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Replies: 24 / Views: 2,769 |
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Valued Member
United States
65 Posts |
Hi all. I am trying to help my dad and stepmother sell some of their coins and need some advice on which service you guys think is best to have some of these coins graded by. The coins (US and World) were saved/collected by my stepmothers father and stored in a lock box in which my father and stepmother recently broke in to bc they didn't have they key. They had no clue what they would find in this lockbox and were pleasantly surprised to see all of these coins. I couldn't believe it when I was finally able to see this vast collection myself. Impressive, so having them graded is a must! Have heard that PCGS tends to lower the grade and that ANAC might be the way to go. How expensive is it per coin? Any info/advice would be greatly appreciated! Thank you!
*** Moved by Staff to a more appropriate forum. ***
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Moderator
 United States
56855 Posts |
Post some pics of the better ones you think should be slabbed. Not all coins should be slabbed. As far as selling slabbed coins,PCGS gets higher values then NGS and then ANACS. John1 
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Pillar of the Community
United States
1531 Posts |
PCGS, PCGS, PCGS! Personal preference, that's why.
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Rest in Peace
United States
10625 Posts |
Please post pictures or at least a list of what you have. You could very well be throwing money away by having coins graded by a TPG service.
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Valued Member
 United States
65 Posts |
I did take a few pics while I was there (they live 2 hrs away from me) but my camera isn't all that great when it comes to coins. Typically use another camera for coins but didn't have it with me. I will try and compile a list of the coins as well as post the best pics I have as soon as I get my son to bed. Thanks for the help.
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Pillar of the Community
United States
8137 Posts |
If you are looking to. Sell them, I would go for either PCGS or NGC as they tend to bring more. The fee is pretty steep as I think it is around $30 per coin.
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Valued Member
 United States
65 Posts |
This collection contains the following and more not listed below bc, like I said before, I do not have the collection in my possession. I am just going by the photos I took. Also, other than the potentially higher grade uncirculated coins, I guess I'm mainly focusing on searching the collection for potential errors. I probably should've posted this topic in World Coins due to the amount of foreign coins there are but figured many of you may be knowledgable in both categories. Is there a grading company that is better than the others when it comes to grading error coins? Here's the list: There are: *20 Walking Liberty half dollars- 1936 P, 1940 P, 1941 D, 1941 S, 3-1942 P's, 11-1943 P's, 1943 D, 1943 S *10 Morgan Silver Dollars- 1879 P, 1880 (unknown bc in a belt buckle), 1881 D, 1881 S (will grade highest of the Morgans),1891 S, 1892 O, 1900 O, 2- 1921 S's, and one 1921 O. *12 Peace Dollars- can't see mint marks from photos but think all but 3 or 4 are Philidelphia- 6- 1922's, 4- 1923's, 1924, 1934 *cant go into detail like this for every type so here are the rest in a nutshell....400 plus wheat pennies some still in rolls, 4 rolls of Franklin half dollars, 200 plus Kennedy halves all in rolls, 4 rolls of Indian head pennies, large cents ranging from 1844-1853, Buffalo nickels, silver Jefferson nickels, Barber quarters, silver Washington quarters, State Quarters, Barber dimes, Seated half dimes, Mercury dimes, silver Roosevelt dimes, gold Presidential dollars, Sacagawea gold dollars, Susan B. Anthony dollars, $2 bills, Canadian dollar bills, railroad tokens, tax tokens, 25 small envelopes containing foreign coins from many different countries, Price of Wales and Lady Diana coin, and some randomly saved other current US and foreign coinage from 50's -early 2000's, etc., etc., etc. Most of the loose coins seem circulated with only a few being questionabley uncirculated. Lots of possibilities for errors. However, I've only been doing this for about a year and a half and still have a hard time spotting/identifying true errors. I still have a WHOLE lot to learn and hope some of you might be willing to help out a newbie. Would love to help my dad and stepmom sell some of these!! Lots to look at and don't really know where to go from here.....any advice/input? Thanks and will try and post some pics soon.
