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Process For Having Coins Certified/Graded In Canada? Where? How?

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Author Previous TopicReplies: 6 / Views: 3,248Next Topic  
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Canadian coins's Avatar
Canada
142 Posts
 Posted 02/25/2018  09:52 am Show Profile   Bookmark this topic Add Canadian coins to your friends list Get a Link to this Message Number of Subscribers
Hello again,
Previously I had asked about the process of selling coins in Canada, and the advice I received from the members at CCF has been fantastic. I know that some of the questions posed by "newbies" like myself can seem to be pretty straightforward to seasoned collectors. For the people who have never had the pleasure of collecting coins this information may help those (myself included) who are trying to navigate their way through the wonderful world of coins. My question today has to do with certifying coins in Canada. I have some Canadian coins, a few world coins and a couple U.S coins that I would like to send in to get graded/certified. Which certification service is best for certifying in Canada? I don't think I would like to send my coins out of the country. I had heart palpitations posting a coin out of the country and it wasn't as valuable (in my eyes) as the coins I would like to send to get graded. Once a service has been picked, how do you go about sending them in? Or do you drop them off? Which services are best to send Newfoundland series coins to? I've scanned some previous topics and gathered some information from different responses and realise that there will be varying opinions on this subject. I have previously found that there is usually a common opinion among people who know their stuff. The advantage of your past experiences being an asset to your future decisions. That being said, trial and error, (when dealing with coins) can be frustrating and costly. Think back to those instances when you wished that you had been given the right advice at the right time. I have much respect for the knowledge the members here have and any advice that you may have would be greatly appreciated, as always.
Pillar of the Community
Canada
1984 Posts
 Posted 02/25/2018  10:35 am  Show Profile   Bookmark this reply Add Smallcentguy to your friends list Get a Link to this Reply
I think it depends on how many coins you have and their value. High value (say over $1000) and foreign coins are probably best sent to PCGS in the US. It is an expensive service and the shipping can be prohibitive for a coin or two. But they are the most highly recognized.

For lower value Canadian coins, I would use ICCS. If you are in Toronto it is easiest to drop them off at their office on Yonge near Eglinton. They discount their price based on the number of coins submitted. The best price breaks come at 50 and 100 coins. I don't think many people pay attention to ICCS grades on foreign coins.

CCCS is also an option but it is not as well recognized.
Edited by Smallcentguy
02/25/2018 10:36 am
Valued Member
trimble's Avatar
Canada
299 Posts
 Posted 02/25/2018  12:06 pm  Show Profile   Bookmark this reply Add trimble to your friends list Get a Link to this Reply
Not trying to throw mud in the water, but....

The $1000 cutoff estimate above is relative to collectors. For Canadian coins I use ICCS no matter the value because I like binder storage of my collection. On the other hand I also collect world coins and wouldn't consider ICCS for the same reasons mentioned by Smallcentguy. The majority of my world coin addiction is ungraded (except by me). I haven't any idea as to the costs for PCGS though.
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SilverDollar2017's Avatar
United States
8715 Posts
 Posted 02/25/2018  2:11 pm  Show Profile   Bookmark this reply Add SilverDollar2017 to your friends list Get a Link to this Reply
I don't live in Canada, but after doing some research on TPGs, I think that ICCS is the best grading service for coins that are not of a high value. PCGS and NGC, both located in the US, are better for coins of a high value.
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Canada
5324 Posts
 Posted 02/25/2018  3:19 pm  Show Profile   Bookmark this reply Add john100 to your friends list Get a Link to this Reply
Most of the world's best coins resides in PCGS, or NGC slab for a good reasoning, but as an example of PCGS costs, if you look at the 1967 coin alignment dollar thread in the errors section, that was a walk through grading service at FUN show cost about 200 bucks. If you facture in initial membership and shipping to and from Canada it can easily cost 100 to 200 bucks but obviously cheaper if you have a large lot of great coins, If the coins are mainly Canadian and you plan to sell in Canada ICCS is best route to go both cost and most collectors preference.
Edited by john100
02/25/2018 3:22 pm
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Pacificoin's Avatar
Canada
5394 Posts
 Posted 02/26/2018  7:15 pm  Show Profile   Check Pacificoin's eBay Listings Bookmark this reply Add Pacificoin to your friends list Get a Link to this Reply
Canada Coins ICCS
World Coins NGC
US coins PCGS or NGC over 250 in Value. Coins under 250 ANACS is a bargain .

Personal experience over the last year . Grading from ICCS is somewhat erratic , high, low , and bang on .
NGC has really started to tighten the screws , ANACS surprisingly conservative and PCGS , let's just say I am not a fan.
PCGS can't Grade Canadian or World Coins to save their collective souls.
On a recent trip to the UK had the opportunity to examine some PCGS graded high end GB Victorian . There was not a coin in the bunch , that you could reasonably call NEW . The lowest PCGS Grade was MS63 . Coins that an intelligent GB specialist would Grade as Good EF at best.
Always remember to buy COINS not the HOLDER.

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TheBurnz's Avatar
Canada
586 Posts
 Posted 02/27/2018  08:46 am  Show Profile   Bookmark this reply Add TheBurnz to your friends list Get a Link to this Reply
I like to brake it down to the need for certification. Why do you want your coin or note certified..

The obvious reason is to preserve its value and grade and if you ever want to sell it, there is no negotiating its condition.

ICCS and as of late I have noticed a lot of CCCS graded material, are great options for Canadian material because the are more affordable and they are recognized by even the most amateur collectors. But will this hold true over time. These companies are relatively small compared to PCGS and NGC. Eventuall ICCS and CCCS will come across the challenge of father time and these one man shows will need to find the resources to continue there brand. If they don't the doors will close and you will never hear of them again and your know graded coin becomes unrecognizable and carries no credit.
Where PCGS and NGC have already crossed these problems and have now become multi-generational graders and there slabs and grades remain relevant.
Yes they are pricey, but I would invest with them for coins that are rarities. The anxiety of sending these items in the mail is one all of us go through. That is why postal insurance is a must.
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