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What's The Cheapest You Can Grade A Coin?

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Superhal's Avatar
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 Posted 10/06/2013  4:39 pm Show Profile   Bookmark this topic Add Superhal to your friends list Get a Link to this Message Number of Subscribers
Im trying to figure out if some ebay deals on slabbed rolls are too good to be true.

Ps. Not including limited time specials.

Thanks. :)
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fioti's Avatar
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4212 Posts
 Posted 10/06/2013  5:04 pm  Show Profile   Bookmark this reply Add fioti to your friends list Get a Link to this Reply
Slabbed rolls?
That's a big holder!
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basebal21's Avatar
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 Posted 10/06/2013  5:14 pm  Show Profile   Bookmark this reply Add basebal21 to your friends list Get a Link to this Reply
What do you mean too good to be true?
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amida17's Avatar
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 Posted 10/06/2013  5:24 pm  Show Profile   Bookmark this reply Add amida17 to your friends list Get a Link to this Reply
I realize what you really mean.
But "What's the cheapest you can grade a coin?"
Right here!. Personally I would trust a concensus on CCF as much as a TPG any day.
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BStrauss3's Avatar
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 Posted 10/06/2013  8:34 pm  Show Profile   Bookmark this reply Add BStrauss3 to your friends list Get a Link to this Reply
Bulk grading at $5/coin
-----Burton
50+ year / Life / Emeritus ANA member (joined 12/1/1973)
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Author: 3rd Edition of the Sample Slabs book, https://www.sampleslabs.info/
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Superhal's Avatar
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 Posted 10/06/2013  9:29 pm  Show Profile   Bookmark this reply Add Superhal to your friends list Get a Link to this Reply
Example:

http://www.ebay.com/itm/FULL-ROLL-4...em3f29f55307

A PR or MS 70 90% silver quarter should be worth about 10 bucks per coin, plus 5 for slabbing, so maybe 15 bucks per coin. I'm usually seeing them sell for about $5-6/coin.
Edited by Superhal
10/06/2013 9:51 pm
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basebal21's Avatar
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 Posted 10/06/2013  9:46 pm  Show Profile   Bookmark this reply Add basebal21 to your friends list Get a Link to this Reply
SGS isn't a real grading company so I dunno what they charge.

In your other tread I discussed the costs some.

But only buy PCGS NGC ANACS coins on ebay. PCGS and NGC are considered the best in that order followed by ANACS. Some people like ICG too and theyre a real TPG but have the lowest premiums on their coins.
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basebal21's Avatar
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 Posted 10/06/2013  9:57 pm  Show Profile   Bookmark this reply Add basebal21 to your friends list Get a Link to this Reply
A real PR 70 silver quarter sells for like 30 dollars minimum. MS 70 silver quarters dont exist with real TPGs. PCGS has a hand full of 68s for the old silver quarters and maybe a 69 or two but if there is a 70 you can likely count the number on your fingers. Their population report has none listed even including the 76 bicentennial silver. If there is one it wont be 5 dollars itll be 5 figures minimum.
Edited by basebal21
10/06/2013 9:58 pm
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Conder101's Avatar
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 Posted 10/07/2013  02:48 am  Show Profile   Bookmark this reply Add Conder101 to your friends list Get a Link to this Reply

Quote:
Slabbed rolls?
That's a big holder!

So far there have been four companies that I know of that have slabbed rolls, Ballard, ANACS, ICG, and PCGS. The only one with a really large holder was Ballard which slabbed entire original(?) rolls of Morgan dollars. The slabs were about 12X14 inches. The rest of the companies slabbed the rolls in tube form. ANACS slabbed the 2009 Bicentennial Lincoln cents in clear plastic tubes. ICG and PCGS slabbed President dollar rolls in octagonal plastic rolls. PCGS used clear plastic, and for some reason ICG used opaque red or blue plastic that you could not see any part of the coin through. As far as I know I don't believe NGC has ever slabbed rolls.
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SsuperDdave's Avatar
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 Posted 10/07/2013  07:31 am  Show Profile   Bookmark this reply Add SsuperDdave to your friends list Get a Link to this Reply
SGS, of course, isn't a valid TPG and that seller *is* SGS, so he can charge whatever he feels like. In the real world, where honest TPG's exist, I don't believe PCGS, NGC or ANACS have slabbed a PR70 1957 Washington quarter. I *think* 1962 is the earliest year with a PR70 Washington.

Valid question, though. Of the three, I believe NGC has the best "bulk submission" deals, something around $8 per coin. The reason you occasionally see real bargains in slabs (aside the ones which have inadvertently been sold at a great loss) is that dealers submit piles of coins in search of occasional high-grade results. One MS70 or PR70 will provide a profit which compensates for a whole lot of 69's, and they just dump the lower-grade results on the market for whatever they will bring.
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