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 Replies: 7 / Views: 870 |
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Valued Member
United States
131 Posts |
Hello, I am looking to slab around 100 coins (give or take 10 or so) but I have never graded and was told it would be a bit much to send off all in a short period. I've been collecting a few years but Ive never graded anything, although ive had PCGS platinum membership since I started lol. I do have quite a few slabbed but I purchased them that way. I was reading the how-to step by step but I just want to clarify some things and maybe get some insight. I don't plan on ever selling any, I just want them protected as I feel its easier to have stacks of slab holders than booklets of 2x2 and such plus they look nicer imo in slabs.
So my questions:
If I send in 10 coins totalling lets say $1000, that number being what PCGS says the total is worth after graded. Would I be correct to presume the total would be around 100 after graded i.e they charge me another 100 on top of sub cost and shipping?
I have a few "rarer" varieties I want to send in as well. For example I have a 1887-S shattered die reverse in decent condition. They don't have a price guide for that, would that be, given their info on page, be only a $10 fee as they have no listed price guide for it or would It be based off the market value of past auctions (I think the last was 2016, could be wrong, hard to find sales of it). Same with my 1882-H f114 2 over 1 British One Penny...No estimated price but some relatively recent auctions (2018). Would I use that auction price or a set fee of $10?
I was told to send under economy but some are worth more than 300, would I have to send those in a separate submission than coins on economy? Or can you do both on 1 order?
The "estimated" value if 90% are graded 1 below the expected (im sure most will be 2-3 below probably, I'm not good at grading past 65-ish) is around $8000 with all the varieties and such so I have absolutely no idea the total cost ill be paying to grade them all unfortunately. Any and all help would be appreciated.
*** Moved by Staff to a more appropriate forum. ***
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Valued Member
 United States
131 Posts |
Also from what I'm reading am I correct in this example. Say I have a variety coin worth $500. I would essentially pay: $40 for the service, $70 for the mint error designation (or is it $20?), $10 for handling, $4 for shipping, $5 for the end grade value and $4 to ship back? Essentially around $83-$133 correct (Not sure about the error cost, I don't know whats the difference between the "mint error" cost and the "variety" cost.
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Bedrock of the Community
United States
94367 Posts |
There is simply no way we can help you without individual photos of your collection.
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Bedrock of the Community
Australia
21786 Posts |
Much better if you learn to grade accurately for yourself.
Over the decades, I must have saved a motza by buying raw coins at a much more competitive price than for the equivalent slabbed coin.
Thus, over a lifetime of collecting, none of my coins are slabbed,
and that includes many that would be currently valued in the $ thousands
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Valued Member
United States
131 Posts |
I normally wouldnt grade, but I live right on the beach and it rapidly effects my coins for the most part. I have a coin case thats suppose to be moisture proof but living on the beach its not perfectly preserved as it should be. So slabbing and putting in cooper seals was recommended to me to preserve them much longer from the salt water constantly in the air. Its either that or I sell my house and move to a dryer location lol which I feel would be a liiiiitle more costly and time consuming than just slabbing the coins.
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Moderator
 United States
187446 Posts |
Keep in mind that while the TPG slabs add another barrier, they are not completely air tight. The salty sea air will eventually find its way in. If protection is your goal, then it would be cheaper to use air tight capsules (which are not 100% air tight either, despite the name) and more layers of protection—like a zip lock bags, desiccants, boxes inside boxes, etc. |
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Valued Member
United States
131 Posts |
Well my idea was to get the slabbed then use the copper boxes then put those in "slab" containers then in a safe. From what I read on coinweek and Numismatic News that would be the best options as well as I think slabbing is generally safer that your every day container no offence to those that choose that. I do own a few slabbed coppers and such that are almost not affected in the 10 years ive lived here while generally all coppers I put in the containers always tone rather quickly even with them in lined storage box with moisture bags. Theres something about the slabs that stops or slows specifically the salt in the air from what I read which generally aligns with what happens to my raw vs slabbed coppers. I don't plan on selling my house for a few years and likely will buy many more slabbed coins. For now I just want to protect the ones I collected personally as best I can. I'm not all too worried about the cost, as my wife says I'm just cheap lol...I like to know the cost of things as best I can before any purchases. |
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Moderator
United States
187446 Posts |
It sounds like you have a plan to use multiple layers, which is really the best defense.  Something else worth reading... http://goccf.com/t/340243 |
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Replies: 7 / Views: 870 |
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Posted 08/13/2024 6:28 pm
