I was looking at a certain coin, the 1 oz. 2014 100th anniversary of WW2 "I Want You" Lord Kitchner platinum PT100 Pence coin (a proof 70). A search at "the bay" revealed ONE at PCGS
for a mere, discounted, price of ONLY $8,549.95 plus $149.00 shipping from the London Coin Company. Of course, you have to put up with the wait for it to arrive from Great Britain, maybe some customs, a few forms, etc. They make a big deal "that it has a population of only 1 at PCGS
So here I would be, thinking "boy, did I make out on this one", especially with the discount. So I would have about $8,700 in it, and with all the overseas "hassle" that would problably pop up. As I would look at my treasure, coin, I would start to think "man, almost $8,000 for just the premium only for one coin seems kinda high, I mean REALLY HIGH for about a $900 melt value coin, but would console myself that "IT IS THE ONLY ONE GRADED AT PCGS
(Actually I understand there are 3 other of these at PCGS
but even, so, a pretty scarce graded coin, right?
Then, I would look up on the bay, after I paid for my "the only one graded by PCGS
" coin, to the tune of $8,700. And then see this....
the same coin, available locally, for $1,500, with a population of about 300 in a 70 at NGC
... about $7,200 off of the London coin "sale" price. It is the exact same coin, only it is graded at NGC
, which I kinda prefer anyways. No shipping, no wait, no customs. NGC
usea "UCAM", while NGC
uses another term "DCAM" but they are the same as far as relief goes. https://www.ebay.com/itm/G-Britain-...202783178545
My buyer's remorse would start at my feet and spread quickly to my head. It would take days for me to self-justify my purchase, but even then I would know the truth.
It looks like there is a mintage of about 500 and would appear that the minter quickly after the minting sent the majority of them over to NGC
before letting them go to market.
I would be kicking myself for weeks over this one. And if I had a wife who found out, brother...! So be aware, you new people... NGC
are the top two graders, it matters not which one you use or have, as far as I am concerned they are about the same, altho some might debate that, but not to the tune of $7,000...mike