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why is the Ultra High Relief Double Eagle so expenssive?
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<p>[QUOTE="mqracing, post: 568957, member: 18190"]I think your right... I call it "fishing for 70's". I know a guy who'll buy 200 Lincoln proofs and send them out for grading. The 69's he tries to flip as quickly as he can--- even at the break even point (cost of coin plus grading)--- so he can recoup his money and buy more raw stock to "fish for more 70's". </p><p><br /></p><p>I kind of wish you could get coins just simply slabbed (no grading). The NGC holders are quite nice. Slabs are nice for stacking and much more space efficient than coins in the OGP. Plus the NGC holders will aid in preserving the finish on the coin. </p><p><br /></p><p>So I don't think it is all bad.... and I'll scoop up 69's.... several times I have paid just what the mint was selling the coin for raw... the seller was happy to get more funds for new stock... and I got the benefits of the slab for no more money than if I bought straight from the mint.[/QUOTE]</p><p><br /></p>
[QUOTE="mqracing, post: 568957, member: 18190"]I think your right... I call it "fishing for 70's". I know a guy who'll buy 200 Lincoln proofs and send them out for grading. The 69's he tries to flip as quickly as he can--- even at the break even point (cost of coin plus grading)--- so he can recoup his money and buy more raw stock to "fish for more 70's". I kind of wish you could get coins just simply slabbed (no grading). The NGC holders are quite nice. Slabs are nice for stacking and much more space efficient than coins in the OGP. Plus the NGC holders will aid in preserving the finish on the coin. So I don't think it is all bad.... and I'll scoop up 69's.... several times I have paid just what the mint was selling the coin for raw... the seller was happy to get more funds for new stock... and I got the benefits of the slab for no more money than if I bought straight from the mint.[/QUOTE]
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why is the Ultra High Relief Double Eagle so expenssive?
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