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 Replies: 10 / Views: 1,477 |
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Valued Member
477 Posts |
This is probably a subject spoken of often here but I have a specific coin in mind. As some of you may have seen in another thread I recently acquired an 1802 draped bust cent that the consensus here would grade AG3 but shows no corrosion and really good eye appeal:   My question is would it make sense to send this coin in for grading for 2 reasons. The first being simply to protect the coin and second I have seen coins like this go well above their "catalog value" when slabbed. Thoughts? (I have no intentions of selling this coin but everyone likes to see their collections appreciate) *** Edited by Staff to Add Year / Mintmark / Denomination to Title. Titles are Important! *** |
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Valued Member
United States
304 Posts |
Considering the value of the coin I believe it would be a good idea to have it slabbed. That way in case you would like to sell it in the future it would insure its grade and value.
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Pillar of the Community
United States
7375 Posts |
Unless you include it in something like an ANACS grading special where you can lower your cost of having it slabbed significantly, imo, it doesn't pay to have it slabbed. Protecting it isn't the issue. You can protect it fine in a flip or a 2 x 2. Most collectors can see what it is without a slab, so having it in a slab won't increase the value that much. Why put prohibitive grading dollars in the TPG's pocket, when you can put it in yours. |
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Pillar of the Community
 United States
3058 Posts |
What would you value it at?
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Pillar of the Community
United States
1261 Posts |
I had an 1802 large cent graded PCGS VG-8 and I cracked it out so I say leave it as is.
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Valued Member
 477 Posts |
Thanks everyone and I think I'll leave it raw.
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Pillar of the Community
United States
3058 Posts |
That's what I would do. Unless a rare variety.
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Valued Member
477 Posts |
Quote:
Unless a rare variety. The Variety is S-242. The identifying markers are the die crack at the top of "RICA" in America and a die crack from the tip of the olive branch stem runing into the "U" in United. Not sure if this is a rare variety or not. thanks again, Blair Edited by throughtheireyes
09/22/2017 5:57 pm
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Bedrock of the Community
United States
17884 Posts |
I'll agree withthe attribution and S-242 is an R-2 coin, common. The only really rare varieties in 1802 are the two NC's. 238 and 240 used to be considered rare but enough of them have turned up over the years that they are both now just R-3's
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Bedrock of the Community
United States
94367 Posts |
Agree, really nice coin but not worth the cost of grading. It will sell itself someday.
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Valued Member
United States
127 Posts |
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Replies: 10 / Views: 1,477 |
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Posted 09/21/2017 11:47 pm