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Valued Member
 United States
65 Posts |
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Pillar of the Community
Korea, Republic Of
1881 Posts |
I recommend you to not even start getting them graded until you completely sort them and learn how to grade them by yourself. Because you are looking for best results when selling, it is necessary that you slab the ones that are generally worth a couple hundred or more. If you decide to slab coins that are worth less than their slabbing price, for example paying $20 to slab a common date, low-grade coin that's worth $10, you won't end up in the black. Please post pics and more lists of coins. Not all uncirculated coins are slab-worthy. Not all circulated coins aren't slab-worthy, either. Learn as much as you can before you make an action. The coins listed above, unless in TERRIFIC condition, aren't worth slabbing. Post close-up photos. Make individual threads for the item (s) in question. That way, you can get some good help. Also, do not clean the coins! It will only decrease their value when cleaned.
Edited by Matteproof 04/30/2014 03:26 am
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Moderator
 United States
56855 Posts |
With all do respect I see nothing jumping out at me as major.I see a lot of damaged silver that is going to be melt value only. The 1881-S Morgan is known for having a strong strike as most S mint Morgans and IMHO not worth the slabbing fees.I am sure you will get more comments from members who focus on certain coins.Take your time and research so you can get the most value for the coins.Good luck and post as many questions as you need to. John1 
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Pillar of the Community
United States
1511 Posts |
 ... No disrespect intended, but unless there's a key date wheatie or other series in there I see nothing (in the photos or list) close to being "slab worthy", in all honesty this is because the values just wouldn't justify the grading cost and if your doing this to sell, you would end up in the negatives after grading fees and the sale.
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Valued Member
 United States
65 Posts |
Wonderful advice and truly appreciative! Thank you guys and will keep the questions coming as I continue searching for that "diamond in the rough". :)
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Pillar of the Community
United States
3486 Posts |
I also see no reason to slab at present. Perhaps the members can tell you which coins to concentrate on and ask you for better photos. Would your family agree to this? Be sure to tell them that the CCF members will assist in any way possible. But we do suggest going slowly. There is nothing worse than just taking the whole bunch to a dealer or "WE BUY SILVER AND GOLD" place. I'd like to see close ups of the Half Dime as it looks quite nice. You also have a love token (The one with the initials engraved on it.) Much of this group will be worth only silver bullion value, but as there are a lot of then the money will be modestly substantial. Perhaps you will find a 'gem' but try to be realistic as well.
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Pillar of the Community
United States
8521 Posts |
I believe that one is a "Chinese fat man" silver dollar and can be worth some money but it's also highly counterfeited.
Oregon coin geek.....*** GO BEAVS ! ! ! ***
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Pillar of the Community
968 Posts |
Nothing worth grading, mostly junk silver. Sell them in lots on ebay and you'll do well enough (couple grand probably, without being more specific) given what you paid for it, lol. FWIW, grading fees for economy submissions (cheapest tier) generally run about $20-$21 a coin at PCGS, give or take a bit depending on the value and how many coins we're talking. My average submission is 15-20 coins and usually runs me around $500 with TrueViews and whatnot.
Edited by chasingtailbar 04/30/2014 12:40 pm
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Pillar of the Community
United States
9796 Posts |
 Nothing here worth slabbing or having professionally graded. Find a local coin shop (I am not familiar with the Suffolk, VA area) that is PNG/ANA as well as PCGS/NGC accreditation. Let them know you are not selling the coins, just wanting them evaluated for insurance, that way if there is by chance something special, hopefully they will point it out to you. ANA/PNG dealers tend to be fairly honest. Stay away from the local pawn shops and gold/silver buying stores, they are basically going to give the least amount possible. I'm also not seeing anything that jumps out and says "Grade me" but one never knows. Advice already given is good, sort out everything by denomination and mint marks, use http://www.pcgs.com/photograde/ to get a basic idea of grades on your coins, then http://www.numismedia.com/fmv/fmv.shtml for pricing information. We will be happy to help as much as we can here at CCF, if you get stuck on a coin or a grade/value.
"Buy the Book Before You Buy the Coin" - Aaron R. Feldman - "And read it" - Me 2013! ANA Life Member #3288 in good standing since 1981, ANS, Early American Coppers Member (EAC), Colonial Coin Collectors Club member (C4), Conder Token Collector Club member (CTCC), Civil War Token Society (CWTS) member, Liberty Seated Collectors Club (LSCC) & Numismatic Bibliomania Society member (NBS), USMex, Member in good standing, 2¢ variety collector. See my want page: http://goccf.com/t/140440
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Replies: 24 / Views: 2,769 |