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When A Truly Valuable Coin Falls Out

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Tom Goodheart's Avatar
United Kingdom
856 Posts
 Posted 03/08/2015  3:19 pm  Show Profile   Bookmark this reply Add Tom Goodheart to your friends list Get a Link to this Reply

Quote:
I live in the uk and mainly collect coins of the uk aswell as uk and usa error/variety coins,i have wondered if I should send the usa coins to the usa to sell or get graded or trust the opinion of someone here? Where would I start and who can I trust.?


Hi Loopy. First off. No point getting coins graded if the cost of sending it to grading company etc is more than the coin will sell for.

Second off. People in the UK aren't generally bothered about having their coins slabbed. There is a TPGS called CGS but worth it only for top grade valuable coins (over £100). And they use a different (100 point) grading scale to everyone else.

But. Buyers in the US like their coins slabbed. NGC have a branch in Paris. They and PCGS are probably the only companies worth using to sell in the US. No point getting UK coins US graded for sale in the UK as we use different systems and people will take the US grade with a pinch of alt.

UK grading? Buy yourself a book such as Derek Alan's "The Standard Guide to Grading British Coins: Modern Milled British Pre-Decimal Issues (1797 to 1970)" join a UK based coin forum and learn. It will be one of the best investments of time you make.

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amida17's Avatar
United States
4897 Posts
 Posted 03/08/2015  6:13 pm  Show Profile   Bookmark this reply Add amida17 to your friends list Get a Link to this Reply
CoinMasters... Do not take anything I've said to be intentionally captious. We often hear grand claims here at CCF and will always request a picture...by all means get the coin TPG'd as discovery coins are always cool.... do please share the results with us!
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Rackster's Avatar
United States
4809 Posts
 Posted 03/08/2015  7:03 pm  Show Profile   Bookmark this reply Add Rackster to your friends list Get a Link to this Reply
It would be sweet to pay off the house with one cent...the right one of course.
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United States
860 Posts
 Posted 03/08/2015  8:40 pm  Show Profile   Bookmark this reply Add JonNickelCollector to your friends list Get a Link to this Reply
If I found a coin that I thought was that valuable, I would take it to a coin expert to be evaluated in front of me. I would not let it out of my sight. If he concurred, I would contact an auction house to see how to proceed.

Maybe you could use the auction house in California that is selling that $10M find of gold coins from a couple of years ago.
Valued Member
liu21's Avatar
United States
95 Posts
 Posted 03/08/2015  9:39 pm  Show Profile   Bookmark this reply Add liu21 to your friends list Get a Link to this Reply
No pictures? Let me tell you this one time I sold a penny for a million bucks...
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thedollarman's Avatar
Canada
4911 Posts
 Posted 03/08/2015  10:14 pm  Show Profile   Check thedollarman's eBay Listings Bookmark this reply Add thedollarman to your friends list Get a Link to this Reply
This sounds interesting, why not post pics?, it would let us help and the time of posting on the top of the post would assure that you were the discoverer and had the first.
Feel free to call me Will.
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Pacificoin's Avatar
Canada
5402 Posts
 Posted 03/08/2015  10:34 pm  Show Profile   Check Pacificoin's eBay Listings Bookmark this reply Add Pacificoin to your friends list Get a Link to this Reply
I have a rare coin worth an absolute fortune too! But I am not sharing ! There are very few unrecognized undiscovered and unattributed coins that pay off mortgages !
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Loopy Looker74's Avatar
United Kingdom
26 Posts
 Posted 03/09/2015  4:43 pm  Show Profile   Bookmark this reply Add Loopy Looker74 to your friends list Get a Link to this Reply
Thanks Tom(Goodheart),will take a look,much appreciated.Thank you.
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