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What is more important to you. Grade of Condition?

braddickbraddick Posts: 24,239 ✭✭✭✭✭

For example, you may have a choice between a graded MS65 type coin or one that is either raw or is "graded" less yet with all the attractive attributes you seek.

If the price was the same would you buy the graded coin or the one where the condition of the coin checks all your boxes?

peacockcoins

Comments

  • Jzyskowski1Jzyskowski1 Posts: 6,650 ✭✭✭✭✭

    Before becoming active on this forum I would have bought the graded 65. Now that I’ve been learning and listening, and have bought several great books on grading, I might use the tools available to me. Post it here, check my books and other tips I’ve picked up here. I maybe just might trust my judgment. It’s hard to break the buy only slabbed coins (as a newer collector ) habit. James 😉

    🎶 shout shout, let it all out 🎶

  • AMRCAMRC Posts: 4,280 ✭✭✭✭✭

    You should always buy the coin, not the holder. However, the holder is there for a really good reason. In the end, it is really about your confidence level and how much you like what is in front of you at that moment.

    MLAeBayNumismatics: "The greatest hobby in the world!"
  • SmudgeSmudge Posts: 9,617 ✭✭✭✭✭

    Condition and scarcity.

  • oldabeintxoldabeintx Posts: 2,184 ✭✭✭✭✭

    Graded if a US coin. All my US coins of consequence are slabbed. More to the point, even after 65 years of collecting, there's no way I can match the skills of a professional grader or dealer- I'll never see enough coins. Might make an exception if the coin were common and attractive and the slabbed coin were unattractive. Even then, after factoring in the grading fee, I'd probably just move on and find a graded example.

  • BillJonesBillJones Posts: 34,357 ✭✭✭✭✭

    I have committed "registry suicide" a time or two by replacing a higher grade coin with a lower grade one that pleased me more, but it was nothing expensive. The coin was a Roanoke commemorative half dollar. I replaced an MS-65 graded piece with unattractive toning spots with an MS-64 that was more attractive.

    As for raw U.S. coins, I am out of the market if it's a coin that's worth more than say $1,000. Getting coins graded is too expensive and too much of a hassle after you have paid the grading fees and sky high postage costs both ways.

    Retired dealer and avid collector of U.S. type coins, 19th century presidential campaign medalets and selected medals. In recent years I have been working on a set of British coins - at least one coin from each king or queen who issued pieces that are collectible. I am also collecting at least one coin for each Roman emperor from Julius Caesar to ... ?
  • ReadyFireAimReadyFireAim Posts: 1,828 ✭✭✭✭✭
    edited October 21, 2021 2:07PM

    @BillJones said:
    I have committed "registry suicide" a time or two by replacing a higher grade coin with a lower grade one that pleased me more....

    Yep, TWICE :)

    1924 MS66+ saint for a MS65 & a 1910-D MS65 for a Details (Alt-Surf later graded MS64)
    Sometimes you look at the grade & your eyebrow just goes up. :D

  • gumby1234gumby1234 Posts: 5,591 ✭✭✭✭✭

    Whichever coin looks better to me.

    Successful BST with ad4400, Kccoin, lablover, pointfivezero, koynekwest, jwitten, coin22lover, HalfDimeDude, erwindoc, jyzskowsi, COINS MAKE CENTS, AlanSki, BryceM

  • crazyhounddogcrazyhounddog Posts: 13,999 ✭✭✭✭✭

    Beauty rates extremely high in my book. Then I start checking boxes.

    The bitterness of "Poor Quality" is remembered long after the sweetness of low price is forgotten.
  • WalkerfanWalkerfan Posts: 9,490 ✭✭✭✭✭
    edited October 21, 2021 5:24PM

    It depends on the coin. I would take the higher grade, if it was PQ, but if it was only average for the grade, then I would rather prefer to have the lower-grade with the better attributes. I built my whole Walker set around using this philosophy.

    Sometimes, it’s better to be LUCKY than good. 🍀 🍺👍

    My Full Walker Registry Set (1916-1947):

    https://www.ngccoin.com/registry/competitive-sets/16292/

  • ZoinsZoins Posts: 34,376 ✭✭✭✭✭
    edited October 21, 2021 5:26PM

    @braddick said:
    For example, you may have a choice between a graded MS65 type coin or one that is either raw or is "graded" less yet with all the attractive attributes you seek.

