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1965 Jeff Nickel Worth Grading?

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Author Previous TopicReplies: 10 / Views: 907Next Topic  
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Lincolnhunter's Avatar
United States
37 Posts
 Posted 10/10/2022  03:31 am Show Profile   Bookmark this topic Add Lincolnhunter to your friends list Get a Link to this Message Number of Subscribers
Is this something worth grading thanks for your comments.
1965-Jeff-Nickel-Worth-Grading?
1965-Jeff-Nickel-Worth-Grading?
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John1's Avatar
United States
56855 Posts
 Posted 10/10/2022  03:51 am  Show Profile   Bookmark this reply Add John1 to your friends list Get a Link to this Reply
You posted in the wrong section,I PMed the mods to move it.
John1
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Lincolnhunter's Avatar
United States
37 Posts
 Posted 10/10/2022  03:59 am  Show Profile   Bookmark this reply Add Lincolnhunter to your friends list Get a Link to this Reply
Thanks I posted one more of these before I reluzed there was a chin heading section. Lol now that I know it won't happen again.
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nickelsearcher's Avatar
United States
15408 Posts
 Posted 10/10/2022  05:30 am  Show Profile   Bookmark this reply Add nickelsearcher to your friends list Get a Link to this Reply
It's at best an AU coin, numismatic value is maybe 4x face value if you can find a motivated local retail buyer with no shipping costs.

PCGS grading fees will run you about $50 if this becomes a single coin submission considering grading fees and postage both ways.


Quote:
Is this something worth grading


Given what I said above - can you now answer this question?

edit for spllgening
Take a look at my other hobby ... http://www.jk-dk.art
Edited by nickelsearcher
10/10/2022 05:31 am
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Coinfrog's Avatar
United States
94367 Posts
 Posted 10/10/2022  09:10 am  Show Profile   Bookmark this reply Add Coinfrog to your friends list Get a Link to this Reply
Definitely not worth grading.
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ijn1944's Avatar
United States
19142 Posts
 Posted 10/10/2022  09:13 am  Show Profile   Bookmark this reply Add ijn1944 to your friends list Get a Link to this Reply
Agree, not worth grading.
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Earle42's Avatar
United States
10034 Posts
 Posted 10/10/2022  10:12 am  Show Profile   Bookmark this reply Add Earle42 to your friends list Get a Link to this Reply
I have heard it said on this forum many times that unless a coin is worth 150.00, the you won't come out ahead due to grading costs.

If you like losing money, ignore the rest of this

Consider the grading companies (TPGs) are businesses:
1. Ask yourself why a business exists.
2. TPGs record/publish how many of the highest graded slabs, let's call them "money-slabs," they have assigned.
3. The less money-slabs assigned a specific coin increases the market price people pay to own one.
4. Therefore more and more people pay the companies to slab their coins hoping for a money-slab.
BTW:
5. The invention of online registry set competitions has boosted the prices of slabs considerably - another genius marketing idea.

B/c TPG's use no verifiable scientific standards for grading, cracking out a coin and resubmitting (even to the same company) means different grades can/do result. Hence the company's profitable "re-slabbing game" exists with people re-submitting and hoping for a money-grade slab.

If you just like collecting slabs for what they are, then go for it and enjoy the slabs/hobby (including registry sets)!

But if you are asking about slabbing (and I see you have a couple similar posts) with hopes of finding good coins, slabbing, and then selling for profit, then despite youtube hype (remember people make videos there for money and want to make exciting content), there would be an awful lot of us who have been collecting for many years who would be a lot more wealthy.
How much squash could a Sasquatch squash if a Sasquatch would squash squash?
Download and read: Grading the graders
Costly TPG ineptitude and No FG Kennedy halves
https://ln5.sync.com/dl/7ca91bdd0/w...i3b-rbj9fir2
Pillar of the Community
United States
3207 Posts
 Posted 10/10/2022  11:29 am  Show Profile   Bookmark this reply Add nick10 to your friends list Get a Link to this Reply
why, coins are always worth grading in this forum

I'd rate this one AU58
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panzaldi's Avatar
United States
18654 Posts
 Posted 10/11/2022  08:10 am  Show Profile   Bookmark this reply Add panzaldi to your friends list Get a Link to this Reply
i have it at AU55...value 5c
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Lincolnhunter's Avatar
United States
37 Posts
 Posted 10/11/2022  10:03 pm  Show Profile   Bookmark this reply Add Lincolnhunter to your friends list Get a Link to this Reply
Thanks again everyone this is really good info!
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IndianGoldEagle's Avatar
United States
36710 Posts
 Posted 10/14/2022  1:58 pm  Show Profile   Bookmark this reply Add IndianGoldEagle to your friends list Get a Link to this Reply
Spending 50 bucks to get a coin graded will not make the coin worth more. It's an AU coin worth 5 cents.
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