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Follow up: Is there a minimum grade that you can live with?

tmot99tmot99 Posts: 5,238 ✭✭✭
When upgrading a coin, how significant of a change do you look for before its worthwhile?

Or is it based on the cost?

Comments

  • BillJonesBillJones Posts: 33,970 ✭✭✭✭✭
    Cost and eye appeal have everything to do with it.

    Currently I have 1796 quarter in PCGS VF-25. Would I like a better one? Sure, but since an EF would cost me $7 or $8 grade more, the VF looks pretty good.
    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 ... ?
  • BoomBoom Posts: 10,165
    It all depends what particular series we are talking about!

    There are coins within the series I collect in which you cannot give a Gem 65 away (depending on date and mint mark)

    There are also some 67s with a population of say 200 / 0 and you STILL have a hard time moving them.

    I've offered everything from AU / BU to 67- just depends. This, of course is both froma collector's view point to a dealer's.

    I can recall a time when a CH BU coin was a nice coin. NOBODY wants a 63 anymore!
  • For stuff that is specifically UNC...I want MS 62 as a minimum grade.
  • I try to keep a bottom line of MS 63 but it doesn't always work that way.

    image
    Alex in Alaska
    Collecting Morgans in Any Grade
  • razorface1027razorface1027 Posts: 4,242 ✭✭
    I thought I was goin' crazy...I knew I responded to one of these threads. I'm NUTZ enough, please don't make me think I'm becoming nuttier.image
    What is money, in reality, but dirty pieces of paper and metal upon which privilege is stamped?
  • cladkingcladking Posts: 28,656 ✭✭✭✭✭
    Disregarding cost the new coin has to be "clearly superior". To me this means superior in
    all grading parameters or at least that there is so much superiority in most or the most
    important categories that a slight deficiency in one is insignificant.

    Our tastes and eye change over time and you don't want to run the risk that you'll come
    to believe you got rid of the superior example.
    Tempus fugit.
  • ColorfulcoinsColorfulcoins Posts: 3,364 ✭✭✭
    Since I go for low graded coins, my minimum is to acquire coins below Good-4.....having said that, I don't really try to hard to drop from a FR02 to a PO01, or even a AG03 to a PO01 but I will work any coin at GD04 or below...not worth tgetting an AG03 for a GD04 so I generally try to go at least 2 grades lower!

    One good thing about downgrades is I'm almost alway replacing a more expensive coin with a cheaper coin image
    Craig
    If I had it my way, stupidity would be painful!

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