What Are Your Thoughts On Collecting PCGS Graded Coins? - Page 2

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Author	Replies: 21 / Views: 2,729	Page: of 2

BadThad Bedrock of the Community United States 19958 Posts	Posted 01/18/2010 1:22 pm Quote: BadThad - you have a very honest coin dealer there. He's pretty conservative to grade that AU from what I can see. I absolutely LOVE the dealer I bought this from. He's the source of most of my finest Lincolns. He's always more than fair and sells to me below CDN ask. Not sure if you saw the 1918-S I've posted on the forum. On that coin it was a toss-up between AU and MS....which is why I bought it. He sold it to me for an MS-60 price, I sent to NGC and they gave it AU-58. At the next coin show I told him about it and he sold me a $150 coin for $35. How can you not love a dealer like that!? Lincoln Cent Lover! VERDI-CARE™ INVENTOR https://verdi.care/ Report this Post to the Staff
BadThad Bedrock of the Community United States 19958 Posts	Posted 01/18/2010 1:26 pm Quote: Nice coin. Looks like an AU to me. Of course I won't grade anything higher than AU based on a photo so it could be better. It looked AU to a LOT of people. I was even on the fence. However, the 09-S is a special case for Lincoln grading. Lots of them look worn on the obverse portrait, but it's actually die wear. It's easy to mistake for physical wear. It's coins like this that we need TGP's for grading. They require an expert eye! Lincoln Cent Lover! VERDI-CARE™ INVENTOR https://verdi.care/ Report this Post to the Staff
dollarcoins Valued Member United States 220 Posts	Posted 01/18/2010 2:14 pm Quote: Kabiye_Lady: Worst thing would be to jump in, buy a few overpriced PCGS Morgans and then get bored with the hobby. It would be a costly experiment. That was exactly what I did in 2002. I received a gift of 2002 American silver eagle and started to collect coins then. I bought several coin collecting books and thought that I had enough background information to make an informed decision. I came out with a goal to collect PCGS MS64 Morgan & Peace dollars. I tried not to buy any other coins based on the investment purpose. (I totally forgot it's a hobby and not an investment.) Soon I just got bored about what I had being doing. Last year I found out this forum and spent some time browsing different threads. I finally found out a fact - collecting what you want most and not what people/books tell you to collect. (The CCF consists of coin collector with diverse interests.) Now I am working on several projects to collect coins I am really interested. I enjoy spending time with my precious ones (coins). It's a hobby that makes me happy. Report this Post to the Staff
nickelsearcher Moderator United States 15445 Posts	Posted 01/18/2010 6:42 pm It's difficult to find any fault with all the advise given above ...... the experts here are the greatest value out there! I will add the following ...... IMHO .... TPG add a 'safety factor' to those new to collecting or even those experienced collectors new to a series ..... Here is my own personal take on it ..... I have been absolutely smitten with the Love-Bug for Classic US Commemorative ..... and will acquire the entire 50-coin type set in MS grade even if it takes me 20 years (Lord Willing me that time). These are very expensive coins ....... can't even touch the low-end at MS65 below $100 .... and many (most) push over $1000! Sooooo ... for me ..... this is a tough set to research and know 'for sure' the grade of raw coins ...... especially un-certified coins on electronic auctions (read ... E-Bay). I am doing my homework ..... reading and learning all I can ..... but for now I am relying on PCGS certified coins to start my humble collection ...... which now numbers 5 coins. You can find me at the PCGS Registry Set #142. This quest of mine is ... IMHO .... a valid reason to use TPG ...... filling the gap between knowledge gain and experience ..... for sure in this series the potential cost of a bad mistake will eventually outweigh the premium to buy/certify. HTH David Take a look at my other hobby ... http://www.jk-dk.art Report this Post to the Staff
fyimo Valued Member United States 245 Posts	Posted 01/18/2010 6:59 pm It depends on your goal for the the set that you are collecting. All the advice given in this thread is right on and worth applying. Most (85%) of my stuff is raw coins and in Dansco albums but I do have 5 registery sets and on my Farnklin set my goal was the best grade I could afford for each coin with the lowest being MS64 FBL. On my American Eagle MS set they are all graded by NGC at MS69. On my raw coin sets I do the grading and I try to buy the best coin that matches up well with the coins around it in the album. I say this because on my Lincoln Cent set the coins from 1935 to present are all full red and at least MS60. Prior to 1935 they start to drift down with the lowest being a VF in the very early coins. I still need the 1909-S VDB, 1914-D, and the 1922 without mint mark and they are all pricey coins. Have fun and learn because it's a great hobby. Report this Post to the Staff
rastatodd Valued Member United States 487 Posts	Posted 01/18/2010 7:22 pm Came back from work and found so many replies. I've read each and everyone one. I'm learning so much! I'm so glad I signed up for this forum, it has really heighten my interest in collecting! Thanks! Rastatodd Report this Post to the Staff
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