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<p>[QUOTE="princeofwaldo, post: 1959275, member: 24091"]I had a copper-nickel piece from Mauritius that I dumped awhile back, maybe a $4 coin. Was in an ANACS slab (LWH) as MS64.</p><p><br /></p><p>The reason I ask...,, I have this funny feeling the "slab anything and you're sure to make money" approach to coins is about to become a thing of the past. Especially with the boost in NGC fees for economy submissions. </p><p><br /></p><p>If you have any doubt about that, go to eBay, search in Russia on "NGC" -and then display closed auctions, displayed with lowest price realized to highest price realized. The first 200 or so coins you will see all sold for a loss when grading and auction fees are included. </p><p><br /></p><p>I don't think that sort of thing can go on forever. I expect the same thing will eventually happen to many common PF70 and MS70 modern issues, they will be selling for a fraction above melt within the next 10 years.</p><p><br /></p><p>Meanwhile, my reigning champion...[ATTACH=full]345266[/ATTACH] champion...[/QUOTE]</p><p><br /></p>
[QUOTE="princeofwaldo, post: 1959275, member: 24091"]I had a copper-nickel piece from Mauritius that I dumped awhile back, maybe a $4 coin. Was in an ANACS slab (LWH) as MS64. The reason I ask...,, I have this funny feeling the "slab anything and you're sure to make money" approach to coins is about to become a thing of the past. Especially with the boost in NGC fees for economy submissions. If you have any doubt about that, go to eBay, search in Russia on "NGC" -and then display closed auctions, displayed with lowest price realized to highest price realized. The first 200 or so coins you will see all sold for a loss when grading and auction fees are included. I don't think that sort of thing can go on forever. I expect the same thing will eventually happen to many common PF70 and MS70 modern issues, they will be selling for a fraction above melt within the next 10 years. Meanwhile, my reigning champion...[ATTACH=full]345266[/ATTACH] champion...[/QUOTE]
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