Is anyone as crazy as me and sent in some Jackson Liberty coins for grading?
claychaser
Posts: 4,406 ✭✭✭✭
I rolled the dice last week. After my wife took the John Maben deal for the 10 proof coins at $150 over cost (less shipping, so its a little over $100 profit), I thought that there might be something to this issue. So, my 11 year old YN (TrainNut) and I went through another 10 proof and 20 uncirculated coins that were purchased for our own use outside of the JMRC deal. I gave TrainNut a double blind regrade test, and still not fully agreeing on the final grades, I submitted in 2 proof and 3 uncirculated to pcgs at Long Beach. At $42 each ($30 regular service + $12 first strike), its a lot of money to bet on actually getting 70's and there being a resale market for them.
TrainNut thinks that only 1 proof and 2 unciruclated coins have a shot, and that the other 2 coins are a waste of money. I offerred him a deal of either a flat payment of $100 to grade them, or $50 per coin that hits 70, but deduct $50 for every one that does not. He took the flat deal after he saw the submission.
Anybody else playing this game, and if so, can you share your perspective on it?
TrainNut thinks that only 1 proof and 2 unciruclated coins have a shot, and that the other 2 coins are a waste of money. I offerred him a deal of either a flat payment of $100 to grade them, or $50 per coin that hits 70, but deduct $50 for every one that does not. He took the flat deal after he saw the submission.
Anybody else playing this game, and if so, can you share your perspective on it?
==Looking for pre WW2 Commems in PCGS Rattler holders, 1851-O Three Cent Silvers in all grades
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Comments
go for a low ball set- he (TrainNut) seems to be hitting on all cylinders bettern than dad!
I have a 7 yr old kid picking winners in our football pool- he has won twice this season - so far. If he keeps it up- he gets banned......