Prominent sellers of expensive coins in Genuine Altered holders
mercurydimeguy
Posts: 4,625 ✭✭✭✭
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).
0
Comments
All of the above.....depends on the seller.
bob
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.
RMR: 'Wer, wenn ich schriee, hörte mich denn aus der Engel Ordnungen?'
CJ: 'No one!' [Ain't no angels in the coin biz]
Varies by seller.
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