Do you PURCHASE... "Genuine" .. for your collection?

topstuf · November 18, 2009 2:44AM

I can't believe that the search feature finds nothing under "genuine" in Titles.

So, I'll start a thread on the question.

Will you buy a ...Genuine.... for your collection or stick only to an actual graded specimen?

Personally, I'd pass unless I thought there was a "chance."

Billet7 · November 18, 2009 2:49AM

All my coins are genuine.

If you refer to the Gennie holders...I have had a few, that I sold. The only way I go Gennie, is if the coin is super-rare, and I got a killer deal on it.

dsessom · November 18, 2009 2:54AM

Nah, a Gennie holder says to me "This one's F'ed up, keep looking..."
And I can't afford extreme rarities, so there is ALWAYS a better example to be found.

pmac · November 18, 2009 3:00AM

I guess with the theme of this thread, what do you say to coins collected in the era that it was exceptable to clean coins? Many CBs in all denominations have been cleaned - are they to be rejected?
To answer the original question, yes.

OKbustchaser · November 18, 2009 3:01AM

I haven't bought one yet because I haven't found one I wanted. If I like the coin though...sure. I have several coins in my collection that would probably garner Genuine lables if submitted.

yellowkid · November 18, 2009 3:02AM

So far, no.

soty27 · November 18, 2009 3:05AM

Nope, there are several examples of rare coins in a variety of grades so there is no reason to go with a gennie.

Type2 · November 18, 2009 3:41AM

No, I will not buy a Clened or Damage coin or so on. But that is just me.

BECOKA · November 18, 2009 3:46AM

Yes, absolutely. There are some outstanding beautiful bargains to be had in that area. Would you rather have a Good problem free example or an AU example with a small rim ding for the same price?

There are some rare varieties that I would take cleaned, holed, run over by a train, dragged down the street, polished etc.... I'd put this into a genuine holder and have no issues keeping it.

grip · November 18, 2009 4:30AM

Only one.An 1795 FH Half Small eagle R5.cleaned.I put it in my shoe box with
all the smelly shoe polish rags and brushes.I will check it in a year

Al

MikeInFL · November 18, 2009 4:38AM

I purchased an ANACS "details" graded large cent without hesitation:

I do not own any PCGS "Genuine" coins.

illini420 · November 18, 2009 4:39AM

I've bought a few for my 1908-S IHC grading set to help teach myself (and maybe others) what to look for .

terribleredmonster · November 18, 2009 4:40AM

I routinely consider PCGS "Genuine" holdered coins, old ANACS small slab net graded coins and will surely consider NGC details graded coins when I run across them for inclusion in my type set. It's important to note that my type set is housed in a humble Dansco 7070, so any slabbed coin I buy for it gets cracked out anyway. Basically, if the coin will look good in an album according to my standards I don't really care what the slab says. From that way of thinking "Genuine" slabs can be a good deal.

doh · November 18, 2009 4:43AM

No.

eggbone · November 18, 2009 4:58AM

I have a few, but only for historic or esthetic reasons.

notwilight · November 18, 2009 5:02AM

<< <i>I purchased an ANACS "details" graded large cent without hesitation:

I do not own any PCGS "Genuine" coins. >>

Us copper collectors are fine with genuine for some coins. Husak had a few genuine coins in his auciton. I have some very nice NCS and ANACS details graded large cents.

But I would appreciate it if the rest of you guys keep passing.

--Jerry

silverpop · November 18, 2009 5:14AM

all of my coins are Genuine

ocon4008 · November 18, 2009 5:37AM

I buy them raw and get them into genuine holders all by myself. I have no need to buy them already holdered.

LindeDad · November 18, 2009 5:43AM

Buy then NO.
But I made one that confirmed my doubts on the grading skill of a not to be named grading firm that likes to sue people.

speety · November 18, 2009 5:43AM

I purchased my first "Genuine" coin a few days back. Usually I try to stay away from them though.

crypto79 · November 18, 2009 5:44AM

Yes, but I do offten look to upgrade and if you pay a fair price you offten can get you money back. A lot of people who say they would never buy cleaned or damage coins really ment to say they won't buy coins that are "graded" cleaned and damaged but are ok with them if its in a problem free holder.

golfer72 · November 18, 2009 9:45AM

i dont have any but would buy one that said questionable color if the coin is nice. The TPG's dont know what they are doing with grading toned coins anymore so why not ?

tmcsr69 · November 18, 2009 9:48AM

If I like the coin and the price is right-you bet. At least I know upfront what drawbacks the coin might have.

