by Mike Thorne
At the end of my last column, I introduced an issue that could be summarized in the following question: If I purchase only coins certified by the major certification services, why would I need to learn how to grade coins for myself? If the grades assigned by the services are both valid (what they’re supposed to be) and reliable (the same coins receive the same grades time after time), why can’t I just depend on the certification services to get it right?
For one thing, there are many coins that will never be sent to a certification service. Given how much it costs to have a coin certified, it’s not cost effective to certify anything worth less than $100 or so. If you’re relatively new to collecting, the under $100 figure probably accounts for almost everything in your collection
Continue reading on Numismatic News