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 Replies: 9 / Views: 1,971 |
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Pillar of the Community
United States
1037 Posts |
I was trolling through ebay recently for modern commens to fill some holes on my collection. I found many PF69's, PF69DCAM, PF70's etc... One of the commens I found was a PF67 and NGC states this in one of three coins in this grade, where there are a few thousand PF69's and a few hundred in PF70. There is a visible scratch on the field. Typically, I do not do out of my way to buy graded coins, but if I find one with the same price as an OGP I'll entertain the thought of buying it. Plus I do not recall ever seeing a PF67 graded modern commen. So would you buy the PF67 (only 3 graded) if it was the price as a PF69 at $35? Thanks |
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CCF Master Historian of USA Commemoratives
 United States
12322 Posts |
Modern US Mint commemoratives that grade below PF69 are generally impaired in some fairly visible manner. There are so few PF68/67 coins out there because the high-volume submitters don't typically send coins with visible impairments as coins with grades lower than 69 are harder to sell.
So, a purchase decision comes down to whether the small savings seen with a 68/67 coin are worth putting up with visible impairments.
Collecting history one coin or medal at a time! (c) commems. All rights reserved.
Edited by commems
11/28/2014 12:40 am
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Pillar of the Community
3772 Posts |
Quote:
(only 3 graded) Within this context it is just a marketing gimmick. Question: If you would see the same coin with a lower number (say 60) but the comment "(only one graded)", would you be interested? |
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Pillar of the Community
United States
4211 Posts |
Buy the PF 69 for sure. No sense paying the same money for a scratched coin.
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Pillar of the Community
United States
1512 Posts |
I agree with Debrajc! If you were receiving a substantial discount, then maybe, but I would still get the PF69 probably.
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Moderator
United States
15555 Posts |
My perhaps incorrect interpretation of the OP question - Is there long term value in acquiring a lower Pop certified modern commemorative coin based on the relative rarity in such a lower certified grade?
I base this on the OP statement alluding as such - which IMHO has not yet been answered. Quote:
So would you buy the PF67 (only 3 graded) if it was the price as a PF69 at $35? I'm not here to put words in welder mouth - but believe that was the intended question of the original post. I humbly leave it to our modern commemorative experts to debate the topic ... pending of course welder input into my huge assumption. David |
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Pillar of the Community
 United States
1037 Posts |
Medieval - How can "(only 3 graded)" be a marketing gimmick? That data came from NGC, and was not part of the description. And to reply to your question; I would have to verify with the TPG to confirm that information is correct. PS: nickelsearcher I had the pleasure of meeting Sam Maloof on several occasions in the 1980's. He was a very interesting person. |
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Pillar of the Community
United States
2563 Posts |
Go with the PF69. No sense getting an impaired coin.
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Pillar of the Community
United States
5212 Posts |
Quote:
So would you buy the PF67 (only 3 graded) if it was the price as a PF69 at $35? Buying a lower grade coin for the same price as a higher grade coin because of a lower pop is the same as paying more for a "First Strike" or "Early Release" label. |
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Pillar of the Community
United States
4692 Posts |
Or buying a broke-down car for the same price as one that is perfectly fine.
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Replies: 9 / Views: 1,971 |
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Posted 11/28/2014 12:23 am
