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<p>[QUOTE="Colonialjohn, post: 5487330, member: 57741"]IMO its not so much TPG sells better but most people get on the band wagon of common coins in uncommon grades. To me this has been dangerous and I question profitability of your money moving forward. I will provide a simple example. Since some of you know I was big in U.S. Colonials in the 1970's-2000. When I sold my collections at Stacks from 2008-2010 owning raw coins was no issue. Many of my top end New Jersey Coppers went to slabs at higher grades over the next decade losing their pedigrees as a Stacks Bowers XF NJ would equate in many cases to an AU PCGS grade. Collecting now in U.S. Colonials seems to be that top quality sells bigger - rarity has taken a backdoor. Alot of people like you have said in this thread due to finances have switched to foreign including myself since 2010 - GOOD MOVE. I have not regretted it. Its a good upcoming market - but like coinsandmedals has said people do prefer TPG's so its never recommended ever to crack out coins IMO. Panzerman is also dead-on correct stating high grade common coins due seem to do much better. But even knowing that ... I still prefer lower graded rare coins. There is a good buying opportunities now for this class of item in Foreign. One last point - the middle or lower tier coins have been NEGLECTED. Believe it or not I recently purchased two NJ Coppers. A Maris 54-k with lamination marks on a poor made planchet and a terminal die obverse Maris 65-u both for around $75!!!!! My point - if not red and brown or a nice fully detailed XF common coin there is little interest! Although some specialist still pay for rare varieties in any grade. Crazy ... times. Although if I properly cataloged these NJs I could triple my money ... but the big FOCUS seems to be on common coins in uncommon grades - this IMO is driven by Heritage ... and Stacks/Bowers simply follows suit - in many cases where you are scratching your head on certain coins and the prices they have realized its common coins in MS. Unfortunately ... for us ... not so unfortunate for Heritage or Stacks/Bowers.</p><p><br /></p><p>John Lorenzo</p><p>Numismatist</p><p>United States[/QUOTE]</p><p><br /></p>
[QUOTE="Colonialjohn, post: 5487330, member: 57741"]IMO its not so much TPG sells better but most people get on the band wagon of common coins in uncommon grades. To me this has been dangerous and I question profitability of your money moving forward. I will provide a simple example. Since some of you know I was big in U.S. Colonials in the 1970's-2000. When I sold my collections at Stacks from 2008-2010 owning raw coins was no issue. Many of my top end New Jersey Coppers went to slabs at higher grades over the next decade losing their pedigrees as a Stacks Bowers XF NJ would equate in many cases to an AU PCGS grade. Collecting now in U.S. Colonials seems to be that top quality sells bigger - rarity has taken a backdoor. Alot of people like you have said in this thread due to finances have switched to foreign including myself since 2010 - GOOD MOVE. I have not regretted it. Its a good upcoming market - but like coinsandmedals has said people do prefer TPG's so its never recommended ever to crack out coins IMO. Panzerman is also dead-on correct stating high grade common coins due seem to do much better. But even knowing that ... I still prefer lower graded rare coins. There is a good buying opportunities now for this class of item in Foreign. One last point - the middle or lower tier coins have been NEGLECTED. Believe it or not I recently purchased two NJ Coppers. A Maris 54-k with lamination marks on a poor made planchet and a terminal die obverse Maris 65-u both for around $75!!!!! My point - if not red and brown or a nice fully detailed XF common coin there is little interest! Although some specialist still pay for rare varieties in any grade. Crazy ... times. Although if I properly cataloged these NJs I could triple my money ... but the big FOCUS seems to be on common coins in uncommon grades - this IMO is driven by Heritage ... and Stacks/Bowers simply follows suit - in many cases where you are scratching your head on certain coins and the prices they have realized its common coins in MS. Unfortunately ... for us ... not so unfortunate for Heritage or Stacks/Bowers. John Lorenzo Numismatist United States[/QUOTE]
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