I'm hoping I'll see a few of the earlier NIFC dates in the box of halves I ordered this week... are the 2002 - 2011 ones showing up with the same frequency as the 2014's?
Dealers buy the bags and rolls and pull out the best ones to either submit to PCGS or other grading companies. They will sell the next best as raw coins for a small profit usually in a P & D set them dump the lower grades at face value. You do this long enough you will get boxes that can have 30 or 40 NIFC in them.
Maine_Jim
Because a highly graded coin carries a higher premium than a regular coin from circulation.
I don't trust those grading services anymore. I submitted a 1865 two cent piece with sharper detail and clean surfaces than any I had seen online graded MS-63 to MS-65. They sent it back to me "Genuine - Questionable color; uncirculated details". Toned maybe, and I've seen some similar toned pieces with out questionable color noted by PCGS. But it wasn't cleaned and even if they did question it, they could have offered an MS equivalent at least to help with future value. I felt shafted.
I won't even buy slabbed coins usually, I think the whole thing is a racket, and they have 'preferred customers' who get generous grading.
gee, are those scratched up already or is it just a bad photo? You would think a 2014 this early in the year would look near flawless.
gee, are those scratched up already or is it just a bad photo? You would think a 2014 this early in the year would look near flawless.