There is no right or wrong answer.

It’s an interesting question. Graded and ungraded currency are terms that refer to the condition and quality of paper money or coins. Graded currency is certified and graded by a third-party organization, such as PCGS or PMG, using a numerical scale from 1 to 70. Ungraded currency is not certified and may have varying degrees of wear, damage, or restoration.

The advantage of buying graded currency is that you can be assured of its authenticity, grade, and value. Graded currency is also easier to sell or insure, as both parties can agree on a fair price based on the grade. Graded currency may also have higher potential for appreciation, especially if it is rare, in high demand, or in superb condition.

The disadvantage of buying graded currency is that it may be more expensive than ungraded currency, as you have to pay for the grading service. Graded currency may also lose its grade if the holder is damaged, tampered, or removed. Graded currency may also be less appealing to some collectors who prefer to examine the currency directly, rather than through a plastic holder.

The advantage of buying ungraded currency is that it may be cheaper than graded currency, as you do not have to pay for the grading service and the holder. Ungraded currency may also offer more variety and flexibility, as you can find different types, designs, and conditions of currency that may not be graded. Ungraded currency may also be more satisfying to some collectors who enjoy the thrill of finding a hidden gem or a bargain.

The disadvantage of buying ungraded currency is that it may be risky, as you may not be sure of its authenticity, grade, or value. Ungraded currency may also be harder to sell or insure, as both parties may have different opinions or expectations on the condition and quality of the currency. Ungraded currency may also have lower potential for appreciation, especially if it is common, in low demand, or in poor condition.

Ultimately, the decision to buy graded or ungraded currency depends on your personal preference, budget, and collecting goals. Some collectors may prefer to buy only graded currency, while others may prefer to buy only ungraded currency. Some collectors may choose to buy both, depending on the type and value of the currency. There is no right or wrong answer, as long as you enjoy the hobby and do your research before buying.

I hope this helps. 😊