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 Replies: 16 / Views: 2,023 |
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Pillar of the Community
United States
8137 Posts |
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Valued Member
 United States
194 Posts |
Anyone know around what it would cost to send this to PCGS and have it graded and slabbed? I only spent $20 on it...
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Rest in Peace
United States
10625 Posts |
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Pillar of the Community
United States
3210 Posts |
First you need a membership that costs a $70 a year then minimum with shipping an handling $40 for the coin. It isn't worth it keep it as is trust me! There is nothing to gain from this coin. If you had a 1893S Morgan then I'd suggest you send it in. Don't waste your $$$.
Edited by Imthealphaomega
11/19/2015 10:24 am
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Valued Member
United States
194 Posts |
But if I get the subscription thing with 8 free graded coins then I could do this one With 7 other coins right? I've never used their service so I don't know the costs of grading coins. Just trying to see if I could justify doing it. Unfortunately I don't know anyone who does or has done it so I have a lot of stupid questions. :/ guess I can always just keep all of my coins without grades on them
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Bedrock of the Community
United States
36828 Posts |
First, I would not waste the money slabbing this coin. It is a problem coin. I'd grade it at EF-40 details.
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Pillar of the Community
United States
4989 Posts |
EF-40, minor rim damage. Very collectible date with original surfaces and dark but attractive toning. I like the coin. Should trade at the VF price.
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Valued Member
United States
194 Posts |
Can someone help me out with one more thing? Understanding PCGS prices on the chart. Would ef 40 put this coin at around $230 according to PCGS? Or would it be more towards 145?
Edited by thelionwarrior
11/19/2015 3:12 pm
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Bedrock of the Community
United States
94367 Posts |
I think the point being made is that the coin is damaged and probably not worth anything like the nominal catalog value.
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Bedrock of the Community
United States
12057 Posts |
It's worth melt value or slightly over, maybe $15 to $20.
PCGS would body bag it and you'd have spent 40 bucks to grade a 20 buck coin.
Save your 8 submissions for problem-free coins :) You'll appreciate this later.
Member ANA - EAC - TNA - SSDC - CCT #890 "Most of the things worth doing in the world had been declared impossible before they were done." -- Louis D. Brandeis |
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Valued Member
United States
305 Posts |
If I were you I'd just hold off till anacs has one of the free grading specials , you can send 2 coins and all it's going to cost you is about 25 for return shipping and insurance ... If your dead set on having the coin graded this would be the smartest route , money wise anyways !! As for the value I don't agree with the opinion of melt value or 15-20 bucks at all , to me that's insane! Yeah it's a problem coin with some pretty heavy rim damage but at the same time it's a lower mintage semi key date ... People are more forgiving with problem coins that are better dates , anyone that watches ebay any at all will know this to be true! I did a quick search looking at past auctions and there are a few coins with similar problems about the same grade selling for 70plus .... So in my opinion it would be well worth the 12-13 bucks to send into anacs when the next special rolls around as you wouldn't have any problem at all getting 60-80 out of this coin ! |
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Bedrock of the Community
United States
12057 Posts |
Quote:People are more forgiving with problem coins that are better dates , anyone that watches ebay any at all will know this to be true! More than likely, ebay is simply more full of people who don't understand that a coin with this sort of damage is worth maybe 5-10% of the price of a problem-free coin, even in a slab. Member ANA - EAC - TNA - SSDC - CCT #890 "Most of the things worth doing in the world had been declared impossible before they were done." -- Louis D. Brandeis |
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Valued Member
United States
194 Posts |
Thanks all. This is more of one of those sentimental coins. I have no plans to ever sell it. Appreciate the info!
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Pillar of the Community
United States
1215 Posts |
XF details Cleaned, rimdmg
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Valued Member
United States
305 Posts |
I don't believe everyone that purchases a low mintage coin with problems do so because they don't know better ..
Some people can live with a problem coin and some can't ...
At the end of the day there just isn't a easy way to determine the value of a problem coin as these problems will vary from coin to coin....
What can you do other than try to see what similar coins have realized at auction ...
Whether it's a inexperienced new collector or seasoned collector of many years buying these coins, that's really doesn't Matter ...
I've always been told that a coin is worth what someone is willing to pay ...
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Posted 11/19/2015 10:08 am
