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Some Prof. Coin Grading Questions

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Collectinator's Avatar
Canada
184 Posts
 Posted 04/18/2014  09:44 am Show Profile   Bookmark this topic Add Collectinator to your friends list Get a Link to this Message Number of Subscribers
Hi guys, I have some questions about prof. coin grading. I'm guessing that the best company to use is CCCS judging by how many people on the Canadian forum use it, but I'm wondering how much it would cost to send a coin for grading. Also, in the grand scheme of things, how much would it cost for the grading of a coin and S/H in the end? I'm also guessing that it's only worth grading coins worth big money. How many coins do you usually send at once?
Edited by Collectinator
04/18/2014 09:50 am
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kuh_85's Avatar
Canada
2366 Posts
 Posted 04/18/2014  12:35 pm  Show Profile   Bookmark this reply Add kuh_85 to your friends list Get a Link to this Reply
Personally I find ICCS is more widely recognized/respected due to its longer history. However I have many CCCS coins in my collection and find the grading is just as good. ICCS limits their comments to varieties from Charlton while CCCS allows you to state pretty much what you like in the comments. ICCS offers only soft flips while CCCS gives you the choice of flips or slabs. ICCS does not use the Internet. Here is a link to CCCS pricing. http://www.canadiancoincertificatio...hp?c=17&lg=1
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kuh_85's Avatar
Canada
2366 Posts
 Posted 04/18/2014  12:38 pm  Show Profile   Bookmark this reply Add kuh_85 to your friends list Get a Link to this Reply
p.s. Also consider PCGS for the very highest grade/value coins. More widely recognized in the world market. My personal experience has been that when I have, for example, a PCGS MS66 (newly graded, not necessarily the older ones in the older style slabs) and an ICCS MS66 in hand the PCGS MS66 is more likely to be the nicer coin. This doesn't apply at the lower grades though and PCGS is more expensive.
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Collectinator's Avatar
Canada
184 Posts
 Posted 04/18/2014  1:07 pm  Show Profile   Bookmark this reply Add Collectinator to your friends list Get a Link to this Reply
Ok, thanks for all the info kuh 85
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Collectinator's Avatar
Canada
184 Posts
 Posted 04/18/2014  4:30 pm  Show Profile   Bookmark this reply Add Collectinator to your friends list Get a Link to this Reply
Does it really cost $30 if you're only sending ONE coin?
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dialog_gvf's Avatar
Canada
1581 Posts
 Posted 04/18/2014  6:09 pm  Show Profile   Bookmark this reply Add dialog_gvf to your friends list Get a Link to this Reply

If the coin is worth using a TPG, then is $30 really that much?
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Collectinator's Avatar
Canada
184 Posts
 Posted 04/18/2014  6:55 pm  Show Profile   Bookmark this reply Add Collectinator to your friends list Get a Link to this Reply
Would getting a coin graded raise the value then?
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kuh_85's Avatar
Canada
2366 Posts
 Posted 04/18/2014  7:00 pm  Show Profile   Bookmark this reply Add kuh_85 to your friends list Get a Link to this Reply
It doesn't raise the value. But if you're selling it on ebay it does raise the percentage of that value that someone is willing to pay for it.
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Universalcoins's Avatar
Canada
147 Posts
 Posted 04/23/2014  4:44 pm  Show Profile   Bookmark this reply Add Universalcoins to your friends list Get a Link to this Reply
I've warmed up to CCCS a lot over the last couple of years. ICCS grades based solely on the obverse and pretty much ignores the reverse. I've also started having issues with ICCS' holders. The inner pocket they use adheres to some coins, especially brown coppers and this makes it next to impossible to even see the coin.

Its gotten to the point that I'm not even bothering to grade the '48 I purchased recently.
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Pacificoin's Avatar
Canada
5394 Posts
 Posted 04/23/2014  8:22 pm  Show Profile   Check Pacificoin's eBay Listings Bookmark this reply Add Pacificoin to your friends list Get a Link to this Reply
Almost every grading company grades by the obverse no matter what the reverse looks like. Great example take a wonderful PL Morgan dollar that is a lock PL67 reverse
with a hammered baggy PL 60 obverse. The coin sure won't grade 64 it will be a 60.
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Universalcoins's Avatar
Canada
147 Posts
 Posted 04/24/2014  10:19 am  Show Profile   Bookmark this reply Add Universalcoins to your friends list Get a Link to this Reply
I have no doubt that graders will give much greater weight to the obverse than they would the reverse, but I've had some coins come back where the obverse looks great and the reverse looks like heck. If given an opportunity to purchase these coins, I would have no choice but to take that into account because my customers want quality on both sides of the coin.

That's why I find companies like ICCS frustrating. Combined with the issues I have with their flips, I find third party grading can actually make a transaction more difficult.
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