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 Replies: 10 / Views: 1,865 |
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Pillar of the Community
United States
900 Posts |
Can anyone help me out with an approximate value for this coin the prices are all over the place from PCGS at$349 to ebay at$20 any input appreciated.   *** Moved by Staff to a more appropriate forum. *** |
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Moderator
 United States
56855 Posts |
Edited by John1
05/13/2017 3:51 pm
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Pillar of the Community
 United States
900 Posts |
Shouldn't there be a grade for this coin if it's in a PCGS slab? It's very confusing to me. All it has is bu unc.
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Pillar of the Community
United States
900 Posts |
PCGS lists it's grade as genuine (89-bu unc)
Edit: thanks John.
Edited by Potbellypub
05/13/2017 3:59 pm
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Pillar of the Community
Australia
7096 Posts |
With NO numerical grade on the slab this is most likely just another marketing scam.
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CCF Master Historian of USA Commemoratives
United States
12301 Posts |
Quote:
With NO numerical grade on the slab this is most likely just another marketing scam. No, these coins are not simply a marketing scam. Coins in non-numerical grade holders were part of bulk submissions to either PCGS or NGC by large resellers. They are a way to get inexpensive coins (such as silver bullion coins) authenticated and encapsulated without the added cost of grading. They offer collectors who prefer encapsulated coins an opportunity to purchase coins at a lower price point while also allowing them to enjoy special labels such as the one shown here - signed by John Mercanti. Coins in these holders generally sell for more than their raw counterparts but less than coins graded MS-69 and above. Collecting history one coin or medal at a time! (c) commems. All rights reserved.
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Pillar of the Community
Australia
7096 Posts |
Quote:
Coins in non-numerical grade holders were part of bulk submissions to either PCGS or NGC by large resellers Yes and the deal is usually "If the coin isn't good enough to make 69 or 70 it is put in a non numerical grade slab" Quote:
Coins in these holders generally sell for more than their raw counterparts but less than coins graded MS-69 and above.
Like I said "A marketing scam" as these are the "Rejects"  |
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Pillar of the Community
United States
900 Posts |
So would PCGS grade this coin with a numerical grade if I were to send it in to them ?
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Pillar of the Community
Australia
7096 Posts |
Quote:
So would PCGS grade this coin with a numerical grade if I were to send it in to them ? yes But why would you? It obviously didn't make the "Cut" first time around. |
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Pillar of the Community
United States
4211 Posts |
Not sure where you are getting a $349 price point for this coin. $35 - $40 would be what I would expect to see.
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Pillar of the Community
United States
900 Posts |
That's the conclusion I came to Debrajc. The prices were from ebay and PCGS but higher grades. |
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Replies: 10 / Views: 1,865 |
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Posted 05/13/2017 3:53 pm
