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Acg Certified Morgan Dollars

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Author Previous TopicReplies: 12 / Views: 1,632Next Topic  
New Member

United States
1 Posts
 Posted 06/13/2013  6:26 pm Show Profile   Bookmark this topic Add MCT1959 to your friends list Get a Link to this Message Number of Subscribers
Was wondering if I should break the coins out from the ACG holders and sell them Raw or get them regraded..All are graded MS65 or better...various years (No Carson City)...1881 - 1904
My Grandfather had these graded by them in 1980's Probably because they where the least expensive and closet to him at the time.
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Scropper's Avatar
United States
702 Posts
 Posted 06/13/2013  10:23 pm  Show Profile   Bookmark this reply Add Scropper to your friends list Get a Link to this Reply
If you have to sell them (pity), yes, have them graded by a reputable TPG. It could be a case by case basis, but figuring you don't have anything invested, you'll get better money from decent TPG grading than leaving them where they are.... Well, now, that depends... How are you planning to sell them? Are you taking them to a dealer or selling them yourself on ebay?

If you're selling them yourself, you could leave them be, but it's a gamble. If you get some knuckleheads bidding that don't know better, you may get better money, but of course you'll be messing with collectors that should honestly know better in the first place. If only people that know what they're looking at bid, they'll bid accordingly.

My guess is if you left them be, some might sell low, some might sell high, and it might even out for you in the end. But if you want to be a reputable, honest seller, get them out of the ACG slabs, get them in honest slabs and you should do the best that way.

If you're taking them to a dealer, they'll pay you under graysheet ask (or bluesheet) for them, but at least you'll be getting decent money from them. If you don't know any reputable dealers, this is definitely the way to go. IF you know fantastic dealers, you could risk selling them as is or raw and you'll probably do fine.

If you don't know any reputable dealers, you could shop them around at a show...

Too bad you have to sell them. Good luck!
Edited by Scropper
06/13/2013 10:25 pm
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NathanASE's Avatar
United States
1511 Posts
 Posted 06/13/2013  11:01 pm  Show Profile   Bookmark this reply Add NathanASE to your friends list Get a Link to this Reply
For maximum resale value getting them graded by one of the top three third party graders (in order- PCGS, NGC & ANACS, but personally for me with Morgans I'd go with ANACS and also get the VAMs attributed, you could have some valuable ones) would probably be your best bet.. And ANACS would also be your cheapest bet, No membership fees.

I'm not too familiar with ACG, meaning I haven't seen many coins encapsulate by them, nor do I know how "accurate" they are in there grading, so you should just know that even though they are all 65 and up right now there's a chance that many if not all, will not receive the grade they have now. They very well could be lower, far lower in some cases.

Most coins graded by companies other than the top 3 sell the same as they would if they were raw. And smart collectors will buy "the coin and not the slab" anyways, so if the ACG grade is MS-65 but the coin is definitely not most buyers will only pay what thy feel reasonable by looking at the coin, they won't just dish out 65 money because a non reputable/well know/commonly used (today) company says it is.

I'd love to see some good, detailed pics of the coins in question... I'm quite curious to see how accurate they are in there grading compared to the top 3... Like I've said I've seen few and never really looked closely at them... So if at all possible could you post some pics in this thread? It would help to better advise you because if there lower than the listed grade and common dates selling them raw might be your best bet as your going to put money into them if you have them graded... Money you probably would like to make back... At the very least, lol. But if they happen to be around MS-66's then getting them graded is probably a decent idea.
Edited by NathanASE
06/13/2013 11:03 pm
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vermontensium's Avatar
United States
16679 Posts
 Posted 06/13/2013  11:03 pm  Show Profile   Check vermontensium's eBay Listings Check vermontensium's eCrater Listings Bookmark this reply Add vermontensium to your friends list Get a Link to this Reply
ACG is a joke. Send em to one of the "Big 3".
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NathanASE's Avatar
United States
1511 Posts
 Posted 06/13/2013  11:10 pm  Show Profile   Bookmark this reply Add NathanASE to your friends list Get a Link to this Reply
Thanks Vermontensium, lol, that's kind of what I thought but didn't want to give the OP bad advise and speak ill of them (ACG) without being 100% positive.

Again, posting pics would be a great help to us... Because if they are low grade MS (or lower) selling them raw could be your best bet or you might put almost as much into grading them as you get for selling them. but if there mid grade examples getting them graded may very well be worth your while.. So again pics would be a huge help.
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solotime's Avatar
United States
2311 Posts
 Posted 06/13/2013  11:56 pm  Show Profile   Bookmark this reply Add solotime to your friends list Get a Link to this Reply
There is a high chance they might be MS-63 or lower.
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BH1964's Avatar
United States
10982 Posts
 Posted 06/14/2013  03:08 am  Show Profile   Check BH1964's eBay Listings Bookmark this reply Add BH1964 to your friends list Get a Link to this Reply
When Alan Hager started Accugrade in 1984 he did a good job. The large Photoslabs have many collectors and are usually close grade wise to where they should be. Later in the 1980's Alan went to smaller slabs and got greedy. Coins were deliberately over-graded and then ACG Accugrade was sold and got even worse (from what I understand). Anyway, I wouldn't crack them out unless you are having them re-graded. If they are graded 65 and up chances are they are from the later years and over-graded several points. Perhaps note the coins are guaranteed genuine only when selling.
ANA #R3154474
New Member
United States
1 Posts
 Posted 06/14/2013  09:28 am  Show Profile   Bookmark this reply Add MCT1959 to your friends list Get a Link to this Reply
Thanks Everyone for the input..I'm going to take them out and send to Anacs..as Mentioned could possibly have some nice Vams..Thank you all for your replies and sugestions.
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NathanASE's Avatar
United States
1511 Posts
 Posted 06/14/2013  3:56 pm  Show Profile   Bookmark this reply Add NathanASE to your friends list Get a Link to this Reply
good choice. Could you still possibly post some pics? I'd still like to see how accurate there grading was... Just out of curiosity.
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SsuperDdave's Avatar
United States
23522 Posts
 Posted 06/14/2013  4:26 pm  Show Profile   Bookmark this reply Add SsuperDdave to your friends list Get a Link to this Reply
Not to mention if we can get a head start on VAMming them for you, we can possibly save you some attribution fees for the varieties which don't warrant it; that will likely be the vast majority.
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miket's Avatar
United States
258 Posts
 Posted 06/14/2013  4:35 pm  Show Profile   Bookmark this reply Add miket to your friends list Get a Link to this Reply
Plus someone here may want to buy some. ;o)
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SsuperDdave's Avatar
United States
23522 Posts
 Posted 06/14/2013  5:44 pm  Show Profile   Bookmark this reply Add SsuperDdave to your friends list Get a Link to this Reply

Quote:
Plus someone here may want to buy some. ;o)


Not from a brand-new member.
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BH1964's Avatar
United States
10982 Posts
 Posted 06/14/2013  9:08 pm  Show Profile   Check BH1964's eBay Listings Bookmark this reply Add BH1964 to your friends list Get a Link to this Reply
Here's some slab info that many of you have probably seen before. It's worth a look.

Guess that site is not allowed. Here's a screen shot from part of one page.

Acg-Certified-Morgan-Dollars
ANA #R3154474
Edited by BH1964
06/14/2013 9:10 pm
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