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Stop Making Cents
Penny Sorter Member

 53 Posts |
Posted - 04/03/2010 : 18:04:34
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My dad sent off my 2009 palladium maple leaf to get graded. I'm not really into numismatics too much. Just curious if a 69 score is any good of if it's still jsut worth spot price. Seems silly that a 70 is worth a fortune and a 69 is only worth spot.?
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garnede
Penny Collector Member
  

USA
386 Posts |
Posted - 04/03/2010 : 21:22:55
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| Palladium is more of a bullion coin. If you find the right buyer you may get a small premium for a 69, on ebay you might get a large premium. But most palladium coins are never circulated and most will grade at least a 65. so it is hard to pull a premium for anything less than a perfect coin. |
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Ardent Listener
Administrator
    

USA
4841 Posts |
Posted - 04/03/2010 : 21:28:02
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| One advantage of an encased graded bullion coin is that it give an air of authenticity to perspective buyers. But I'm not a big numismatic guy myself. |
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Think positive. |
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Stop Making Cents
Penny Sorter Member


53 Posts |
Posted - 04/03/2010 : 21:31:15
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Thanks for the replies guys.
Personally i think the whole grading system is a scam, but I guess that's how it's done nowadays. I guess they do that with baseball cards now too. |
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JWRAY
Penny Collector Member
  
USA
378 Posts |
Posted - 04/03/2010 : 21:35:59
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| I wouldnt go as far as to call it a scam. For cheap coins its not really worth much. For top end rare coins though, having a certification from one of the major coin graders is a good idea. I would take the actual grade with a grain of salt or as a good estimate, but having "proof" of authenticity on a couple thousand dollar investment is worthwhile. |
MOVING SALE!!! Selling Copper Cents 1.4 shipped - in limited quantities PM me and we'll talk. |
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