Coin Community Family of Web Sites Join Thousands of Coin, Bullion, & Money Collectors
Coin, Banknote and Medal Collectors's Online Mall Vancouvers #1 Coin and Paper Money Dealer Specializing in Modern Numismatics Join Thousands of Coin, Bullion, & Money Collectors 300,000 items to help build your collection! Shop for APMEX Bullion on eBay!Royal Canadian Mint products, Canadian, Polish, American, and world coins and banknotes.








Username:
Password:
Save Password
Forgot your Password?


This page may contain links that result in small commissions to keep this free site up and running.

Welcome Guest! Registering and/or logging in will remove the anchor (bottom) ads. It's Free!

Worth Slabbing Cleaned Gold Coins Before Sale?

To participate in the forum you must log in or register.
Author Previous TopicReplies: 13 / Views: 1,451Next Topic  
New Member
Voltron's Avatar
United States
8 Posts
 Posted 03/15/2018  8:17 pm Show Profile   Bookmark this topic Add Voltron to your friends list Get a Link to this Message Number of Subscribers
I believe the majority of my gold coins, $20, $10, $5, $2.5, were cleaned before they came into my possession. Is it worth to get them slabbed at ANACS with a cleaned rating before selling them?
Pillar of the Community
oriole's Avatar
Canada
5239 Posts
 Posted 03/15/2018  8:40 pm  Show Profile   Bookmark this reply Add oriole to your friends list Get a Link to this Reply
In my opinion, no, unless the prospective buyers would likely have doubts as to the authenticity.
Edited by oriole
03/15/2018 8:41 pm
Pillar of the Community
SilverDollar2017's Avatar
United States
8715 Posts
 Posted 03/15/2018  8:41 pm  Show Profile   Bookmark this reply Add SilverDollar2017 to your friends list Get a Link to this Reply
No. Unless the coin appears to be a very high grade or is a key date, I recommend you do not slab them.
Rest in Peace
moxking's Avatar
United States
17900 Posts
 Posted 03/15/2018  8:45 pm  Show Profile   Bookmark this reply Add moxking to your friends list Get a Link to this Reply
If most of their value is bullion value, no.
Pillar of the Community
Debrajc's Avatar
United States
4211 Posts
 Posted 03/15/2018  8:46 pm  Show Profile   Bookmark this reply Add Debrajc to your friends list Get a Link to this Reply
Voltron~!

Probably not, unless any of them are "better dates".

Many of them will be priced around spot plus a little.
Bedrock of the Community
Coinfrog's Avatar
United States
94367 Posts
 Posted 03/15/2018  9:14 pm  Show Profile   Bookmark this reply Add Coinfrog to your friends list Get a Link to this Reply




to the CCF!
Bedrock of the Community
basebal21's Avatar
13014 Posts
 Posted 03/15/2018  9:30 pm  Show Profile   Bookmark this reply Add basebal21 to your friends list Get a Link to this Reply
Honestly with all the fake gold out there yes, especially the $2.5. Especially if you're going to sell it online.
New Member
Voltron's Avatar
United States
8 Posts
 Posted 03/15/2018  9:56 pm  Show Profile   Bookmark this reply Add Voltron to your friends list Get a Link to this Reply
They are in very good condition, pretty close to MS 60 I've been told. I would be taking it to a coin shop near by that has very good reviews and have work with in the past. No doubt they are authentic. Just didn't know cleaned vs cleaned slabbed. Maybe a benefit not to slab if other than the $20 cost.

Thanks for the advice everyone.

Valued Member
United States
314 Posts
 Posted 03/15/2018  10:03 pm  Show Profile   Bookmark this reply Add einstem to your friends list Get a Link to this Reply

Quote:
Honestly with all the fake gold out there yes, especially the $2.5. Especially if you're going to sell it online.


New Member
Voltron's Avatar
United States
8 Posts
 Posted 03/15/2018  10:11 pm  Show Profile   Bookmark this reply Add Voltron to your friends list Get a Link to this Reply
Worth-Slabbing-Cleaned-Gold-Coins-Before-Sale?

Worth-Slabbing-Cleaned-Gold-Coins-Before-Sale?
Pillar of the Community
yellow88's Avatar
United States
581 Posts
 Posted 03/15/2018  11:12 pm  Show Profile   Bookmark this reply Add yellow88 to your friends list Get a Link to this Reply
Voltron that is a beautiful 1899 $20 gold coin. Simply wow!

US gold isn't normally my cup of tea , so to speak, but after seeing your lovely coin I may have to switch brands of tea.

When selling, and only when selling, I personally have my gold coins (cleaned or not) graded/slabbed if they fit at least one of the following criteria: rare, scarce, key date, AU-58 or better.

From my experience the benefits are manifold. Broader market appeal, increased buyer confidence, higher sales price achieved, additional seller security, less time on market, etc.

Pillar of the Community
Learn More...
Zurie's Avatar
United States
5667 Posts
 Posted 03/16/2018  01:57 am  Show Profile   Check Zurie's eBay Listings Bookmark this reply Add Zurie to your friends list Get a Link to this Reply
If you're selling online, I would get them authenticated by ANACS for an easier sale and possibly better price. They have periodic sales that bring the cost down to about $10 per coin. But if you're taking them to your local coin store, I wouldn't bother.
Valued Member
United States
338 Posts
 Posted 03/16/2018  08:51 am  Show Profile   Bookmark this reply Add nutmeg to your friends list Get a Link to this Reply
I would get them slabbed simply to make sure none of them are fake.
Pillar of the Community
Learn More...
BStrauss3's Avatar
United States
4591 Posts
 Posted 03/16/2018  6:22 pm  Show Profile   Bookmark this reply Add BStrauss3 to your friends list Get a Link to this Reply
Depends on where you are going to sell them.

If it's a coin shop, they will have a Sigma Metalizer to test raw coins.

Otherwise, yes, slab them, because nobody in their right mind except an expert is going to trust raw gold. There are just too many fakes out there.
-----Burton
50+ year / Life / Emeritus ANA member (joined 12/1/1973)
Life member: Numismatics International, CONECA
Member: TNA, FtWCC, NETCC, EveryCountry (online) coin club
Owned by three cats and a wife of 40+ years (joined 1983)

Author: 3rd Edition of the Sample Slabs book, https://www.sampleslabs.info/
  Previous TopicReplies: 13 / Views: 1,451Next Topic  

To participate in the forum you must log in or register.



    




Disclaimer: While a tremendous amount of effort goes into ensuring the accuracy of the information contained in this site, Coin Community assumes no liability for errors. Copyright 2005 - 2026 Coin Community Family- all rights reserved worldwide. Use of any images or content on this website without prior written permission of Coin Community or the original lender is strictly prohibited.
Contact Us  |  Advertise Here  |  Privacy Policy / Terms of Use

Coin Community Forum © 2005 - 2026 Coin Community Forums
It took 0.41 seconds to rattle this change. Forums