Options
Finally got submission back
And Boy, am I learning !
Bought these coins two years ago ( when I first got into collecting) from Coast to Coast Coins.
They were all advertised as Gem Brilliant Uncirculated.
Here's the result of buying ungraded coins when you don't know the fine art of grading.
1886-O $1 - AU55
1889-S $1 - cleaning
1941-S 50c - AU50
Needless to say, between the purchase of misrepresented coins, the cost of registered
shipping to PCGS, and the cost of grading I lost a chunk of change.
Thanks to the wake-up call from PCGS and the information so generously given by the
members of this forum, I'm becoming a much more educated collector.
Skipper
Bought these coins two years ago ( when I first got into collecting) from Coast to Coast Coins.
They were all advertised as Gem Brilliant Uncirculated.
Here's the result of buying ungraded coins when you don't know the fine art of grading.
1886-O $1 - AU55
1889-S $1 - cleaning
1941-S 50c - AU50
Needless to say, between the purchase of misrepresented coins, the cost of registered
shipping to PCGS, and the cost of grading I lost a chunk of change.
Thanks to the wake-up call from PCGS and the information so generously given by the
members of this forum, I'm becoming a much more educated collector.
Skipper
0
Comments
Future recommendations.
1. ANA grading guide.
2. PCGS grading guide.
3. Go to as many shows as you can and look at as many coins to learn how to grade.
4. Do not buy from Coast to Coast.
I'm currently following all of your recommendations.
This weekend I'll be going to my first show.
It'll be less than 30 mile from Coast to Coast's headquartes so
I may run into Mr. Pines. I will do my best not to get arrested.
Don't hesitate to look at coins and ask dealers at shows and members here questions. Its the only way to learn. I would also recommend that you do not buy raw coins sight unseen for the time being, unless they are government issues. Have fun with the hobby and remember just because someone says it is a certain grade, doesn't mean it is. Learn how to grade and have fun. Take the ANA grading correspondence course. I guarantee its the best money you will ever spend. Trust me on that! I took it three times. I have a 90% penetration rate with PCGS and NGC. I get the grade I expect 9/10. Grading is fun, but you have to be patient and its something that takes years to learn.
Paul
I believe Coast to Coast takes advantage of inexperienced collectors
by sending cleaned coins that look nice but are worth half or less
what they're charging.
I've never believed in false advertising and I'll never buy from C-C again.
and it sets us apart from practitioners and consultants. Gregor
Butt Ugly
I hate it when you see my post before I can edit the spelling.
Always looking for nice type coins
my local dealer