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Grading Coins From India

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Valued Member

United States
451 Posts
 Posted 11/04/2010  2:20 pm Show Profile   Bookmark this topic Add brokencompass to your friends list Get a Link to this Message Number of Subscribers
I am thinking of sending a bunch of coins from British India to a TPG to get it graded. From your experience, which TPG would you suggest for that?

Also, I have many coins that have a $10 book value and I don't want to spend a fortune getting it graded.

Thoughts?
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biokemist6's Avatar
United States
12437 Posts
 Posted 11/04/2010  3:55 pm  Show Profile   Bookmark this reply Add biokemist6 to your friends list Get a Link to this Reply
If your coins are only worth $10 or so, then you will spend more on grading fees than the coins are worth in the first place. It is generally not cost effective to send coins worth less than $100 to a TPG because the grading and shipping fees will be almost $20/coin.
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sel_69l's Avatar
Australia
21788 Posts
 Posted 11/05/2010  01:01 am  Show Profile   Bookmark this reply Add sel_69l to your friends list Get a Link to this Reply
Some British India coins in top grades can be relatively common. I have a range of dates of bronze quarter annas from 1880's to 1940's that would grade 'red MS63' which I have found in dealer's junk boxes. I paid (I think) something like $1 each, maybe 10 or so years ago. I haven't checked, but I guess that they would value around $10 each now.
Valued Member
United States
451 Posts
 Posted 11/07/2010  7:40 pm  Show Profile   Bookmark this reply Add brokencompass to your friends list Get a Link to this Reply
Thanks people! That makes sense. What TPG's have you used to grade your British India coins? Any thoughts? Suggestions? Price points?
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Right Now and Not Later's Avatar
United States
8 Posts
 Posted 11/13/2010  8:36 pm  Show Profile   Bookmark this reply Add Right Now and Not Later to your friends list Get a Link to this Reply
Many third-party grading services grade world coins, though, as the others said, if coins that are valued at approximately $10, unless they were submitted to a poor grading service such as NNC, you would end up paying far more than the value of the coins themselves. I'd advise keeping them raw.
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