Do Coins Graded By Less Than Top 3 Need Regrading?

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Author	Replies: 6 / Views: 1,804
memagomes New Member United States 6 Posts	Posted 02/27/2022 6:52 pm Hi, I am new here. I found you when searching "genuine specialist authentication company." Now that I understand not to trust anything but the top 3, do I have to have all the coins from them re-graded? I(or rather my kids) inherited a large collection of coins, some in slabs, some in coin holders and some loose. They are not interested in coins (except to spend) and before anything I understand I have to know what I have before I can decide what to do with it. I have learned that NGC and PCGS coins I can research on their site (thank goodness) but after all coins are inventoried, what do I do about unqualified or ungraded coins? Thanks! Report this Post to the Staff

Spence Moderator United States 34401 Posts	Posted 02/27/2022 7:00 pm @mem, first welcome to CCF. Second, this is a fascinating subject and I expect you will get a variety of opinions as to the answer. Also, I suppose that it will hinge somewhat on whether these other slabs are from second-tier companies or are true basement companies. Maybe give us a couple names of the other companies ? Thx. "If you climb a good tree, you get a push." -----Ghanaian proverb "The danger we all now face is distinguishing between what is authentic and what is performed." -----King Adz Report this Post to the Staff
John1 Moderator United States 56855 Posts	Posted 02/27/2022 7:29 pm To answer your title question,if the grade on the slab does not match the coin then the answer is yes. John1 Report this Post to the Staff
Coinfrog Bedrock of the Community United States 94367 Posts	Posted 02/27/2022 7:42 pm Depends on the coin. No way to generalize on this. to the CCF! Edited by Coinfrog 02/27/2022 7:43 pm Report this Post to the Staff
Collects82 Pillar of the Community United States 1316 Posts	Posted 02/27/2022 7:47 pm Coins by the Top 3 sometimes need regrading... Regardless of the company, the coins are graded by humans and there is variance. We questions the sanity of NGC/PCGS/ANACS on these boards on a rather routine basis. Some slabs outside the top 3 still came from legit companies that tried to compete to varying degrees of success. Other slabs were done by some dude/dudette in their basement and are meaningless. If you wanted to, you could pick out your favorite coins, buy a few empty stock slabs from China, make your own label with the coin's story, and pass along the family history that way. Actually sounds like a cool idea for some of my pieces! What other's have said, you'll want to do some research on each coin regardless of TPG. If you post pictures here, we are always happy to tender our opinions and help out. There might be some non-Top3 we say got it right. There might be some Top3 we thought are misguided in their number. Edited by Collects82 02/27/2022 7:55 pm Report this Post to the Staff
Pacificoin Pillar of the Community Canada 5394 Posts	Posted 02/27/2022 8:28 pm I think that you said it all when you said the beneficiaries are not interested in the coins . The best effort for you is to find a reputable Coin dealer or Coin auction firm Near the area where you live . Sell them and invest the money for the beneficiaries. Don't invest a lot of time or effort in something that will only emotionally zap you . Looking stuff up on the Internet and trying to find out the amount you can sell for will cost you a ton of time ( most valuable resource you have) and end up in total confusion. The key in what I said is REPUTABLE Dealer / Auction firm , get two firm bids/ plans . Then take the best offer . Be sure to get the offers in writing and take the cost of the advice (Appraisal) off the settlement amount . Many firms , mine included refund appraisal fees paid if the collection is sold to them . Report this Post to the Staff
Justice41ca New Member United States 44 Posts	Posted 03/25/2022 01:59 am Quote: I understand I have to know what I have before I can decide what to do with it. There is a post on this site "What to do if you inherit coins" although these responses are all great. It doesn't hurt to check it out. OR Perificoin said Quote: think that you said it all when you said the beneficiaries are not interested in the coins . The best effort for you is to find a reputable Coin dealer or Coin auction firm Near the area where you live . Sell them and invest the money for the beneficiaries. Don't invest a lot of time or effort in something that will only emotionally zap you Having had the same thing happen. I started out just like you, wondering how to find out what I had so I could be a little informed when I tried to sell the bunch. Got information Online, read these blogs etc. bought books. One thing lead to the other bought some supplies to make sure they were no damaged etc. Making it easier to sort and keep like, kind together. Before you know it I had many coins I wouldn't part with compared to the 2 I would. Now I am adding to the collection. So what if my kids are not interested I am, it is something I can do to lock out everything else for a while. I look at it this way. I enjoy it in the here and now. When I am gone they can find a dealer sell the whole thing I won't know. Or, One of them gets interested and the cycle starts over again. Report this Post to the Staff
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