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Old August 22nd 05, 07:09 PM
Ian
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LRC-Tom wrote:
I bought a Morgan collection which includes three key dates: 1893-S,
1894-P, and 1895-O. All are decent coins based on details (wear), but
each has problems such as scratches or cleaning. I intend to submit
them to ANACS for authentication, but I haven't decided whether to have
them give a net grade, or just authenticate only.

I'd like people's opinions: would you be inclined to buy a coin which
was certified as authentic only, as long as the picture was clear
enough that you could see the defects and judge for yourself? Or would
you be more inclined to buy a coin that ANACS had net-graded (i.e. VF
details, net Fine, scratched)?

How do you feel, and how do you feel the market as a whole views this
issue?

thanks,

..Tom


FWIW, if I had a gap in my Morgan collection for any of these (and I
do!) then i'd be more concerned primarily as to the authenticity of the
coin than the net grade. After the authenticity was satisfied, i'd be
concerned that I could afford the coin that I saw in front of me (image
wise). After all, I'd personally bid what I thought the coin was worth
(according to what I saw) as opposed to someone else's consideration of it.

Ian
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