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Interesting pick up, why bother grading? 1892 Columbia Commemorative

Found this for basically silver price, had to have it because it was so odd. Someone paid to have this graded AND to have TVs of it. Anyhow I love finding things like this for dirt cheap to just look at! AU Details - Cleaned
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For around melt, why not?
As to why it was graded in the first place....and true viewed...maybe it was an inside joke or a wager lost???
I recently stumbled upon one. I had never seen one before and knew right away I wanted to keep it. Sort of a novelty piece, in my eyes. These were minted and sold to raise funding for that World's Exposition. To me, these have more historical meaning than the commemoratives being cranked out these days.
I can guess at reasons to have it slabbed. A coin like this doesn't really have a place in an album, and perhaps someone wanted to keep and show it slabbed instead of raw. Or perhaps it belonged to someone's grandfather who as a boy visited the Expo in 1892 and told stories of it, so the descendant slabbed it to retain the memory and special meaning the coin had to him/her. in other words, one might slab a coin for sentimental reasons when there is little financial reason to do so.
My strategy is about collecting what I intend to keep, not investing in what I plan to sell.
They did mint a gazillion of them. Wondered about errors or vams.
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When you can get a silver coin, slabbed, for melt value, that is a bargain. Congratulations.. Cheers, RickO