Better to buy old third party graded than newer?

Comments

• NgokLi Posts: 156

  June 21, 2005 2:16PM

  Buy the Coin that catch your eye. Not the holder.

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• michael Posts: 9,524 ✭✭✭

  June 21, 2005 2:24PM

  buy the coin not the holder

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• PCBUM Posts: 228

  June 21, 2005 2:27PM

  Buy the coin, all third party services are inconsistent with their grading.....

  PCBUM
  
  

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• morgannut2 Posts: 4,293 ✭

  June 21, 2005 2:33PM

  It's rare for an older holder to have a coin that hasn't been really looked at for crackout, although they slip through once in awhile if they're not worth much more upgraded. It's just as likely the coin has a problem if a dealer leaves it in an old holder.

  morgannut2

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• Myqqy Posts: 9,777 ✭

  June 21, 2005 3:14PM

  Like others said, assume nothing and evaluate each coin on its own merits........

  My style is impetuous, my defense is impregnable !

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• Bender Posts: 35

  June 21, 2005 5:18PM

  So, morgannut, you would say that an older slabbed coin probably is
  not near being high end?
  
  And that the better ones(high end for their grade) get brocken out and resubmitted?
  
  In that case newer ones would have an advantage.
  

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• PerryHall Posts: 46,859 ✭✭✭✭✭

  June 21, 2005 5:24PM

  Some copper collectors like to buy red coins in old holders on the theory that they are stable and if they were going to "turn" they would have already done so.

  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

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• NgokLi Posts: 156

  June 21, 2005 6:16PM

  
  
  << <i>So, morgannut, you would say that an older slabbed coin probably is
  not near being high end?
  
  And that the better ones(high end for their grade) get brocken out and resubmitted?
  
  In that case newer ones would have an advantage. >>
  
  
  
  In the old day, PCGS rarely hand out grade above MS66. If you find a coin with good eye apealing in the 66 Older holder the chance are very good that will get upgrade. The problems is it not easy to find one. What is left in the older holder is unattractive coin.
  
  

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