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<p>[QUOTE="The Penny Lady®, post: 643981, member: 16948"]I disagree with you Lehigh that people consider rainbow coins as PQ. Eye appeal is only one aspect of designating a coin as PQ. Strike, luster, even toning, minimal marks, no spots, etc. all have a part in describing a PQ coin - not just eye appeal. Don's comments are similar to how I view a PQ coin:</p><p><br /></p><p>[FONT=arial,helvetica]<font size="2">[FONT=arial,helvetica]<font size="2">[FONT=arial,helvetica]<font size="2"><font size="3"><b>JH: What makes a coin PQ?</b></font></font></font></font></p><p><font size="2"><font size="2"><font size="2"><font size="3"><b>Don:</b> Several factors. Predominantly eye appeal but strike could play a part (particularly for a coin that is notoriously poorly struck) or super luster or beautiful toning such as album toning. </font> </font></font></font></p><p><font size="2"><font size="2"><font size="2"><br /></font></font></font></p><p><font size="2"><font size="2"><font size="2"></font>[/FONT]</font>[/FONT]</font>[/FONT]Further, IMHO, you have a very synical view when you say that designating a coin as PQ is simply to drive the price up. Perhaps there are a few dealers who "over use" that term, but as far as I'm concerned, if that were the only reason a dealer used PQ for, it would only serve to hurt that dealer's reputation in the long run, because it would be obvious to the buyer once he received the coin whether it was PQ or not, and that buyer would probably not purchase more coins from that dealer. </p><p><br /></p><p>I do agree with you about the market for rainbow or toned coins in that there are no pricing guides that cover these beauties - and I don't think there could be, since each colorfully toned coin tones differently, some brighter and more beautiful than others, some with purple, blues, yellow, greens, etc., and not each one is as eye appealing as the next one, and not each one will have the same luster or strike as another, so it would be very very difficult to put these coins in any kind of box to give it specific prices.</p><p><br /></p><p>Regarding the PQ designation in general, I think the CAC, NGC's star system, and Rick Snow's Eagle Eye Photo Seal stickers are all similar concepts in trying to set apart higher quality coins in a specific grade, which I completely agree is very helpful - you just need to have faith and trust in the person/company making such designation. But as it has been said here, there, and everywhere and is the MOST IMPORTANT thing to remember in buying coins, the bottom line is and always has been - BUY THE COIN, NOT THE HOLDER (OR STICKER, IN THIS CASE)![/QUOTE]</p><p><br /></p>
[QUOTE="The Penny Lady®, post: 643981, member: 16948"]I disagree with you Lehigh that people consider rainbow coins as PQ. Eye appeal is only one aspect of designating a coin as PQ. Strike, luster, even toning, minimal marks, no spots, etc. all have a part in describing a PQ coin - not just eye appeal. Don's comments are similar to how I view a PQ coin: [FONT=arial,helvetica][SIZE=2][FONT=arial,helvetica][SIZE=2][FONT=arial,helvetica][SIZE=2][SIZE=3][B]JH: What makes a coin PQ?[/B] [B]Don:[/B] Several factors. Predominantly eye appeal but strike could play a part (particularly for a coin that is notoriously poorly struck) or super luster or beautiful toning such as album toning. [/SIZE] [/SIZE][/FONT][/SIZE][/FONT][/SIZE][/FONT]Further, IMHO, you have a very synical view when you say that designating a coin as PQ is simply to drive the price up. Perhaps there are a few dealers who "over use" that term, but as far as I'm concerned, if that were the only reason a dealer used PQ for, it would only serve to hurt that dealer's reputation in the long run, because it would be obvious to the buyer once he received the coin whether it was PQ or not, and that buyer would probably not purchase more coins from that dealer. I do agree with you about the market for rainbow or toned coins in that there are no pricing guides that cover these beauties - and I don't think there could be, since each colorfully toned coin tones differently, some brighter and more beautiful than others, some with purple, blues, yellow, greens, etc., and not each one is as eye appealing as the next one, and not each one will have the same luster or strike as another, so it would be very very difficult to put these coins in any kind of box to give it specific prices. Regarding the PQ designation in general, I think the CAC, NGC's star system, and Rick Snow's Eagle Eye Photo Seal stickers are all similar concepts in trying to set apart higher quality coins in a specific grade, which I completely agree is very helpful - you just need to have faith and trust in the person/company making such designation. But as it has been said here, there, and everywhere and is the MOST IMPORTANT thing to remember in buying coins, the bottom line is and always has been - BUY THE COIN, NOT THE HOLDER (OR STICKER, IN THIS CASE)![/QUOTE]
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