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<p>[QUOTE="billcd, post: 220776, member: 8657"]I have a question. I'm trying to find a way to "offset" my coin habit. I'm just one of those people that tries to make a buck on EVERYTHING they do I guess.</p><p><br /></p><p>I like the silver US Eagles. They are relatively cheep and are a great looking coin. So one of my books I'm working on filling is a Dansco Eagles+Proofs.</p><p><br /></p><p>I've looked at several of the grading services and although PCGS is the most expensive they also bring the most money on eBay. So, here's my math, maybe somebody can shed some light on what I am missing. I'm also not going to take a lot of costs into account: shipping cost, selling cost and other major costs.</p><p><br /></p><p>If I were to buy a 2005 Green Monster for $7000 (I know, I can't get one that cheep) I would have paid an average or $14 for 500 coins. And I'll also assume that I had them graded by PCGS and every one of them came back MS69 (and I know that's impossible too)</p><p><br /></p><p>With 500 coins the $200 membership fee is only $0.20 per coin.</p><p>So the cost.</p><p><br /></p><p>Coin: $14</p><p>Membership: $0.20</p><p>PCGS Grading: $14 (<a href="http://www.pcgs.com/grading_list.chtml" target="_blank" class="externalLink ProxyLink" data-proxy-href="http://www.pcgs.com/grading_list.chtml" rel="nofollow">http://www.pcgs.com/grading_list.chtml</a> - U.S. Modern)</p><p><br /></p><p>I should be able to sell that coin on eBay for $25.......</p><p><br /></p><p>That brings me to a loss of $3.20 + eBay, Paypal and shipping costs.</p><p><br /></p><p>Anyhow, why in the world would anybody have a silver eagle graded?</p><p><br /></p><p>Thanks[/QUOTE]</p><p><br /></p>
[QUOTE="billcd, post: 220776, member: 8657"]I have a question. I'm trying to find a way to "offset" my coin habit. I'm just one of those people that tries to make a buck on EVERYTHING they do I guess. I like the silver US Eagles. They are relatively cheep and are a great looking coin. So one of my books I'm working on filling is a Dansco Eagles+Proofs. I've looked at several of the grading services and although PCGS is the most expensive they also bring the most money on eBay. So, here's my math, maybe somebody can shed some light on what I am missing. I'm also not going to take a lot of costs into account: shipping cost, selling cost and other major costs. If I were to buy a 2005 Green Monster for $7000 (I know, I can't get one that cheep) I would have paid an average or $14 for 500 coins. And I'll also assume that I had them graded by PCGS and every one of them came back MS69 (and I know that's impossible too) With 500 coins the $200 membership fee is only $0.20 per coin. So the cost. Coin: $14 Membership: $0.20 PCGS Grading: $14 ([url]http://www.pcgs.com/grading_list.chtml[/url] - U.S. Modern) I should be able to sell that coin on eBay for $25....... That brings me to a loss of $3.20 + eBay, Paypal and shipping costs. Anyhow, why in the world would anybody have a silver eagle graded? Thanks[/QUOTE]
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