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jamesf-migration

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Posts posted by jamesf-migration

    Your opinion on having Proof coins Graded

    in US, World, and Ancient Coins

    Posted

    Thanks for your reply. I could discuss this you for hours and exchange example coins.

    I don't have any knowledge of big coin dealers getting preferential treatment, but it sure seems weird that a place like govmint can mass sell Liberty Silver Dollar MS 70 coins.

     

    Do they submit 20000 coins and get them all graded at MS70? If not all the coins are graded at MS70 how do they sell the rest? There must be some deal with the grading company

     

    They purchased them at the same place we all did.

     

    How does a 40 year long collector or a beginning collector become an expert at determing the difference between MS grades.

     

    I've looked at all the internent info. I'm a member of PGCS, NGS, Heritage etc. I'm lacking at reading books, but does that really make a difference between your eye grading a Columbus 1892 Half Dollar compared to the pictures on the interweb?

     

    I think this is one of the major problems with the Hobby. People like the original poster (MJO) will get discouraged with the possible unfairness associated with grading coins, and instead of actively participating in the hobby will simply give up

     

    Thanks again for your response and sorry for the rant

    Your opinion on having Proof coins Graded

    in US, World, and Ancient Coins

    Posted

    I agree with you MJO. I recently had a 1999P SBA coin graded. It was straight from the mint, never opened stored in a safe. I looked it over with various magnification and could not see any flaws.

    So I felt confident I could get my first MS70 Proof coin....No it came back as PR69DCAM.

     

    I kind of think the bigger dealers get the benefit of the doubt when grading coins.

     

    It's got to be nearly impossible to tell the difference between a proof 69 and 70 yet the difference in price is substantial.

     

    OK group What do you think about that statement?