291fifth · November 18, 2009 9:49AM

I wouldn't buy a coin in a "genuine" holder unless the price was extremely low.

amiller · November 18, 2009 10:05AM

I would buy coins in "Genuine" slabs, it just depends on the coin and what the reason is, though I have not bought one yet.

A scarce darkside coin that I inherited from my grandfather (raw) now resides in a Genuine holder (improper cleaning). I was concerned about the authenticity so sent it in, but will keep it where it is for protection.

Lakesammman · November 18, 2009 10:06AM

I added one recently and am very happy with it....hard to share and show when it was raw.

rsdoug81 · November 18, 2009 10:12AM

Yep. Here's my Genuine...

ColonialCoinUnion · November 18, 2009 10:14AM

For extremely rare coins, your options may be a coin in a Genuine holder, or no coin at all.

Rampage · November 18, 2009 10:23AM

It depends on the coin really. If I am trying to simply fill a mid-circ grade album of a series, I might consider a "genuine" coin as long as the look is still appealing. For example, a coin with a really old cleaning that has begun to retone, may not be a bad coin for an album. Similarly, if a coin has a minor, somewhat hidden scratch that does not severely affect the eye appeal, I may buy it. Again, it really depends on the coin.

The coin in the link below would NOT be one I would buy, because the scratch is just way too severe and it affects the eye appeal in a very negative manner. Although, without the scratch, the coin would have sold for at least ten times what it sold for.

http://cgi.ebay.com/ws/eBayISAPI.dll?ViewItem&item=370286249065

.

coinbuf · November 18, 2009 10:36AM

I have not, but would not hesitate if I like the coin and the price its offered at.

BaronVonBaugh · November 18, 2009 10:40AM

Not yet. I don't really plan to, but you never know.

MidLifeCrisis · November 18, 2009 10:46AM

<< <i>I have not, but would not hesitate if I like the coin and the price its offered at. >>

Ditto

pakasmom · November 18, 2009 10:49AM

I would. But, as many others have said, it would depend on the coin.

Lakesammman · November 18, 2009 11:05AM

Here's a "genuine" coin that started the post-NCS NGC genuine service. You wouldn't be proud?

Edited to add the freaken picture.......

ambro51 · November 18, 2009 11:45AM

The only one I have, an 1856 D gold dollar, certainly a RARE coin in every regard, with only about 80 or so surviving. Probably once mounted, there is a very slight evidence of some rim damage but all in all.....Im happy with it. *THOUGH* I did take quite a whacking on these learned forums for the purchase, I dont recall anyone posting an image of their 56D..................

oldwestgold · November 18, 2009 12:02PM

Rim nicks don't bother me, so I'd purchase one in a genuine if the coin was nice in every other regard, and a rare coin to find problem free.

OnlyGoldIsMoney · November 18, 2009 12:03PM

So far I have not purchased, or even considered, any coins in PCGS genuine holders. I would reconsider that stance if I was down to a few otherwise unaffordable "stoppers" for my set.

joebb21 · November 18, 2009 12:43PM

pay spot for a gennie $20 eagle ...

icsoccer · November 18, 2009 1:03PM

Yes, I buy PCGS Genuine coins questionable color -91. I have bought a couple of cleaned -92 coins when I had them in hand and could not detect the cleaning they refered to.
In my opinion questionable color coins I buy, are in no way questionable....my opinion differs from the graders sometimes.

BECOKA · November 18, 2009 1:11PM

Belongs to a friend of mine but from the photos I took of it, most forum members could not guess it was genuine. This is the type of stuff that is desirable to me as it usually comes with a steep discount. Nobody in the thread guessed it was questionable color.

mozin · November 19, 2009 5:23AM

I don't even look at PCGS "Genuine" coins, much less buy any.

Do you PURCHASE... "Genuine" .. for your collection?

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Do you PURCHASE... &quot;Genuine&quot; .. for your collection?

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Do you PURCHASE... "Genuine" .. for your collection?