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<p>[QUOTE="medoraman, post: 1072470, member: 26302"]Well I didn't see the entire collector base flocking to colored coins regardless of attractiveness being worth "premiums" either. It was that way for 150 years, kinda hard to predict it will never return that way.</p><p><br /></p><p><br /></p><p><br /></p><p>A safety net, maybe. It will not protect you from losing money by paying 5x book for a coin that when tastes change the market only values at book. NGC and PCGS is not guaranteeing market premiums.</p><p><br /></p><p><br /></p><p><br /></p><p>Great advice, toning used to, and I believe still is, used to cover up problem coins. It can be very dangerous buying a heavily toned coin unless its graded, and even then you are not sure the effect of the toning on the underlying metal.</p><p><br /></p><p><br /></p><p><br /></p><p>Or just don't pay exorbatant premiums for toning at all. </p><p><br /></p><p><br /></p><p><br /></p><p>More excellent advice. Lehigh is a good guy and knows this market.</p><p><br /></p><p> </p><p><br /></p><p>Yup, read other stuff that people post before you believe anything on the internet, and even then take things with a grain of sand. Everyone who has ever read the Redbook considers themselves a US coin "expert".</p><p><br /></p><p>Just a different perspective than Lehigh, but I do value your opinion man. <img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie1" alt=":)" unselectable="on" unselectable="on" />[/QUOTE]</p><p><br /></p>
[QUOTE="medoraman, post: 1072470, member: 26302"]Well I didn't see the entire collector base flocking to colored coins regardless of attractiveness being worth "premiums" either. It was that way for 150 years, kinda hard to predict it will never return that way. A safety net, maybe. It will not protect you from losing money by paying 5x book for a coin that when tastes change the market only values at book. NGC and PCGS is not guaranteeing market premiums. Great advice, toning used to, and I believe still is, used to cover up problem coins. It can be very dangerous buying a heavily toned coin unless its graded, and even then you are not sure the effect of the toning on the underlying metal. Or just don't pay exorbatant premiums for toning at all. More excellent advice. Lehigh is a good guy and knows this market. Yup, read other stuff that people post before you believe anything on the internet, and even then take things with a grain of sand. Everyone who has ever read the Redbook considers themselves a US coin "expert". Just a different perspective than Lehigh, but I do value your opinion man. :)[/QUOTE]
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