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What would be the impact on prices and grade premiums if all holders were like this?
ColonialCoinUnion
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In the post the other day about the new Presidential Dollars, our own CoinKing noted that (and I quote):
<< <i>The coin and grade information (and First Day of Issue -- if applicable) goes on the reverse, just as it does with the special inserts we did for the 50 States Quarters Flag series.
>>
I believe that if the numerical grades were on the back of all holders, there would be a profound impact on buying behavior, and collectors would be far less willing to pay significant premiums for an additional grading point or two.
<< <i>The coin and grade information (and First Day of Issue -- if applicable) goes on the reverse, just as it does with the special inserts we did for the 50 States Quarters Flag series.
>>I believe that if the numerical grades were on the back of all holders, there would be a profound impact on buying behavior, and collectors would be far less willing to pay significant premiums for an additional grading point or two.
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Will "serious collectors" have an interest in these coins?
Doggedly collecting coins of the Central American Republic.
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<< <i>Some collectors might not emphasize the number more than the coin if the grade wasn't as prominent. On the other hand, I don't think it would matter to the registry folks. >>
some of us registry folks really appreciate the coins in our sets.
<< <i> Those holders look like they are intended for the general public, not serious collectors.
Will "serious collectors" have an interest in these coins? >>
I think they could, especially since it looks like they could be very hard to find above MS-65.
Though I suspect most serious collectors would buy a lot of rolls and make their own rather than pay a thousand bucks for a 67 or 68.
<< <i>In the post the other day about the new Presidential Dollars, our own CoinKing noted that (and I quote):
<< <i>The coin and grade information (and First Day of Issue -- if applicable) goes on the reverse, just as it does with the special inserts we did for the 50 States Quarters Flag series.
I believe that if the numerical grades were on the back of all holders, there would be a profound impact on buying behavior, and collectors would be far less willing to pay significant premiums for an additional grading point or two. >>
I disagree. I think people would start looking at the reverse first, and dealers start would start displaying the coins with the reverse side up to make it easier for perspective buyers to see what they really care yo see.
I like TDN's idea of no grade on the holder. I even like the idea of the TPG grading the coin and giving it a serial number. The submitter of the coin can decide whether to make this available on the TPG's website (like cert # look-up works now) or keep it private.
That being said, I want them all in standard one sided blue labels, NOT these front and back artsy things, just so they display uniformly with all of my other type coins.
...the same reason I cross perfectly good NGC coins...
Rex
<< <i> Those holders look like they are intended for the general public, not serious collectors.
Will "serious collectors" have an interest in these coins? >>
I doubt that the series will do well with serious collectors. The coins are so poorly designed that many will probably just ignore them. I think of them as being in a league with Chuck-E-Cheese tokens.
<< <i>I disagree. I think people would start looking at the reverse first, and dealers start would start displaying the coins with the reverse side up to make it easier for perspective buyers to see what they really care to see. >>
If you believe - as I do - that the majority of today's buyers (note I didn't say collectors) want to see the numerical grade, how can you explain PCGS's decision to put the numerical grade on the reverse?
<< <i>
<< <i>I disagree. I think people would start looking at the reverse first, and dealers start would start displaying the coins with the reverse side up to make it easier for perspective buyers to see what they really care to see. >>
If you believe - as I do - that the majority of today's buyers (note I didn't say collectors) want to see the numerical grade, how can you explain PCGS's decision to put the numerical grade on the reverse? >>
They are marketing and selling these as trinkets, not numismatic delicacies.
In honor of the memory of Cpl. Michael E. Thompson
I have quite a few RARE dates that would fit this description..... I don't care how they grade, I just like to know that they are authentic...... ANACS suits my needs because of that, and I get a grade too......
This way they also get some protection from the environment....
<< <i>I don't believe this is true and history would support that thought. >>
You don't believe what is true?
<< <i>I believe that if the numerical grades were on the back of all holders, there would be a profound impact on buying behavior, and collectors would be far less willing to pay significant premiums for an additional grading point or two. >>
As he said the first NGC holder had the grade and serial number on the back and the collecting community rejected it. They wanted the grade information on the obverse.
<< <i>He doesn't believe thie is true.
<< <i>I believe that if the numerical grades were on the back of all holders, there would be a profound impact on buying behavior, and collectors would be far less willing to pay significant premiums for an additional grading point or two. >>
As he said the first NGC holder had the grade and serial number on the back and the collecting community rejected it. They wanted the grade information on the obverse. >>
But doesn't that 2nd quote actually support the original statement? The collecting community originally rejected that holder - in other words they didn't want to spend as much for coins that were in it.
Registry collectors are clearly more # sensitive, so they wouldn't be as happy with the #'s on the back.
The general public wouldn't care, IMHO, but it is more attractive with the #'s on the reverse.
I firmly believe in numismatics as the world's greatest hobby, but recognize that this is a luxury and without collectors, we can all spend/melt our collections/inventories.
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