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 Replies: 15 / Views: 5,450 |
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New Member
United States
25 Posts |
I have several nice coins with key dates. I find lately that selling on online auctions or e-bay it is almost a must to have a slabbed graded coin to get full value. For instance slabbed graded 2013 S eagles always fetch 45+ if slabbed. I also have a question on "conservation" or "restoration" services. Will this up the grade of your coin? I will post an example. I know all too well most old coins have been dipped or cleaned and dipping done properly seems ok to me but I don't wan to do it myself. Anyway, I will show a pic of a coin I really like and maybe someone can give me some feedback. This is not really a high value coin but I love the look and and other than the awful black residue I think it would be a nice collectible to hold It just looks like crap! 1886-v nickel (kid of rare) most V's I come across are worn. I am fairly sure if it was restored it would have full liberty. It's almost as if the corrosion preserved it  Any hope TPG restoration would make this something I would like to look at?   |
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Bedrock of the Community
United States
10982 Posts |
Chances are there is damage under the crud and even conservation would land it in a problem holder. NCS is affiliated with NGC and would be the route to go if attempting to salvage a piece such as this. I would guess you're looking at a $100 bill to conserve and holder that piece. When finished you might have $100 coin give or take $50.
It is not something I would try but if you have the time, money, and gambling instinct it might be worth a try. If you do have nice key dates, then PCGS would be the grading company of choice these days.
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Pillar of the Community
United States
2543 Posts |
Quote:
For instance slabbed graded 2013 S eagles always fetch 45+ if slabbed. Let's see , $27 for an Eagle, ( if you can find one for that, more like $30 ) add another $30 for grading. Now your $57 coin is selling on ebay for $45+. Are you sure you want to due that ? But again, even if you pay for grading and restoration on your coin, it still will not be graded, it will come back as genuine but details. Meaning enviro damage or cleaned. |
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Bedrock of the Community
13014 Posts |
Pcgs has a conservation service too, I've never used theirs of NGCs so I have no idea what's better. There are instances where it would up the value, though if the damagae is corrosive its probably better to leave that then expose huge pits in the surface.
Pcgs is the number 1 right now like mentioned and I believe their costs for slabbing are the same as NGC so I would go with them as well.
@denco its only 16 to slab an egale as long as you don't give it its own order. 30 is the pre 64 over 300 dollar or gold coin price.
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Pillar of the Community
United States
2543 Posts |
Thanks @basebal, Is that $16 a special deal, or for any Eagle anytime. Had no idea it was so low.
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Bedrock of the Community
13014 Posts |
Its any eagle anytime. Anything after 1964 thats worth 1k or less can be sent in for 16 dollars in their modern tier. The 64 and before coins you can send it in for 20 in the economy tier if its not gold and under 300 dollars, and over 300 or gold its 30 for the regular.
The moderns arent bad at all if you send in a bunch at a time, pretty good turn around time usually too.
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New Member
 United States
25 Posts |
Thanks guys, The Graded MS 69 eagles I bought slabbed and graded in quantity for cheap about a buck more than a typical BU Eagle. Anyway that is where I get the premium part on ebay. They do sell for much more slabbed online at least my reg San Fran Eagles did and still are. Never actually submitted any myself for grading yet. No hope for a coin like this ey? That sucks! Thanks, Jon |
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Pillar of the Community
United States
2543 Posts |
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They do sell for much more slabbed online at least my reg San Fran Eagles did and still are.[ The SF Eagles are a unique case in that they are the exact same coin as the West Point Eagle and have no mint mark to distinguish them. The only way to distinguish a SF Eagle is to send a sealed monster box (500 coins ), with the SF Mint straps still intact, to a TPG then and only then will they slab it as a SF Eagle. |
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New Member
United States
25 Posts |
yes, the 1886 V is a key date and probably worth the effort and cost. It's so UGLY!
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Moderator
 United States
16679 Posts |
IMHO, not worth the time and money. Your coin is too pitted and corroded for any substantial return on your investment.
