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Should I Send Some Quarter Eagles In To Be Graded.

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Valued Member

United States
94 Posts
 Posted 07/08/2015  6:18 pm Show Profile   Bookmark this topic Add grr601 to your friends list Get a Link to this Message Number of Subscribers
I have been thinking of sending some Indian Quarter Eagles in to be graded by a TPG, and thought I should ask those that have far more experience and insight than I. I have a set of Indian Head Quarter Eagles minus the 1911-D. They are all raw, most of them in XF-AU condition. Some might reach the MS level although I'm not sure of that. One appears to have been cleaned although I don't believe the others have been. I have been thinking of sending them to ANACS because they don't require a membership. Any thoughts on whether it would make sense to send them in? I appreciate any opinions. Thanks.
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oih82w8's Avatar
United States
7840 Posts
 Posted 07/08/2015  6:24 pm  Show Profile   Bookmark this reply Add oih82w8 to your friends list Get a Link to this Reply
Do you have any images? I am not familiar with gold coinage, but what do you plan on doing with them? Why do you want them to be slabbed? The forum seems to be about half-way divided on slabbing (or slobbing by those who do not care for the practice), so there will be differing opinions. I have all of my Type Set PCGS slabbed, mostly I bought them that way, although I have had more than a few crossed over or sent in raw (uncertified).

ANACS is a Top III Certifier and you are correct, no fees, which is very appealing. I have used them before, but I don't like their present holder.

The question is "why?" and only you can answer that.
Edited by oih82w8
07/08/2015 6:26 pm
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Coinfrog's Avatar
United States
94367 Posts
 Posted 07/08/2015  6:24 pm  Show Profile   Bookmark this reply Add Coinfrog to your friends list Get a Link to this Reply
Don't do it. Save for the 11-D, the rest of the coins in this series basically sell for bullion in circulated grades. Don't waste your money on TPG here.
Rest in Peace
moxking's Avatar
United States
17900 Posts
 Posted 07/08/2015  7:05 pm  Show Profile   Bookmark this reply Add moxking to your friends list Get a Link to this Reply
I definitely agree with coinfrog. You wont have much increase in value for those coins. Especially in ANACS holders. ANACS simply doesn't add much value for Indian Quarters.

If you are concerned about authenticity, that would be the only reason to pay those fees.
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nlp coins's Avatar
United States
2373 Posts
 Posted 07/08/2015  7:39 pm  Show Profile   Bookmark this reply Add nlp coins to your friends list Get a Link to this Reply
Valued Member
United States
94 Posts
 Posted 07/08/2015  8:16 pm  Show Profile   Bookmark this reply Add grr601 to your friends list Get a Link to this Reply
Thank you for your thoughts. I intend to keep them and pass them on to someone else when I go. I will save money and not get them graded. Don't know about the 11-D though. They are pretty pricey.
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Coinfrog's Avatar
United States
94367 Posts
 Posted 07/09/2015  5:05 pm  Show Profile   Bookmark this reply Add Coinfrog to your friends list Get a Link to this Reply
Well, I hope that, as a new member, you're not ready to go yet! Let me tell you, owning the 11-D will give you more pleasure than all of the rest together.
Valued Member
United States
94 Posts
 Posted 07/10/2015  6:38 pm  Show Profile   Bookmark this reply Add grr601 to your friends list Get a Link to this Reply
I do understand what you are saying Coinfrog. It took me a long time to pull the trigger, but I finally completed my Mercury dime set with a nice PCGS certified 1916-D in G-4 condition. Growing up I never thought I'd ever own one.

And I guess my reason for wanting to slab them was because I thought it might increase their value. I'm relatively inexperienced with the TPG part of coin collecting.
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Jaobler's Avatar
United States
6384 Posts
 Posted 07/20/2015  02:29 am  Show Profile   Bookmark this reply Add Jaobler to your friends list Get a Link to this Reply
I agree with moxking, a desire for authentication is a good reason to send the coins to ANACS. Most USA gold coins have been counterfeited including Indian quarter eagles. The ANACS slab will reassure potential buyers that your pieces are genuine but it won't necessarily increase the selling price by much.

If any pieces did receive high MS grades from ANACS you could then consider attempting a crossover to PCGS or NGC since those holders will likely attract premium prices compared to identically-graded coins in ANACS slabs.

Confused yet?
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