Author Topic: Are Too Many Pandas Being Graded?  (Read 21038 times)

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Offline KeyDate1/2ozPandas

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Re: Are Too Many Pandas Being Graded?
« Reply #75 on: December 17, 2017, 11:41:28 PM »
The decision to grade a coin is simple, if the incremental value of the coin increase by a multiple of the grading cost then one should grade the coins.  Demand is what determines if and when coins should be graded. 

For example, 1995 1/2 omp, ms68, ms69 all sell for the same price, in this case I no longer grade this coin.  While 1990 1oz proof in omp or ms68 is worth $100 over melt, while PF69 is worth $400 over melt, in this case $15 grading fee is worth it, you are getting 20 to 1 for simply waiting 1 month for NGC to process your lottery ticket. 

There is another approach to consider, how to preserve your coins for the future.  My ordering is NGC slab the best option, followed by non-pvc flip, followed by tight capsule, followed by OMP and finally the worst option PCGS slab.  If you plan to hold a coin for just a few months or a year, this consideration is less important, but if you plan to hold 10-30 years, this will be can important consideration.

Offline KeepOnTrying!

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Re: Are Too Many Pandas Being Graded?
« Reply #76 on: December 18, 2017, 12:20:07 AM »
For a long time Europe did not seem to mind buying and selling in OMP, in which case it was fine for you to keep in OMP. I can see more are getting their coins graded now but they may still be in the minority just like in China.

The scenario described by KD1/2P is the complexity that obtains for many collectors in America. We like to know what we are buying!

I buy mainly graded coins now. I have, however, bought OMPs rarely but from KNOWN sellers, people who have with 100% accuracy sold me OMP coin grades I wanted (69’s). GoldenLord even exceeded his remit once by selling me a 1995 OMP that graded MS70!!!!

If in the community everyone sells as OMP then that is probably alright but when the incidence of grading increases in the community, you should consider only buying OMPs from known reliable sellers. If possible state your expectations up front!
KeepOnTrying and Never Give Up!
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Offline wg

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Re: Are Too Many Pandas Being Graded?
« Reply #77 on: December 18, 2017, 02:21:20 AM »


Offline KeyDate1/2ozPandas

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Re: Are Too Many Pandas Being Graded?
« Reply #79 on: December 18, 2017, 10:42:45 PM »
Look this fine PR70 PCGS slab, white spots already forming.   Of course if you are the type to buy the slab and don't care about the coin this 1 of 1000 coin should be an integral part of your collection. 

Offline wg

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Re: Are Too Many Pandas Being Graded?
« Reply #80 on: December 22, 2017, 06:06:43 AM »
arif

sino - france d.

1/4 oz au ... 3k
1 oz ag ... 10k

 pf 70

white spots free :001_rolleyes:

less 90 euro