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Should I Get This Toned 2000 Silver Eagle Graded?

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Author Previous TopicReplies: 11 / Views: 935Next Topic  
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idk12345678's Avatar
United States
196 Posts
 Posted 08/02/2024  01:23 am Show Profile   Bookmark this topic Add idk12345678 to your friends list Get a Link to this Message Number of Subscribers
Should-I-Get-This-Toned-2000-Silver-Eagle-Graded?
Should-I-Get-This-Toned-2000-Silver-Eagle-Graded?
Should-I-Get-This-Toned-2000-Silver-Eagle-Graded?
source of toning#11014;#65039;
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Palestine
41 Posts
 Posted 08/02/2024  04:17 am  Show Profile   Bookmark this reply Add Baracoin to your friends list Get a Link to this Reply
Doesn't worth it.. u will be in loss!
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John1's Avatar
United States
56855 Posts
 Posted 08/02/2024  04:26 am  Show Profile   Bookmark this reply Add John1 to your friends list Get a Link to this Reply
An item needs a retail value of at least $100 to justify all grading costs involved in sending it in.
Why do you want it slabbed?What is the value of your coin after slabbing?
Determine the grade best you can and look up the value in said grade.https://www.pcgs.com/photograde/
http://m.numismedia.com/rarecoinprices.htm
Also check ebay sold values.
John1
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panzaldi's Avatar
United States
18630 Posts
 Posted 08/02/2024  09:36 am  Show Profile   Bookmark this reply Add panzaldi to your friends list Get a Link to this Reply
MS69 are selling for about $40. MS70 about $60

just to give you an idea. PCGS you need a yearly subscription $69, grading fee about $23 plus ship and ins both ways.

grading fees are ridiculous and chew up a good portion if not all value of a coin. I don't slab for that reason. unless you have a rarer coin that needs authenticated and preserved forget about grading.
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John1's Avatar
United States
56855 Posts
 Posted 08/02/2024  10:04 am  Show Profile   Bookmark this reply Add John1 to your friends list Get a Link to this Reply
Don't they also make you insure it, to and from the grader?
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Jakes Coins's Avatar
United States
735 Posts
 Posted 08/02/2024  10:05 am  Show Profile   Bookmark this reply Add Jakes Coins to your friends list Get a Link to this Reply
No I wouldnt get this graded, doesn't look like a 70, lots of spotting.


Quote:
MS70 about $60

I'll take everyone you have ... PCGS ms70 2000 eagles have a price guide of $4000 & a 2000 millennium eagle has a guide of $14000.
I've been collecting for a couple years... Favorite Coin's are Standing Liberty quarters, Working on my type set | Coffee, Corvettes, Coins & the CCF what could be better?
Edited by Jakes Coins
08/02/2024 10:07 am
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IndianGoldEagle's Avatar
United States
36498 Posts
 Posted 08/02/2024  1:57 pm  Show Profile   Bookmark this reply Add IndianGoldEagle to your friends list Get a Link to this Reply
Not worth spending the high fees to slab it.
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Errers and Varietys's Avatar
United States
73628 Posts
 Posted 08/02/2024  2:07 pm  Show Profile   Bookmark this reply Add Errers and Varietys to your friends list Get a Link to this Reply
Not worth the grading fees.
Errers and Varietys.
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Marv65's Avatar
United States
10478 Posts
 Posted 08/02/2024  6:50 pm  Show Profile   Bookmark this reply Add Marv65 to your friends list Get a Link to this Reply

Quote:
PCGS ms70 2000 eagles have a price guide of $4000 & a 2000 millennium eagle has a guide of $14000.


Guides are just that - "guides". Don't confuse them with actual selling prices.

EDIT: But of course $60 for a MS70 by PCGS or NGC is a laugher - more like $2560
Edited by Marv65
08/02/2024 6:52 pm
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panzaldi's Avatar
United States
18630 Posts
 Posted 08/03/2024  10:02 am  Show Profile   Bookmark this reply Add panzaldi to your friends list Get a Link to this Reply

Quote:
But of course $60 for a MS70 by PCGS or NGC is a laugher


check...retracted...was looking at wrong date for sales. my bad
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nfine's Avatar
United States
3468 Posts
 Posted 08/03/2024  10:58 am  Show Profile   Bookmark this reply Add nfine to your friends list Get a Link to this Reply

Quote:
PCGS you need a yearly subscription $69, grading fee about $23 plus ship and ins both ways.


That's one way of submitting coins to PCGS. I chose to work with a PCGS authorized dealer to submit the one coin I had graded. I sent an ICG encapsulated Goodacre Sacagawea for grading and it came back SP68. Total cost was $45.00.
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panzaldi's Avatar
United States
18630 Posts
 Posted 08/03/2024  12:31 pm  Show Profile   Bookmark this reply Add panzaldi to your friends list Get a Link to this Reply

Quote:
chose to work with a PCGS authorized dealer to submit the one coin I had graded. I sent an ICG encapsulated


true for submitting slabbed coins. it appears this one was removed from its holder as the holder photo is shown separated from the coin.

also, finding an authorized dealer is not easy, finding an LCS that will submit them for you is not also. they could purchase a higher subscription with vouchers but like most on here they have never sent a coin in. I'm just giving them a single coin cost. you can send it to ANACS for significantly less but they don't command the additional premium for a PCGS coin as well. my intent is to show that slabbing a coin can chew up a significant value of a coin and doesn't just makes these companies bottom line increase

i only condone grading a coin in one of two cases

1. its a rare coin and requires certification
2. its a higher value coin that the costs of grading is not going to chew up the majority of the value AND you are going to sell it.
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