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Replies: 10 / Views: 1,073 |
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New Member
United States
2 Posts |
This is my first posting to this community and I am new to the hobby. I have been frustrated by visiting coin shops to ask questions, only to be offered melt value for my examples. My question: Should I have my coins graded? I have attached one of many examples: Any comments welcome!  
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Pillar of the Community
Canada
857 Posts |
Unfortunately 1878 'S' is quite a common date even in that condition, about AU-58, melt is right around what most dealers will pay for that coin as I imagine they would price it around $25-$30 USD and it would probably sit awhile.
I have an example of that same date and mint mark in even better shape, MS-63, and I paid to get it graded by a Canadian grading company 'CCCS', and even now most dealers would probably offer about $30-$40 CAD for it.
Mind you it was a gift from my Father, and I only paid to have it graded as a preservation measure with no intent to sell. The grading fees for me were only $12 as I sent it in with a friend of mines order, whereas if you were to send it to a US grading company it would likely cost you about $18 for the grading, probably another $10 for shipping handling and insurance, plus the membership fee for the grading company you choose.
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New Member
 United States
2 Posts |
Thank you VERY much! I really need to work on my coin photo skills as well!
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Pillar of the Community
United States
7618 Posts |
 .... to the Community! Your 78-S appears to be in high AU condition. I'd put it in the AU55/58 range. It is not worth slabbing unless it has some kind of sentimental value.
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Moderator
 United States
56855 Posts |
 to CCF. As a general rule,a coin needs a retail value after slabbing of at least $150 to justify all costs involved. John1 
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Bedrock of the Community
United States
94367 Posts |
Agree this is AU, possibly cleaned, and not worth the cost of grading.  to the CCF!
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Bedrock of the Community
 United States
18657 Posts |
 the lighting is washing out the surfaces but I agree with Coinfrog
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Pillar of the Community
United States
663 Posts |
Looks to have been cleaned, the obverse is full of hairline scratches and it also has no luster overall judging from these pics
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Bedrock of the Community
United States
36724 Posts |
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Moderator
 United States
188130 Posts |
 to the Community!
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Pillar of the Community
United States
4989 Posts |
No better than AU-55, possibly details. Need clearer photos.
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Replies: 10 / Views: 1,073 |
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