Coin Grading Question - Coin Community Forum

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Author	Replies: 8 / Views: 1,465
Jamespfluger New Member United States 18 Posts	Posted 03/15/2012 08:25 am My coin collection is getting bigger every day and I have some very great looking coin. And I took a coin collection to a store deal with PCGS and NGS. They said your coin collection is not worth a lot. They also said the good coin I have not worth grading. So the question is should I trust them or should get them graded and see what happen. Thank for you for the info. Jim Report this Post to the Staff

John1 Moderator United States 56855 Posts	Posted 03/15/2012 08:51 am Never heard of NGS do you mean NGC? Give us more info as to what you have like domination and grade date etc. Then we can help/ John1 Report this Post to the Staff
TheCoinGeezer Valued Member United States 117 Posts	Posted 03/15/2012 08:58 am Impossible to say given the limited information you supplied. Report this Post to the Staff
Jamespfluger New Member United States 18 Posts	Posted 03/15/2012 09:16 am Yes I mean ngc. The coin I was l was looking to grade are: 1978 1$ Morgan 1921 1$ Morgan 1949 .50 Liberty Walking 1976 .50 Kennedy 2003 P+D Kennedy 1039 .10 Winged Liberty Head 1970 .10 Roosevelt 1959 .5 Jefferson 1960 .5 Jefferson Report this Post to the Staff
muddler Pillar of the Community United States 7194 Posts	Posted 03/15/2012 09:29 am I would say that none of the coins stand out on your list as rare. The only way I would submit any of these would be if they were absolutely pristine. If any of them have seen any circulation you would waste your time and money to send them in for grading. I suggest you spend the money you would have on grading to adding to your collection. Report this Post to the Staff
Jamespfluger New Member United States 18 Posts	Posted 03/15/2012 09:41 am Thank Report this Post to the Staff
just carl Bedrock of the Community United States 20753 Posts	Posted 03/15/2012 09:53 am Quote: I would say that none of the coins stand out on your list as rare. The only way I would submit any of these would be if they were absolutely pristine. If any of them have seen any circulation you would waste your time and money to send them in for grading. I suggest you spend the money you would have on grading to adding to your collection. About the same thing I'd say. Nice start but don't waste money on grading and slabbing now. Report this Post to the Staff
biokemist6 Bedrock of the Community United States 12437 Posts	Posted 03/15/2012 11:47 am To be perfectly honest, four of the ten you listed are essentially pocket change(1976 50c, 1970 10c, 1959 5c, and 1960 5c) and the 2003 Kennedys are only worth a few times above face value. Since the cost of slabbing coins can be a fairly expensive proposition(upwards of $30/coin when you include grading fees, order processing charge, and Registered Mail shipment both ways), it is best to only slab coins that are minimally worth at least $100. Report this Post to the Staff
TonedMo87 Valued Member United States 132 Posts	Posted 03/15/2012 6:14 pm I think what it comes down to is all personal opinion honestly. Regardless of what its worth, its entirely up to the collector. I'd honestly prefer to keep them raw and stored in something archival safe, as I have no intention of re-selling the coins I have. If you have plans on selling sometime down the road you have to make sure the cost of slabbing it is really worth the cost of the coin, and how much money you'd get for it as well. Report this Post to the Staff
	Replies: 8 / Views: 1,465

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