Grade Coins

Yes, I believe it is worth it to buy graded coins but not NCLT coins. Only older circulation coins is worth it to me.

I'm not an expert on graded coins. I do buy non NCLT coins, graded and non. I find when buying online sellers tend to try and take the best picture possible so I am hesitant on buying non graded coins online unless I feel positive the picture and price will only be off by a small margin. If I am spending a large amount then I will always request for more information and pictures. As for NCLT I like the full packaging so I prefer non graded. But I know the big new thing happening now for a while is the push for everything to be graded especially south of Canada there seems to be an obsession with it. Obviously grading companies have been around for ever but I'm strictly talking about NCLT and bullion.

Well, and how about bullion graded coins? For example, take the 2014 China Panda with a grade of MS70 from NGC, people are willing to pay 60-70$ for this... Seems to be a market share for this kind of high quality graded coins...

The thing about the panda is pre 2010 the mintage was around 600k and a lot less pre 2001 or 2000 ( I can't recall the exact numbers right now ) so a perfect score will land you a very high premium. 600k is still a lot when compared to maples. But the demand for the panda is by far stronger. But when you start to produce in the millions the amount of 70's will obviously increase. Someone will always pay more for a coin graded ms70 regardless or mintage but I'm just saying I don't see the value sky rocketing like the older ones. I believe the majority of buyers are purchasing on the belief this will be the case.

I'll open a can of worms with this one as I know some people on here do collect bullion 70's... But first of all, I won't buy slabbed bullion unless for the same price as raw, I just personally don't get it. And second, regarding a "70" grade... To me it's a "myth grade" in my mind. Perfect cannot be achieved, it's a thing to strive for in every aspect of life, but nothing is 100%, absutely without flaw... I've seen many many ms/pr-70's that I've been able to see a flaw on and likewise have seen many ms/pr-69's that even under a USB scope see no flaw whatsoever. I don't know... I can't see paying a premium for a slabbed bullion coin let alone a large premuim for a "70". But again... To each his own as I know some people definitely do only collect 70's, it's just not for me personally, and I don't see where or why there's a premium at all. But then again I prefer everything raw, as mentioned above I also grade for myself and will never pay a premium for something being trapped in a plastic coffin.... Break um out!