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Replies: 8 / Views: 1,761 |
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Valued Member
United Kingdom
228 Posts |
Hi everyone, I've always assumed that when grading coins that I'd have to send them abroad to get slabbed. My question is where is the best place in the UK to send coins off too to get graded, verified and appraised? Thanks in advance for answers Love Alun
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Pillar of the Community
 Canada
5394 Posts |
NGC HAS A London office in the same building as Spinks On 69 Southampton Row near Russell Square .
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Valued Member
 United Kingdom
228 Posts |
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Pillar of the Community
United Kingdom
856 Posts |
Bit cheeky perhaps but, I'm curious why you'd want to get coins slabbed and graded Alun? Few British collectors are bothered (most of the people I know just break the slabs open on receipt), you can get opinions of whether a coin is genuine or not quite easily online, and for things like hammered coinage, US TPGS (and the majority are American) still don't have the knowledge or experience to grade (or even identify) to UK standards. Not to say there aren't good reasons to get coins slabbed. Just it costs money and it's worth considering whether it's worth it. 
Edited by Tom Goodheart 03/06/2023 11:24 am
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Valued Member
United Kingdom
383 Posts |
Easiest is to look at what grade reputable dealers say their coins are. Token Publishing's Coin Year Book always has a section on grading. They usually have a stand at the bigger coin fairs and also issue the magazine Coin News, which is usually in well known High Street newsagents. Rotographic (who seem to be difficult to get hold of nowadays) brought out a nice little book by D F Allen called "The Standard Guide To Grading British Coins" back in 2009. All the best!
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Pillar of the Community
United Kingdom
694 Posts |
I used to be firmly in the I don't need a third party to charge me for what I already know camp. But history shows Slabbed coins give a much better return than raw coins at auction should the time come to release your prize coins. Also it will easily negate the cost of the entombing. And whilst not immune from pre slabbing problems at least they are free from any unfortunate damage
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Pillar of the Community
Portugal
655 Posts |
Quote: Bit cheeky perhaps but, I'm curious why you'd want to get coins slabbed and graded Alun? This is a good question, I am wrestling with also. I like my coins available outside any plastic. I think most collectors in Europe do. But when thinking about selling some foreign coins I have, sovereigns also, grading may be useful? The sovereigns are small and most people cannot photograph them easily. If you want to trade one in mint state, think it is valuable because it is in very good condition, how to prove that to a buyer? Now that so much is traded at a distance. I spent much time seeing how to make good photos of a nice sovereign I have. And I am not yet happy with the result. Grading may solve this problem, for a cost that is not so much for expensive coins? Then the buyer can liberate the coin from the plastic.  Or do british collectors mistrust or shun the coins in slabs?
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Pillar of the Community
United Kingdom
856 Posts |
Well, Third Party Grading and slabs were introduced to allow dealers to trade in the days before images were easily available on the internet, so that makes sense jecz.
And I don't think British collectors mistrust or shun the coins in slabs. It's just that most TPGS grade to the Sheldon scale, which wasn't designed for British coinage and is sometimes carried out by people who don't have the knowledge or experience of the coins they're slabbing to say anything useful! In particular early milled or hammered coinage often have qualities that don't translate well to a strict numeric scale. And slabs can make it difficult to see the edges (or even outlines!) of coins, which can be important to UK collectors.
There is an increasing market for encapsulated coins in the UK. However it's more for the more modern pieces. And sometimes applied to items that I don't feel benefit from it. What's the point of a 'top pop' grade for a series that's all struck to proof standard and not intended for circulation?
I think the British view is still 'buy the coin, not the slab'. I'm sure we've all seen things that, technically, are uncirculated, but spoilt by odd toning or some other defect that takes away the 'eye appeal' but not the grade. Similarly, coins that, due to striking techniques of the time, lack the crispness of a modern issue and are subsequently 'penalised' with a lower grade, even though they are better than average examples for the type.
I worry that the trend to slab everything is like shoehorning round pegs into square holes. TP Grading has it's place. I just hope that British collectors and dealers continue to understand that it's not appropriate for everything. In some cases it's just a waste of money.
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Pillar of the Community
Portugal
655 Posts |
I agree, completely. Ancient and medieval coins are different. Different issues can have peculiarities. And hammered coins are all different. No way to apply very fine-grained grading. Proof is supposed to be top quality, people want to have grades on them? Perhaps when they get oxidized or mistreated? Britain has the century old proof coins, I think I read.
I think of sending only some more expensive modern era British coins for grading. To see how good the photos from those services are. And to made it easier for sell them. I see many sovereigns here in Portugal. They were used as standard gold coins after coinage of gold ended here. A shame to see nice looking ones going to melt, I saved some on sale. But do not really have a place in my collection. I do not know how to judge them properly, grading looks a good solution to see what to ask.
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Replies: 8 / Views: 1,761 |
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