Prominent sellers of expensive coins in Genuine Altered holders

mercurydimeguy

Do you think they..

a) bought them like that looking to make a buck/two
b) bought them like that looking to get them into straight-grade holders
c) bought raw/cracked and made a mistake
d) altered the coin (for whatever reason) and it was caught?

Other possibilities? .. but which one you think is a more likely reason for "Prominent" sellers of expensive coins to sell >$2k coins in Altered holders (for example).

AUandAG

All of the above.....depends on the seller.
bob

Sonorandesertrat

There are some coins that rarely are found 'nice' and unmolested---especially many types of colonials and 18th-century early coppers (in some years). Other coins are sufficiently rare (e.g., 1870-S Seated dollars) that anything, even a repaired coin, will do if a series collector is determined to complete a set. Coins like these do have a place in collections. Relatively common coins that have been altered have much less respectability IMO.

'Prominent' dealers who occasionally sell Genuine/Altered coins to collectors do so because they look to make a profit, more so than because of other reasons listed.

KellenCoin

Varies by seller.