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"Your coins need to be in the right holder" to maximize ROI.
keets
Posts: 25,351 ✭✭✭✭✭
Two questions:
1.) What does the above statement mean to you?
2.) What is the right holder?
Al H.
4
Two questions:
1.) What does the above statement mean to you?
2.) What is the right holder?
Al H.
Comments
$$$$$$ Return On Investment
Does ROI mean rate of return? Also, when you state holder do you mean slab? Those are my two questions (keeping with the theme of this thread).
roi baby roi
Yes, absolutely the right holder will certainly maximize return on investment.
The "right" holder depends on the coin tho.
This has become a plastic market. If your coins are in the wrong plastic, even if they are nice, they will be discounted because it will cost the buyer money to have them reslabbed in the "right" holder.
The "right" holder means the top two slab brands.
PCGS
So PCGS is the right plastic. What is the wrong plastic? All others, or just some of em?
Nice to see Keets asking intelligent questions again.
Even the "right" ...plastic.... then needs a celluloid patch to mean anything.
Rotten situation. I really really really really HATE celluloid.
Successful transactions with : MICHAELDIXON, Manorcourtman, Bochiman, bolivarshagnasty, AUandAG, onlyroosies, chumley, Weiss, jdimmick, BAJJERFAN, gene1978, TJM965, Smittys, GRANDAM, JTHawaii, mainejoe, softparade, derryb
Bad transactions with : nobody to date
Y'know what just occurred to me.
How I regard those who consider anyone not baptized to be headed for hell.
Close analogy I fear.
Wassamatta with Leuchtturm? Or similar in a pinch. Peace Roy
BST: endeavor1967, synchr, kliao, Outhaul, Donttellthewife, U1Chicago, ajaan, mCarney1173, SurfinHi, MWallace, Sandman70gt, mustanggt, Pittstate03, Lazybones, Walkerguy21D, coinandcurrency242 , thebigeng, Collectorcoins, JimTyler, USMarine6, Elkevvo, Coll3ctor, Yorkshireman, CUKevin, ranshdow, CoinHunter4, bennybravo, Centsearcher, braddick, Windycity, ZoidMeister, mirabela, JJM, RichURich, Bullsitter, jmski52, LukeMarshall
Free yourself and collect only major error coins, no celluloid involved
As the "HighLander" would say,,,,,,,
"There can be only one"
And we all know who the "ONE" is.
I hope we didn't lose Keets again.
I interpret it as buying a coin in a PCI holder that you feel is graded accurately at a discount. To get your best Return On Investment, it would need to be crossed over to either a PCGS or NGC holder. A lot of people believe that the "best holder" is PCGS, but I think the top 2 qualify for me.
Another example would be finding an unattributed variety already in a graded holder. To get your best Return On Investment, it would need to be sent in for attribution.
This is a hard one. Since, I have no plans in selling during my lifetime then my expectation of a return is zero.
So taking this further, that means the type of holder would be of no consequence.
Hmm...
Oh well, I collect what I like.
Return on WHAT?
One cannot be sure which is the right plastic a decade or two from now.
Could be someone that is not yet in the plastic business.
I'm sure there are many here that will disagree but just look at the next show or on line at the bigger dealers. "As a rule" (sure there are exceptions) but all else being equal, PCGS graded coins bring/cost more money. Get a green or gold bean on it and it will bring/cost even more.
That is very true.
PCGS Slab will be just fine decades from now for sure.
They don't make the little white slabs from ANACS anymore, but those are highly sought after today...
The "Right" coin doesn't need a holder......Au baby! Get some now.
The whole worlds off its rocker, buy Gold™.
1.) The statement does not mean very much to me as I don't care what my coins are worth now or in the future. I admit, I am selfish when it comes to my coins and I have them for my pleasure and my pleasure only. I get my ROI every time I pull my coins out to look at them (pretty much daily). The endless enjoyment I get from my coins is my ROI. To me that's priceless.
2.) PCGS for me as I believe they grade the best looking US coins, in general. World coins NGC has some great pieces. If I weren't OCD I would have coins in different holders. I have one in an NGC holder just to test my OCD and I've decided it WILL get crossed over to PCGS or it WILL be replaced.
Donato
Donato's Complete US Type Set ---- Donato's Dansco 7070 Modified Type Set ---- Donato's Basic U.S. Coin Design Set
Successful transactions: Shrub68 (Jim), MWallace (Mike)
Now that's an interesting statement. What if JA got back in the slabbing business "again".
I used to think that. I now know different.
I agree that's interesting, but the grading companies currently have their pockets lined and are lining the pockets of too many 'important' people/dealers. It's one of those things we all know happens but don't really talk about. --Deem it taboo?-- For that reason among others, I don't believe they'll go out of business in the foreseeable future.
If you buy the coin and not the holder and it's already accurately graded in its present holder why should it be discounted?
