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<p>[QUOTE="GDJMSP, post: 884674, member: 112"]We have two scenarios - </p><p><br /></p><p>Scenario 1 - You walk into a coin shop, not looking for anything in particular but just looking. Some slabbed coins in the display case catch your eye and you ask to look at them. </p><p><br /></p><p>Now you being the astute collector that you are, you know that it is always wise to buy the coin and not the slab. That's just plain smart. And one of the coins you are looking at is in a slab that says it's a 64. But the coin has what you think are excessive bag marks for a 64. And the luster is slightly subdued. In your mind that coin is no better than a 63 and maybe even a 62. So you ask the dealer what he wants for the coin.</p><p><br /></p><p>His reply to you is 64 money (whatever that may be in this case). You then comment that you think the coin is over-graded and ask the dealer if he would take less, say 62 money. </p><p><br /></p><p>You can tell from the look on his face that the dealer is rather taken aback, maybe even insulted. But he replies, no way. PCGS graded that coin a 64 and that's what it is. You politely say thanks anyway, look at a couple of other coins, and walk out of the shop thinking you just made a smart move.</p><p><br /></p><p><br /></p><p>Scenario 2 - You walk into a coin shop looking to sell some slabbed coins you have. You realize that retail prices are out of the question, you've been a collector for many years and know how the system works. But you expect fair prices at the least. Your an astute collector and know what the market value of your coins is as well as what it is in various other grades.</p><p><br /></p><p>The dealer comes over and you place your 3 coins in their PCGS slabs on the counter. The dealer picks them up one at a time, examines them. When he is finished you ask him to make you an offer on the coins. </p><p><br /></p><p>Coin #1 is in a 64 slab, but he comments that he thinks it's over-graded and offers you 62 money for it. Another is in a 62 slab, again he comments thatit's over-graded and he only offers you AU 58 money for that one. The 3rd and last coin is in a 65 slab, on this one he offers you 65 money.</p><p><br /></p><p>Now you're standing there thinking to yourself that this guy is trying to rip you off. Here you are with coins slabbed by PCGS and he's trying to say they are over-graded. Dang dealers anyway, they always lowball like this ! You politely say no thanks, pick up your coins and leave the shop thinking that you just made a smart move.</p><p><br /></p><p>OK - in both scenarios the buyer is the one who is rejecting the coins because they think the coins are over-graded.</p><p><br /></p><p>But when you the collector do it, you buy the coin not the slab, you're just being smart.</p><p><br /></p><p>When the dealer does the exact same thing - he's trying to rip you off.</p><p><br /></p><p>Why is that ?</p><p><br /></p><p>Why is it right for you to buy the coin and not the slab and wrong for the dealer to do the same thing ?</p><p><br /></p><p>Why are you making a smart move when you do it, but a dealer is trying to rip you off when he does it ?</p><p><br /></p><p>OK - let's hear your answers <img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie2" alt=";)" unselectable="on" unselectable="on" />[/QUOTE]</p><p><br /></p>
[QUOTE="GDJMSP, post: 884674, member: 112"]We have two scenarios - Scenario 1 - You walk into a coin shop, not looking for anything in particular but just looking. Some slabbed coins in the display case catch your eye and you ask to look at them. Now you being the astute collector that you are, you know that it is always wise to buy the coin and not the slab. That's just plain smart. And one of the coins you are looking at is in a slab that says it's a 64. But the coin has what you think are excessive bag marks for a 64. And the luster is slightly subdued. In your mind that coin is no better than a 63 and maybe even a 62. So you ask the dealer what he wants for the coin. His reply to you is 64 money (whatever that may be in this case). You then comment that you think the coin is over-graded and ask the dealer if he would take less, say 62 money. You can tell from the look on his face that the dealer is rather taken aback, maybe even insulted. But he replies, no way. PCGS graded that coin a 64 and that's what it is. You politely say thanks anyway, look at a couple of other coins, and walk out of the shop thinking you just made a smart move. Scenario 2 - You walk into a coin shop looking to sell some slabbed coins you have. You realize that retail prices are out of the question, you've been a collector for many years and know how the system works. But you expect fair prices at the least. Your an astute collector and know what the market value of your coins is as well as what it is in various other grades. The dealer comes over and you place your 3 coins in their PCGS slabs on the counter. The dealer picks them up one at a time, examines them. When he is finished you ask him to make you an offer on the coins. Coin #1 is in a 64 slab, but he comments that he thinks it's over-graded and offers you 62 money for it. Another is in a 62 slab, again he comments thatit's over-graded and he only offers you AU 58 money for that one. The 3rd and last coin is in a 65 slab, on this one he offers you 65 money. Now you're standing there thinking to yourself that this guy is trying to rip you off. Here you are with coins slabbed by PCGS and he's trying to say they are over-graded. Dang dealers anyway, they always lowball like this ! You politely say no thanks, pick up your coins and leave the shop thinking that you just made a smart move. OK - in both scenarios the buyer is the one who is rejecting the coins because they think the coins are over-graded. But when you the collector do it, you buy the coin not the slab, you're just being smart. When the dealer does the exact same thing - he's trying to rip you off. Why is that ? Why is it right for you to buy the coin and not the slab and wrong for the dealer to do the same thing ? Why are you making a smart move when you do it, but a dealer is trying to rip you off when he does it ? OK - let's hear your answers ;)[/QUOTE]
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