Are graded coins a good investment?

in hive-136819 •  4 years ago  (edited)

Let’s hear your opinions.
I have purchased a good amount of graded coins over the last year and trying to decide whether or not it’s a good investment.
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  ·  4 years ago (edited)

The Local Coin Shop, in my area, will NOT buy an ungraded, high dollar coin, such as a 1909 S VDB cent, 1916 D Mercury dime, etc... Apparently, it is now, too easy to alter or counterfeit rare dates. He was also selling an NGC Graded, MS69, One ounce American Platinum Eagle and a nice, ungraded, same date, BU, in a flip, for exactly the same, fair price. Spot price + premium + 10%. He will not pay extra for the Grading Service, even though someone may have paid up to $50(USD), or more than some coins' value. Grading Services are to take the guess-work out of coin grading, as prices can skyrocket over the slightest grade improvement, of a rare coin. And two different coin experts can easily disagree on a grade. Nice collection, @isayah777.

Good information. Thank you so much.

You betcha they are, @isayah777!