Will "problem" coins become more and more acceptable as nice coins become more scarce?
dan1ecu
Posts: 1,573
Do you think there will come time when scratches, cleaning, artificial toning, and even tooling will be less of an issue? I mean, if the supply of problem-free, nice coins dries up, there might be less of a stigma attached to "problem" or net-graded pieces.
What do you think? Are today's "problem" coins tomorrow's acceptable coins?
Dan
What do you think? Are today's "problem" coins tomorrow's acceptable coins?
Dan
0
Comments
I think the slightly bent coins and the coins with edge and even rim dings will be the first to become market acceptable.
If you want a good example from another hobby, look at stamp collecting. When the collector population started declining "mint NEVER HINGED" became the standard for acceptability. The millions & millions of hinged stamps fell from grace and have never recovered.
The rarer the item, the more acceptable a "problem" coin will become.
Price is the final determinant. All coins have value.
"Problem" and "Nice" are adjectives.
Just because a coin is not in a TPG holder should not prevent you from adding a coin to your collection.
The most important aspect of a coin to a collector, IMHO, is whether the collector likes the coin.
Add to your collections continually.
The more common a coin is , the greater the possibility of obtaining a near perfect specimen becomes.
I firmly believe in numismatics as the world's greatest hobby, but recognize that this is a luxury and without collectors, we can all spend/melt our collections/inventories.
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FrederickCoinClub
Less of an issue for whom?
IMO they are already not an issue, just look at thousands of eBay auctions every week. They just tend to bring less money.
I have no problem buying coins with "problems" that meet my (lower) standards, I just won't pay top dollar for them.
Joe.