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bustchaser

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Posts posted by bustchaser

  1. Did you inform the seller of that?

     

     

    No, didn't bother. After 7 years there was no telling how many hands it had passed though. For the 140 bucks I paid for it just wasn't worth the hassle.

     

    Of course, technically speaking, it wouldn't have been mine to claim anyway, but the insurance companies.

     

    Jim

  2. Recently, pawn shops, hoping to run into familiar pieces.

     

    Hope you do find some of your collection again. When mine disappeared several years ago I did the same thing...hit the local pawn and coin shops. No luck though. :ninja:

     

    On the other hand, I DID find and buy back a familiar coin on Ebay last fall, still in the same 2X2 with my handwriting on it. ;)

    Jim

  3. From his auction...

    "THIS BEAUTY WAS GRADED BY THE GALLERY GRADING COMPANY. THE VALUE WAS TAKEN FROM PCGS."

     

    This is a favorite tactic of self-slabers looking for that certain newbie. The fact that PCGS states that its price guide is only for properly graded (i.e. PCGS slabbed) coins never is disclosed.

     

    Of course, the PCGS price guide is mostly fantasy too, but that is a totally different story.

  4. The grading is pretty tough. But you get a much better feel for what the coin will look like when you open the envelope. I've been told that it translates pretty nicely pricewise and that people who know what they're looking for recognize that EAC grading means that these standards have been applied and pay accordingly.

     

    I looked at the prices realized list from the EAC 2005 Auction. WOW! When you get folks talkling about things like "I just bought my first 5 figure cent.", they mean business.

     

    :ninja:

     

    So far lots of fun. ;)

     

     

    EAC'ers aren't that tough. They, (along with many other old fogeys such as myself) seem to think that the grade is what it is and has nothing to do with the coin's alleged worth. For example, if a coin grades F-12 it should be called F-12, not VF-20--even if it is worth VF money.

     

    PCGS (and the other TPC's) no longer grade coins--they price them. This is why that EAC F-12 in the example above would probably slab as VF-20 to 25 but cost about the same.

     

    Jim

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