New Guy Has Slabber Question(S)

Close up pictures please--

The pictures are somewhat blurred, but I worked on sharpening them up in my photo editor. I do not see any stray marks, but it looks like there may be slight rub on her breast. It could also appear darker because of the shine of the coin. I would send it in to be graded by a top tier grading company. From what I saw, I think it has a definite chance at 65, possibly higher.

Hi Stephen

Although the pics are a tad blury they are a 100% improvement !!

The pics show no marks that I can see,I dont see the rub that Susan saw, but then I didnt enhance the photos either, I think the coin is a firm 65 with a shot at 66,,

Susans advice is sound IMHO send it in .

Rick

quote:

---

Originally posted by bulldawg

May not be a 67 but it's not far from it. Very nice coin.

---

Hi. I went to the websites for PCGS, NGC, and ICG. All of them say that they will take "crossovers" but will not crack the slab unless they think they might be able to give it a higher grade. But I don't care about that. I just want it graded by a reliable company and slabbed in a reputable slab. I'm not going to sell this coin anytime soon. It's too pretty. I'm not going to take it on myself to crack the slab. There is no way on this planet I would trust myself to do that, white cotton gloves or not. I live in NYC and there are a number of coin dealers associated with PCGS. On the website, as you probably know, indicates that I'd have to join a "Collector's Club" before I can submit. And they have the same "crossover" policy. Perhaps one of these dealers would be willing to crack it for me and send it to PCGS for a new grade?

Thanks for everything.
Stephen

Hi Stephen,
Welcome! Congrats on a pretty coin! I love walkers, beautiful design, big coin with heft to show off that design, hard to finish series, but doable for most of us, etc.
Regarding ebay purchases-this is unsolicited advice, but you might want to read some of the ebay advice here (may have already done so) If you post about a coin, folks will generally chime in with good advice before you've spent money. I say that because the seller of your coin, the coin vault llc, does a few things which may be suspect.
One-a "private auction". With very valuable coins, this may protect buyers and coin values. For a $200 coin, it raises red flags. The walker and Washington quarter "buy it now" prices for $10 face are overpriced -circ coins, where one doesn't have pics, are "worth" silver spot (about 4.8X face currently). They're priced at 7X face, and that doesn't include Z$7.70 s&h!
IMO, if you are happy with the coin great. Why pay to have someone else grade and slab it (unless you want to sell it)?
Here is a grading survey by a reputable organization:
http://www.PNGdealers.com/public/Su...4_detail.cfm
PCGS and NGC are the big boys. ANACS is well respected, and grades "problem" coins- while labelling them as such. IE "cleaned", MS details, net grade AU-58, etc. IGC has the reputation for looser grades in moderns MS coins, but is respected in many areas. Any other company is to be avoided, IMO unless one knows grading and can see the coin in hand, or is prepared to consider the coin overgraded and take a chance.

Lastly,
38-P walker is a coin with a steep cost/grade relationship-ie MS 64 is "worth" $100-140, 65 $200-$350, 66 $500-$600, 67 $1000-$4000. I'm not a walker expert or a dealer- that is based on heritage auctions prices realized. That, or ebay completed auctions search, or similar resoiurces, are your best guides to current pricing. Graysheet (coin dealer newsletter) will give a guide to delaer to dealer sight unseen prices, which is useful as well. PCGS is a poor secong in terms of pricing (but far better than some other guides-such as the RedBook...)

Looks like a nice coin. Welcome back to the hobby!
Don

Stack's is a well-known big time dealer -- I am glad to see they were willing to help you.

I am new to the forum and have found this line very interesting about coin graders. I am afraid that I have probably fallen victim to some of the "over grading" but am now much better informed. Thanks for the link to the PNG Grading Survey sit also. That was particularly informative.

quote:

---

Originally posted by stk54dist

I am new to the forum and have found this line very interesting about coin graders. I am afraid that I have probably fallen victim to some of the "over grading" but am now much better informed. Thanks for the link to the PNG Grading Survey sit also. That was particularly informative.

---

Welcome. I was you just a couple of months ago, now I've learned loads about coin grading, storage, history, passion, insider scandals at the ANA and all sorts of other good I wouldn't have known. Browse around. I always look at the folders that appear to be on fire because they are the discussions that have the most posts, and by deduction, are the most interesting. Everybody's amazingly kind and helpful and the coin grading group is really fun and instructive. Hope to see you often!