So You Are a Coin Collector!

Tell me: Are You Still Collecting Raw Coins?

Take any Coin in Your Collection,The Grade of a Coin Is Everything! Articles and Tell Me What it is Worth.

To do so, you have to make a Decision about the Grade of the Coin.

I will Assume that You are an Expert at Grading a US Coin, so, you have arrived at the correct Grade for the Coin You Selected.

Obviously, the Grade Determines the Value or Worth of the Coin.

And, Once you have the Grade of the Coin, Any source for the Price or Worth of a Coin will Tell You the Value. (e.g.: greysheet, Red Book, Black Book, Coin World, etc.)

Whether you are Getting Ready to Place a Book Value on Your Collection, Getting Ready to Upgrade or Sell one coin from Your Collection, or Getting Ready to Buy or Upgrade a new Addition, the Grade of the Subject Coin is All Important. The Grade is Everything. Nothing Matters More than the Grade of a Collectable Coin.

Now, assume that You are Selling this Coin, and Represent it to be the Grade You Decided Upon. You have Priced the Coin According to a Reliable Price Guide.

What percentage of all Coin Collectors will Accept and Believe the Grade You Assigned, even if They could Examine the Coin In Person?

Probably a small Minority! Why? Because the Grade of a Coin is the Most Important Identity Factor, and determining the Grade is a Difficult Process. This is True, Whether Buying or Selling. If the Grade is not True, or Correct, then Money Will Be Lost – Lost to the Seller if the Grade is too Low; Lost to the Buyer if the Grade is too High.

There is nothing wrong with Buying and Selling Raw Coins. Even if they may come from pocket change or bank rolls. But once you Decide to Make them part of your Collection, they need to be Graded by an Independent Professional Coin Grader.

By admin