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Do you assume if a coin is not graded there is something wrong with it?

BLUEJAYWAYBLUEJAYWAY Posts: 9,104 ✭✭✭✭✭
in Trading Cards & Memorabilia Forum

Or it has been graded before,and is now a cracked out coin.

Successful transactions:Tookybandit. "Everyone is equal, some are more equal than others".

Comments

  • brad31brad31 Posts: 2,778 ✭✭✭✭✭

    I assume I gave a cashier bills and in order to make change they needed to use some coins. Think you may have put this one in the wrong forum.

  • BLUEJAYWAYBLUEJAYWAY Posts: 9,104 ✭✭✭✭✭

    @brad31 said:
    I assume I gave a cashier bills and in order to make change they needed to use some coins. Think you may have put this one in the wrong forum.

    Correct. Was wondering where it went. Maybe a mod can transfer it to the coin forum.

    Successful transactions:Tookybandit. "Everyone is equal, some are more equal than others".
  • mrmoparmrmopar Posts: 1,050 ✭✭✭✭

    The same logic can be applied to cards, except that there are plenty of card collectors with no interest in grading and have been around long enough for most of their stuff to predate grading. i am one such person.

    I would guess there to be similar coin collectors too?

    I collect Steve Garvey, Dodgers and signed cards. Collector since 1978.
  • RonSportscardsRonSportscards Posts: 942 ✭✭✭✭✭

    My biggest concern of raw coins is, have they been cleaned. Some are obvious, but I've seen coins in slabs labeled "cleaned" that I would never spot.

  • BLUEJAYWAYBLUEJAYWAY Posts: 9,104 ✭✭✭✭✭

    @mrmopar said:
    The same logic can be applied to cards, except that there are plenty of card collectors with no interest in grading and have been around long enough for most of their stuff to predate grading. i am one such person.

    I would guess there to be similar coin collectors too?

    I wonder how many may have bought vintage 30-40 years ago unaware of trimming possibilities. Who will never grade and find out that the cards may have been trimmed. Then are sold raw. New buyer upon grading discovers the issue.

    Successful transactions:Tookybandit. "Everyone is equal, some are more equal than others".
  • brad31brad31 Posts: 2,778 ✭✭✭✭✭

    @BLUEJAYWAY said:

    @mrmopar said:
    The same logic can be applied to cards, except that there are plenty of card collectors with no interest in grading and have been around long enough for most of their stuff to predate grading. i am one such person.

    I would guess there to be similar coin collectors too?

    I wonder how many may have bought vintage 30-40 years ago unaware of trimming possibilities. Who will never grade and find out that the cards may have been trimmed. Then are sold raw. New buyer upon grading discovers the issue.

    I think most of those collectors will grade when they want to sell. Way too much $ on the table. auction houses will take care of that as part of the sales process.

  • mark_dakmark_dak Posts: 1,114 ✭✭✭✭✭

    @BLUEJAYWAY said:

    @mrmopar said:
    The same logic can be applied to cards, except that there are plenty of card collectors with no interest in grading and have been around long enough for most of their stuff to predate grading. i am one such person.

    I would guess there to be similar coin collectors too?

    I wonder how many may have bought vintage 30-40 years ago unaware of trimming possibilities. Who will never grade and find out that the cards may have been trimmed. Then are sold raw. New buyer upon grading discovers the issue.

    More like 50+ yeats ago. Most of what I own is raw. Not any trimmed (plenty of lousy cuts from Topps) since 90% came directly out of packs.

    Same can be said for coins. I usually buy raw over slabbed. Purchasing slabbed really limits upside in my opinion. Still find lots of great deals on coins that have yet to be sent to TPG.

    Mark

  • mexpo75mexpo75 Posts: 1,931 ✭✭✭✭

    Buy the coin, not the holder.

    Disclaimer: I know less than nothing about coins.

    PackManInNC
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