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1964 D Kennedy Half Dollar Need Help Grading Please

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 Posted 12/24/2018  2:23 pm  Show Profile   Bookmark this reply Add BassPro to your friends list Get a Link to this Reply
64-65 Nice Coin
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 Posted 12/26/2018  05:55 am  Show Profile   Bookmark this reply Add mdpmedia to your friends list Get a Link to this Reply

Quote:
...trying to learn...


Although not directly related to this thread's directive, it is nonetheless applicable since anyone obviously would like to avoid areas that could potentially waste one's time/money.

When I first started out I sent in an unremarkable LHC coin to a TPG just to find out the grade. When I sat back and analyzed my mishap it came to my realization that shelling out $ 50 incl. freight/insurance was just plain stupid.

Now, as a rule, I never submit any coin unless it's a sure shot for at least hitting $ 125 in value. When taxes, insurance, buyer's fees, seller's fees, round trip freight and the most deleterious expense (depending upon your income bracket it is your 'TIME' to pre-grade, photograph & prepare it for shipping etc.) it just does not make sense to lower significantly that aforementioned figure.

One exception might be if you have a potentially valuable variety that you are on fence insofar as its existence.

Just IMHO
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 Posted 12/26/2018  06:11 am  Show Profile   Bookmark this reply Add mdpmedia to your friends list Get a Link to this Reply
Oh, I failed to factor in an amount for putting some 'meat on the bone' in terms of making a modest amount of profit (ie. 15% at best) upon resale; this would be even another reason to stick with that $ 125 figure.

You want to steer clear of trading dollars for dollars which is synonymous to a hamster running on its stationary, rotating-circular treadmill: trying to make some progress but going nowhere fast which is a frustrating exercise in futility.
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