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 Replies: 7 / Views: 1,882 |
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Valued Member
United States
291 Posts |
Let me preference this by saying I do not want this to turn into an X vs. X thread or X is awful, etc...
I have approx 50 world gold coins (largely in AU condition) from approx 20 countries that I am looking to get authenticated & graded. Average date range is 1850 - 1930.
The coins will ultimately be sold, but probably not for a few years. The coins are in America. As I have complete faith in both PCGS and NGC for authentication, will it make a resale difference which company I go with?
Any suggestions, comments, etc... would be much appreciated.
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Pillar of the Community
United States
2589 Posts |
Without knowing what the country, date, denomination, and grade are for each coin its difficult to say. There are some coins that NGC will grade that PCGS won't and vice versa. Some coins might actually sell for more outside of a TPG slab, while others might have no price difference and end up costing you money through grading fees (which for world coins can get expensive fast). |
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Pillar of the Community
Canada
5417 Posts |
I would suggest ANACS, they are the least costly and would help you properly identify the coin and any varieties and in my experience, their World Coin Grading is more accurate than that of NGC (I've had no prior experiences with PCGS).
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Pillar of the Community
United States
1511 Posts |
For world coins I absolutely agree with ANACS
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Valued Member
 United States
291 Posts |
Thank you for the feedback. I had not seriously considered ANACS. Based on your comments, I will look into them.
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Pillar of the Community
United States
684 Posts |
ANACS is a good solid TPG. However the market reality is that PCGS and NGC coins sell for 5-15% more than ANACS. Instead of slabbing them yourself, why not have an auction house do it when you are ready to sell? Depending on the value of your collection, Heritage would get the coins slabbed for you for free or at a discounted cost. |
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Valued Member
United States
291 Posts |
@Westwood Arms Thanks for your input. I am not sure I want to go the auction route with the Buyer's premiums, seller's fees, etc... Minus a few of the rarer key dates, or getting "lucky" with a high grade MS, I do not think it would make sense for most of these coins to be in major auctions.
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New Member
Italy
26 Posts |
If the slabbing's purpose is for eventual resale, I'd go with PCGS or NGC. It really doesn't matter in my opinion. The two of them give the best return when sold. Even more than 15%. I think it's closer to 20% and depending on the coin, can hit 30%. Obviously there are many variable to this kind of forecasting...
Depending the provenience of the coins, you could consider also contacting auction houses in those countries. Sometimes local markets, especially if the coins are circulated can give better returns. US and Asian market tends to value the higher graded coins. Europeans pay hefty prices for circulated, that normally sell significantly cheaper on US auctions.
Remember too, that many European collectors don't go for encapsulated coins. I've been personally advised not to SLAB coins by some European auction houses. And there returns on non slabbed are even better than the US market. Consider also that the EURO is a stronger currency.
Just some food for thought - all the best!
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Replies: 7 / Views: 1,882 |
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Posted 05/19/2014 5:02 pm
