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Entries tagged: PCGS

Market Blog - Written by Doug Winter on Monday, August 24, 2009 19:23 - 5 Comments

How I Stopped Worrying and Learned to Like the PCGS Genuine Holder

If you’ve followed my blogs in the past few years you know that I’m a Coin Purtist. I tend to be particularly pure when it comes to “no grade” coins. Loosely defined, a “no grade” is a coin with a problem (or problems) that preclude it from getting into a regular PCGS or NGC holder. This can range from harsh cleaning to scratches to rim damage to a hole.   
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Market Blog - Written by Doug Winter on Wednesday, June 24, 2009 13:16 - 4 Comments

How Does DWN Prices Rare Coins?

I’ve been asked a few times recently how I price the coins that appear for sale on my website. No, the answer does not involve dart boards, a small man behind a curtain or invoking the spirits of coin dealers past. I have a system that is partially observational/deductive and partially intuitive that allows me, I think, to price coins in a consistent, coherent fashion. Obviously, my cost basis is a factor in pricing.   
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Market Blog - Written by Doug Winter on Wednesday, June 3, 2009 10:36 - 11 Comments

Why a Motley Coin Collection Just Might Make Sense…

Numismatics is, in many ways, the Land of the Anal Retentive and collectors (and dealers) sometimes make decisions that are based more on personal obsessiveness that on sound business principles. Let me illustrate what I mean. Yesterday, I was talking to a good client about a coin that I sent him on approval.   
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Market Blog - Written by Doug Winter on Tuesday, May 19, 2009 9:03 - 4 Comments

PCGS Hires a New Grader and Some Thoughts on Third-Party Grading

I’ve used this forum in the past as a venue to criticize the grading services. So, it’s only fair to give credit where credit is due and congratulate PCGS on their new hire as a grader, Charlie Browne. I’ve known Charlie for the better part of two decades. He was last employed by Certified Asset Management, a wholesale firm and market maker of high-end US coins.   
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Market Blog - Written by Doug Winter on Monday, May 4, 2009 11:09 - 3 Comments

How To “Brand” Your Coin Collection

You’re a serious coin collector. You’ve done all the “right” things. You’ve learned how to grade. You’ve become a knowledgeable specialist. You’ve worked exclusively with one or two exceptional dealers. Your collection is well on the way to being complete but you aren’t ready to sell it. What can you do in the interim to add value to it?   
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Market Blog - Written by Doug Winter on Monday, November 17, 2008 12:56 - 3 Comments

The New PCGS “Genuine” Holder and my Feelings on Damaged Coins

PCGS recently announced that they plan to begin encapsulating coins that would have formerly been “body bagged” in the past for reasons such as damage, cleaning, and artificial toning. How does this affect the day-to-day operations of my firm and inventory and what are my personal feelings about such coins? The new PCGS “genuine” holders will have zero impact on DWN.   
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Douglas Winter
P.O. Box 4383
Portland OR 97208

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