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Questions About Getting A Coin Graded...newbie

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United States
131 Posts
 Posted 04/22/2018  9:34 pm Show Profile   Bookmark this topic Add Bezo816 to your friends list Get a Link to this Message Number of Subscribers
I am new to coin community, roll hunting, errors, and numismatics. I am hoping that I don't get in trouble for starting a post with just questions With that said, is there a "rule of thumb" for when to get a coin graded? I have recently purchased some un-circulated silver pieces that are very nice, but are they worth sending off...I don't know. Are coins worth more if graded AU55 vs. just listing them as such? Does it turn buyers off by labeling said coin AU55 and they feel differently? I would like to start buying/selling through ebay, but I want to do it right. Have I asked enough questions? I try to limit to 5 a day
Any help would be AWESOME, thanks!!
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spru's Avatar
United States
12477 Posts
 Posted 04/22/2018  9:57 pm  Show Profile   Check spru's eBay Listings Bookmark this reply Add spru to your friends list Get a Link to this Reply


Those are all good questions. Every collector has their individual threshold for when to get a coin graded. Many say it must be at least a $100 coin to be worth it, some say more, and others will submit a coin for entirely different reasons. I have never submitted a coin for grading.

As far as selling raw coins on ebay, I feel the best practice is to take clear and honest pictures of the coin and allow the potential buyers to determine the condition themselves. When I sell coins (seldomly), I don't state a grade, only whether it is circulated or not and any other relevant technical specs.

Generally, a graded/slabbed coin will sell for more than a raw example of the same coin and same grade, but there are many exceptions.
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RoyCoinBoy's Avatar
United States
1609 Posts
 Posted 04/22/2018  9:58 pm  Show Profile   Bookmark this reply Add RoyCoinBoy to your friends list Get a Link to this Reply
Generally, I see that slabbed coins sell for / are valued significantly higher than raw coins. For example, my favorite non-slabbed grading website values an 1822 EF40 dime at $8,248. PCGS, on the other hand, values a PCGS-Slabbed EF40 1822 dime at $9,500.
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moxking's Avatar
United States
17900 Posts
 Posted 04/23/2018  08:44 am  Show Profile   Bookmark this reply Add moxking to your friends list Get a Link to this Reply
The value of the coin determines its candidacy for TPG submission.

Each collector/dealer must determine that likely price value if slabbed at a likely grade.

For me, it was $200. But I haven't purchased a raw coin in a couple years. I let someone else pay those fees and buy NGC and PCGS only, with a very infrequent ANACS.
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Coinfrog's Avatar
United States
94367 Posts
 Posted 04/23/2018  10:11 am  Show Profile   Bookmark this reply Add Coinfrog to your friends list Get a Link to this Reply
Same here for the most part, though I do buy raw paper money.



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sel_69l's Avatar
Australia
21788 Posts
 Posted 04/23/2018  10:19 am  Show Profile   Bookmark this reply Add sel_69l to your friends list Get a Link to this Reply
Some collectors use a rule of thumb that
grading and return shipping fees are not justified if anticipated graded value is less than $100.

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