Coin Collecting/Buying

[CigarGuy88]

Originally Posted by Buckeye Jack

Maybe for some. I personally just wanted to buy him a coin every year since birth that wasn't a regular coin. Seems to me just the fact that they aren't used monetarily is neat in of itself. The fact that they are uncirculated means they should be in damn near perfect condition. No need for the polished double stamp in my opinion. Others I'm sure disagree.

As any numismatist knows... damn near perfect and perfect are two completely different things and can mean the difference in 10's of thousands of dollars in value (in extreme cases). There's a reason why dealers charge a premium for the best of the best MS69-MS70 and PF69-PF70 graded coins. Uncirculated coins require a grade of MS60 or higher, so thats 10 grades between the lowest uncirculated grading and "prefect".The only reason in my mind to pay a premium is if the coin in graded to be perfect.