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<p>[QUOTE="GDJMSP, post: 1503602, member: 112"]Depending on how you want to look at it, it could be either of those. But in most cases when somebody says they cherry picked a coin it is not a coin that was found in rolls or in a junk bin or anything like that. </p><p><br /></p><p>Cherry picking occurs when you (the buyer) know more about a particular coin in a dealer's/seller's regular inventory than the seller knows about it. In other words, because of your knowledge, you are able to identify that coin as being special, or under-graded. You are able to identify that coin as being worth considerably more than the price it is being offered at.</p><p><br /></p><p>Yes, finding special coins in rolls or junk bins requires you having the knowledge to identify that coin. But in cases where the coin is a well known variety or date/mint, finding it is usually more a matter of blind luck than it is one of knowledge. And it usually happens only because the dealer didn't bother to go through or even look at a batch of junk coins that he purchased. He just threw them in the junk bin or rolled them up and offered them for sale.[/QUOTE]</p><p><br /></p>
[QUOTE="GDJMSP, post: 1503602, member: 112"]Depending on how you want to look at it, it could be either of those. But in most cases when somebody says they cherry picked a coin it is not a coin that was found in rolls or in a junk bin or anything like that. Cherry picking occurs when you (the buyer) know more about a particular coin in a dealer's/seller's regular inventory than the seller knows about it. In other words, because of your knowledge, you are able to identify that coin as being special, or under-graded. You are able to identify that coin as being worth considerably more than the price it is being offered at. Yes, finding special coins in rolls or junk bins requires you having the knowledge to identify that coin. But in cases where the coin is a well known variety or date/mint, finding it is usually more a matter of blind luck than it is one of knowledge. And it usually happens only because the dealer didn't bother to go through or even look at a batch of junk coins that he purchased. He just threw them in the junk bin or rolled them up and offered them for sale.[/QUOTE]
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