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When And What To TPG

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Author Previous TopicReplies: 9 / Views: 1,724Next Topic  
Valued Member

United States
338 Posts
 Posted 02/07/2016  3:40 pm Show Profile   Bookmark this topic Add Hunter611 to your friends list Get a Link to this Message Number of Subscribers
Hi folks,
I'm a new member and basically just starting to take an interest in this hobby. I have no experience with grading (learning) and will post picts of a few coins once I get my act together. With that being the case I was wondering how you determine when to send a coin in for TPG, specifically Morgans, and which Morgans.

Thanks in advance.
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Bm0ney's Avatar
Canada
1005 Posts
 Posted 02/07/2016  3:46 pm  Show Profile   Bookmark this reply Add Bm0ney to your friends list Get a Link to this Reply
to CCF
TPG is great for selling coins of hightr values and grades.
No "Professional" holders reside in my collection.
Others will have the answers to the specifically Morgan questions.
The more you research the more you'll learn.
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Cascade's Avatar
United States
7390 Posts
 Posted 02/07/2016  4:24 pm  Show Profile   Bookmark this reply Add Cascade to your friends list Get a Link to this Reply
A good rule of thumb is a book value of $150+. With that said though, get to posting your coins. Ask & learn then when you have gained enough basic knowledge proceed with tpgs. Learn first, grade later
Valued Member
United States
338 Posts
 Posted 02/07/2016  6:26 pm  Show Profile   Bookmark this reply Add Hunter611 to your friends list Get a Link to this Reply
Thanks for the replies. Excited about learning. Reading up on how to take picts now.
Rest in Peace
moxking's Avatar
United States
17900 Posts
 Posted 02/07/2016  8:40 pm  Show Profile   Bookmark this reply Add moxking to your friends list Get a Link to this Reply
If your coins are valued at $300 or less, figure you will pay about $26 per coin (with NGC) including postage and insurance both ways (if you submit 15 coins, as an average).

If you show us a coin here it is likely that we will be able to offer advise as to which coins you own that might be good candidates for submission.
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Coinfusion's Avatar
United States
500 Posts
 Posted 02/07/2016  11:05 pm  Show Profile   Bookmark this reply Add Coinfusion to your friends list Get a Link to this Reply
Hunter!
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GR58's Avatar
United States
11951 Posts
 Posted 02/08/2016  09:56 am  Show Profile   Bookmark this reply Add GR58 to your friends list Get a Link to this Reply


What typeofcoins do you have?
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BadThad's Avatar
United States
19935 Posts
 Posted 02/08/2016  11:31 am  Show Profile   Bookmark this reply Add BadThad to your friends list Get a Link to this Reply
It's generally not worth the expense of grading until you think the coin will be worth $150-200 slabbed and you're planning on reselling it. Make sure your grading skills are strong before attempting and befriend a dealer you can trust to give you an accurate second opinion too.
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one_fine_dime's Avatar
United States
591 Posts
 Posted 02/08/2016  12:09 pm  Show Profile   Bookmark this reply Add one_fine_dime to your friends list Get a Link to this Reply
I had a thought on the TPG angle. If one is just a collector/investor, and is interested in buying and holding for a few decades before potentially selling, wouldn't it likely be better to wait to submit for slabbing until closer to time of sale? Because by then, one would think that so many more coins would have been submitted and the frequency of submission to TPGs would likely decrease, therefore causing TPGs to lower the price to submit. They'll be trying to get more people to submit coins and will drop submission fees.

Does this logic hold any water?
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jbuck's Avatar
United States
187950 Posts
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