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 Replies: 16 / Views: 4,502 |
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Pillar of the Community
Canada
1554 Posts |
 Have you ever had the thought of upgrading to an MS-65 from an MS-64? I know it depends vastly on the coin, mintage, denomination, etc. This is only one example, the same context could be compared to an upgrade from an MS-62 to an MS-63. This mere point upgrade can mean spending hundreds even thousands more dollars for that one point "thrill". In your opinion is it worth it, and have you ever made the commitment to do it for a series of coins or a particular Key date?  Glenn
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Pillar of the Community
United States
1081 Posts |
I would rather look for a really nice MS-64 then spend the extra on the one grade higher. Keep in mind that there are difference within the grade too, some MS64 are nicer than some MS65s too.
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Pillar of the Community
Canada
902 Posts |
It's a numbers game , crazy , obsessive , etc.
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Pillar of the Community
United States
716 Posts |
the highest grade that I have in my IHC collection is 64. Most 65's are out of my price range and quite frankly I am not sure that I would want to pay for a 65 even if I could afford it since there is much subjectivity in these higher grades. In most cases,the increase in grade does not justify the cost in my opinion. |
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Pillar of the Community
United States
1064 Posts |
You can afford MS-64's? Outta my range, I'm afraid the diff is lost on someone like me, but I guess that's how collecting has changed for 'investment grade' examples...
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Pillar of the Community
Canada
1442 Posts |
I can understand going from VF to AU (you want to see the details).
Or even from MS60 to MS63 (you want to see fewer bagmarks).
Anything beyond that is more about "being the top dog", or "having the top coin" than anything else.
With everything we know about grading creep at all the TPGs...or the subjectivity of it all...and the huge cost jump...i wonder why anyone would bother...
Probably comes down to human psychology :).
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Pillar of the Community
Canada
902 Posts |
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Pillar of the Community
United States
2424 Posts |
nickelsearcher, another CCF member mentioned that there is a grade that jumps in price dramatically, ie. going from 62-63 or 64-65. but it depends on that coin. but you get the drift. I even buy AU coins because they LOOK almost as good as some MS63 coins... why PAY MORE?
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Moderator
 United States
15530 Posts |
Quote:
nickelsearcher, another CCF member mentioned that there is a grade that jumps in price dramatically Not sure why I was mentioned in this thread ... but will contribute the following in the spirit of sharing. There are indeed valid reasons for fans of MS coins to select one technical grade over another ... and Q. David Bowers calls this concept the "Optimal Collectible Grade" ... (OCG) The OCG is different for every coin .... and in my words the OCG is the price point whereby the next step in technical grade results in a significant price increase. It varies from coin to coin and savvy collectors of MS coins will know the OCG of their series. David Take a look at my other hobby ... http://www.jk-dk.art |
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Pillar of the Community
United States
716 Posts |
When I mentioned that I have some 64's in my IHC collection these are RB & BN in common dates and can be had at very reasonable prices. |
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Pillar of the Community
Canada
1733 Posts |
I get what Glenzy is getting at. I did a lot of this at one point then I ended up switching back to "the coin that shows the best" regardless of grade. Sometimes that meant I chased a 66 and retired a 64 and other times it means I retired a 65 in favour of a really pretty 63. I'm happier with my collection now that I ever have been, so that worked for me.
But, we collect for different reasons and you have to have pieces that fit your need for collecting. If you need high technical grade pieces to be happy, then collect them.
Your collection has to make you happy.
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Pillar of the Community
Canada
2428 Posts |
I want the best for my collection so if it means spending a little more, then I will spend a little more albeit not everyone has the means financially to do that.
Spend within your means.
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Pillar of the Community
 Canada
617 Posts |
I'm generally upgrading my Elizabeth II silver dimes and quarters from MS64 to MS65 because the overall quality is generally noticably better, and its financially reasonable to do so.
This is especially true when I'm trying to replace coins with poor eye appeal, or with colonic toning.
I'm certainly not spending hundreds per date to do so, though.
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Pillar of the Community
Canada
1051 Posts |
I will go for a 65 because that particular grade has (at least in the past) been the grade at which you were dealing with a coin with minimal marks, a coin that struck you with an overall initial "quality look".
That said, I have my own "OCG", and it goes like this: minimum grade I buy is VF-20. I will buy VF, EF, AU coins...but am particularly fond of high AU because they are 90% of an MS-65 at a fraction of the cost. I will not buy MS-60, 61, 62. I will buy MS-63 if I can't stretch the budget to MS-65, but generally do not go for MS-64's. If the budget permits, certainly anything MS-66 or better I will chase after if practical.
Edited by 1cent
06/26/2011 03:05 am
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Pillar of the Community
 Canada
1554 Posts |
 I like the term Nickelsearcher used: OCG>"Optimal Collectible Grade", it's the first time I've ever heard this anacronym. Every series of every decimal that I collect has a different OCG and it's the way in which I buy/collect/upgrade my collection. This is the first time I've ever heard a term describing it!  Glenn |
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Pillar of the Community
United States
629 Posts |
I collect raw coins. Few of my coins are graded. When I buy a coin, I buy the best looking one I can find at the time. If I were to get it graded and it came back less than MS65 then I would have slight disappoint in the grade, not what I paid for the coin.
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Replies: 16 / Views: 4,502 |
Posted 06/25/2011 4:31 pm
