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 Replies: 44 / Views: 5,764 |
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Pillar of the Community
United States
7276 Posts |
Some people just don't get humor/sarcasm. So let me explain it to you. The OP wanted to submit a coin for grading, several posters said no its not worth it, the OP said he saw the same coin sell for thousands on Heritage. Several more posters said its not the same coin, so instead of arguing with some one that clearly has made up his/her mind, we shouldn't discourage them, let them get these "super valuable" coins graded, so that they can see what the coin is truly worth. So many people come on here and believe they have won the coin lottery who are we to tell them "Nope its a common coin", we should be encouraging every one that disagrees with the people on CFF to get those coins graded as "we don't know".
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Bedrock of the Community
13014 Posts |
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So many people come on here and believe they have won the coin lottery who are we to tell them "Nope its a common coin", we should be encouraging every one that disagrees with the people on CFF to get those coins graded as "we don't know". There's nothing wrong with explaining things to someone new at the start should happen, but there is something to be said for just letting them learn if they keep arguing. I'm not saying that happened here though for US coins if heritage says no it's definitely not a 5 figure coin unless it's some obscure new variety which is different, but there definitely have been times where its just time to say let us know how it turns out |
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Rest in Peace
United States
18456 Posts |
Wow ,I can not believe half you guys . Why are we giving a lot of new and old members advice not to send their coins in for grading ? Simple ; We're looking out for our members so that they don't make a drastic mistake . Virtually all guys that ask our opinions on to grade or not to grade are glad to here the answers that we give them . Why have someone spend foolish money on grading an inferior coin when we know they will loose their shirts . If I was a newbie and I asked if I should send a common date Mercury dime in for grading and I'm thinking it grades MS-68 Bokoo $$$$$ And no seasoned member tells me it's only MS-63 or 64 Do Not Send In . I would not be very happy with CCF members .    I'm all in for letting them know the the truth before they mail that coin in ! Hope we can have a closed and shut case on this issue . |
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Pillar of the Community
United States
7276 Posts |
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Virtually all guys that ask our opinions on to grade or not to grade are glad to here the answers that we give them . Why have someone spend foolish money on grading an inferior coin when we know they will loose their shirts . Hmmmm... lets see. You submitted a coin to Heritage they tell you its not worth grading. You come on CFF and ask if you should send it in, we tell you no. You state the coin is MS 68 and worth $$$$ We at CFF tell you again no and the coin is worth only $30. You state that the coin is MS 68 and only looks bad because of the picture. In this case several posters told you no, its not worth grading, Heritage told you no. So my advice to you is "go grade it as we obliviously don't know what we are talking about, preferably through NGC or PGCS" Edited by hfjacinto
02/10/2020 9:52 pm
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Bedrock of the Community
United States
94367 Posts |
Kevin will eventually learn that his coin isn't worth much at all. We have tried to dissuade him, but it has to be his choice.  |
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Pillar of the Community
 United States
8938 Posts |
@CoinFroggy, that was the next increment, but honestly I had the money to spare. In all honesty I thought I'd be ending at around $7/800 which is why I didn't bother. To clarify this was a 1945-S in 67 with a gold bean, meaning it would upgrade to 68 and CAC. The greysheet on that was ~$1100 for a blast white. Can you see why I didn't bother raising my bid? I never would have predicted a sale for 50% of Greysheet.
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Bedrock of the Community
13014 Posts |
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@CoinFroggy, that was the next increment, but honestly I had the money to spare. In all honesty I thought I'd be ending at around $7/800 which is why I didn't bother. To clarify this was a 1945-S in 67 with a gold bean, meaning it would upgrade to 68 and CAC. The greysheet on that was ~$1100 for a blast white. Can you see why I didn't bother raising my bid? I never would have predicted a sale for 50% of Greysheet. I can see why you didn't bother to follow it, but if I bid I always put in what I would be willing to pay and if it falls short it falls short |
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Pillar of the Community
United States
5672 Posts |
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Hmmmm... lets see.
