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 Replies: 11 / Views: 2,409 |
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Pillar of the Community
United States
593 Posts |
I have a set of IHC that I have that I may have sell. Missing 8 most are full liberty to some red unc, red/brown,au and a few I wanted to replace for better grades. I have some coins AMEX sells $300 to $700 plus or more. With all the scammers out, should I have them sent for grading by a honest grader. I seen several e-bay and other auctions that are selling overgraded coins for more than their value. |
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Rest in Peace
United States
18456 Posts |
With some of your coins in the $300-$700 range I would definitely send them in to PCGS or NGC . Hold off on lesser coins . They say rule of thumb , coins need to be worth at least $150 to make it worth while .  |
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Bedrock of the Community
United States
94367 Posts |
Sorry, there is absolutely no way to answer this intelligently without pics.  |
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Rest in Peace
10197 Posts |
 w/ the Frog, kinda impossible to get s grasp on your coin's conditions. It may be worthwhile to go to a dealer you know or to a tradeshow and get the assessment. True, there are smucks at the shows who if you ain't buyin' or sellin' don't have the time of day for you, but there are those who can genuinely offer their honest assessment and opinions. Some may indeed be worthy of mass submissions at a discount but you gotta be willing to pay the piper. |
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Bedrock of the Community
13014 Posts |
Quote:
They say rule of thumb , coins need to be worth at least $150 to make it worth while . That's honestly really not a rule at all to be honest. In it's simplest forum will the fee allow you to sell it for the fee or more, or what value do you place on liquidity ect. There's SO many variables that it just becomes a no brainier above a certain value but doesn't mean that nothing below that isn't worth it. There's very few things I would want to be selling raw on ebay for 100 dollars or even 50 dollars really as an example. It's a more complex evaluation than that. |
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Pillar of the Community
United States
8715 Posts |
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Pillar of the Community
 United States
593 Posts |
Thanks for the help and I know Pictures are best, but a good camera would help. I have a I phone and I take pic but getting them big enough to get a good clear photo its an I-7. Of an IHC or LWCI started coins in the 1950,s and a fake was noted on the coin as copy in small letters, but no more and if I sell I want to be above board |
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Pillar of the Community
United States
8137 Posts |
Without seeing pics, I would say the 1877 is a must for certification. Most dates in the late 1860s and the 1870s also carry a premium in good condition, so those might be worth slabbing as well.
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Pillar of the Community
 United States
8938 Posts |
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Pillar of the Community
United States
1023 Posts |
Cell phone photos are fine I do that all the time. Even if the images are crappy we can get a better idea.
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Bedrock of the Community
United States
17884 Posts |
If what you can sell it for after grading is significantly more than what you paid for it plus the cost of grading it then grading might be a good idea.
If it is just more but not significantly more then all you are doing is taking whatever profit you might have made and giving it to the grading service.
And this assumes that the coins come back straight graded at the grades you believe them to be. If they come back lower or with detail grades then you may be looking at losses, and the winners you have will need to be even BIGGER winners to offset those losses.
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Pillar of the Community
United States
593 Posts |
Thanks for the help and I agree on pictures, but I started collecting before it was more of a business than when I was a kid with a paper route in the 50`s. and I theirs.
I may just keep what I have and trust my ability to tell the grading and enjoy what I have and hope I don't get a fake or altered coin. A trade for the right coin to someone who has my needs
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Replies: 11 / Views: 2,409 |
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Posted 09/01/2018 9:25 pm
