pole question to people who collect mint state or proof coins.
barberlover
Posts: 2,228 ✭✭
Do you feel that market grading will lead to exceptance and higher prices for slabbed coins in the long run [say 10 years out]
Or do you feel that this will lead to an 89-90 style market crash with coins losing up to 80 % of there value ? Which is the most likely result of "market grading" barberlover
Or do you feel that this will lead to an 89-90 style market crash with coins losing up to 80 % of there value ? Which is the most likely result of "market grading" barberlover
The President claims he didn't lie about taxes for those earning less then $250,000 a year with public mandated health insurance yet his own justice department has said they will use the right of the government to tax when the states appeals go to court.
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Comments
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if you buy the coin and not the holder
and you specialize in what you are buying and looking at
and you only buy monster exceptionally looking coins with really rarely seen superlative qualities
one in a million coins.................................................
i think at the very least you will have lots of fun and break even and at the best case scenerio if demand grows you might do extremely well moneywise........................................
sincerely michael
for it to cause changes or to lead the market, it is unlikely to do so in the next several
years. There will probably be a gradual evolution to a more broad based and technical
grading system in the years ahead.
So long as third party graded coins will sell at market, it doesn't matter what the accep-
tance level is. Even if large numbers of collectors were to quit buying slabs, it would not
necessarily have any effect on prices of slabbed or raw coins, because the threshhold
number of collectors is quite small. It would result in many coins being removed from slabs,
of course.
sincerely michael