Log in or Sign up
Coin Talk
Home
Forums
>
Coin Forums
>
World Coins
>
Unboxing a Big Box of Korean Coins from NGC
>
Reply to Thread
Message:
<p>[QUOTE="mlov43, post: 8610403, member: 16729"]I appreciate that...</p><p><br /></p><p>Well, I'm not going to sell these coins at "exchange rate," but rather as collector coins. </p><p><br /></p><p>As collector coins, they are low-end, very true. However, I've seen enough evidence that seems to prove that these coins can still turn a small profit, even with the grading fees and my initial price for the coins. Only a handful of them were more than $10 for any one of those coins, if they weren't entirely free as gifts, as the nicer specimens and proofs were).</p><p><br /></p><p>For these low-grade coins (61s and 62s), it was either get them graded like this and have the chance to be able to "move them," or have them sell for even less.</p><p><br /></p><p>There was another option I considered: Just hold onto them until the market for even these pieces starts to appreciate. I already have coins in my S. Korea collection that I currently could NEVER afford to buy now, but that were unbelievably cheap around 15-20 years ago. Perhaps these lower-grade pieces will eventually appreciate in value among the evidently growing number of collectors in Korea? </p><p><br /></p><p>In the end, I'm sort of taking a chance on them...[/QUOTE]</p><p><br /></p>
[QUOTE="mlov43, post: 8610403, member: 16729"]I appreciate that... Well, I'm not going to sell these coins at "exchange rate," but rather as collector coins. As collector coins, they are low-end, very true. However, I've seen enough evidence that seems to prove that these coins can still turn a small profit, even with the grading fees and my initial price for the coins. Only a handful of them were more than $10 for any one of those coins, if they weren't entirely free as gifts, as the nicer specimens and proofs were). For these low-grade coins (61s and 62s), it was either get them graded like this and have the chance to be able to "move them," or have them sell for even less. There was another option I considered: Just hold onto them until the market for even these pieces starts to appreciate. I already have coins in my S. Korea collection that I currently could NEVER afford to buy now, but that were unbelievably cheap around 15-20 years ago. Perhaps these lower-grade pieces will eventually appreciate in value among the evidently growing number of collectors in Korea? In the end, I'm sort of taking a chance on them...[/QUOTE]
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
Coin Talk
Home
Forums
>
Coin Forums
>
World Coins
>
Unboxing a Big Box of Korean Coins from NGC
>
Home
Home
Quick Links
Search Forums
Recent Activity
Recent Posts
Forums
Forums
Quick Links
Search Forums
Recent Posts
Competitions
Competitions
Quick Links
Competition Index
Rules, Terms & Conditions
Gallery
Gallery
Quick Links
Search Media
New Media
Showcase
Showcase
Quick Links
Search Items
Most Active Members
New Items
Directory
Directory
Quick Links
Directory Home
New Listings
Members
Members
Quick Links
Notable Members
Current Visitors
Recent Activity
New Profile Posts
Sponsors
Menu
Search
Search titles only
Posted by Member:
Separate names with a comma.
Newer Than:
Search this thread only
Search this forum only
Display results as threads
Useful Searches
Recent Posts
More...