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Corsair
Penny Hoarding Member
811 Posts |
 Posted - 02/21/2009 : 15:32:00
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I have a few coins that I would love to see graded. However, I don't have the slightest clue on what to do. Can someone give me a step-by-step? And approximately how much of a cost am I looking at?
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So long, Realcent 1. Come visit us at Realcent.org! |
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HoardCopperByTheTon
Administrator
USA
6807 Posts |
Posted - 02/21/2009 : 16:25:44
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Take really nice digital pictures of both obverse and reverse and post them here. This is the cheapest route. Having coins "slabbed" by third party graders helps marketability some, but unless you are selling higher value coins, it is hard to justify the fees.  |
If your percentages are low.. just sort more. If your percentages are high.. just sort more.
Now selling Copper pennies. 1.6x plus shipping. Limited amounts available. |
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fb101
Administrator
USA
2856 Posts |
Posted - 02/21/2009 : 19:15:59
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| I second that; I've had quite a few graded, and it can cost more to grade than a coin is worth. Grade things that need a verification, and don't think about grading anything worth less than $75 minimum and with a big price disparity from the ggrade below. It will cost minimum $12 per coin, plus shipping and insurance both ways, and a minimum of 5 coins. I use NGC. You have to either be a member of NGC or "Collectors Society" or an ANA member (cheapest, $39 per year) |
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kieblera5
Penny Hoarding Member
USA
859 Posts |
Posted - 02/22/2009 : 00:47:51
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| I know that I, along with other members on the board, can give you a pretty good grade of a coin if you take some pics. Alot cheaper, except I charge $5 FV 90% silver for each coin. |
Democracy is being allowed to vote for the candidate you dislike least.
Never argue with an idiot. They will drag you down to their level and then beat you mercilessly with experience.
Caller number seven gets the Peace Prize!
Get coding tips, tricks, and more at: http://codingmonday.blogspot.com |
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Tourney64
1000+ Penny Miser Member
USA
1035 Posts |
Posted - 02/22/2009 : 01:08:54
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1. Scan the coin and let us grade it.
2. My Coin Prices magazine has grading info in it. You could also find resources on the Internet.
3. Your local coin shop would probably give you an unofficial grading.
4. If you want an official slabbed grading, then they be able to send it in as they would most likely be members and able to do so. |
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kieblera5
Penny Hoarding Member
USA
859 Posts |
Posted - 02/22/2009 : 01:11:49
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OR buy a grading book. I have the "ANA Grading Standards for United States Coins. Good book...
You must be logged in to see this link. |
Democracy is being allowed to vote for the candidate you dislike least.
Never argue with an idiot. They will drag you down to their level and then beat you mercilessly with experience.
Caller number seven gets the Peace Prize!
Get coding tips, tricks, and more at: http://codingmonday.blogspot.com |
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just carl
Penny Hoarding Member
USA
601 Posts |
Posted - 02/22/2009 : 09:27:28
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So much depends on your future plans for those coins, what they are, how valuable, how much you want to invest, etc. In other words you should first know what your doing and what you have. My suggestion is if you have no idea of your coins values and/or what they are, do as already posted and submit either photos or a complete descrition of them here.
At coin shows I've seen coins that are worth a few dollars in a slab. Really rediculous when you consider that someone spent possibly $25 or more to have a $1 coin graded and slabbed. And all grading services will comply with any submitted for that.
If your not in a hurry the 2010 edition of the Red Book is coming out April 7. Purchase that book and look up your coins. The values will be excessively over done so what ever it says, deduct about 25%.
If you insist on having your coins graded, why not just go to the TPGS web sites and ask them what to do. There is a PCGS and a NGC web site for just that purpose. And remember they will gladly grade and slab your coins even if worthless. |
Carl |
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starwarsgeek171
Penny Hoarding Member
USA
651 Posts |
Posted - 02/27/2009 : 17:29:32
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| I'd go with PCGS for nicer coins only. |
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keys
Penny Collector Member
383 Posts |
Posted - 02/27/2009 : 19:09:06
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Footnote: Grading is an art, not an exact science.
Some coin owners will submit coins for grading, then resubmit the same coin in hopes it will be graded higher than the first time. Experts can get into heated arguements as to whether a coin is AU50 or AU55, is it F40 or F45.
Grading isn't always the last word as far as coin prices are concerned. I have seen coins which were VG grade sell for EF prices. The Red Book is great but if the dealer is selling a coin for $10 more, its either take it or leave it. If you don't buy it someone else will.
As always, buyer beware. |
I change with the times-
but like silver coins found in your change
I stay the same.
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The United States of America started out as the new Republic of Rome.
Will The United States of America end up as the New Imperial Rome? |
Edited by - keys on 02/27/2009 19:11:21 |
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moboman
1000+ Penny Miser Member
USA
2555 Posts |
Posted - 02/27/2009 : 22:35:38
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get a copy of Brown and Dunn's "A GUIDE TO THE GRADING OF UNITED STATES COINS"
It is an old book with real grades in it. It is a stricter standard than what is used today.
EDIT: I just bought a second copy for $4.50 shipped off of amazon. You can probably get it cheaper from half.com or somewhere else on the internet. |
"99% of all lawyers give the rest of them a bad name" 
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Edited by - moboman on 02/27/2009 22:39:40 |
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barrytrot
Administrator
USA
721 Posts |
Posted - 02/28/2009 : 07:51:09
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quote:
Originally posted by keys
Footnote: Grading is an art, not an exact science.
Actually Grading is most definitely a science. With well defined and repeatable rules.
Unfortunately business in an art and PCGS and the other slabbing companies have 1 priority: make enough money to stay in business and make a profit. The grading, for them, is sadly clearly secondary.
The example of multiple sendings to eventually get a coin upgraded is a perfect example of this. The submission companies LOVE this. What company wouldn't? If someone has to pay you 5 times for something instead of one time, every business would sign up for that. Oh, I mean unless a business thinks integrity is important.
Don't get me wrong, I love my slabs, but I know that the companies making them are just doing so because they couldn't get their corner comic book shop to turn a profit.
Actually let me throw in a shout out for a company on the rise that hasn't yet let business be #1. The only rip on them is that their slab looks dangerously like the horrid looking and grading PCI.
You must be logged in to see this link.
I have zero of their coins and a lot of the others, but their policies and prices, including automatic imaging of each coin, are really fair for the consumer! |
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Having coins graded
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