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Best Solution For TPG?

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Pillar of the Community
pristine2's Avatar
United States
1048 Posts
 Posted 10/07/2013  12:13 pm Show Profile   Bookmark this topic Add pristine2 to your friends list Get a Link to this Message Number of Subscribers
I'm sure this topic has been discussed ad nauseum, but I'd still like some fresh recommendations how to get some coins graded, and which service to use. Seems like PCGS, NGC and ANACS are the only ones worth considering.

There are only 12 coins we want graded right now, a mix of modern & classic:

* Three bust halves.
* Two proof Franklin halves (57, 61) that might be MS67+
* Two proof clad Kennedys (70, 71) that seem to approach MS70 PFUC.
* Five draped bust large cents.

Given this small and perhaps atypical combination, which service would you use? How much hassle & paperwork is involved?

Thanks in advance ...
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zxcccxz's Avatar
Canada
5417 Posts
 Posted 10/07/2013  12:18 pm  Show Profile   Bookmark this reply Add zxcccxz to your friends list Get a Link to this Reply
Since you don't have many coins and since they will come under different categories (modern, classic etc.) The price at NGC or PCGS will be $25-$30 per coin. ANACS will probably charge $15 per coin. So cost wise ANACS definitely is the best. However you may want to go for PCGS since they are all US coins PCGS has the most experience and market credibility in that field. Although since these will be high value coins maybe its worth it to overlook grading costs because a PCGS cert will add more value than the fee. All a personal choice really. Good luck.
Edited by zxcccxz
10/07/2013 12:21 pm
Bedrock of the Community
basebal21's Avatar
13014 Posts
 Posted 10/07/2013  1:19 pm  Show Profile   Bookmark this reply Add basebal21 to your friends list Get a Link to this Reply
I would go with PCGS and just hold off on the Kennedys for now. The would Kennedys have to be their own submission which only two coins for one isn't the most cost effective. Classic and modern coins cant be combined in the same order. You can ship them out in the same package, but they have to have their own orders

But for the other classic coins with PCGS if you get the 199 membership you get 8 free regular submissions for the 199. Those are usually 32 a coin so at 199 it saves you 40 dollars and you get the membership free. You can include the rest of your classic order with it as well.

Theres not really a lot of hassle or paper work youd just have to wait about a week for your voucher to show up in the mail to use. The submissions forms are all pretty standard.
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SsuperDdave's Avatar
United States
23522 Posts
 Posted 10/07/2013  1:31 pm  Show Profile   Bookmark this reply Add SsuperDdave to your friends list Get a Link to this Reply
Hope you don't mind me moving this to where it'll find a more dedicated audience.

Grading is going to involve a membership at PCGS and NGC, which will cost you money but be potentially offset by getting free grading vouchers depending on the membership level involved. ANA members get free submissions to NGC (if you're an ANA member) and ANACS requires no membership. In many instances, PCGS enjoys a clear value advantage in terms of buyer perception. You'll get more money for a PCGS-slabbed coin, plain and simple. As regards "complexity," it's no worse than you'd expect from a system which requires the desired service and expectations to be very clearly laid out, and shipping to be tracked and insured with equal care. I wouldn't call anyone's system a navigational hassle.

At PF67, your Franklins do not justify the cost of grading; even 68 is iffy and you're going to need a minimum of a "Cameo" designation either way. As regards the Kennedys, if you can squeeze a 70, they'll be the first-ever for those dates which is to say it's unlikely. Even at 69 you'll probably need a DCAM designation to generate any real value; PCGS alone has almost 600 in PR69DCAM. The Bust Halves are an easier proposition as long as they grade at least XF or better, especially if they're a scarcer Overton variety which you ought to have put on the slab anyway. Bust Half collectros tend to be knowledgeable about their coins and are more likely to trust their own grading than a TPG, so the "PCGS Premium" lessens. The Large Cents are the best proposition of all, even in lower grades; even the more-populous years of 1800-1803 get a lot of attention. Here also, you'll probably want them attributed by Sheldon variety.

My usual generalized TPG advice: Don't bother unless you're looking at a value in excess of $150(ish) that will also allow you a profit counting the cost of grading, or it's an issue whose authenticity is dubious-enough to warrant "official" authentication.
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