Answers
People that I talk to think that the favorite coin of most collectors is generally the rarest or most expensive coin in their collection. My favorite is neither.
Mine is a gold coin designated DMPL (Deep Mirror Proof-Like) on its PCGS holder. The coin is quite common with literally thousands graded higher. The reason I like it best is because the look of the coin is like nothing I've ever seen on a gold coin. Eye appeal is everything on this coin.
So what is your favorite coin and why is it your favorite?
I used to be a bartender and people would give me coins from all over the world. The one that sticks out the most was a coin celebrating the 750th year anniversary of the city of Berlin. It was very special because the people that gave it to me had been robbed of almost everything they had brought with them on their vacation to the U.S., but the robbers hadn't found this particular coin. They came into the bar I worked in and I befriended them. They gave me the coin which unfortuneately was lost in Hurricane Katrina along with all my other coins. The coin may be gone but my memory of those two people will stay with me forever.
I#39;m forever hearing folks ask, quot;how do I crack a coin out of a PCGS holder?quot;. Well, this is how. I#39;ve done this more times than ...
Seems like there is a lot of money to be made with the right approach. Anyone have luck?
It depends on just how good you are at grading. Now, one always hears of some one breaking open a slab and having it graded a grade higher. However you don't hear of the ones that are graded lower or the same, so one paid twice for the same grade and lost money if lower.Talking to dealers and reading in the weekly coin magazines as well as Coin Dealers Newsletters, there are more in the latter catagory. It pays to know how to grade. I did not luck out, but knew a couple of coins were graded wrong and they came back graded higher. You buy the coin not the holder. Hope this helps.
Someone I know owed me $350.00 and gave me a collector coin as payment. I do not collect coins so I dont know what its worth. Its a 2007 U.S. statue of liberty $50.00 platinum coin in a PCGS holder. The holder says....2007 (1/2 oz Proof) Platinum Eagles - PF70 DCAM PCGS. Does anyone know how many of this coin was graded by PCGS at this 70 grade? and how much can I sell this coin for? THANKS!
One half ounce of platinum currently trades for about $600 on the commodity market. The bullion coin you have is selling on eBay for around $1000 right now. I do not know how many were graded PR70, but I can tell you there were only 7,001 in total minted in 2007. I hope that helped.
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Coin Grading Made Simple
Learning how to properly grade coins is perhaps the biggest challenge new coin collectors face. Understanding the proper grade for a coin is core to establishing its value. Whether your goal is to make more savvy coin purchases, or to appraise your own collection, being able to grade your own coins is a skill that is not optional. Although grading services have certainly filled an important gap in the marketplace since their inception, the fact is that only a small percentage of all collectible coins have been slabbed (graded and put into a holder.) Even the coins which have been slabbed are sometimes misgraded, and experts such as Q. David Bowers will tell you that you shouldn't use the label in the holder to decide what the coin inside grades at, but grade the coin yourself and let the label be your confirmation. According to Bowers, if the grade on the label is too high, don't buy the coin. If the grade on the label is too low, you may have found yourself a nice bargain!
...News
Auction Prices Show Pause in 09 ResultsNumisMaster.com - Dec 29, 2009
Auction Prices Show Pause in #39;09 ResultsIn an article about the Holmes collection sale, Greg Reynolds noted that the 1799 cent now resides in a PCGS holder with a grade of MS-61. and morenbsp;raquo;
Coin Update News - Jan 04, 2010
Labels from PCGS, NGC and other third-party coin grading services might not list an attribution if the company decided against the variety, if the sender
CoinLink - Jan 11, 2010
If the coin was interesting or fresh or nice for the grade, there were ready and willing buyers. *Unlike Long Beach or some other shows, FUN seems to bring
CoinLink - Dec 18, 2009
Brahin#39;s Syrup to be Auctioned at FUN: Select Group of Saint Gaudens $20 Gold The crack-out process involves removing a coin from a holder and re-submitting it in hopes of receiving a higher grade from the PCGS or the NGC.
4 PCGS Blue Coin Holders/Boxes - 20 slab capacity each
PCGS Plastic Storage Box for 20 Slab Coin Holders
NGC AND PCGS 20-COIN HOLDER STORAGE BOXES
TWO PCGS 20--COIN HOLDER STORAGE BOXES
TWO PCGS 20--COIN HOLDER STORAGE BOXES