<< <i>My take on "made" just means that someone purchased it raw and they "made" it because they were the first to have it slabbed. >>
Yes this is what I do buy rolls and try to make high grades but I guss you can crack out a holder and call it a Rip. But most call it a crack out but that is just me.
<< <i>The term "made" is a subtle way of gloating that the coin was RIPPED for a price well under the grade OPINION subsequently assigned by a TPGS. >>
<< <i>you were the first to slab it......you made the coin.
stupid terminology, but nevertheless.....common in the industry >>
Actually, I believe that it means that you got the grade that you expected. You bought it raw as a 64 and PCGS gave it a 64. If they had given it a 62 then you wouldn't have made the coin IMO.
<< <i>you were the first to slab it......you made the coin.
stupid terminology, but nevertheless.....common in the industry >>
Actually, I believe that it means that you got the grade that you expected. You bought it raw as a 64 and PCGS gave it a 64. If they had given it a 62 then you wouldn't have made the coin IMO. >>
Actually Tom, then you would have made a 62. It is most often used to discuss top grade coins such as:
"I see there is now a 68 in the pop report, I wonder who made it?"
"I only got 2 66s back out of a submission of 300 sets but xxx told me he made 4 with half the coins, lucky ba$tard."
"I've been submitting for 19 years and I've only made one top pop coin."
<< <i>A raw coin, bought then sent in for grading. I dont think its only for the coins bought as a specific grade, then slabbed at that grade. >>
It doesn't take any great shakes to send a coin in for grading; hell anyone can go to a bank and get a roll of kerters, send em in and say they made the coins. Going to a show, picking out 20 nice raw Morgans and submitting them and getting no bodybaggers and all 65s now that to me is makin the coins. Everytime I have seen the term used it was always in the context of I got the grade I thought I'd get so thats what I define it as. Whether that is right or wrong doesn't mean much in the grand scheme of things.
<< <i>The term "made" is a subtle way of gloating that the coin was RIPPED for a price well under the grade OPINION subsequently assigned by a TPGS. >>
Not quite, the other answers are correct. --Jerry >>
..........GEEZALOO!! everyone knows the reference is to a mint employee!
"government is not reason, it is not eloquence-it is a force! like fire, it is a dangerous servant and a fearful master; never for a moment should it be left to irresponsible action." George Washington
I suppose the fact that some can send in 2 coins without getting a BB is a great accomplishment.
Same thing with CAC I suppose. You take the first 20 Morgans in your set, send em in and get one green bean. Great cuz you made a CACd coin. Doesn't say much about the other 19 or even the rest of your set does it? Now if you carefully pick the 20 nicest coins and get 19 beaned then you can truly be said to have made 19 CACd coins the way I see it.
I think "made" is a shortened version of "homemade" and all the other references to a raw coin being sent in for grading are correct in my belief.
Secondly, I think it also shows the grading ability of the person who "made" the coin since they obviously realized the potential of the coin in question.
Steve
U.S. Air Force Security Forces Retired
In memory of the USAF Security Forces lost: A1C Elizabeth N. Jacobson, 9/28/05; SSgt Brian McElroy, 1/22/06; TSgt Jason Norton, 1/22/06; A1C Lee Chavis, 10/14/06; SSgt John Self, 5/14/07; A1C Jason Nathan, 6/23/07; SSgt Travis Griffin, 4/3/08; 1Lt Joseph Helton, 9/8/09; SrA Nicholas J. Alden, 3/3/2011. God Bless them and all those who have lost loved ones in this war. I will never forget their loss.
Gives credit to, or claims credit by, the person who recognized value in a raw coin and was the first person to be successful in getting it certified. Usually used for higher value coins. Made = discovered and slabbed.
Could the term be used for a certified undergraded coin that upgrades?
Comments
"Everything is on its way to somewhere. Everything." - George Malley, Phenomenon
http://www.americanlegacycoins.com
<< <i>My take on "made" just means that someone purchased it raw and they "made" it because they were the first to have it slabbed. >>
<< <i>My take on "made" just means that someone purchased it raw and they "made" it because they were the first to have it slabbed. >>
Yes this is what I do buy rolls and try to make high grades but I guss you can crack out a holder and call it a Rip. But most call it a crack out but that is just me.
