How my self-grading is coming along..

tneig

Have to say that I'm really disappointed so many secondary market coins like on craigs/ebay are sold with no specific grading terms. Good shape, clean, almost new, good condition, or no grade comment at all. Let alone understand the date/mint or rarity.

I'm slowly selling some base grade morgan/peace dollars that I graded. I was close on the spots called out to look for, but overestimated in overall appearance or marks, and specifically say self-graded and that you may differ in opinion. But I feel I'm in a general area and would appreciate if others did the same.

One fellow questioned everything and tried extreme lowballing only to pay me a fair $27/$28 anyway (G to VF). I was glad to see him question my grading and it forces me to learn more too, and watch the self bias. He thought slight tonning was evidence of cleaning w tarnex. So now I'm offering some VF to EF and we'll see how that goes.

I think the attempt at grading is better than "Good shape" which in grading would mean crap, and it lets me know about their knowledge level.
I like when folks tell me their spot offer is fair. And it is fair, when you're buying, but this time I'm selling..

ricko

All grading is an opinion....granted, some opinions are more qualified than others... but an opinion nonetheless. There are no standards that definitively measure coin quality. When computer grading is perfected, then, perhaps, we will begin to move beyond opinion. Cheers, RickO

cohodk

Dont grade coins, price them.

rawteam1

<< <i>Dont grade coins, price them. >>


Any1 buyin coins based on grades, especially self qualified ones, is in for a rude awakening... Lol...

tneig

Yep, I put a price on them to, being a buck or two below Red Book.

One person wrote me offer about melt $15. He says he's not a collector and the coins I offered are nothing special so he would melt them and that's all their worth.
So I told him that was from his point of view but people are buying at that general price which is slightly less than ebay. I also said if he is buying at $15 and melting, I would buy all he provide get at $16. He said he didn't know what I mean.

So I discounted what he was saying, other than he is just trying to buy cheap. Does it add up for you?

rawteam1

Lol, as long as u can keep the red book schtick goin, might as well go til the suckers, ahh, buyers dry up ...

tneig

I bargain a lot of course. But I've also had the "I have no life" name calling on craigs thing too because the guy simply could not live if I didn't sell morgans at melt.
Even though they've sold less than the ebay equivalents.