1979 D Jefferson Worth Grading?

MS-63. Don't waste your money on grading this one.

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.


Full Steps:
A marketing gimmick. Search this forum to find where the FS designation, when slabs are compared, again is an inconsistent thing and a gamble.
You do not know if it will be assigned or not. Grading companies have a terrible record for variety assignment. Just one example is int he essay in my signature showing incompetence on a rookie level for one of the easiest to see Kennedy half varieties.
This is NOT a slam against anyone liking FS nickels (I like them.)! It is just another way of saying to always buy the coin and not the slab.

BTW - the companies will not tell you why they assign the grade/designation they do.

Lincolnhunter, I'm just curious ,especially with new folks, why they think a coin should be slabbed? is it because you think the coin would be worth more or is there something else that would lead you to want to slab a coin?

are you aware of the costs to slab a coin? for PCGS just to sign up will cost you a minimum of $70. I think you can get an economy rate of $22 for a coin like this and then you have shipping both ways so you're into it for about $100 for a single coin. multiple coins would be less as you would not have the subscription cost

this is the reason its suggested to not slab a coin unless you have a rare coin or the value would exceed $150. it just doesn't make sense. at least you checked here first so kudo's to you for that