NGC Submission - Coin Community Forum

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Author	Replies: 8 / Views: 2,004
murty Pillar of the Community United States 1353 Posts	Posted 09/17/2010 1:23 pm Looking for advice on submissions: I have a certificate for five coins. 1-Send in 5 1990 BU $25 Gold Eagles that may grade Ms-67 or better. 2-Send in 3 1990 BU $25 Gold Eagles that may grade Ms-67 or better,and 2 MS-64 1880-s Morgans that may get DMPL and plus grade. 3- Send in 2 1990 BU $25 Gold Eagles that may grade Ms-67 or better,and 1 MS-64 1880-s Morgans that may get DMPL and plus grade and 1 1990 BU $10 Gold Eagle that may grade MS-67 or better. All feedback is much appreciated. Murty Report this Post to the Staff

BH1964 Bedrock of the Community United States 10982 Posts	Posted 09/17/2010 3:00 pm Send the Morgans for sure. The Eagles aren't worth slabbing unless they grade 70 and that's not likely. You could send the 2 Morgans and pick out your 3 best Eagles and hope for a 70. BU Eagles are really gold bullion to most people with no premium at 68 or 69 even. ANA #R3154474 Report this Post to the Staff
BullseyeBullion Valued Member United States 52 Posts	Posted 09/20/2010 07:45 am Agreed, send the morgan's, I wouldn't bother with the gold unless you were pretty sure of a 69 or 70. Without a minimum of 69, they will be around raw value anyway. Report this Post to the Staff
murty Pillar of the Community United States 1353 Posts	Posted 09/20/2010 3:06 pm Even though the gold coins have a low mintage of 31,000? Report this Post to the Staff
BullseyeBullion Valued Member United States 52 Posts	Posted 09/20/2010 5:48 pm I would say yes. Even the lower mintage modern will really get no additional premium with a 67 grade, the reason being is that all modern bullion is struck with the intension of being at or near perfect, i.e. 68+. Anything less is actually devaluing any premium you would have on a low mintage piece. Modern Bullion is very well made and anything less than 69 is considered an "average" strike for bullion, in my experience. Report this Post to the Staff
dzrick Valued Member United States 72 Posts	Posted 09/20/2010 6:20 pm Is this true of all gold or just modern? Report this Post to the Staff
wheatguy Pillar of the Community United States 1534 Posts	Posted 09/20/2010 7:51 pm Quote: Is this true of all gold or just modern? Just modern. There are very few classic gold pieces that grade as high as the average modern. Report this Post to the Staff
dzrick Valued Member United States 72 Posts	Posted 09/20/2010 8:49 pm Thanks wheatguy, I realize few classic pieces would grade as high. I was asking more because of the "Without a minimum of 69, they will be around raw value anyway." statement by bullseyebullion. Report this Post to the Staff
BullseyeBullion Valued Member United States 52 Posts	Posted 09/21/2010 12:51 am That is mostly with modern. If you look at classics, you will see great changes in price (on most issues) over just 1 grade point. True GEM quality classics will bring huge premiums over Choice, and so on. Report this Post to the Staff
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