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Mr.Bill347

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Posts posted by Mr.Bill347

  1. JPM , good point. But within the group it pretty much screams, don’t grade coins by a tpg unless they are $300. As you said, let others pay the exorbitant fees.

    so with so many people losing money on those exhorbitant fees, wouldn’t you think the amount of grading would somewhat diminish? NOT! But there are always plenty of slabs to buy. Few get the bargains that you get though!

  2. John welcome to the forum. Your question is one that is often asked. Proof coins are all as perfect as can be in a production environment. However, it has been said that 80% of proof coins do not qualify as MS70. The cost to grade each coin will not yield a profit and can be up to $30-40 a coin. I collect proof sets and have managed to have a set from 1954-2023. It is important to note, US mint proof lenses are not sealed, and they will allow contaminates in the air to degrade or tone coins. That is why it is imperative to store proof sets correctly in specific boxes designed to counteract contaminates. The lenses should be considered dust and fingerprint protectors. There a a lot of collectors breaking apart proof sets and selling the proof coins individually, which if your end result is to profit from your proof sets, it may be the best way to go. I will buy these individual proof coins to complete an album from time to time. The other drawback is you cannot list ungraded proof sets in the registry. I know the TPGs used to grade entire sets, but I am unsure if they still do it.

  3. Gov Mint is stating that these are being restocked based on demand. 

    I do not like it and whatever intelligence they think is used here is wasted.
     

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