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Pricing coins that are "in between grades" when there's a huge jump in price from lower gr

How do you determine what you'll pay for an "MS65++++" when, for instance, a 65 typically sells for $1000, and a 66 typically sells for $5000?

Dan

Comments

  • The answer to this is directly related to- How bad do you want the coin?


  • << <i>The answer to this is directly related to- How bad do you want the coin? >>



    Isn't that the answer for all coins!!!
    We all pay what we feel is right. SO I would say pay what you feel the coin deserves!
    Zach
  • greghansengreghansen Posts: 4,301 ✭✭✭
    Always a tough call, but IMO the correct price is closer to the lower price point than the higher. IMO the reason is that grading services are very aware of coins that have a big jump between single grade levels. They are very protective of giving the higher 'money grade' for these coins. There are many examples (over a dozen last time I looked I think) where the there is a 10X multiple increase between MS64 and MS65 grades just in the Morgan Dollar series alone. I'm sure other examples abound in other series. Trying to crack out a PQ MS64 and getting it into an MS65 slab in those dates is very, very tough....and by that I mean, much tougher than cracking out a PQ MS64 and getting it into an MS65 slab where the price increase is only a factor of 2 or 3. If you are convinced the coin isn't going into the next higher grade...even though it is PQ for the lower grade...then I think the premium should be something that leaves it closer to the lower grade than the higher grade; i.e. less than the midpoint.

    Greg Hansen, Melbourne, FL Click here for any current EBAY auctions Multiple "Circle of Trust" transactions over 14 years on forum

  • dorkkarldorkkarl Posts: 12,691 ✭✭✭
    just remember what i've been telling you for years, if you like the coin, if you really, REALLY like it, then the price does not matter

    it don't get no simpler than that.

    K S
  • ShamikaShamika Posts: 18,781 ✭✭✭✭
    I've paid way over typical prices for coins that I think are super high end. However, if the coin is simply "nice for the grade", you really shouldn't pay much of a premium.


    Buyer and seller of vintage coin boards!

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