Choose eye appeal over numeric grade
by Dean Albanese
Greetings from Albanese Rare Coins, Inc.
After enough time spent and dedicated to having the experience of selling coins and handling rarities in which we have, high "grade" coins are on my mind, not high "end" Some people want the very highest graded coin for certain dates, and that is fine, but my opinion is to take your time and find the specimen that has the most glorious eye appeal for the grade.
Example, a PR69 coin versus a PR65 or PR66 designated "Cameo" or "Ultra Cameo" or a specimen with just breathtaking toning, a patina to appreciate. In the long run I feel it's the latter of the two which will outperform in value, depending on the date. The reason, a PQ PR65 or PR66 is tough to come by, making in most cases leaving you pondering the question "why is this not in a higher graded holder"?
Over the years too many nicely toned coins have been dipped out for the "black and white" look, there is nothing wrong with that because these collectors want the "original" appearance, and there are a lot of amazing "original" looking coins out there. But because of this I feel it has made gorgeously toned specimens even tougher to find which will make the value increase just for that rarity alone.
You should be very discriminating in making your choices when buying coins. There are many salespeople selling coins and to put it bluntly they are just that, sales persons!!! They really don't know a damn about the art of numismatics. With the advent of slabbing it took selling to a new level some good some bad! Just like anything else. When spending your money be sure you're dealing with a company that has knowledgeable coin people working in that business. We have been told by some that we are too fussy, but we wouldn't do it any other way. Always buy the coin and don't be misled by the holder. As all coins aren't created "equal" spend your money wisely. As said in the beginning glorious eye appeal is where it is truly at. In the long run you will be very satisfied in your investment by being a wise buyer. The coin market continues to be very healthy and I see no reason for it to change in the foreseeable future.
Thanks for all your support and we hope you find the coin of your dreams.
Dean M. Albanese, CEO, Albanese Rare Coins, Inc.
Dean's father David Albanese is a Nostomania coins advisor. They can be reached at their outstanding web site.
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