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 Replies: 26 / Views: 3,301 |
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Valued Member
United States
255 Posts |
Poll Question
Do you have your coins submitted to a grading service? If so,, under what circumstances? I have never stabbed any coins but am thinking I might do some more valuable ones that I intend to leave to next generations.
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Pillar of the Community
United States
7195 Posts |
I have only had four coins graded. One was for verification of a rarity, another was for protection of an older proof coin and the other two were due to quality and value. So for me it was multiple reasons.
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Valued Member
United States
203 Posts |
I voted to verify authenticity especially if it is a heavily counterfeited coin. I would probaly also say for grading MS coins if the value was high enough.
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Moderator
 United States
189340 Posts |
No, never.  Although I would buy a slabbed coin would be to establish authenticity, I feel that the expense should be covered by the seller, not myself.  |
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Pillar of the Community
United States
1116 Posts |
Although I have not yet sent any coin out to be graded (have contemplated doing it) I look at a graded coin as an item whose value has been judged and whose value can easily be looked up. It's like a coin whose value is always there.
This may be inacccurate but it is my reason for buying a graded coin. The only drawback to such a coin is that they are not easily stored unless it is an a box from a grading company.
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Valued Member
United States
402 Posts |
I used to have my CC Morgans graded but now I only buy graded if the coin has a high value like a 14-D Lincoln. Too much counterfit going around.
edgman
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Bedrock of the Community
13014 Posts |
Ive sent a few in myself but rarely do that anymore. Its far cheaper and easier to just buy what you want and let the seller deal with the losses of coins that dont grade what they wanted. Most of my collections are slabbed but I do have an unslabbed type set going which Ill break slabs for but try to keep the price under 150 for coins Ill break out. I like the circulated look for many older coins better anyway, more history to it.
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Pillar of the Community
United States
3755 Posts |
I slab keys and higher grade coins. I have an 1877 IHC, a wicked toned 73 Brown Box Ike and a 1922 LWC at ANACS as we speak. The IHC to make sure its authentic and see if I got the grade right, the Ike simply because its a beautiful coin and I want a grade, and the LWC to determine exactly which it is, weak or no D. So I get mine graded for any number of reasons. I have a 38D Walker waiting to go, plus a few others. |
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Pillar of the Community
Australia
7096 Posts |
Quote:
No, never.
Although I would buy a slabbed coin would be to establish authenticity, I feel that the expense should be covered by the seller, not myself.
 i have never sent a coin to be slabbed But have bought slabbed coins and taken them out of the slab for my collection   |
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Pillar of the Community
United States
3184 Posts |
get the more expensive coins slabbed
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Pillar of the Community
United Kingdom
1351 Posts |
I have seen counterfeit coins slabbed as originals and coins incorrectly attributed (from the 2 biggest US TPG).They were always British coins. So never. |
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Pillar of the Community
Canada
535 Posts |
I have never had a coin slabbed and have no intentions of ever doing it in the future
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Pillar of the Community
Canada
1177 Posts |
I'm looking to slab about 50 coins, always nice to read threads like this!
- J
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Pillar of the Community
United States
1704 Posts |
I sent four coins in to NGC, one came back as cleaned a 1949-D Franklin with full bell lines, it never has been, one came back with the correct grade (MS-65) but the label was printed with the wrong date and they wouldn't attribute the error variety it is, a 1959 Franklin half with the double die reverse, the third coin was the grade I had expected it would get (MS-66) but they left off of the label that the dime has full split bands a 1941-S. The fourth coin was a Three Cent Silver with a 180 degree rotated reverse which got a grade lower than I had expected it to get. It was a solid AU with virtually no wear and they deemed it an XF-45. I doubt I will ever send another coin to NGC for grading. I do have an 1891 Liberty Seated dime I'm thinking of sending to PCGS because if it isn't uncirculated it definitely is an AU-55 at least if not an AU-58. I bought it off of ebay and got it at a super low price. An 1889 the seller had which ended a few minutes after the 1891 went for almost double what I paid for the dime I got and it wasn't quite as nice. Ed ANA LM-3175 |
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Pillar of the Community
Australia
4411 Posts |
I have sent one coin to be graded and the reason I have done so is I am considering selling it and once graded it could bring much more.
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Pillar of the Community
United States
3276 Posts |
Quote:
No, never.
Although I would buy a slabbed coin would be to establish authenticity, I feel that the expense should be covered by the seller, not myself. Couldn't have said it better myself. I would never pay for that service, and I don't like slabs. I have bought slabbed coins, but all of them have been freed and placed in my albums. I like to buy slabbed coins for keys that may be faked a lot. |
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Replies: 26 / Views: 3,301 |
Posted 10/01/2012 4:44 pm
