Professional Grading - Coin Community Forum

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Author	Replies: 4 / Views: 1,426
LincolnCentMeHere Pillar of the Community United States 558 Posts	Posted 01/17/2016 9:16 pm When should I send my coins to PCGS? Is it based on the rarity or the condition or both and/or some other reason/s? Report this Post to the Staff

denco7 Pillar of the Community United States 2543 Posts	Posted 01/17/2016 9:56 pm It is based on value. Would the coin be more valuable if it was graded? If I add in the cost of the coin with the cost of grading, will it cost me more than the value of the coin. Report this Post to the Staff
LincolnCentMeHere Pillar of the Community United States 558 Posts	Posted 01/18/2016 02:34 am How can I find out the value of my coins? Report this Post to the Staff
Half Pillar of the Community United States 606 Posts	Posted 01/18/2016 12:21 pm For US coins I would get a copy of The Official American Numismatic Association Grading Standards for United States coins" written by Kenneth Bressett ISBN 079481786-6. Start hanging out in the US coin grading subforums on this site and, with your book in front of you, start participating in the grading discussion. Once you are confident in your grading sills look up the coin of interest on Numismedia for a really good idea of what it may be worth. Just remember that getting a coin slabbed usually ends up costing 20+ dollars each for slabbing and shipping/insurance. Report this Post to the Staff
BStrauss3 Pillar of the Community United States 4589 Posts	Posted 01/18/2016 6:22 pm Basically, the additional value of the certification needs to be at least as much as the raw cost + cost of certification. That's not just purely value, it also attests to the guarantee of genuine. Say you show me an 1916D Merc dime, raw. You swear it's genuine and AG3. You are probably a fine, upstanding honest citizen, and an expert coin grader, so you are correct. And on ebay, they have sold in the range of 363 (ANACS) to 550 (PCGS). I'm still not going to pay you the 550. But if you can buy it for $450 and spend $35 to have it certified, there's room to make money in there... -----Burton 50+ year / Life / Emeritus ANA member (joined 12/1/1973) Life member: Numismatics International, CONECA Member: TNA, FtWCC, NETCC, EveryCountry (online) coin club Owned by three cats and a wife of 40+ years (joined 1983) Author: 3rd Edition of the Sample Slabs book, https://www.sampleslabs.info/ Report this Post to the Staff
	Replies: 4 / Views: 1,426

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