It is a scarce date but I'm in agreement with BH1964.
swcoin.ecrater.com
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Bedrock of the Community
United States
17884 Posts |
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. I find lately that selling on online auctions or e-bay it is almost a must to have a slabbed graded coin to get full value. For instance slabbed graded 2013 S eagles always fetch 45+ if slabbed.
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@denco its only 16 to slab an egale as long as you don't give it its own order. If you ignore the added shipping and insurance costs both ways. Figure those in and you are back up close to the $30 level unless you are doing large bulk shipments. Even ignoring the S&I $27 - $30 ASE + $16 TPG is $43 - $46 cost less $5.16 in ebay and Paypal fees for a $45+ sale = a loss of $5+ per coin. With the S&I to the TPG maybe a $13 - $21 loss total for anything that doesn't come back as a 70, maybe a break even on a 69. |
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Bedrock of the Community
13014 Posts |
If youre sending in a shipment anyway theres really no added cost to throwing a couple eagles in to the order in most instances and its real easy to check their shipping prices and see how many you can put in before you get the price increase.
Its not a great way to make money by any means though you can break even with patience and I'm a big believer if you want modern 70s just buy them that way, but if youre happy with 69s its not a bad deal
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Pillar of the Community
United States
627 Posts |
If I were getting a coin conserved, I'd go with NGC's service (NCS). They have been in the business for many years. PCGS just started their copy-cat conservation service in the past 6-9 months. Which would you rather have, the newbie conservators playing around with chemicals with your coins, or the company who has been doing it for years, and has conserved thousands and thousands of coins. Not to mention, the Smithsonian trusts NGC with their coins. Enough said. All of that being said, I think your 1886 Liberty nickel is likely beyond help. It looks as though the surfaces are heavily pitted. Though, conservation may keep it from getting worse (?). |
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New Member
United States
25 Posts |
"If you ignore the added shipping and insurance costs both ways. Figure those in and you are back up close to the $30 level unless you are doing large bulk shipments. Even ignoring the S&I $27 - $30 ASE + $16 TPG is $43 - $46 cost less $5.16 in ebay and Paypal fees for a $45+ sale = a loss of $5+ per coin. With the S&I to the TPG maybe a $13 - $21 loss total for anything that doesn't come back as a 70, maybe a break even on a 69." Ya I agree with you it would be a slim if any margin. I accidentally turned this into an Eagle flipping Post. I probably will get the original coin cleaned. My camera takes such microscopic pics. It won't be bad once it's cleaned and I'm keeping it anyway. If you look at the pick that is a smooth laminate desktop lol. From a foot away the coin should look fine in 50 years. As far as the Graded Eagles. Here was the deal.... In late April ST was offering 5 dollars off all/each NGC slabbed Eagle orig price around 36 AND free shipping. A deal I could not pass up so I bought as many as I could they shut the deal down pretty quick. I do buy and hold bullion eagles and other bullion coins and bars to hold long term just not in this case. The reference to NGC's (PCGS & NGC in particular) was just because of the apparent premium they get on online sales. I don't think that can be disputed. Been getting mid 50's for most and a few in the 60's for that batch. I sold one tonight @ $62. But that is really not collecting I just stumbled on a good short term opportunity. I joined the board to learn more about real collecting and so far have got a lot of info here and some other good forum sites just by reading and some nice feedback. Thanks guys, Jon |
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Bedrock of the Community
13014 Posts |
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Which would you rather have, the newbie conservators playing around with chemicals with your coins, NGC may very well be better at that I have no personal knowledge of either, but I highly doubt PCGS hired a bunch of "newbies" who are playing around with chemicals figuring it out as they go. Quote:
As far as the Graded Eagles. Here was the deal.... In late April ST was offering 5 dollars off all/each NGC slabbed Eagle orig price around 36 AND free shipping. A deal I could not pass up so I bought as many as I could they shut the deal down pretty quick. Thats a fantastic deal, great job grabbing all you could on that one |
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Valued Member
United States
307 Posts |
Since NGC seems to do most of the Eagles, you might want to consider them more.
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Replies: 15 / Views: 5,450 |
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Posted 05/06/2013 07:21 am
