were picked over years ago. Then consider that this article was written an additional 10 years ago. And then consider that in those 10 years prices in the US coin market have done basically nothing but go down steadily. Shrinking to prices not seen for almost 10 years BEFORE that article was even written. In other words, the odds are stacked heavily against you for a multitude of reasons. Now even if you beat the odds and everything goes your way, then you must consider your potential buyer pool. And that, well that's a pure chocolate and vanilla thing. The only ones interested are going to be those that like blast white coins. Pretty much everybody else will just look away. Now throw in the fact that dipping a coin is always a crap shoot - you never know what you're going to end up with - never ![/QUOTE]
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