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1921 Pitted Morgan

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NGiles's Avatar
United States
527 Posts
 Posted 03/09/2008  12:20 am  Show Profile   Bookmark this reply Add NGiles to your friends list Get a Link to this Reply
Once again SuperDave I find you guiding me in different ways of thinking. If your intention is to sell the coin, then you are probbably right. You make a strong point. I am stuck in BUY mode. I like to buy unatributed coins and find the VAM myself. It's the hunt that I enjoy. I have not yet reached the point where I want to sell any of them. Maybe when I shift to SELL mode I will consider grading.

I should probably think a little bit more before I write. Don't be affraid to give me a verbal lashing if I say something stupid. I'm still learning. There I go showing my amature status again.Man that's embarassing.

At least now your not still considering partial retirement.
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SsuperDdave's Avatar
United States
23522 Posts
 Posted 03/09/2008  11:21 am  Show Profile   Bookmark this reply Add SsuperDdave to your friends list Get a Link to this Reply
quote:
I have not yet reached the point where I want to sell any of them. Maybe when I shift to SELL mode I will consider grading.


There's nothing wrong with your thinking. It worked for the first 150 years of numismatics, and it works today. There are plenty of collectors who are perfectly capable of drawing their own conclusions about coins, even in a photograph-only environment like ebay. Furthermore, they are still the majority in most classes of collecting between the VF and MS stage - one can effectively sell decent coins if properly pictured. Not to blow my own horn, but I have no problem, given the kind of pictures I take, with getting respectable prices for raw coins on ebay.

But if I were selling Mint State gold, or Registry-level coins, or Proofs out of the original packaging, or errors, I would be absolutely certain to employ respectable slabs as a business tool.

So, like everything I say (), there's an exception to the rule. Hone your photography skills to the point where the quality of your coins is obvious, speak about them truthfully in the sale, and back them up with an unconditional warranty, and you can sell whatever you want, wherever you want to. It's another illustration of the wonderful variety of our hobby - there's no one right way to do it.
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j_h_s's Avatar
United States
1934 Posts
 Posted 03/09/2008  1:37 pm  Show Profile   Bookmark this reply Add j_h_s to your friends list Get a Link to this Reply
I think the choice to grade rests on (no small consideration: 1. What one plans to do with the coin. 2. The overall value of the coin.

Graded coins kinda put off and/or shuts up wannabe experts and pretend collectors (vs. dealers) if your plan is to sell the coin.
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miterman's Avatar
United States
58 Posts
 Posted 03/09/2008  7:43 pm  Show Profile   Bookmark this reply Add miterman to your friends list Get a Link to this Reply
I guess having it attributed correctly would help it sell for more money in the long run if I decide to sell.
I'm probably going to hold onto it for awhile and enjoy it.
Thanks for all the opinions.
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InfiniteInterest's Avatar
United States
673 Posts
 Posted 03/09/2008  8:18 pm  Show Profile   Bookmark this reply Add InfiniteInterest to your friends list Get a Link to this Reply
I agree, until you sell it, I would not waste time or money with slabbing it. Even then you have to decide if it is worth the money for someone else's opinion.

I think I picked a coin from the same dies myself this week- I saw the pitting immediately and snatched it up. I will have to get pics and get it on here.
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