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All Forums Category: General Numismatic Forums Forum: Main Coin Forum

Buy/Sell Pricing? Slabbed Versus Raw Discussion

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Steele
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 Posted 10/13/2016  12:00 am  Show Profile   Bookmark this reply Add Steele to your friends list Get a Link to this Reply

Quote:
the coin should be priced less than the TPG opinion would cost.

Why? I place no value on what ANYONE else says a coin's grade is. I either like the coin and will buy it or not like the coin and will not. I actually have passed over coins graded higher and purchased coins graded lower because the lower grade was more appealing to me.
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4Consult
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 Posted 10/13/2016  5:39 pm  Show Profile   Bookmark this reply Add 4Consult to your friends list Get a Link to this Reply
One thing I haven't seen mentioned is the fact that the major TPGs' guarantee the grade. Can't get that with a raw coin. I rest my case!
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acloco
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 Posted 10/13/2016  6:42 pm  Show Profile   Bookmark this reply Add acloco to your friends list Get a Link to this Reply
Mostly guaranteed.

Because $$ is involved in our hobby, there are, unfortunately, many coins that have been "conserved". I left that word in quotes, because the definition, may not be the same to all.

I had a very high grade 1924 S Lincoln Cent that had a problem after I purchased it. Dealer said "not my problem". PCGS offered to conserve it. This coin is an ugly, but still high grade Lincoln.

There are other coins that have had problems after being graded. Bet they don't guarantee these coins.
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