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 Replies: 23 / Views: 3,955 |
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Rest in Peace
United States
9104 Posts |
Poll Question
Pick a reason, or add one of your own:
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Bedrock of the Community
United States
10038 Posts |
because...
The few I just sent in (first time ever) will be easier for my wife/kids to ID if anything ever happens to me and it will make it easier for her/them to sell if they so desire.
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Pillar of the Community
United States
7840 Posts |
because...authenticity, insurance identification and protection from those who would handle and drool on my "pretties".  Edited by oih82w8
04/20/2012 7:23 pm
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Rest in Peace
 United States
9104 Posts |
Did you vote 3? I had a customer call with a PCGS VF25 1878cc Morgan dollar. Just for a laugh, I checked ebay closed listings (red indicates no bid):
VF, RAW $173.29
VF, RAW 157.50
VF25, NGC 150.00
VF25, PCGS 147.50
VF30, NGC 145.00
VF25, NGC 145.00
VF25, PCGS 140.00
VF25, PCGS 140.00
VF25, NGC 134.85
VF, RAW 134.50
VF20, NGC 127.00
VF20, NGC 127.00
VF35, ANACS 125.00
VF25, NGC 125.00
VF35, PCGS 122.95
VF20, PCGS 120.00
VF, RAW 119.00 (cleaned)
VF25, NGC 115.00
VF25, NGC 110.00
VF20, PCGS 107.86
VF, RAW 106.59
VF30, PCGS 105.50
VF, RAW 105.00
VF, RAW 105.00
VF30, ANACS 103.99
VF, RAW 103.73
VF30, ANACS 101.75
18, RAW 90.00-100.00
VF25, ICG 89.00
20, RAW 52.00-89.00
Looks like the big money goes to unslobbed coins, at several different levels. Considering that almost all sold for $75 or more, paying $30-50 to a TPG is mostly a break even, and often losing, proposition. PS-If you try to duplicate my results, that great looking AU that went for $102.50 was one of the rare varieties made in San Francisco. |
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Valued Member
United States
309 Posts |
I would only send them in if I had a super exceptional coin, in either quality or rarity. I see no reason to for common coins or common conditions.
I will buy them slabbed however, takes out some guesswork for authenticity and condition.
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Pillar of the Community
United States
3184 Posts |
um lets see, guaranteed authentic? With all the chinese counterfeits, I don't want to take a chance and get a fake coin
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Pillar of the Community
United States
1796 Posts |
Because -- authentication is important for rarer varieties. I wouldn't use a TPG for anything but to determine if an extremely valuable and convincing coin is authentic because if there is a mistake somewhere down the lines, that value is "insured." Grade is art, authentication is science. :-) Edited by SteveCaruso
04/20/2012 9:04 pm
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Valued Member
United States
275 Posts |
..Because there has to be a universal and accepted grading system to distinguish value, one can't go off of any individuals opinion.
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Pillar of the Community
United States
1796 Posts |
But there isn't a universal and accepted grading system and every year it changes a bit. Each TPG also has its own slightly differing standards. I'd love to see an ISO for grading. :-) Edited by SteveCaruso
04/20/2012 9:06 pm
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Moderator
 United States
16679 Posts |
Best long term protection, authenticity.
^ That's why their grade doesn't matter...opinion. You and I have ours too.
swcoin.ecrater.com
Edited by vermontensium
04/20/2012 9:24 pm
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Rest in Peace
United States
10625 Posts |
Quote:
I'd love to see an ISO for grading. That's the funniest thing I've seen period.  |
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Bedrock of the Community
13014 Posts |
bigg brought up a good point that it doesn't always fetch a premium to be graded. just from browsing ebay a bit it seems that for the lower grades raw will fetch a premium as people hold out hope they strike that high grade coin from the raw as opposed to knowing its already a low grade. now if you hit that high grade and get it slabbed thats a different story |
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Bedrock of the Community
United States
10045 Posts |
Quote:
I'd love to see an ISO for grading. :-) I got that too |
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Bedrock of the Community
United States
10982 Posts |
Quote:
Looks like the big money goes to unslobbed coins, at several different levels. Who graded the raw ones? Where they XF pieces described as VF? Were shill bidders driving the price up? Imagine paying 20% to 30% more than the retail price of a certified coin. That's what shill bidders do and will again, and again, and again, and again. Viewed through an ebay microscope, any market can look screwy. |
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Pillar of the Community
United States
3540 Posts |
Believe there is a point about market price of the coin and how much a difference in CHA CHING there is up or down to the next grade.
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Pillar of the Community
United States
2734 Posts |
Edited by DNA
04/21/2012 10:34 am
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Replies: 23 / Views: 3,955 |
Posted 04/20/2012 7:22 pm
