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<p>[QUOTE="richarrb, post: 934753, member: 25618"]I was looking at my Red Book today and was suprized to see a signficant increase in most US Peace dollars from one grade to another. I know this is common knowlege but I was truly blown away by:goofer:, for example a 1925 S MS-63 to a 64. So I went down to my local coin shop and found two 1925 S. One graded AU58 for a retail of $49 and another MS 61/62 at $69. They were not slabbed but looking at them I decided the grade was close enough. My question is when do most collectors decide it's worth the chance to buy a coin and submitt it for a grade or crack it out of their case and resubmit and hope for the best? I typically would think of a couple reasons to submit, low mintage, valuable errors, and profit gain by gambling on a chance of an upgrade. I did not purchase either coin but was tempted, he had several Peace dollars dates that were in that MS 62/63 range I might just make a list and see what ones might get that upgrade and take a chance. I look more at US cents and Morgan's and have not spent that much time with Peace Dollars. Sorry, this is more thinking out loud and brain storming. :rolling:[/QUOTE]</p><p><br /></p>
[QUOTE="richarrb, post: 934753, member: 25618"]I was looking at my Red Book today and was suprized to see a signficant increase in most US Peace dollars from one grade to another. I know this is common knowlege but I was truly blown away by:goofer:, for example a 1925 S MS-63 to a 64. So I went down to my local coin shop and found two 1925 S. One graded AU58 for a retail of $49 and another MS 61/62 at $69. They were not slabbed but looking at them I decided the grade was close enough. My question is when do most collectors decide it's worth the chance to buy a coin and submitt it for a grade or crack it out of their case and resubmit and hope for the best? I typically would think of a couple reasons to submit, low mintage, valuable errors, and profit gain by gambling on a chance of an upgrade. I did not purchase either coin but was tempted, he had several Peace dollars dates that were in that MS 62/63 range I might just make a list and see what ones might get that upgrade and take a chance. I look more at US cents and Morgan's and have not spent that much time with Peace Dollars. Sorry, this is more thinking out loud and brain storming. :rolling:[/QUOTE]
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