Leave Mint Sets Alone Or Have Graded?

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Author	Replies: 7 / Views: 2,394
spbterry New Member United States 10 Posts	Posted 05/22/2017 12:51 pm I am a new Silver Eagle collector. I see mint sets and special issues advertised graded or in original packaging, not graded. It is not clear which is better or if the value is actually increased by grading. Should I have my sets graded or leave well enough alone? Report this Post to the Staff

Foxwoods Man Pillar of the Community United States 4901 Posts	Posted 05/22/2017 1:47 pm Well first Now the comment and you will get a few different on this forum. I collect and sell both graded and raw ASE's. That said not all ASE's sent for grading result in a more valuable product because: 1) you have no clue what grade they will be assigned 2) even if you do get a 70 grade back it might have been easier and cheaper just to buy it already graded. 3) 69 grades sometimes sell for less than a raw specimen which never made sense to me but it is a fact. So, decide whether you want raw or graded coins and go from there. Unless you buy raw in quantity then stay away from submitting your own ASE's. Lot's more to say but I will let the others chime in Edited by Foxwoods Man 05/22/2017 1:48 pm Report this Post to the Staff
jbuck Moderator United States 188213 Posts	Posted 05/22/2017 2:02 pm to the Community! Quote: 2) even if you do get a 70 grade back it might have been easier and cheaper just to buy it already graded. I agree. I belong to the "If you want a graded coin, buy a graded coin" school of thought. Let someone else mess with the time and money. I should also add that I am in the "Save money and buy the 69 instead of a 70" school as well. This are just my opinions, of course. Quote: 3) 69 grades sometimes sell for less than a raw specimen which never made sense to me but it is a fact. I think it is because the raw coin has the allure of "it might be a 70" for those willing to gamble. Coin Collector Since 1978 Avatar Old Avatar 7070 Eisenhower Australia Canada World CCF Members on eBay CCF eBay Search Engine Report this Post to the Staff
Foxwoods Man Pillar of the Community United States 4901 Posts	Posted 05/22/2017 2:17 pm Quote: I think it is because the raw coin has the allure of "it might be a 70" for those willing to gamble. Except that a 69 (or lower) graded coin can very easily become a "raw" coin if the price difference warranted it For the OP I should add....some of the past Mint OGP included with the ASE sets makes for a great presentation box for the graded slabs soooo kinda best of both worlds. The 2011 5 coin set is a perfect example...five MS/PF 70's look great in that presentation box....same with the two coin sets (not my pics) Edited by Foxwoods Man 05/22/2017 2:27 pm Report this Post to the Staff
Bret Pillar of the Community United States 1913 Posts	Posted 05/22/2017 5:21 pm Quote: I am a new Silver Eagle collector. I see mint sets and special issues advertised graded or in original packaging, not graded. It is not clear which is better or if the value is actually increased by grading. Should I have my sets graded or leave well enough alone? I started a Silver Eagle collection a couple of years ago and found myself in the same position that you're in. After thinking about it for a while, I decided to go with ungraded coins. The reason for this is that after looking over a good number of graded ASE's, I found that the grades given were sometimes not justified in my opinion. Some coins were overgraded or deteriorated after grading (spotting). I also prefer to hold a round encapsulated coin in my hand versus a slab. Another thing that I don't like about slabs is that getting an entire matching set with the same labels is darn near impossible. Even the slabs themselves have changed over time. I've managed to put together a virtually complete set (still looking for a 1995-W proof, but that's all) that has virtually perfect coins. The 1995-W proof that I'm looking for will be the only one that I buy slabbed. The only reason that I'm doing that is that the value is so high, so I must be sure it's not a fake. I'll buy one that was slabbed years ago as opposed to being slabbed recently so I can be sure spots won't appear. I think some people buy slabbed coins because they need the personal validation of another's opinion. If that's you, fine. If it's not, save your money and buy them raw. You absolutely can end up with a full set of raw ASE's that looks great. It just takes looking through lots of examples of each until you find one that meets your quality standards. Report this Post to the Staff
jbuck Moderator United States 188213 Posts	Posted 05/22/2017 5:29 pm Quote: Except that a 69 (or lower) graded coin can very easily become a "raw" coin if the price difference warranted it True, but I was thinking some people may be less willing to crack a graded coin to gamble on an upgrade. That is, if I were playing the game I would be reluctant to crack a 69 thinking it was under-graded. I see sending in a raw coin as having less risk. That may just be me though. Coin Collector Since 1978 Avatar Old Avatar 7070 Eisenhower Australia Canada World CCF Members on eBay CCF eBay Search Engine Report this Post to the Staff
Foxwoods Man Pillar of the Community United States 4901 Posts	Posted 05/23/2017 07:19 am I agree with that point but returning a 69 or less graded coin to it's raw state would only be appropriate if the selling price of a raw coin was higher than the slabbed one. It was not a suggestion to have it regraded. That would definitely NOT be appropriate. I always use this example of raw vs. graded ASE from a set..bear with me. Raw: http://www.ebay.com/itm/2006-W-BURN...AOSwpkFY8YNp Graded: http://www.ebay.com/itm/2006-W-BURN...AOSw8lpZGPb~ SAME EXACT COIN.... Edited by Foxwoods Man 05/23/2017 07:22 am Report this Post to the Staff
jbuck Moderator United States 188213 Posts	Posted 05/23/2017 11:25 am Ah, I see what you mean now. My problem is that I am never really thinking about resell, so I do not consider all points of view. Coin Collector Since 1978 Avatar Old Avatar 7070 Eisenhower Australia Canada World CCF Members on eBay CCF eBay Search Engine Report this Post to the Staff
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