Online Coin Auctions
Michael Bugeja, a coin collector since childhood, is a professor at Iowa State University and also a former member of the Citizens Coinage Advisory Committee. He is a nationally known author, journalist and educator.Visit one of our other blogs:
Inequalities of lesser-known slabs
This author's advice: Do not bid based on grades unless coins are holdered by a top tier firm with a good market reputation, such as PCGS, NGC, ANACS or ICG. For example, the 1882-S "MS-68 DMPL" Morgan dollar coin privately slabbed in the photo at left above is no gem of a coin. It is cleaned, stained, finger-printed and maybe About Uncirculated 58, but no deep mirror. In other words, it is basically silver melt.