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Posted 03/28/2010 6:14 pm
I am not a real big fan of coins I can't touch either, but over the past couple months of studying Heritage sales and reading forums, I have pretty much come to the conclusion that if you ever intend to sell, there is a growing number of collectors who rely on the third party exclusively. I think it makes collectors lazy as far as learning to grade coins, and in some cases, even leads them to pay too much money for coins that have obviously been altered since their minting. But these coins make it into slabs...and people pay stupid money for them.
Take a look at this one....and ask yourself....just how did this coin remain white for 188 years?...and how did it get those hairlines? Are those in the plastic? If they are, then I charge that the seller of the coin should have polished the slab before offering the coin for sale. Personally, I think this coin has been dipped and wiped...yet somehow still managed to be blessed by PCGS as being MS62.
I am thinking of slabbing the half a dozen or so truly exceptional coins in my 7070 and selling off the rest.
http://coins.ha.com/common/view_ite...src=pr#Photo
Chance
Take a look at this one....and ask yourself....just how did this coin remain white for 188 years?...and how did it get those hairlines? Are those in the plastic? If they are, then I charge that the seller of the coin should have polished the slab before offering the coin for sale. Personally, I think this coin has been dipped and wiped...yet somehow still managed to be blessed by PCGS as being MS62.
I am thinking of slabbing the half a dozen or so truly exceptional coins in my 7070 and selling off the rest.
http://coins.ha.com/common/view_ite...src=pr#Photo
Chance
