Are you a coin collector?
Do you enjoy the thrill of the hunt, the joy of discovering a rare gem, and the satisfaction of adding it to your collection?
Or are you just in it for the investment?
Whatever your motivation may be, there's no denying that the world of modern coin collecting has changed dramatically in recent years.
One of the biggest changes has been the rise of the "Guaranteed 70" coin.
It refers to coins that have been certified by a third-party grading service NGC or PCGS as being in perfect, flawless condition.
These coins are highly sought after by collectors and investors alike because they represent the pinnacle of quality.
But is the Guaranteed 70 coin the death knell of modern coin collecting?
Some could argue that it has ruined the concept of collecting from a hobby to being more like gambling or investing.
After all, if you can simply buy a coin that is guaranteed to be perfect, where's the challenge or fun in that?
Others argue that the Guaranteed 70 coin has its place in the hobby. It provides a clear benchmark for quality, and it allows collectors and investors to have confidence in their purchases. Plus, the thrill of finding a rare coin in perfect condition is still there, even if it's not as challenging as it once was.
What about the Royal Mint?
Beginning to strike private deals with the likes of Heritage to sell pre-graded 70s in the USA market
Should they not just ditch their own packaging and just sell everything in NGC 70 holders?
Some argue that this would significantly devalue their product, as part of the fun of collecting is in the hunt for that perfect coin.
Others argue that it would actually increase the value of their product, as collectors and investors would have more confidence in their purchases.
What do you think? share your thoughts
Is the Guaranteed 70 coin a good thing for modern coin collecting, or is it the death knell of the hobby?
Are 69s the ugly duckling ignored diamonds in the rough to buy it at much reduced price and enjoy the piece
Should the Royal Mint embrace it or resist it? selling pre-graded 70s in the UK would certainly improve their PR for quality & guaranteed flaw free
It is certainly open up the discussion and hear your thoughts here