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What Coins To Have Slabbed

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garys64wildcat's Avatar
United States
593 Posts
 Posted 05/27/2014  12:05 pm Show Profile   Bookmark this topic Add garys64wildcat to your friends list Get a Link to this Message Number of Subscribers
Just asking for an opinion from the experts on some nice coins. Should I have these professionally graded?

1925 cent still with mint luster
1946 half unc with toning
Manitoba gold 1 dol proof
2 Geo V dollars 1935-36
6 1947 no ML vf-xf both curved and straight 7
some nice 5 cent silver coins
Plus several BU more common nice coins.

I am worried about the Chinese fakes being sold like some of 1923 and 1925 cents and dollars
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oih82w8's Avatar
United States
7840 Posts
 Posted 05/27/2014  1:14 pm  Show Profile   Bookmark this reply Add oih82w8 to your friends list Get a Link to this Reply
Value varies with the collector, some say $100 minimum, others say higher.

I have every one of my collection PCGS slabbed, mostly purchased that way, and few crossed over. You are wise to be concerned about chinese fakes, especially since some of them are pretty darn good.

I like the slabs for a couple of reasons; authenticity, liquidity (if needed) and protection.

Ultimately, the choice is yours.
Edited by oih82w8
05/27/2014 1:15 pm
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zxcccxz's Avatar
Canada
5417 Posts
 Posted 05/27/2014  3:38 pm  Show Profile   Bookmark this reply Add zxcccxz to your friends list Get a Link to this Reply
I would say $150 or high should be the value of each coin unless you'd be sending in 50+ coins which would save on fees. BU can mean different things. Evaluate the grade of your coins but posting to our grading sections and use price guides to determind whether they are of significant enough value to be sent. Our members should also be able to help you identify a possible fake.
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persistnt's Avatar
Canada
726 Posts
 Posted 05/27/2014  6:39 pm  Show Profile   Bookmark this reply Add persistnt to your friends list Get a Link to this Reply
I have the same question...wondering whether to send only 50c pieces in, or older pieces?
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NathanASE's Avatar
United States
1511 Posts
 Posted 05/27/2014  6:45 pm  Show Profile   Bookmark this reply Add NathanASE to your friends list Get a Link to this Reply
I'm one of the ones who will only send more valuable coins in... Say $300+, probably closer too $500, but then again I prefer raw coins so my opinion may be jaded...
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kanga's Avatar
United States
5825 Posts
 Posted 05/27/2014  7:31 pm  Show Profile   Bookmark this reply Add kanga to your friends list Get a Link to this Reply
I use the value 10%.
If it costs more than 10% of the perceived value of the coin to get it graded (don't forget S&H both ways) then it's not worth slabbing (coins with special meaning to you excepted).
That generally means $250 or more.
And that means you personally have to be reasonably good at grading.
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garys64wildcat's Avatar
United States
593 Posts
 Posted 05/27/2014  11:06 pm  Show Profile   Bookmark this reply Add garys64wildcat to your friends list Get a Link to this Reply
Thanks for the info. I have seen a Chinese fake on ebay for my Manitoba Gold 1 dol proof dated 1898 that is grainy and poorly made but still a fake..
I glad that there are honest folks on this forum that are very knowledgable and are trying to get rid of someone trying to take advantage of those that dont know better.

I have seen low end coin fakes and high end fakes. I just hate to see my hobby ruined by these scammers. Maybe I should sell everything before they ruin it for all of us.

Keep up the good work spotting these fakes. Most of my coins I have had for 40-50 yrs and they sold 1877 IH cents marked as copy
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Canada
9864 Posts
 Posted 05/28/2014  12:39 am  Show Profile   Bookmark this reply Add DBM to your friends list Get a Link to this Reply

Quote:
a Chinese fake on ebay for my Manitoba Gold 1 dol proof dated 1898 that is grainy and poorly made but still a fake..

A fake of a fake issue, interesting.
There is no reason to slab your coins just to find out if they're genuine,unless you're thinking of selling. If you have any doubt about the authenticity of your coins just post pics on this forum.
"Dipping" is not considered cleaning...
-from PCGS website
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garys64wildcat's Avatar
United States
593 Posts
 Posted 05/28/2014  09:28 am  Show Profile   Bookmark this reply Add garys64wildcat to your friends list Get a Link to this Reply
Its like the Henning nickle that are fakes also but have gained noterity but are collected.
This coin was minted in 1962 for Regency Coin and Stamp in Winnepeg. Green #790
RCMP seized some coins and dies never returned And supposedly about 200 pieces of each were made. Proof piedfort format in 18k or 22k. This is a collection by this name:: Canada and Provinces gold tokens by Mike Locke
Reference web site is:: http://calgoldcoin.com/canada2.htm Page 5 of 8 pages
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