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Why grade coins at all?

topstuftopstuf Posts: 14,803 ✭✭✭✭✭
Heck, we're all in it for the fun anyhow. Why don'ts we just all puts coins in envelopes and draw names. Big sooprizes. Fun, excitement! As far as it could get from "investment." Sounds good to me.
Only rule: no expecting a complete set for a single coin. Gotta trade sets fer sets.

OKAY?

Look out eBay.

Comments

  • fcloudfcloud Posts: 12,133 ✭✭✭✭
    We would lose the wannabee and widget threads. image

    President, Racine Numismatic Society 2013-2014; Variety Resource Dimes; See 6/8/12 CDN for my article on Winged Liberty Dimes; Ebay

  • topstuftopstuf Posts: 14,803 ✭✭✭✭✭
    Oh I wannabee around to pick up da peeces when widget goes hawaiian.......

    puff puff
  • WTCGWTCG Posts: 8,940 ✭✭✭
    Why grade coins?

    Because not all coins are equal in quality.
    Follow me on Twitter @wtcgroup
    Authorized dealer for PCGS, PCGS Currency, NGC, NCS, PMG, CAC. Member of the PNG, ANA. Member dealer of CoinPlex and CCE/FACTS as "CH5"
  • michaelmichael Posts: 9,524 ✭✭✭
    Why grade coins at all?

    $$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$
  • BlindedByEgoBlindedByEgo Posts: 10,754 ✭✭✭✭✭

    Why are smoe girls 10's and others not?

  • stmanstman Posts: 11,352 ✭✭✭✭✭
    Good ol' topstuf, always gotta make things complicated. It
    IS all about the numbers. Haven't you learned that on here yet? I did, right here on this board. Thanks PCGS forums!!!!
    Please... Save The Stories, Just Answer My Questions, And Tell Me How Much!!!!!
  • BECOKABECOKA Posts: 16,961 ✭✭✭
    We grade coins so that we can seperate the rich from the poor. The rich collect gems the poor collect real coins with real looks. Granted some of the rich collect good looking gems too.
  • Why Grade coins at all...???
    I remember before I collected coins I saved baseball cards.
    I flipped them heads vs tails and against a wall.When you got a new one that was better.
    With coins, the mint produces millions.They use separate dies. It's the same thing.
    You always want to keep the better one aside.
    If your lucky you won't find anything wrong with your coin that your looking at.image
    ......Larry........image
  • Grading coins can insure some consistency in grading so collectors wouldn't have to count on the grading standards of all the different dealers. Also grading can insure that a coin is genuine and most likely not doctored or altered in any way.

    I would much rather buy a coin that is already graded versus a coin that is raw. This is especially true when the coin that I am interested in is worth more than a few hundred dollars.
  • Beauty is in the Eye of the beholder not the Holder.
    I agree a coin of great value would need to be authenticated but would it make a difference
    if it was raw or not ??If I were to keep a raw coin in my collection I would value it the same. JMO


    Larry image
    ......Larry........image

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