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<p>[QUOTE="Speedy, post: 112354, member: 705"]Coin Grading is determined by experts and the market...</p><p><br /></p><p>I don't think I ever said grading and value are anywhere near the same thing...but the grade does help collectors know what they should pay.</p><p>But really even the grade can't help us find a vaule of some coins....I've spent well over market value for coins I've needed...</p><p><br /></p><p>I agree that people learn when they collect....and I suggest hands on grading...but if you just sit on a book and think that your brain will get the know-how or you just collect but never pick up a book...you aren't going to be as good as you could be (and I'm just useing the term you...I'm not meaning You as in you <img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie8" alt=":D" unselectable="on" unselectable="on" /> )</p><p>I like to build raw HTML websites...but just this month I have picked up some books and have been looking through them...now that I know a little more I can do TONS better and faster than I ever could before...grading is the SAME way.</p><p><br /></p><p><br /></p><p>I didn't pay one red cent....but that is one Dog-gone great coin!!!...if I would have had the money I might have been biding.</p><p>Maybe you meant what I said here....</p><p><br /></p><p>I didn't mean that grading is what makes the price....but you have to agree that if you send a coin to NGC and it comes back MS68 and you send it to PCGS and it comes back MS69PL there would be a much bigger market for the coin....when there is a bigger market there is a larger value...when there are 2+ grading guides and no one knows what one is right there is a mix up on what price to pay.</p><p>That is why you must keep up with the market...on grading....on pricing...on selling and on buying---if you don't...you will lose more than $$$.</p><p><br /></p><p>I think there is a time in every collectors life that he must buy coins just for resale...now if you had to do that and you had 2 coins to pick from what one would you pick....a 1959 Roose Dime in MS68 or a 1899-S MS65 SIlver Dollar?....they are both the same prices lets say...and are both graded by NGC...</p><p>If you have kept up with the market you will know that a Morgan Dollar has a larger market and there is more of a chance to sell it for more than its full value than a Roose dime.</p><p>I know what wasn't the best example....but after being sick (almost back to normal...haha...I'm never normal) I'm not in the mood to sit here and try to think up a better one <img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie8" alt=":D" unselectable="on" unselectable="on" /></p><p><br /></p><p>I hope you know I'm not trying to be rude...or anything like that....grading is a hard topic and people talk about it everyday....but to be a good collector/dealer you need to learn the market! (and when you learn the market you learn...grading...selling...buying...and much much more!)</p><p><br /></p><p>Speedy[/QUOTE]</p><p><br /></p>
[QUOTE="Speedy, post: 112354, member: 705"]Coin Grading is determined by experts and the market... I don't think I ever said grading and value are anywhere near the same thing...but the grade does help collectors know what they should pay. But really even the grade can't help us find a vaule of some coins....I've spent well over market value for coins I've needed... I agree that people learn when they collect....and I suggest hands on grading...but if you just sit on a book and think that your brain will get the know-how or you just collect but never pick up a book...you aren't going to be as good as you could be (and I'm just useing the term you...I'm not meaning You as in you :D ) I like to build raw HTML websites...but just this month I have picked up some books and have been looking through them...now that I know a little more I can do TONS better and faster than I ever could before...grading is the SAME way. I didn't pay one red cent....but that is one Dog-gone great coin!!!...if I would have had the money I might have been biding. Maybe you meant what I said here.... I didn't mean that grading is what makes the price....but you have to agree that if you send a coin to NGC and it comes back MS68 and you send it to PCGS and it comes back MS69PL there would be a much bigger market for the coin....when there is a bigger market there is a larger value...when there are 2+ grading guides and no one knows what one is right there is a mix up on what price to pay. That is why you must keep up with the market...on grading....on pricing...on selling and on buying---if you don't...you will lose more than $$$. I think there is a time in every collectors life that he must buy coins just for resale...now if you had to do that and you had 2 coins to pick from what one would you pick....a 1959 Roose Dime in MS68 or a 1899-S MS65 SIlver Dollar?....they are both the same prices lets say...and are both graded by NGC... If you have kept up with the market you will know that a Morgan Dollar has a larger market and there is more of a chance to sell it for more than its full value than a Roose dime. I know what wasn't the best example....but after being sick (almost back to normal...haha...I'm never normal) I'm not in the mood to sit here and try to think up a better one :D I hope you know I'm not trying to be rude...or anything like that....grading is a hard topic and people talk about it everyday....but to be a good collector/dealer you need to learn the market! (and when you learn the market you learn...grading...selling...buying...and much much more!) Speedy[/QUOTE]
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