First ANACS Submission, Happy And Want To Show Off The Goods!

Nice coins! Glad that most of them are what you expected!

I concur with Coinfrog that there are some nice looking coins in this lot. That said, I'm thinking there's about 1k, dollar-wise here. Assuming that certification costs ran $300 or so, that's a 30% loss on the investment; this, IMHO. I'm thinking that most collectors who would like to own the 13-S V2 and the 1908-S, both circulated, would prefer to own ones that would fit in albums and/boards. These better dates aside, I see a group of common date, generic type coins.

My strategy for getting coins slabbed has long been to pay no more than 10% of a coin/token's value for this service. I realize that every collector has his own tastes, and that's to be expected. We like what we like. That said, as long term investments go, I see this lot, unless purchased for peanuts, as a loss. ANACS is the ultimate winner here ....

Nice! Like the Barber dime - an underappreciated design, imo.

Nice group!

The fact that you paid $2 for that 1914-D makes me smile. What a score.

@coreyg .... I'm glad to see you edited your last post, directed at me. In the original version, you misquoted me. I take issue with your calling me "pretentious." I'm not trying to impress anyone on the forum. Take a look at the title of this post, and ask yourself, who's being the show-off?




While I'm impressed by a few of the buys you made, I stand by my comment about most of these coins being common and generic. Unlike what you wrote, I wasn't targeting you as a person, I was offering my opinion about the process of slabbing. Many young and inexperienced collectors will read this thread, and I chose to post an alternative viewpoint about slabbing. The fact that you pay more than a given coin's worth is your chosen path, not mine. Unlike your approach, when spending money on certification fees, I approach this from a logical standpoint. Like it or not, there comes a day when all collectors must part with their coins. IMHO, spending money on certifying low-value, common date coins with problems is not a practice that I'd encourage. You seem to take pride in that .... to each, his own. My comments were aimed at others to whom I strongly recommend weigh the value of their submissions to third party grading services.

But for the prices you paid and conditions cited, I see the chart you posted as meaningless. I just purchased a pair of 1940's Walking Liberty halves at a show for $14 and $15, respectively. I've bought AU 1883 NC nickels in the same price range (purchased as prizes in the club raffles). More than half of the coins were purchased at or near the cost of getting them graded. The one coin worth grading, by my alternative standards, was the 1913-S type 2 nickel (possibly, the seller thought it to be a type 1?). It's beyond me how ANACS judged that 1925 dollar as MS-64, what with all the facial scarring (new slab, so I'm guessing the scratches are on Liberty's cheek and not the plastic).

To me, the principle purpose of the CCF is to scrutinize coins, not people. As an admitted senior collector, I've long endeavored to encourage and guide younger collectors by sharing my knowledge and experiences. If that makes me pretentious, so be it.

@kbbpll .... I was referring to death, but consider that collecting priorities evolve over time and today's priorities may well change for many collectors. As for spending $190 to identify common, low value coins that the great majority of collectors and certainly dealers can easily attribute, I'm not a fan. That said, if it floats a collector's boat to do so, go for it. The 1913-S type 2 nickel is worth slabbing.

I count myself among collectors who don't focus on the profit/loss equation. That said, I see many collectors for whom $190 is a significant amount. That amount would buy a few choice coins. Then too, I think it's wise for collectors to look ahead and formulate some collecting goals doing so with a budget in mind.




In calling the OP's slab expense to question, I'm not criticizing him. The above statement pretty well sums up my message .... Collectors might objectively consider the value of slabbing particular coins. If it simply soothes their fears, lights their fire or whatever, these subjective feelings know no price.