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 Replies: 15 / Views: 2,580 |
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Valued Member
United States
245 Posts |
So what years would u say are not worth grading even in good condition persay? Also if you cant make a decision weather you should or not what do u factor in when u can't just send it in. I find myself wanting to grade bad year coins just for the fun am I the only one on this I think about it but then I feel like ill keep it as is cuz it wont be worth much and there would be a loss. I feel wrong that I want to conserve a coin that isn't worth much only to do for fun. This is just a thought. I wonder if others may have a similiar experience at times. Or maybe you have done or do this kinda thing. Edited by youngmaster
04/25/2021 10:34 pm
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Pillar of the Community
United States
1373 Posts |
I think I'm 180 degrees different in my thoughts on grading coins. My question would be more like "Why would you want a coin graded?". Having a coin graded doesn't make it any 'better'; it's the same coin but in a slab of plastic. I will never slab a coin. I do own many slabbed coins already, but that was how I acquired them. All my proof Washington quarters are in 2x2's and in a nice binder.....except for my 1936 which sits in a shoebox somewhere else. I have a nice folder with the complete SBA dollar set.....except for two holes for the '79 and '81 type-2 proofs. Those also are in a shoebox and next to the empty holes are just checkmarks penciled in. Several of my silver Canadian Vickies are somewhere in ICCS flips far away from their prominently displayed 'cousins'. Maybe I'm a little weird about this, but I like to 'touch' my coins now and then. I can't do that when they're in a coffin. It's kind of like comic books. I have thousands from the 1960's and 1970's that I can still pull out and read if I feel like it. Now they sell graded comics in plastic. You can look at the cover and the advertisement in back, but you can't read anything inside. I don't understand.  |
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Bedrock of the Community
Australia
21786 Posts |
None of my coins are slabbed. I do all of my own coin grading, besides, slabs are at odds with the way I store and display my collection.
Notwithstanding that fact, for those that do wish to send coins for grading, the basic reason why one would not send coins for grading has to do with grading and shipping fees.
If the potential value of a coin after grading is less than (say) $150, then the grading and shipping fees cannot be justified.
Doesn't matter what the condition, date or rarity of the coin may be, what does matter is what it's potential value after grading is likely to be.
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For collectors of American coins, it is essential that the Sheldon grading system is learned, so you can grade your own un slabbed coins with accuracy and confidence. Since most collector's coins would be valued at less than $100 each, it follows that is where most of the value of your collection (if not all of it), will be.
Edited by sel_69l
04/26/2021 7:04 pm
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Valued Member
 United States
245 Posts |
I appreciate your responses, they were great! I can see how there a different personality behind the collector on how it is to be one. I am developing one of my own I guess too. This is going to be a journey. When deciding "grading" per-say. I am assuming theres a personal preference or opinion to it. Would this mean grading is done by the "owner" "seller" "Grading party". I ask this to see if people are trying to do good grading systems of their own standards. I would imagine people have different things they like about a coin so standards are different aswell lots to say on this but ill keep it to this length...
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Bedrock of the Community
United States
94367 Posts |
Personally, I'm not sure I understand the basic question here.  |
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Valued Member
United States
245 Posts |
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Pillar of the Community
Canada
3733 Posts |
If grading a coin, will bring no extra value to the coin in questions, then , Please don't have it graded..
A 5$ coin will always be worth 5$..
You can put lipstick on a pig, put it is still a pig under the lipstick.. Think about it..
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Valued Member
United States
128 Posts |
grading is way too expensive to be worth it for most coins. IMHO the only reason to grade a coin is 1) you are very certain it is worth a ton of money and quite rare and 2) you want to sell it. If its 1 and not 2, you can properly clean it and seal it up yourself, the tools and knowledge to do so are easy to come by these days. If its 2 and not 1, you will pay more than its worth getting it graded.
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Bedrock of the Community
 United States
18657 Posts |
unless you have money to burn thats exactly what you would be doing. when I go to buy a coin I dont care if its slabbed or raw, I grade the coin itself and dont rely on a TPG. there are way too many instances where TPG's are wrong and sometimes way off. grading is subjective. put the coins in a holder or book and enjoy them. |
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Valued Member
United States
245 Posts |
Thank you for all your responses...
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New Member
United States
24 Posts |
For what it's worth, I will never pay a lot of money for a coin unless it is graded.
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Pillar of the Community
United States
2869 Posts |
I will never grade a coin if it does not have the potential to be worth $150 after grading. Grading is there only to increase the value of the coin past the raw coin value and the grading fees put together.
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Valued Member
United States
245 Posts |
Those are really good points to consider... Thank you for your posts!
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Pillar of the Community
United States
3469 Posts |
I've paid to grade one coin. I let other people pay the grading fees for the hundreds of other graded examples in my collection.
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Moderator
 United States
95517 Posts |
I buy graded coins of high value ONLY to ensure that they are genuine. I am pulled in two directions after I get them. Do I crack them out to fill the hole I bought it to fill, or do I place a token in the hole and keep the graded coin in its little prison. I have had only 2 coins in for grading in my life. both of them were the V75 ASE's I wish I hadn't but at the same time glad I did. |
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Valued Member
United States
245 Posts |
Those responses were kinda refreshing something that I didnt think about is if you get the coin already graded and have a place for it. That you may want to fill the slot to go where you would want them instead... I might have similar conflict I have a coin in a already filled the slot, but a second one comes around that seems more suitable to be there. Then I still have the first one and would like a second place to put it... Funny how you can end up in a silly situation like that.
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Replies: 15 / Views: 2,580 |
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Posted 04/26/2021 09:47 am
