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Replies: 12 / Views: 1,628 |
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New Member
United States
3 Posts |
I have an 1851 Gold Dollar in what looks like great condition. It was my grandmother's who passed away earlier this year. I have a small coin collection but think this may be worth a fair amount of money and since a coin is hard to share with the family I am thinking I should maybe sell it. I am hoping the coin community might be able to help with a few questions. What is the best way to get the most value of said coin? Should I have it graded? does that increase value? Doing some looking I am finding 2 main graders NGC or PCGS; is one better than the other? Any help, comments, advice would be much appreciated. Thank You!  
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Bedrock of the Community
United States
10982 Posts |
 Your grandmother left you a very nice coin. Yes, it should be graded to maximize value. PCGS is the #1 grading company with NGC a close second in many people's minds. Your coin looks like it could grade MS65 or even 66. It's hard to tell from images. You might have a $3,000 coin there.
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Pillar of the Community
 United States
8938 Posts |
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Valued Member
179 Posts |
Probably about $3000 value... If it were me, I would do everything I could to keep the coin, especially in the family. However, under certain circumstances, I understand, you have to sell. I hope it works out!
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Pillar of the Community
United States
6385 Posts |
The glare in the photos is making it hard to evaluate the surfaces. I see a few small hairline scratches and marks but it does appear to be mint state. Based on what I can see I don't think it would grade as high as MS-65. Can you post new photos with less intense lighting?
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Bedrock of the Community
13014 Posts |
Whether or not you sell it I would send that to PCGS
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Moderator
 United States
188747 Posts |
 to the Community!
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Bedrock of the Community
United States
94367 Posts |
Sharper pics would really help.  to the CCF!
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New Member
 United States
3 Posts |
Thank you all for the response. I was looking into how to submit a coin for grading at PCSG, and it was a bit confusing. Roughly how much should it cost to get this graded? I know that certain things should not be cleaned because that could effect value. Is there a cleaning solution that can be used with a nonabrasive cloth to get finger oil and dirt off without harming the coin? Here are some better lit photos. It is such a small coin.  
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Bedrock of the Community
13014 Posts |
Quote: Is there a cleaning solution that can be used with a nonabrasive cloth to get finger oil and dirt off without harming the coin?
No, don't even try it. Leave it as is. Quote: I was looking into how to submit a coin for grading at PCSG, and it was a bit confusing. Roughly how much should it cost to get this graded? Which membership you get will depend on how many coins you have to submit. If it's just that one get the $69 dollar one, if you have 8 get the one with the 8 coin vouchers as that will save you money. That coins will be regular service which is $35 + $10 handling fee plus $28 return shipping. If you want a picture of it too add another $5. I would add the picture with the gold shield as that way you will have at least have a picture of it even if you sell it.
Edited by basebal21 11/22/2019 3:41 pm
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Bedrock of the Community
United States
10982 Posts |
The new pics do show more distractions but this tiny coin (magnified 20X on my screen) has booming full mint bloom and is very well struck.
Don't touch it. Submit it for grading. It should make 64 easily and still has a shot at 65.
P.S. I'd send it to PCGS via Registered Mail with $3,000 in insurance.
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New Member
 United States
3 Posts |
I have been slacking and have yet to submit this to PCGS, but it may pay off. I am going to be in NYC next week, and it seems there is a convention there next weekend, the New York International Numismatic Convention, and PCGS has a booth and their website says they are excepting submissions. I am wondering if any of you guys know... With submitting online there is a mandatory Collectors Club membership, will submitting at a convention bypass the that? Is submitting at a convention less expensive? worth the $20 to get into the convention to submit this coin there? Thanks for the help guys!
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Bedrock of the Community
13014 Posts |
Quote: With submitting online there is a mandatory Collectors Club membership, will submitting at a convention bypass the that? You need a membership either way or to have someone with a membership submit for you. If you have multiple coins the 8 voucher membership is the best and submit all at once. Quote: Is submitting at a convention less expensive? More expensive if you do show grading (which they aren't offering that time), but for normal submissions it just saves you the cost of shipping the coins to them. Quote: worth the $20 to get into the convention to submit this coin there? If your only reason for going is that, not it wouldnt be. You'd be spending the same or more than shipping would be getting too and from there plus entrance. That said the advantage would be you can have them walk you through everything in person and go around the show if that's something that interests you
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Replies: 12 / Views: 1,628 |
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