Are "market acceptable" coins acceptable to you?

291fifth

What standard do you apply when deciding what coins to buy?

BillJones

Yes.

Sometimes that's all you can afford. Sometimes that's all you want to spend. This 1839-C half eagle is a case in point. It's been dipped bright, but I didn't want have $20,000 or more in this coin. So I bought this for less than half of that.



Ditto for this 1834 Large Size Capped Half Eagle. This is not my favorite type because I think that the design in unattractive, but if you want a complete gold type set, you need the type. I bought this at auction for less than EF bid.



I do have my limits. I will not buy coins in Good or less. There might be a VG out there that I would like, but it would have to be a heck of a VG, and yes they do exist.

Sonorandesertrat

Market acceptable doesn't mean much to me. Sort of like damning with faint praise. I look for pieces with eye appeal and, if I cannot afford something that looks nice for the grade to me, then I will do without.

BillJones

<< <i>Market acceptable doesn't mean much to me. Sort of like damning with faint praise. I look for pieces with eye appeal and, if I cannot afford something that looks nice for the grade to me, then I will do without. >>



I do without the really junky coins too. I'd rather look at a picture than buy something I detest.

DennisH

Yes most of the time, but not always.

keets

sometimes.

agentjim007

I've bought some and have never been happy with them.

Michael4692

Not all that's for sure. Ticks me off too when I see garbage in a slab when I have seen some real buties miss the cut.

lkeigwin

There's often a fine line between "market acceptable" and a TPG goof.

Generally I stay away from BB'd coins. But I have bought some and had them regraded problem-free.

I have also returned market-acceptable coins I thought were TPG mistakes.

Bottom line is I buy what I like and will take chances on series with which I am comfortable.
Lance.

jcping

Very rarely but I do have one in my collection

Stuart

<< What standard do you apply when deciding what coins to buy? >>

Eye Appeal, which is subjective in the eye of the beholder.

Walkerguy21D

For early or tough date/variety large cents, I try to find those with the least amount of corrosion or other problems in the price range I'm
comfortable with.
Does this mean some are in (or would be in) genuine holders? Yes.

ricko

I buy coins that I like.... I am not interested in the 'market'....Cheers, RickO

keets

two points to consider................

1). for every coin that is in a graded PCGS holder and we can't understand why there is probably a bb'd/genuine coin that we also can't understand why.
2). for every member that answers "No" I would suppose that if they submitted all their raw coins some might be graded as market acceptable by PCGS and others genuine.

lasvegasteddy

i'm on the gold standard
if i have enough gold and like the coin...i'll buy it

strange to see this thread after buying a coin with "genuine not gradeable" on the back of the slab

as sometimes
buy the coin not the holder truly applies

mostly i buy raw coins
as part of my standards included the love of submitting coins for grade
most meet pcgs's standard but yet some do not

LindeDad

Yep 1839-O wanted something that didn't break the bank in the slot.




Holed, Plugged, Carved up and been though a bunch of wars.

rhedden

"Market acceptable" to me invokes images of a circ. Bust or Seated coin that got in a slab even though it's obviously been cleaned and retoned, or perhaps it has an "X" lightly scratched in the field. Another example is a Morgan Dollar that's slabbed MS65, but it has fugly brown toning. Dealers see these coins and whip out their Bluesheet to buy them for peanuts, maybe hoping the seller will just go away. With these images in mind, I say that "market acceptable" translates to "collector unacceptable."

Davideo

How are we defining market acceptable? Does that mean straight TPG grade, but with what many would consider problems? The nicest gem coin with the best eye appeal is acceptable to the market.

Michael4692

Ricko has the right idea. I have a ton of coins and medals that may not be considered market acceptable. But their eye appeal or coolness factor trumps all.

dynamic

If can agree on the price.
I would buy most anything at a price, if only to flip; the seller would probably not agree with my price the majority of the time.

Coins that often are called "market acceptable" are coins that I shall call non-universal, everyone does not agree on them 100% (nor disagree 0%).
When someone uses the term "market acceptable" does it even mean most, about half or less of the market?
Too often for my tastes the coins are fully priced when they are border line.

Each coin is unique, I try to buy the coin based on its merits not what TPG/holder or someone says its "market acceptable".
The term "market acceptable" does raise my caution level, but I would evaluate fairly once seeing the coin (I would never blindly accept someone this, unless from one I fully trusted).
We each have our preferences and must fit them into the market as a whole.

Coins with issues are not a problem for me as the coins are finite and what's available is just that, one sometimes must make concessions when supply is very small or go without.

Edit: "someone this" to "this from someone"

jdimmick

Not anymore,,



if not all there then I Just as soon not own it. Very hard to get rid of marginal medicore stuff currently


Never had a problem even today selling stuff that's all there

johnny9434

sometimes.

CoinJunkie

In a word, no.

VanHalen

I am often times amazed at what it considered market acceptable regarding cleaning on mid to late 19th century U.S. silver coinage. Some circulated examples are net graded 5 or 10 points, MS pieces a point or two but man oh man - it's sometimes sad to see certain pieces in problem-free holders.