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Coin Grading Advice Needed

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Author Previous TopicReplies: 4 / Views: 1,891Next Topic  
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Aref's Avatar
United Arab Emirates
204 Posts
 Posted 06/08/2022  02:59 am Show Profile   Bookmark this topic Add Aref to your friends list Get a Link to this Message Number of Subscribers
I'm very curious to know this:
If I have a coin and it's worth $50 and I plan on selling it for $50 but then I decide to send the coin for grading and then sell the coin after grading. If I'm selling the coin do I price it $50 + grading fees or nobody pays extra for a graded coin. I would really appreciate it if someone could help a brother out.
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Slerk's Avatar
Russian Federation
1557 Posts
 Posted 06/08/2022  06:03 am  Show Profile   Bookmark this reply Add Slerk to your friends list Get a Link to this Reply
This is a very dangerous event. There is a chance that your coin will be cheaper after the evaluation than before.
I would advise you to post the coin on this forum before submitting it for evaluation.
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Coinfrog's Avatar
United States
94367 Posts
 Posted 06/08/2022  08:35 am  Show Profile   Bookmark this reply Add Coinfrog to your friends list Get a Link to this Reply
Yes, pics please!



to the CCF!
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SaturnD51's Avatar
United States
425 Posts
 Posted 06/08/2022  09:00 am  Show Profile   Bookmark this reply Add SaturnD51 to your friends list Get a Link to this Reply
A lot of people like buying graded coins. True there is a cost that goes with having a coin graded. Only problem is we tend to think a coin looks to be a certain grade while in reality is not. Many times I have thought my coin should be a ms67 and when I got it back from grading it was a ms65. Well now my 60 dollar coin is worth 11 dollars with a grading fee attached. Ouch. I have lost out in the past but I have also learned to grade coins better. A coin's value is worth what someone will pay for it. Everyone does not feel the same as we do about the value or worth of a coin. It is a fine line to cross in deciding about grading. Good luck and hope you accomplish your mission in deciding. Post those pics. Always great to hear someone else's opinion, can't hurt.
Edited by SaturnD51
06/08/2022 09:01 am
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BStrauss3's Avatar
United States
4593 Posts
 Posted 06/08/2022  09:02 am  Show Profile   Bookmark this reply Add BStrauss3 to your friends list Get a Link to this Reply
The early bird gets the worm. The second mouse gets the cheese.

Rarely is the value - especially of a low-valued coin - increased by the amount of the grading fees.

A $50 coin is a $50 coin, regardless of whether you paid $5 on a cherry-pick, or an already slabbed coin.
-----Burton
50+ year / Life / Emeritus ANA member (joined 12/1/1973)
Life member: Numismatics International, CONECA
Member: TNA, FtWCC, NETCC, EveryCountry (online) coin club
Owned by three cats and a wife of 40+ years (joined 1983)

Author: 3rd Edition of the Sample Slabs book, https://www.sampleslabs.info/
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