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 Replies: 11 / Views: 303 |
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Pillar of the Community
United States
717 Posts |
I purchased a roll of BU coins, all are MS62-MS66ish from what I'm seeing from you guys grading coins.
I found: Two-RPM-002, Ten-RPM-002 and Seven-RPM-003 in the one roll. My question is if I wanted to sell them, would it be worth it to send them in to be graded?
Edited by kurdlezuit
03/24/2023 7:37 pm
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Pillar of the Community
United States
717 Posts |
I also found one almost flawless brilliant brown color very nice coin, and one nice rainbow. I'm not sure if those would be worth it also. Those two aren't variety coins though.
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Pillar of the Community
United States
1575 Posts |
Research on what you think your coins are worth then consider spending 30 to 50 dollars for slabbing.
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Pillar of the Community
United States
717 Posts |
Is that a bulk send in price per coin? The one coin I just sent in is going to cost me about $80+ dollars. I'm not experienced with sending coins in to get graded. Thank you for the info.
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Valued Member
United States
472 Posts |
The TPG's generally charge a fee to grade the coins condition and then a second fee to attribute the variety. Those are per coin charges. Add to that the cost of mailing them to the TPG, the cost of return shipping and also a charge for insurance and it can easily equal a cost averaged out to $30 - $50 per coin. Clearly, the more coins you send in the lower your average cost will be because you're spreading the fixed costs over a larger number of coins. Also, remember that not all varieties will be attributed by a TPG. PCGS, for example, will only attribute varieties that show up in the CherryPickers Guide, so they will only attribute your 1938 S RPM's 1 & 2. ANACS has a broader attributing policy, so you may want to check with them to see if they will note the RPM 3 on their label. |
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Pillar of the Community
United States
717 Posts |
Thank you, that was also a question I had that you answered. So basically if it has an FS# it is recognized to the professional grading companies.
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Pillar of the Community
United States
717 Posts |
Which bring up another question. How does a variety get recognized and others don't? Is it just a, it takes time to get it recognized or they only do the bigger more desirable ones?
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Bedrock of the Community
United States
62062 Posts |
The slabbing would cost more than they were worth. Even if there were a difference, you would never get more for a slabbed coin than the real value. (I know I would never pay extra for a slabbed coin) Probably most others, would not pay extra for that service.
Edited by coop
03/24/2023 9:19 pm
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Pillar of the Community
United States
717 Posts |
I will take your word for it. Thank you Coop. All that have replied, thank you
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Pillar of the Community
Canada
5093 Posts |
If you has MS 66 PCGS recognize RPM 1 and 2 the RPM 3 ANACS. On MS66 you discuss about 100$, how much costed everything? you has to decide if it is worth, or sell raw.
NEVER ARGUE WITH AN IDIOT. FIRST THEY WILL DRAG YOU DOWN TO THEIR LEVEL. THEN, THEY WILL BEAT YOU WITH EXPERIENCE.
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Pillar of the Community
United States
5259 Posts |
Silvio is right, one of these in a PCGS MS66 holder will sell for about $100, and up to you to decide if that makes any sense to send in. And while Coop is right for coins in the mid grades, at the upper grades price goes up very quickly on a slabbed coin but not for raw coins. If you sent in a nice one you thought was MS66, a $100 coin, and it came back MS67 you would have a $300 coin. For some coins a one-grade jump can mean $500 or more in value jump, while no raw coins will do that. For this date I generally will not send in a coin unless I know it will go 66, and have at least a chance of 66+ or 67, as I think it's pretty much a break-even proposition if it goes 66. Over the years I've probably had at least 30 of these that would go 65 or better, but have only ever sent in 3 of them as nice enough to have a chance to be worth doing (and none actually hit 67).
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Pillar of the Community
United States
717 Posts |
Makes sense. All very good information. The only coin that I think would hit that MS67, is the brown one that isn't the variety coin. I will just sell them raw like you said. Wouldn't make sense to send them in, as it would be a break even point. Thank you
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Replies: 11 / Views: 303 |
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Posted 03/24/2023 8:14 pm
