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 Replies: 9 / Views: 2,173 |
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Valued Member
United States
242 Posts |
So I have a 1976 Ike that I bought off ebay that was listed as "Gem Deep Cameo". I knew/know abosolutely nothing about grading but it does look nice. :D My question though is more, how does the grading/slabbing process work and is it worth doing coins like this as a single person? Is there a bulk rate? Costs? etc.. Id love to have it perminently safe and 'professional cleaned' but if I am going to be spending twice its cost on that I have to reconsider. Its only been touched by my hand once and that was on the edge. Its in a 2x2 plastic case with a foam insert now. The case is getting skudgy and somehow a very small piece of hair got into the case and I have no idea how. We didnt even know it was there until me and my dad started using it as our test case for the camera setup he's helping me devlop. (Camera finally works well and the shots look bad because you can see all the scuff marks and bits of dust on the outside of the case you cant see in normal light/eyes.) Id like to know this for future reference too. The coin originally came in a plastic 2x2 flip that was folded over, no case or anything. I would buy more from this dealer and send them in if I thought I could get them preserved well without too much over price. Oh also does someplace like PCGS do basic cleaning? Like get that one piece of hair and any dust off of it? Or do they leave it ALL alone and ill get it back with the hair forever preserved lol. :D Thanks! |
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Pillar of the Community
United States
2150 Posts |
For PCGS, you can pay $129 and that will include membership with submission privileges and a voucher for 4 free submissions. PCGS would most likely remove a stray hair here or there but beyond that they will not clean the coin in any way. I have heard of them dipping a coin if it has a light haze but that doesn't seem the case here. On most modern issues unless it is a very high grade or a cameo or deep cameo, the cost of having the coin slabbed is just not justified. A lot of times the coin will come back with a low grade that makes the cost of submission worth more than the coin.
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Pillar of the Community
United States
1812 Posts |
If your coin is resting on a foam insert, I would remove that insert instantly, as it will damage your coin in time... It is not uncommon to locate old coins in a small plastic case on a foam insert, and when you remove the coin (after years of storage) the foam either sticks to the coin or starts turning the coin black... I know this from experience when I used to purchase coins from estates...
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Bedrock of the Community
13014 Posts |
Quote:
My question though is more, how does the grading/slabbing process work and is it worth doing coins like this as a single person? Is there a bulk rate? Costs? etc.. As far as process it depends on who you pick. PCGS and NGC require memberships, while ANACS doesn't. PCGS has the highest resale premium followed by NGC followed by ANACS. I would pick one of the first two if you were to do it. There are bulk rates for pcgs where each coin only costs 10 dollars but you have to submit 100 or more coins. You can get special labels when you do that too. Normal submission will run you about 30-50 per coin counting shipping, and for moderns about 15 more per coin unless you pick an expedited process. Whether its worth it from a money side depends on the value of the coin and what its likely to grade. Its generally cheaper to buy the coins already graded whether or not you want perfect coins or something else. That way you also know exactly what you will get |
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Bedrock of the Community
United States
10982 Posts |
Without seeing the coin my response would be: "Do not bother certifying". Proof Ike's are common in grades up to and including PR69DCAM. Only a 70 grade will garner a major premium and a 70 grade from a top TPG is virtually impossible to expect or get. |
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Valued Member
 United States
242 Posts |
Yeah, sounds like way over kill for me. I only paid 6 and its already got that hair so I imagine there might be other issues I just didnt see when I put it in.
What cases should I use then for high quality IKEs? I was doin those only because I thought it looked nice at the time but now that I am learning so much and taking more care I might as well start choosing better storage materials. They are 2x2 I think 'Guardhouse' with the foam insert.
I saw the air tites on the air tite website, do people just use them for everything and not worry about them rolling around? lol.
Right now I have the 'deep cameo' ike which was my first and I guess becoming a test coin so I expect to make other mistakes with it and then I have some of those british pennies that probably arent even worth as much as the cases but I collect more for subtle emotional reasons then value. Still I wouldnt want them damaged either after 20 years. Should I just convert to air tites? And leave these for some other non coin use? I wouldnt even wanna hand em off to a starting collector because of it not being good advice to even use them it seems and dont wanna start a bad habbit.
Thanks for all the advice!
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Bedrock of the Community
United States
10982 Posts |
Don't worry about the Air-Tites rolling around. Put them in a small bag if it bothers you.
I blow off coins with "Duster" or something similar after ensuring the bittering agent is cleared.
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Valued Member
United States
242 Posts |
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Bedrock of the Community
United States
10982 Posts |
It's a liquid used to keep people for using canned air as an inhalant.
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Valued Member
United States
242 Posts |
Ahh. I bout a 60 dollar fan driven blower to stop using canned air because I was always afraid of frying my PC with that. Already paid for itself in the amount of canned air I havnt had to buy. Though the thing is strong enough to blow the leaves out of my garage lol even though its hand held about the size of a large coffee can so dont know if that would work well on coins.
My dad gave me a cleaner for camera lenses though. Includes a push bellow blower and a super soft brush. Gunna see how that works. Canned air scares me. :)
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Replies: 9 / Views: 2,173 |
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Posted 09/12/2012 2:37 pm
