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Getting My Coins Graded And The Best/Safest Way To Do It?

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soccerplyr0004's Avatar
United States
45 Posts
 Posted 01/27/2014  11:04 pm Show Profile   Bookmark this topic Add soccerplyr0004 to your friends list Get a Link to this Message Number of Subscribers
If there is a place that has this information already I would appreciate being redirected there. However, I was wondering what is the best way to find a coin dealer who is able to ship my coins at a discounted rate so that I may get them graded? I do know that dealers normally have discounted rates for getting coins graded because they are already members of grading services but how do I go about finding them and second making sure that I can trust them. My coins are Morgans and Liberties, some of which are very rare and from seeing past coin dealers are confirmed to be real not counterfeit. I really only want to get some graded so that I possibly could sell them to help pay off my student loan debt. Which brings me to which coins from my set should I look at grading first? http://imgur.com/a/DoJIo#0 All help is greatly appreciated and thanks for taking time to look.
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basebal21's Avatar
13014 Posts
 Posted 01/27/2014  11:10 pm  Show Profile   Bookmark this reply Add basebal21 to your friends list Get a Link to this Reply
In all honesty the safest way is to join and do it yourself.
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soccerplyr0004's Avatar
United States
45 Posts
 Posted 01/27/2014  11:16 pm  Show Profile   Bookmark this reply Add soccerplyr0004 to your friends list Get a Link to this Reply
If I were to do that is PCGS or NGC better at the moment?
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SsuperDdave's Avatar
United States
23522 Posts
 Posted 01/27/2014  11:20 pm  Show Profile   Bookmark this reply Add SsuperDdave to your friends list Get a Link to this Reply
Dealers get discounted rates not because they're "already members," but because of the sheer volume of coins they submit. These discount deals usually specify certain issus - ASE's and the like - and the fact that a dealer gets a discount for the huge number of Lincolns he sends in (for instance) doesn't mean he'll get a discount for sending in Morgans. And none of that means he'll be willing to pass that discount on to you - after all, he's expending labor to do you a service, and deserves compensation for that.

Not all dealers (in fact, very few) actually earn such discounts.

Whether or not a coin deserves slabbing directly relates to its' value in grade, presence of added-value variety and/or popularity as a counterfeit (to reassure potential buyers). Frankly, the Imgur set doesn't offer much evidence as to the accuracy of the grades printed on the flips, so it's tough to offer opinions on specific coins in the set. We'll be more than happy to help, but far more accurate images would be necessary for the vast majority of your coins. The 1892/93/94 Morgans and 1921 Peace dollars are probably worthy regardless of grade, but the rest would be case-by-case decisions.

Added in view of your later post: PCGS slabs enjoy the best ROI in the current market, and are probably the way to go if you're going to join and submit yourself.
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soccerplyr0004's Avatar
United States
45 Posts
 Posted 01/27/2014  11:25 pm  Show Profile   Bookmark this reply Add soccerplyr0004 to your friends list Get a Link to this Reply
The pictures were for insurance purposes only; hence, the less the average quality. Thanks for the advice though. Haven't really thought much about my coins this last year since I had no need to but being out of school has changed that. If I get a chance to take pictures what is the best way to do so. I tried at one point to scan them but had no luck with the quality. Is there a certain way to scan the coins to get optimal quality?
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sel_69l's Avatar
Australia
21786 Posts
 Posted 01/27/2014  11:32 pm  Show Profile   Bookmark this reply Add sel_69l to your friends list Get a Link to this Reply
with basebal21.
The next best thing is to compare your grading skills with us here in the CCF, and post some pictures up, for everybody to have a go at. That certainly works best for coins that may have a potential value of less than $100.

Costs you nowt as well!
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SsuperDdave's Avatar
United States
23522 Posts
 Posted 01/27/2014  11:35 pm  Show Profile   Bookmark this reply Add SsuperDdave to your friends list Get a Link to this Reply
Scans are very good for technical detail, but pretty much obscure luster and surface condition (i.e., signs of cleaning). So they're not a complete solution.

We have a dedicated Photography forum, and some pretty serious photographers here. You're welcome to post a "how can I improve my images" thread there and we'll be happy to help. You'll want to include information about your camera so we can tailor the advice to the equipment you have in addition to the generic advice which is relevant across all platforms.
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soccerplyr0004's Avatar
United States
45 Posts
 Posted 01/27/2014  11:35 pm  Show Profile   Bookmark this reply Add soccerplyr0004 to your friends list Get a Link to this Reply
Problem is I went to 2 different dealers just to get see how they thought the coins should be graded and both had varying views on which they thought we cleaned versus those that were truly circulated. I've read cleaning can be very difficult to determine in some cases which it seemed when visiting the dealers.
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SsuperDdave's Avatar
United States
23522 Posts
 Posted 01/27/2014  11:47 pm  Show Profile   Bookmark this reply Add SsuperDdave to your friends list Get a Link to this Reply
That's not an unexpected outcome. Cleaning is a very subjective opinion in many cases, and it's a chance you're going to be taking with the TPG as well.
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soccerplyr0004's Avatar
United States
45 Posts
 Posted 01/27/2014  11:54 pm  Show Profile   Bookmark this reply Add soccerplyr0004 to your friends list Get a Link to this Reply
Yeah it seems maybe getting good quality pictures and posting them here would be another way to get some more eyes on them so I can hopefully better my odds before sending a coin to get graded.
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edweather's Avatar
United States
7375 Posts
 Posted 01/27/2014  11:55 pm  Show Profile   Bookmark this reply Add edweather to your friends list Get a Link to this Reply
I recently just got my first 2 coins graded. Initially I called a few coin dealers in my area, but none of them were submitting coins at this time. So I eventually settled on ANACS for my first submission because it was inexpensive and the paperwork seemed pretty simple. They were running a special for 2 free grades, plus you don't have to pay to join anything. I think they are running a special now for 10 silver dollars for $10 per coin.

I was happy with the results, and next time I might and try PCGS.
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sel_69l's Avatar
Australia
21786 Posts
 Posted 01/28/2014  12:09 am  Show Profile   Bookmark this reply Add sel_69l to your friends list Get a Link to this Reply
At least, in the CCF you may get a range of grading opinions, but they will not have a vested interest attached to them, as a dealer would.
Just read every opinion, and make up your own mind why you agree or disagree with each of them. If you get enough grading opinions, you can average them.
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basebal21's Avatar
13014 Posts
 Posted 01/28/2014  12:09 am  Show Profile   Bookmark this reply Add basebal21 to your friends list Get a Link to this Reply
Also the best deal when you join at PCGS right now is the 199 with 8 free submissions. Save the vouchers for older coins and use them on the secure plus regular service to get the most value out of them. It comes out to the membership being free and a substantial savings on the grading when it you pick that membership over the 50 dollar one.
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soccerplyr0004's Avatar
United States
45 Posts
 Posted 01/28/2014  12:24 am  Show Profile   Bookmark this reply Add soccerplyr0004 to your friends list Get a Link to this Reply
Thanks basebal21 you answered a question I was going to ask without me having to ask
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