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Replies: 24 / Views: 14,470 |
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Valued Member
Canada
125 Posts |
So for someone living in Canada, if you had a $150 or $200 coin (or 10), would you just keep it raw or send it to ICCS? Obviously, spending the money to ship to PCGS or TPG doesn't make sense unless you really really want it certified for some reason.
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Pillar of the Community
 Canada
5585 Posts |
Is the $200 what you could sell it for .. or a book/trends price? I'd keep it raw and protected in a holder.
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Pillar of the Community
Canada
818 Posts |
I have never sent a coin for grading in over 50 years of collecting. I use the money that would go for grading to buy more coins. If I were going to, it would be ICCS. No reason to pay $40-$50 or more to grade it unless the coin is VERY high priced or very high grade. If you spend $50 to grade it and it's listed at $150, then you'll still be hard-pressed to get more than 60% of list unless it's a very sought after coin. The slabbing fee would be a total loss.
If you are just collecting, and you know how to grade, then slabbing it makes no sense. If you plan to sell it, then it may be easier and sell for more if it's slabbed.
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Pillar of the Community
United States
1101 Posts |
Quote: I have never sent a coin for grading in over 50 years of collecting. I use the money that would go for grading to buy more coins.  Same here TerryT. Some people like slabbed coins, but they're not for me. I've bought a few slabbed coins, but I always set them free. 
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Pillar of the Community
Canada
1923 Posts |
I agree with a lot of the answers to your questions.
I have graded many coins on my own as I'm sure we all try to do, but when I get one that is a nice high grade, a variety, or hard coin to find that would command a good return I like to put them in a hard slab for protection as well as if you have to re-sale it I think would help I prefer PCGS. Like many have mentioned it is costly but well recognised through out the world as one of the best, I also like CCCS hard slabs much cheaper if you live in Canada I think his grading is compatible with ICCS. If you don't mind soft slips I would go with ICCS it used to be a 2 week return. I have sent many coins in to grade by all the ones I mentioned, but I also agree with okie, TerryT, Phil310 if its not worth a good return then no I wouldn't grade it either I also have boxes of un-graded coins in 2x2's and any of the mint stuff I wouldn't bother to get graded unless its a error coin so really in the end its what you like to do with them, they are yours
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New Member
United States
17 Posts |
I have two purchased slabs, one by CCCS and the INB and yes.the INB are scams. I'll get the INB graded again. I hate to be the monster here but everyone has something bad to say about those who choose to get their coins graded and slabbed but most of the comments are speculative about grade using the excuse that the pics aren't quality enough for them to "grade" in this forum. If you want to spend money grading your currency, do it and I have to say that a trusted grading company will likely get better results than yourself or from here with low quality pics. Sorry if I offended.
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Pillar of the Community
Canada
1081 Posts |
I've had reasonably good experiences with both CCCS and ICCS. One practise at ICCS that I don't approve of is substituting reduced grade for details calls. e.g. rather than grading a coin EF-40 hairlines, they will grade the coin VF-30 and leave out the hairlines notation. I think this is misleading in two ways. As I understand it, this is not the practise at CCCS (or PCGS).
Having said that, of the coins I've sent to the two agencies, while most have been accurately graded there were some mistakes. One important missed variety at ICCS, one inexplicably low grade at CCCS. Out of the 100 or so coins I've had graded, that's not a terrible track record.
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Valued Member
Canada
289 Posts |
Wow, brought back from the grave! lol.
Personally I feel like CCCS tends to overgrade coins at times. I generally think ICCS does a good job, but I agree on the net grading comment. I'd much rather have the correct technical grade and a notation of the problem to be aware of. Note I'm mostly looking at coins graded 65 and higher so I'm not sure on CCCS for lower grade coins. I found a CCCS 67 in a coin I wanted and cracked it out and sent it to PCGS. It came back a 66, which unfortunately was not really a surprise. So if you are a seller you will probably feel happy about CCCS inflating the grade a little, but I think at least some people would rather buy PCGS or ICCS instead of CCCS because of this. As always, my opinion. If Hugh is on here I'll probably hear about this. Lol.
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New Member
Canada
20 Posts |
If I am dealing with photos only then, I assess the coin myself up to EF45, the TPG is secondary. AU50 and up and not in my hand I rely on the TPG. I have found ALL the TPGs to be Inconsistent in and among themselves and each other. My most valuable tool is my own experience and knowledge, which takes time to acquire. If you are concerned about a particular coin then I would suggest putting up a Good photo or link and submitting it to this forum for opinions.
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Replies: 24 / Views: 14,470 |