What Does It Cost For A Coin To Be "slabbed"

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Author	Replies: 6 / Views: 5,448
newton1957 New Member United States 2 Posts	Posted 03/06/2019 07:38 am New to this forum ... wondering was an average cost of having a coin "slabbed" ... graded and enclosed by one of the services that authenticates coins. After this has been done .. does it add to the value of a coin or just provide comfort for the owner. Thanks for any information ... collector in Kansas * Moved by Staff to a more appropriate forum. * Report this Post to the Staff

just carl Bedrock of the Community United States 20753 Posts	Posted 03/06/2019 08:01 am Good question. Hopefully someone that has done it will add their replies. I guess the answer will depend on how many are submitted, to which TPGS is used, who sends it in, etc. I've asked dealers if they would send one in for me since they said they get it done cheaper due to the amount of coins submitted. Some dealers tell me every TPGS charges different amounts. One thing for sure is when and if attempting to sell a coin, having it in a slab by a reputable dealer makes selling it faster. Edited by just carl 03/06/2019 08:02 am Report this Post to the Staff
John1 Moderator United States 56855 Posts	Posted 03/06/2019 08:11 am to CCF. Each TPG,PCGS-NGC-ANACS charges different prices for different services. Also,the prices are less the more you send in at one time like the TV show guys do. It will add value to a coin and peace of mind as well. John1 Report this Post to the Staff
edweather Pillar of the Community United States 7375 Posts	Posted 03/06/2019 10:36 pm Unless you have a coin that is worth a few hundred bucks, it's not cost effective. PCGS and NGC basically require you to join their club, and then there are grading fees on top. Grading one coin would cost about a hundred or so, and the average cost would go down from there for additional coins. ANACS costs a bit less because they don't make you join a club. Yes, it does add some value to the coin. Report this Post to the Staff
basebal21 Bedrock of the Community 13014 Posts	Posted 03/09/2019 12:14 am https://www.PCGS.com/servicesandfees Report this Post to the Staff
sel_69l Bedrock of the Community Australia 21786 Posts	Posted 03/09/2019 01:17 am with edweather. Together with the information in link provided by newton1957, it seems that a rational decision to slab or not, should be based on the owner's estimation of the coin's potential value, in the order of some hundreds of dollars, to make the cost of secure shipping and slabbing fees cost effective. If the ultimate goal is to sell, then these costs, as well as ebay fees, have to be taken into account. For coins with lower potential value it makes much more sense for a CCF member to just post a picture, and let other members submit a grading opinion. All members benefit. 1. The owner gets a reasonably good idea of the grade (and thus value), and 2. Other members are able to improve their own grading skills. ----------------------------------------------------------------------------------------------------------------------------------------------------- Dealers have a distinct advantage to collectors, when it comes to grading fees. They submit bulk lots of coins for grading, and so the cost of fees per coin is greatly reduced. This situation is enough for some collectors to have a preference to buy slabbed coins from dealers, where the price of a slabbed coin may well be more attractive. Edited by sel_69l 03/09/2019 01:24 am Report this Post to the Staff
westcoin Pillar of the Community United States 9792 Posts	Posted 03/24/2019 7:07 pm As a beginner to grading/collecting I would suggest not sending in coins to TPGs. Spend your money on a grading class with the ANA, convention seminar, or Summer Seminar if you can swing it. If you really, really, want the best, this is your best solution. By all means buy or maybe even build a grading set from coins already slabbed. Then try to find the same condition coin raw (not slabbed) at a show. A fun way to add more modern coins to your collection all while learning, try it with cents, nickels, dimes and quarters. The cost you will spend on grading coins unless you've happened upon a pristine untouched collectors coins, are most likely because the no other dealer wants to take the chance or the profit line wont stand for it. Making a $20 bill on a hundred dollar morgan can be easy, add in a $15-40 "service charge" for grading to be added into the transaction and it suddenly isn't worth trying to flip for any profit. Not a great learning experience. That said I'm in full agreement with the other experienced friends above me. Going to larger coins shows will you find most anything from the TV coin shows at half the price available. Many beginning collectors start by overpaying (heck I did too) for coins. Also large shows can be intimidating to new attendees, so much of everything all in one place (also has happened to me). Going to auctions is a great way of seeing coins you can't afford or wouldn't necessarily buy or want to own, and to make notes, see how you grade compares to the price realized after the auction ends. I've been collecting for a long time and with out any doubt I learned the most over several years of attending ANA summer seminars. They even offer scholarships to attend, keds and some adults too! Many other clubs offer scholarships as well I know the EAC does this too. "Buy the Book Before You Buy the Coin" - Aaron R. Feldman - "And read it" - Me 2013! ANA Life Member #3288 in good standing since 1981, ANS, Early American Coppers Member (EAC), Colonial Coin Collectors Club member (C4), Conder Token Collector Club member (CTCC), Civil War Token Society (CWTS) member, Liberty Seated Collectors Club (LSCC) & Numismatic Bibliomania Society member (NBS), USMex, Member in good standing, 2¢ variety collector. See my want page: http://goccf.com/t/140440 Report this Post to the Staff
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What Does It Cost For A Coin To Be "Slabbed"