You submitted a coin to Heritage they tell you its not worth grading.
You come on CFF and ask if you should send it in, we tell you no.
You state the coin is MS 68 and worth $$$$
We at CFF tell you again no and the coin is worth only $30.
You state that the coin is MS 68 and only looks bad because of the picture. If you read the first 4 posts to this topic, that's not really how it went down. I agree sometimes new members can be obstinate about their coin's value, but that doesn't seem to be the case here. I think a little bit of patience should be the default response. |
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Moderator
 United States
56855 Posts |
Kevin118  John1  |
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Bedrock of the Community
Australia
21788 Posts |
@Kevin 118:
Perhaps under the current circumstances, you decide not to get it graded.
You can always get a range of grading opinions 'on the cheap' anyway:-
Ask us to grade it for you.
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Bedrock of the Community
United States
17884 Posts |
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If you read the first 4 posts to this topic, that's not really how it went down. Yes it didn't quite go down that way but it is close. First post he indicates that he has already been told by Heritage and by an unknown number of people on the NGC forum that it isn't worth grading, but he has seen similar coins sell for thousands of dollars and he wants to know how to get his graded. (He has had multiple warnings before he ever came here. Seems like he is looking for a different answer than the one he has been getting.) Second post doesn't address the matter. Third post again informs him it isn't worth grading. Fourth post says that he wouldn't have it graded, put questions why we should advise him not to. So then after all this good advice the OP come back in post eight and says that he thinks is coin is of the same quality as the MS-68 that sold for $15K. At this point it's time to answer his question from the first post and tell him how to submit his coin and get it graded. He has nad many warnings and has ignored them, it's time to let him get burned. Some people will only learn by making their own mistakes and can't seem to learn from the mistakes of others. No one is saying (or at least they shouldn't be saying) that we shouldn't give advice to a new member as to whether or not they should get their coin slabbed, but after several people have told them it isn't a good idea it is time to stop trying to protect someone who is CONVINCED they have a winner. Edited by Conder101
02/11/2020 1:45 pm
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Pillar of the Community
United States
5672 Posts |
I hate to belabor the point, but my reading of his only follow up post (post #8) was that he said: Never mind, he thought his coin might be MS-68, but he wasn't sure, and because of the advice given, he was going to sell it as is and not get it graded. Perhaps I'm being overly tolerant, but he just seemed uneducated, not obnoxiously stubborn like some previous posters.
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Pillar of the Community
United States
7276 Posts |
I never said the first 4 posts. I basically read it like Conder101 posted. My take on this is that people come here and have a preconceived notion that whatever coin they have is worth a lot of money. We tell them its not and many will say that it is, there have several posts like this including last 2 days:
1) the non S proof dime (which everyone said was a cleaned circulated P) and the OP ended up creating another thread to say that there is a way to tell Proof circulated dimes.
2) The hairy Coin guy, that posted several common poor condition coins that he thought were worth millions
There are probably 5 posts every day on whether a poster should grade a common circulated coin. I think its time that if some one comes on here and asks whether to grade, the response should be I wouldn't but if you want to go right ahead. After a few hard ($$$) lessons I think people will learn. It doesn't take a lot of knowledge to know that not everything should be graded but with all the common coins that are slabbed I'm not certain people really know/care. I've purchased slabbed coins that cost less than the cheapest grading fees. Seems to me a lot of people grade everything.
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Bedrock of the Community
United States
10635 Posts |
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Seems to me a lot of people grade everything BINGO! |
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Bedrock of the Community
United States
20753 Posts |
I think it is hilarious when I see coins at coin shows that are basically worth very little and in a slab. I've seen one or two year old Cents in PCGS slabs. People are really slab happy lately. Telling someone not to have a coin graded and slabbed is sort of a waste of time since that person will soon enough see a similar coin in a slab somewhere.
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Replies: 44 / Views: 5,764 |
First Page
Posted 02/10/2020 9:29 pm
