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raw coins
lonn47
Posts: 236 ✭✭✭
would you buy a raw coin or graded coin.
0
lonn47
Posts: 236 ✭✭✭
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What I would do and what you should do may not be the same.
When I buy something that costs $1.99 and I hand over a $5 I expect $3.01 in raw change. Not too many cashiers carry graded coins.
raw meaning not been graded but well kept.
A good place for newer collectors to start is with a book on grading and stay with graded coins. You can compare your graded coin to the book to help you learn. You need to learn to spot cleaning & other problems before spending on raw coins as a general rule. If you are buying a $5 Buffalo nickel to fill a hole in your book just find one that looks good, it's not a big deal.
I would buy a raw coin and I would buy a graded coin. Both options are in my wheelhouse. However, when I buy raw, the value of the coin is not very much. A quality coin that is wholesome and original is either graded, or not worth enough to merit grading. The coins that are not worth enough to be graded, those are the coins I will buy raw.
Tyler
yes that right two minds are never the same thats why i asked. thanks
Yes.
Worry is the interest you pay on a debt you may not owe.
"Paper money eventually returns to its intrinsic value---zero."----Voltaire
"Everything you say should be true, but not everything true should be said."----Voltaire
It really depends on WHAT you are buying.
If you are new and buying a 1916-D dime or S-VDB cent, buy it authenticated/graded because the number of fake coins outnumbers the number of real ones.
If you are buying a $1000 coin and you are new, buy it graded to avoid overlooking hairlines or an old-cleaning or other problem.
If you are buying a $10 coin, it really makes no difference whether it is raw or slabbed.
The shortest possible answer: it depends on how much you trust your eyes. The coin doesn't change when it is encased in plastic. The market perception may change, but you can always get it entombed. An AU Barber dime is an AU Barber dime...as long as you trust your eyes to recognize an AU Barber dime when you see one.
All comments reflect the opinion of the author, even when irrefutably accurate.
Yes, I would....I buy coins that I like...Cheers, RickO
Typically coins with a dollar value over $200 will be graded and coins under $200 will be raw.
thanks slider23
That's reasonable, however... you can often buy nicer slabbed coins on HA or GC for less than equivalent (or even lesser) raw coins go for on eBay.
Edited to add: And I do mean within the under $200 price range.
Smitten with DBLCs.