    If the price was the same would you buy the graded coin or the one where the condition of the coin checks all your boxes?

    The the coin is equivalent, why not get the one in a holder or holder led with a higher grade?

    Or are you saying the higher grade coin is not as nice?

  • CryptoCrypto Posts: 3,740 ✭✭✭✭✭
  • CatbertCatbert Posts: 7,378 ✭✭✭✭✭

    Grade is somewhat irrelevant since I’m not trying to compete with others but I do prefer an AU or better coin for type. Eye appeal is the weed out factor. They need to be slabbed to protect my investment given their individual expense.

    Seated Half Society member #38
    "Got a flaming heart, can't get my fill"
  • coinbufcoinbuf Posts: 11,580 ✭✭✭✭✭

    If I were attempting to win a registry competition then grade would trump all. As I am not it all depends on the coin, high grades can be great if the coin is all there.

    My Lincoln Registry
    My Collection of Old Holders

    Never a slave to one plastic brand will I ever be.
  • CatbertCatbert Posts: 7,378 ✭✭✭✭✭

    @braddick would you say ugly and unloved would be a primary factor for you? 😉😉😉😉😬🙃

    Seated Half Society member #38
    "Got a flaming heart, can't get my fill"
  • BryceMBryceM Posts: 11,827 ✭✭✭✭✭

    When things are graded correctly, there shouldn’t be a difference.

    Personal preference comes in to play here, but that’s always true.

  • CaptainBluntCaptainBlunt Posts: 199 ✭✭✭

    Just dropped in to see what condition my condition was in

  • lkeneficlkenefic Posts: 8,169 ✭✭✭✭✭

    I don't play the registry game so that pressure is off. For me, it mainly comes down to eye appeal... and the fate of the particular coin. For instance, I don't think twice about cracking coins for my 7070 Album... but for the Classic Gold Type, they will all be slabbed since I'm also interested in authentication...

    Collecting: Dansco 7070; Middle Date Large Cents (VF-AU); Box of 20;

    Successful BST transactions with: SilverEagles92; Ahrensdad; Smitty; GregHansen; Lablade; Mercury10c; copperflopper; whatsup; KISHU1; scrapman1077, crispy, canadanz, smallchange, robkool, Mission16, ranshdow, ibzman350, Fallguy, Collectorcoins, SurfinxHI, jwitten, Walkerguy21D, dsessom.
  • ctf_error_coinsctf_error_coins Posts: 15,433 ✭✭✭✭✭
    edited October 22, 2021 10:26AM

    I buy the coin based on eye appeal.

    More times than not, the coin ends up being a high MS grade.

  • braddickbraddick Posts: 24,239 ✭✭✭✭✭

    @Catbert said:
    @braddick would you say ugly and unloved would be a primary factor for you? 😉😉😉😉😬🙃

    Yes.
    Some rescue dogs. I rescue coins.
    All dogs need and deserve love. So do all coins.

    ALL COINS MATTER!

    /s

    peacockcoins

  • JRGeyerJRGeyer Posts: 143 ✭✭✭

    The more nuanced my eye has become, the more I am interested in condition over grade.

    For modern coins, grade and condition almost go hand in hand. In the seated series though, specifically half-dimes which I am collecting hard now, my obsession is original surfaces.

    Not that grade is unimportant, but a coin that was dipped or had an old clean but still straight-graded is just less attractive than an original surface coin, even if it grades a rung higher like AU to EF or EF to VF. I have found you can get a better deal on a better overall coin with that mindset as well.

  • coinnutcoinnut Posts: 1,432 ✭✭✭✭✭

    I have one criteria for buying coins. Eye appeal. It trumps everything else.

  • Cougar1978Cougar1978 Posts: 8,468 ✭✭✭✭✭

    If choice is slabbed coin vs raw I go with the slabbed coin.

    Coins & Currency
  • Dave99BDave99B Posts: 8,613 ✭✭✭✭✭

    I’d choose the raw or lower graded coin, assuming it was more attractive/original.

    Dave

    Always looking for original, better date VF20-VF35 Barber quarters and halves, and a quality beer.
  • rickoricko Posts: 98,724 ✭✭✭✭✭

    For me, it will come down to condition/eye appeal - providing they are coins I am confident in my appraisal abilities. I am in the collecting stage where, after authenticity, it is the attractiveness of the coin that gets my attention. Cheers, RickO

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