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Modern Commemratives Worth Certifying?

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oih82w8's Avatar
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7840 Posts
 Posted 03/04/2009  11:05 am Show Profile   Bookmark this topic Add oih82w8 to your friends list Get a Link to this Message Number of Subscribers
I just received my Proof and UNC Lincoln Silver Dollars, do you think they are worth certifying? I also have the three piece sets of the 1994 Vietnam Veteran, Prisoner of War, and Women in the Military in proof and UNC. Would you have these sent off for certification?

Thanks, success.

Sorry, duplicate forum entry!
Edited by oih82w8
03/04/2009 11:12 am
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eaglefoot's Avatar
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 Posted 03/04/2009  11:12 am  Show Profile   Bookmark this reply Add eaglefoot to your friends list Get a Link to this Reply


I wouldn't personally with these....but I bet there will be more than a few who will certify their Lincolns perhaps.
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ClearwaterCoins's Avatar
United States
177 Posts
 Posted 03/04/2009  8:27 pm  Show Profile   Bookmark this reply Add ClearwaterCoins to your friends list Get a Link to this Reply
I think that it is up to the individual. I prefer to have my coins uncertified. If I purchase a certified coin most of the time I will take it out of its plastic holder. I like to be able to touch my coins.

CC
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ErrorCoins222's Avatar
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 Posted 03/04/2009  8:51 pm  Show Profile   Bookmark this reply Add ErrorCoins222 to your friends list Get a Link to this Reply
If these dollars stay at about the same price that they were sold for, within $10, I think it is best not to certify them. You could probably buy a certified slab with the coin for the same price of sending it into a grading service, like NGC or PCGS. If they gain in value, I might send them in.
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Spider5689's Avatar
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 Posted 03/04/2009  11:06 pm  Show Profile   Bookmark this reply Add Spider5689 to your friends list Get a Link to this Reply
Personally I prefer my modern commemoratives in their original packaging.
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eaglefoot's Avatar
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 Posted 03/05/2009  09:08 am  Show Profile   Bookmark this reply Add eaglefoot to your friends list Get a Link to this Reply
......even my Lincolns will stay right in their little cases that they came in !...(or maybe in the distant future a nice album!)

I kind of agree with the "certain value" rule. Perhaps $100.00 or even much more before I'd even consider the need "certify it".
Except in cases where it needs "officially identified" and/or graded.
But lessor value/more common coins wouldn't warrant the reasons or expense....IMHO.
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cownas22's Avatar
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1055 Posts
 Posted 04/22/2009  03:01 am  Show Profile   Bookmark this reply Add cownas22 to your friends list Get a Link to this Reply
I bet you could buy a certified lincoln commemorative for around $60 or so certified PF or MS-69 on ebay currently. I would usually wait until a coin is valued $100-$150 before I would have it certified.
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eaglefoot's Avatar
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 Posted 04/22/2009  11:50 am  Show Profile   Bookmark this reply Add eaglefoot to your friends list Get a Link to this Reply
This is how/why the Home Shopping Network and others get so much money for their Lincolns or MS Cents, etc., etc., etc., They have to recoup their money and offer the "pretense" that these coins are more valuable than what you have.
In other words, their '09 Lincoln Silver Dollar is much better than the same one you have from the Mint because their Lincoln is certified......well.......maybe so......maybe not....but they have to GET THAT MONEY BACK FROM THE CERTIFICATION COST BY CHARGING MORE FOR IT TOO !! And in this particular example, I wouldn't pay .03 cents more for theirs, than what I paid for directly from the Mint.
But, anyway..... "new" Commem's aren't worth certifying IMHO. I'm sure "the market" might very well be there, but it's of no interest to me to do that for a Lincoln Dollar or any other Ultra Modern Commem.
Buying, selling, and certifying to have the "slabbed" older Classic coins like Morgans, Trade dollars, etc., etc., for official grade and/or identification.....yeah.....that's a whole other animal.
ASE's do warrant this action for more people than Commem's or other Modern coins....but still no for me.
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gmherps13's Avatar
United States
295 Posts
 Posted 05/16/2009  09:56 am  Show Profile   Bookmark this reply Add gmherps13 to your friends list Get a Link to this Reply
I have taken half of my Lincoln $1 coins off to the side for grading, just in case!
New Member
United States
25 Posts
 Posted 05/20/2009  6:35 pm  Show Profile   Bookmark this reply Add DAN505 to your friends list Get a Link to this Reply
If you are like me and buy coins just because you love them and plan on keeping them for a long long time and pass them down to your kids/grandkids some day, then certifying is a wast of time and money IMO. but if your buying them to sell and try to make a profit, then its a different story. I dont think many modern coins grade below 69 if you receive them direct from the US Mint, so knowing that, I know I have almost perfect coins or maybe even perfect, and that is good enough for me.
Dan
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2old's Avatar
United States
79 Posts
 Posted 09/09/2009  12:09 pm  Show Profile   Bookmark this reply Add 2old to your friends list Get a Link to this Reply
If you wait until the market is flooded with slabs of newer issues, you can get them cheaper on ebay than you can get them slabbed for. Well maybe a little more, but MS-69 Lincolns in PCGS holders you will find 2009 Abraham Lincoln Commemorative Dollar PCGS - MS 69 for $79.99 or less or 2009-P Lincoln Bicentennial Silver Dollar, PCGS MS-70 for $149.50 or less. I have not looked at the PCGS population report but, these have to be good buys!
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fyimo's Avatar
United States
245 Posts
 Posted 01/15/2010  9:07 pm  Show Profile   Bookmark this reply Add fyimo to your friends list Get a Link to this Reply
I wouldn't have them certified because of the cost and they all come back as 69 or 70 anyway in both the proof and uncirculated and until the population reports shows that very few are graded 70 I wouldn't pay a large premium for one graded 70.

Dealers send in bunches of them hoping to make a huge profit on those graded MS70 or PF70 ultra cam and they cater to the registry crowd to get the high prices for them. A MS 69 is a heck of a coin so I don't worry about the difference between those two grades.

My Modern Commemorative set is all ungraded and in Dansco albums but that's just me and the way I like them.
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