Hoard the keys.
Worry is the interest you pay on a debt you may not owe.
<< <i>My take on "made" just means that someone purchased it raw and they "made" it because they were the first to have it slabbed. >>
That's usually the context I've seen it in.
<< <i>The term "made" is a subtle way of gloating that the coin was RIPPED for a price well under the grade OPINION subsequently assigned by a TPGS. >>
Not quite, the other answers are correct. --Jerry
stupid terminology, but nevertheless.....common in the industry
<< <i>you were the first to slab it......you made the coin.
stupid terminology, but nevertheless.....common in the industry >>
Actually, I believe that it means that you got the grade that you expected. You bought it raw as a 64 and PCGS gave it a 64. If they had given it a 62 then you wouldn't have made the coin IMO.
Worry is the interest you pay on a debt you may not owe.
<< <i>
<< <i>you were the first to slab it......you made the coin.
stupid terminology, but nevertheless.....common in the industry >>
Actually, I believe that it means that you got the grade that you expected. You bought it raw as a 64 and PCGS gave it a 64. If they had given it a 62 then you wouldn't have made the coin IMO. >>
Actually Tom, then you would have made a 62. It is most often used to discuss top grade coins such as:
"I see there is now a 68 in the pop report, I wonder who made it?"
"I only got 2 66s back out of a submission of 300 sets but xxx told me he made 4 with half the coins, lucky ba$tard."
"I've been submitting for 19 years and I've only made one top pop coin."
--Jerry
<< <i>A raw coin, bought then sent in for grading. I dont think its only for the coins bought as a specific grade, then slabbed at that grade. >>
It doesn't take any great shakes to send a coin in for grading; hell anyone can go to a bank and get a roll of kerters, send em in and say they made the coins. Going to a show, picking out 20 nice raw Morgans and submitting them and getting no bodybaggers and all 65s now that to me is makin the coins. Everytime I have seen the term used it was always in the context of I got the grade I thought I'd get so thats what I define it as. Whether that is right or wrong doesn't mean much in the grand scheme of things.
<< <i>
<< <i>The term "made" is a subtle way of gloating that the coin was RIPPED for a price well under the grade OPINION subsequently assigned by a TPGS. >>
Not quite, the other answers are correct. --Jerry >>
President, Racine Numismatic Society 2013-2014; Variety Resource Dimes; See 6/8/12 CDN for my article on Winged Liberty Dimes; Ebay
..........GEEZALOO!! everyone knows the reference is to a mint employee!
Same thing with CAC I suppose. You take the first 20 Morgans in your set, send em in and get one green bean. Great cuz you made a CACd coin. Doesn't say much about the other 19 or even the rest of your set does it? Now if you carefully pick the 20 nicest coins and get 19 beaned then you can truly be said to have made 19 CACd coins the way I see it.
Secondly, I think it also shows the grading ability of the person who "made" the coin since they obviously realized the potential of the coin in question.
Steve
In memory of the USAF Security Forces lost: A1C Elizabeth N. Jacobson, 9/28/05; SSgt Brian McElroy, 1/22/06; TSgt Jason Norton, 1/22/06; A1C Lee Chavis, 10/14/06; SSgt John Self, 5/14/07; A1C Jason Nathan, 6/23/07; SSgt Travis Griffin, 4/3/08; 1Lt Joseph Helton, 9/8/09; SrA Nicholas J. Alden, 3/3/2011. God Bless them and all those who have lost loved ones in this war. I will never forget their loss.
https://smallcopperguy.com
<< <i>I have seen "I do not buy slabs, I make them!!!" stated here by many as far back as 2004. You figure it out. >>
I think they are primarily talking about modern coins.
Worry is the interest you pay on a debt you may not owe.
Could the term be used for a certified undergraded coin that upgrades?
Camelot
Camelot
"Everything is on its way to somewhere. Everything." - George Malley, Phenomenon
http://www.americanlegacycoins.com