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To Grade Or Not To Grade? That Is My Question....

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 Posted 06/27/2017  10:28 am  Show Profile   Bookmark this reply Add John1 to your friends list
to CCF. IMHO,I would not slab any bullion pieces but if you do go with PCGS.They sell at a slight premium above NGC.If you are thinking about slabbing collector type coins,post pics here on CCF first and we will let you know if they are worth the expense to have them slabbed. I hope you enjoy our great site.
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 Posted 06/27/2017  1:59 pm  Show Profile   Bookmark this reply Add Dorado to your friends list
To the Forum.
Rest in Peace
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 Posted 06/27/2017  5:09 pm  Show Profile   Bookmark this reply Add moxking to your friends list
We look forward to your participation. I use NGC far more often because they seem to be more consistent. My own rule of thumb is that if a coin will have a minimum value of $200, then I will send it in. Everyone has to set their own minimum, although lots of folks obviously don't because of the tons of $20-50 coins in slabs.
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 Posted 06/27/2017  5:10 pm  Show Profile   Bookmark this reply Add BStrauss3 to your friends list
No.

With modern coins, the way the game plays out is that if your coin comes back at MS70 or PF70, you can sell it for a bit more than cost (mint price, shipping from mint, shipping to the TPG, return shipping, grading fees).

If it comes back at MS69 or PF69, you can't sell it for much above the mint costs.


The way the big boys do it is they send in entire boxes of 500 for cheap ($5/coin) bulk grading. The 69s sell for cost and the 70s for a 10 or 20 or maybe 50 over cost. In bulk, with decent yield, they make money. But you can't qualify for bulk grading and the $20 or $30 per coin kills you.


If you want them slabbed, them buy them slabbed.
-----Burton
50+ year / Life / Emeritus ANA member (joined 12/1/1973)
Life member: Numismatics International, CONECA
Member: TNA, FtWCC, NETCC, EveryCountry (online) coin club
Owned by three cats and a wife of 40+ years (joined 1983)

Author: 3rd Edition of the Sample Slabs book, https://www.sampleslabs.info/
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 Posted 06/27/2017  5:37 pm  Show Profile   Bookmark this reply Add oriole to your friends list
@Fionnsboy, save your money and don't get your coins slabbed, not as a general rule. Invest the money on more coins/ knowledge of how to grade yourself.
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 Posted 06/27/2017  6:20 pm  Show Profile   Bookmark this reply Add nutmeg to your friends list
No I wouldn't slab them.
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 Posted 06/27/2017  6:57 pm  Show Profile   Bookmark this reply Add Fionnsboy to your friends list
Many thanks for all the replies folks, it's been very helpful and you're all very kind to reply. I was thinking to grade only because there's a place right down the street from me that does it (oddly enough, and all the available services "at a greatly discounted rate," so says their website, which would of course also eliminate shipping/insurance.) Perhaps I'll inquire what they charge. No 2taol, not in Ireland, I'm just north of Boston, ach Rugadh mo Mháthair in eirinn.
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 Posted 06/27/2017  9:56 pm  Show Profile   Bookmark this reply Add Joseph7420 to your friends list
to the CCF!
Would you mind sharing the name of the grading company you are considering? PCGS, NGC, and ANACS seem to be considered the top three (in the United States, at least). There are, of course, a lot of other companies, but many are prone to over-grading, and should probably be avoided.
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 Posted 06/27/2017  10:54 pm  Show Profile   Bookmark this reply Add Fionnsboy to your friends list
Joseph 7420, they are called Numismatic Investments, and they offer both PCGS and NGC.
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 Posted 06/27/2017  11:28 pm  Show Profile   Bookmark this reply Add Illegaltender to your friends list
It is generally more cost effective to but modern coins already slabbed. I personally find raw coins to be cooler, as well as a nice challenge to grade and authenticate yourself. Basically, you do you.
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 Posted 06/28/2017  9:53 pm  Show Profile   Bookmark this reply Add jack jeckel to your friends list
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 Posted 06/29/2017  09:15 am  Show Profile   Bookmark this reply Add hic1957 to your friends list
just joined myself -
welcome!
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 Posted 06/30/2017  07:42 am  Show Profile   Bookmark this reply Add BadToTheBone to your friends list
to CCF.
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 Posted 07/04/2017  2:42 pm  Show Profile   Bookmark this reply Add 2taol to your friends list
Dia Dhuit Fionnsboy, Go han Mhaith!
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