Should I Have Eagles Graded? - Coin Community Forum

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Author	Replies: 7 / Views: 1,226
dgoldy88 New Member United States 29 Posts	Posted 01/08/2008 9:57 pm Ok, another newbie question...I have 40+ Silver American Eagles I bought back in 1999 and 5 Gold Eagles. I've kept them in airtight plastic containers. Should I get them graded by NGC, and if so, what is the best way to do that. What are the advantages / disadvantages. Thanks! Report this Post to the Staff

Spider5689 Pillar of the Community United States 2269 Posts	Posted 01/08/2008 10:01 pm My first question is, what do you plan on doing with these ASEs. Do you want to sell or keep them? Report this Post to the Staff
dgoldy88 New Member United States 29 Posts	Posted 01/08/2008 10:36 pm Good question, for now I think I want to keep them. But...I'd like to maximize their value for the future in case I ever do want to sell them. Report this Post to the Staff
Spider5689 Pillar of the Community United States 2269 Posts	Posted 01/08/2008 11:01 pm I would leave them ungraded. You can always have them graded when you're ready to sell. Report this Post to the Staff
nohope587 Pillar of the Community United States 5953 Posts	Posted 01/08/2008 11:16 pm Some questions Would the grade 69 or 70? Anything less and its probable not worth while. Check the raw and graded close prices on ebay is the difference more than the grading and shipping costs to have your coins graded? When calculating the NGC grading costs remember to include the shipping costs both ways. Its part of your grading fee whether you want it to be or not. Spider has the right idea unless you really want to sell them now then whats the hurry, procrastination has always worked for me... Report this Post to the Staff
dgoldy88 New Member United States 29 Posts	Posted 01/08/2008 11:28 pm Thanks!! Report this Post to the Staff
1sikevo Pillar of the Community United States 1130 Posts	Posted 01/08/2008 11:59 pm I would leave them raw unless: 1) they are key dates AND 2) they will get at least an MS69 or MS70 Otherwise, you won't break even on the cost of grading (fees, shipping and insurance). Report this Post to the Staff
dschnepp New Member United States 13 Posts	Posted 01/09/2008 3:14 pm Now I am on a the other side of the road here. I would personally have them graded either way. Yes they are in containers now but what I have found out is that they tone less in the NGC or PCGS slab. Most of the coins that I do get in I have sent off to be graded and slabed. Keep in mind that grading the coins now and spreading them out over time can fit better in a budget then sending them all in at once. The ones that I dont have graded go into albums. Report this Post to the Staff
	Replies: 7 / Views: 1,226

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