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Replies: 17 / Views: 2,292 |
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New Member
United States
40 Posts |
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Moderator
 United States
34397 Posts |
Looks like a pretty nice group to me @cor, although some of the coins have problems as you already knew. I note that you could post pics of your 1900 P Morgan today on this thread: http://goccf.com/t/449719
"If you climb a good tree, you get a push." -----Ghanaian proverb
"The danger we all now face is distinguishing between what is authentic and what is performed." -----King Adz
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Pillar of the Community
United States
4233 Posts |
Looks great! I finally did the same thing at the beginning of this year. http://goccf.com/t/435777 was my thread on it, mostly asking about their conservation service. Submitted at their table at a very small local coin show, which is a great thing about ANACS - they are at a lot of small shows. I was quite pleased overall, especially their customer service. Like you, I was disappointed to get a Details grade on one of them, and an AU58 on one I thought was MS. It's hard to tell from your images whether they're correct on your 1904 and 1944. In my opinion they were 1-2 points low on several coins, and none of them were overgraded. One thing I would not do again is use their imaging service. Their photos suck. On the Dansco, I've seen people put a label in the hole with the TPG and grade, to indicate they have it slabbed elsewhere.
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Bedrock of the Community
United States
94367 Posts |
Nice-looking lot and glad you're pleased!
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Pillar of the Community
United States
1510 Posts |
Nice coins! Glad that most of them are what you expected!
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Bedrock of the Community
United States
10034 Posts |
Very nice looking! Glad you are happy with them.
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Pillar of the Community
United States
4415 Posts |
I concur with Coinfrog that there are some nice looking coins in this lot. That said, I'm thinking there's about 1k, dollar-wise here. Assuming that certification costs ran $300 or so, that's a 30% loss on the investment; this, IMHO. I'm thinking that most collectors who would like to own the 13-S V2 and the 1908-S, both circulated, would prefer to own ones that would fit in albums and/boards. These better dates aside, I see a group of common date, generic type coins.
My strategy for getting coins slabbed has long been to pay no more than 10% of a coin/token's value for this service. I realize that every collector has his own tastes, and that's to be expected. We like what we like. That said, as long term investments go, I see this lot, unless purchased for peanuts, as a loss. ANACS is the ultimate winner here ....
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Moderator
 United States
15398 Posts |
Nice coins. If they please you then you did well.
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Pillar of the Community
United States
1653 Posts |
Nice! Like the Barber dime - an underappreciated design, imo.
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New Member
 United States
40 Posts |
@EXOGUY, to be honest I dont agree with the comment you made, to be honest its kind of a pretentious comment. I made an excel because I knew that was just not even relatively accurate. So with that being said I did exploring and these are the actual pricing on pcgc (which I know is not accurate), and the pricing of the cheapest ones I could find on ebay TODAY (I know you may be able to wheel and deal). I paid $190 for grading. I think what makes me irritated by that comment is there are people collection at all levels. I didn't send in these coins to resell I sent them cause I wanted to plain and simple. There are people on here with million dollar collections and I'm sure people who have less than a $100 in there entire collection. I realize people don't really care and this is a forum but we all have to start somewhere with a collection. 
Edited by coreyg 08/15/2023 3:29 pm
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Moderator
 United States
187894 Posts |
Nice group! 
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Pillar of the Community
 United States
5770 Posts |
Congrats on the coins and the overall increase in value. Nice spreadsheet BTW.
I have to agree that we collectors slab what appeals to us. Sometimes it's an emotional decision. I know it was for me with my first submission to ANACS. They're the only ones I've used because they attribute varieties and their slab shows the coin ID from the top. No need to pull all out to get to the one you might be looking for.
Words of encouragement are one of the major food groups. We need to consume them regularly to thrive and grow.
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Pillar of the Community
United States
4233 Posts |
The fact that you paid $2 for that 1914-D makes me smile. What a score.
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New Member
 United States
40 Posts |
I didn't think I would have liked the slabs but I honestly like them more for that reason of being able to read it from the top. The LCS here never searches thru their silver so I've found a ton of nice stuff and better dates for cheap mostly around 16 times face.
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Pillar of the Community
United States
4415 Posts |
@coreyg .... I'm glad to see you edited your last post, directed at me. In the original version, you misquoted me. I take issue with your calling me "pretentious." I'm not trying to impress anyone on the forum. Take a look at the title of this post, and ask yourself, who's being the show-off? Quote: First ANACS Submission, Happy And Want To Show Off The Goods! While I'm impressed by a few of the buys you made, I stand by my comment about most of these coins being common and generic. Unlike what you wrote, I wasn't targeting you as a person, I was offering my opinion about the process of slabbing. Many young and inexperienced collectors will read this thread, and I chose to post an alternative viewpoint about slabbing. The fact that you pay more than a given coin's worth is your chosen path, not mine. Unlike your approach, when spending money on certification fees, I approach this from a logical standpoint. Like it or not, there comes a day when all collectors must part with their coins. IMHO, spending money on certifying low-value, common date coins with problems is not a practice that I'd encourage. You seem to take pride in that .... to each, his own. My comments were aimed at others to whom I strongly recommend weigh the value of their submissions to third party grading services. But for the prices you paid and conditions cited, I see the chart you posted as meaningless. I just purchased a pair of 1940's Walking Liberty halves at a show for $14 and $15, respectively. I've bought AU 1883 NC nickels in the same price range (purchased as prizes in the club raffles). More than half of the coins were purchased at or near the cost of getting them graded. The one coin worth grading, by my alternative standards, was the 1913-S type 2 nickel (possibly, the seller thought it to be a type 1?). It's beyond me how ANACS judged that 1925 dollar as MS-64, what with all the facial scarring (new slab, so I'm guessing the scratches are on Liberty's cheek and not the plastic). To me, the principle purpose of the CCF is to scrutinize coins, not people. As an admitted senior collector, I've long endeavored to encourage and guide younger collectors by sharing my knowledge and experiences. If that makes me pretentious, so be it.
Edited by ExoGuy 08/17/2023 05:47 am
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Pillar of the Community
United States
4233 Posts |
Quote: Like it or not, there comes a day when all collectors must part with their coins. Nope. Unless you're talking about death. In which case, slabbing gives the heirs at least some idea of what they have. Will it save the heirs $190 worth of uncertainty, research, getting lowballed by buyers, etc? That's up to the individual to decide. There are collectors for which not everything in their pursuit of the hobby is a profit/loss equation. I do agree that there are a lot of new collectors posting here and elsewhere, asking "should I get it graded?", which is the result of TPG marketing, i.e. it's worthless if it's not in a slab, and worth less if it's not in OUR slab. Yes, it's worth pointing out to those folks that they are wasting their money, but I don't think the OP falls into that category. They never asked if they were worth getting graded, or if it was smart to have had them graded. They wanted to do it, and wanted to show us the results.
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Replies: 17 / Views: 2,292 |