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The Chip Board Archive 04

Re: I agree with everything you say, Jim ...

... condition is a very small factor in the value of a chip. What makes a Bugsy $100 worth $8500 or $12,500? Certainly not condition. I've got lots of dead mint chips I'd be happy to sell at a tenth of those prices <g>. No, rarity combined with demand are the primary factors defining the value of high end chips. In coin collecting, rarity is much more of a science. What does a grading service do to guarantee the rarity of a chip? Zip zitch nadda! The collector is only "getting what he is paying for" if the rarity holds. When 6 boxes show up, it doesn't much matter what grade that $2000 chip has. It just took a dive.

If Mark actually wanted a Bugsy $100, was willing to pay $12,500 for one in the right condition, but wouldn't buy one for $8500 in almost uncirculated condition, well, that holds no water at all. If that chip is rare enough to warrant those prices, he obviously passed up what was probably his only chance to ever own one in any condition.

Nope, sorry, there's something else going on here, and it damn sure ain't "providing a service to the collector." It's more like, "bend over, collector, here comes my service!"

Messages In This Thread

Slabbing Chips - reasons why
Re: Slabbing Chips - reasons why
Grading terminology
Re: Grading terminology
I have first coppy.Grade NU never used
Re: Slabbing Chips - reasons why
Always interesting to hear the other side.
Re: Slabbing Chips - reasons why
Re: Slabbing Chips - Mark
Cal-Neva slabbed?
Re: Cal-Neva slabbed?
Re: Slabbing Chips - reasons why
Re: Slabbing Chips - reasons why
Re: Slabbing Chips - Rich
Re: Slabbing Chips - Rich
Re: Slabbing Chips - Rich
Re: Slabbing Chips - Gene
Re: Slabbing Chips - Gene
Re: Slabbing Chips - Reasons Why NOT !!!
Re: Slabbing Chips - Reasons Why NOT !!!
A bit off topic but, ..
Slabbing chips -- Questions about ...
Peter! Where did your post go? (EOM)
Re:It went to be edited. Its back now? (EOM)
Re: Slabbing chips -- Episale's Ban
Re: Slabbing chips -- Episale's Ban
Re: I agree with everything you say, Jim ...
Re: I Wonder If....
Re: I agree with everything you say, Jim ...
Re: I agree with everything you say, Jim ...
Re: I agree with everything you say, Jim ...
Re: I agree with everything you say, Jim ...
Re: I agree with everything you say, Jim ...
Re: "knee jerk reaction".
Re: I agree with everything you say, Jim ...
Re: I agree with everything you say, Jim ...
Re: I agree with everything you say, Jim ...
Re: I agree with everything you say, Jim ...
Re: I agree with everything you say, Jim ...
Re: I agree with everything you say, Jim ...
Re: I agree with everything you say, Jim ...
Re: I agree with everything you say, Jim ...
Re: I agree with everything you say, Jim ...
You are starting to come around, Peter!
Re: You are starting to come around, Peter!
My last word ...................
Re: I never said, ...

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