MY COINS FOR SALE AT https://www.pcgs.com/setregistry/collectors-showcase/other/bajjerfans-coins-sale/3876
Thanks!
It's nice to see a tongue in cheek thread turn into a real educational moment.
This thread is so amusing. Unless someone comes up with an extremely novel idea backed by investors and loved by most big dealers and auction houses there will be no "new" plastic. In the future therewill only be three major TPGS.
I hope to see coins sealed in a Cointain type of plastic with micro engraving on its edge (ID# & grade/var so we can eliminate the date and denomination) that fits into a Whitman Album! Then we can hold our coins again and see the edge.
As to the question. Virtually all the time, the exact same coin in a PCGS slab will be worth more than in an NGC slab, than in a ICG slab than in an ANACS slab. OLD BORING NEWS! Add a CAC sticker and PCGS will still be the winner in most cases. There are still "bargains" in the market if you know how to grade.
Well it may or may not. When talking about future return on investment, acquisition cost is critical. One would be paying a substantial premium today for a PCGS holder and a green bean than for example an NGC holdered coin with no bean.
Assuming that the coin is similar in quality (remember buy the coin, not the holder.) The better return might well be the NGC coin.
Always easy to make predictions looking in the rearview mirror. More difficult when looking forward.
Accugrade, obviously.
Dave
Because some dealers can't grade and they discount the off brand plastic assuming the coin is overgraded. Hence, it's in the wrong plastic.
You need to sell your coin at the top price to have the best ROI. Just because you make money on paper when you buy the coin cheaper, you may not overcome the "holder acceptability" at the sale. That goes for ANACS, SEGS, and ICG slabs especially. Best to sell when you can say "NO DEAL" GTH! Or cross the coins first. Additionally, unless you are very lucky, very rich, or very knowledgeable, any talk about ROI is nonsense. LOL Forget the investment. If you start young and do everything "right" it will take care of itself.
If the holder matters that much, you are not collecting coins, you are playing an investing game, or chasing the smoke and mirror (and sticker) dream.
If the return on your investment is at the front, you need the right plastic, the right sticker, and right audience when it comes time to feed the pig.
...and K-Mart and Sears were the kings of retailing in 1978.
I would think one could be viable with $20,000,000 in startup capital. Maybe less. A fortune to most of us but manageable to some of the heavy hitters in the business.
Hell, Ebay, advised buy some of their favored large vendors, could launch a label to provide grading continuity.
I am not making that prediction, but to believe that we are frozen at PCGS, NGC and CAC is narrow.
Agree, ROI should not be in the equation.
Agree, you may not overcome the holder acceptability of the less in favor plastic...but of course you may and exceed the performance of the current market leader. No one really knows that.
If you start young and do everything right...you should not be on this forum as no one here to date has.
I'm going to say that little slip of paper inside the holder is actually more important than the holder.
Early American Copper, Bust and Seated.
I'm far from any of the above and I can honestly say the ROI on my Morgan and Peace sets are anything but nonsense. Catastrophic my better half would quickly point out........lol. Could be worse I guess, could have used those funds for the latest iPhones or big screen extra ultimate better than 2 weeks ago TVs. Thank god I was still adding PMs, they continue to be on sale. Stack on! lol
The whole worlds off its rocker, buy Gold™.
Return on Investment and maximizing the plastic/CAC game. IMO this means the highest grade possible (PCGS) and hopefully CAC. The game will be different 10 years from now, but today this is the way to maximize each coin.
I was going include in my comment a statement to the effect that the person suggesting the discount probably can't grade or has been brainwashed to believe that a coin in any holder other than PCGS has been overgraded by at least a point.
MY COINS FOR SALE AT https://www.pcgs.com/setregistry/collectors-showcase/other/bajjerfans-coins-sale/3876
Darn you beat me to it as that was the first response that I thought of when seeing this.
More likely a service will be bought out and the new owners will completely ruin the brand. Happens time and time again.
This is how the coin game is played. It is a great way to get the price down. Badmouthing of what is being offered is an art form in the coin business.
Often, the best way to maximize ROI is to get the coin in the wrong holder.
Doggedly collecting coins of the Central American Republic.
Visit the Society of US Pattern Collectors at USPatterns.com.
When you are buying it is in the right holder, when selling it is in the wrong holder.
Buy coins in lesser known but trusted TPGs slabs and have them crossed into a PCGS slab and follow up with a CAC sticker.
"A dog breaks your heart only one time and that is when they pass on". Unknown
FIFY
MY COINS FOR SALE AT https://www.pcgs.com/setregistry/collectors-showcase/other/bajjerfans-coins-sale/3876
25 years from now JA may be gone.
Who will pay to keep his verification website up and running?
I could start my own RB (real bean) database now with pictures of verified coins and charge a fee when it happens.
The new sticker will have a picture of Jack & his cow before he traded it.
I'll take a PCGS holder with a + over a bean.
My Saint Set