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 Replies: 11 / Views: 944 |
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Pillar of the Community
United States
1283 Posts |
I'd like to have my 1825 Bust Half Dollar sent off and slabbed. The coin shop that my mother bought it from said that they are willing to send it off for me. I asked for PCGS and they said if I'm willing to wait a couple (months!?) it would cost $25, but if I wanted it back in a few days it would cost about $150.
Assuming the dealership wants to make a little something, does that sound right? Also, would you go with someone else like NGC for any reason?
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Pillar of the Community
United States
986 Posts |
NGC's grading for bust halves is all over the place, and I wouldn't go with them if I were you. ANACS would be a good option, and you can submit directly to them.
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Bedrock of the Community
United States
14454 Posts |
I wouldn't send anything to ANACS if I were you right now, atleast until someone states whats going on over there, If you want to send it to PCGS then yes 25.00 sounds about right, its actually more than that unless he is sending coins along with it and he has a dealer account (which I am guuessing he does but I dont know dealer rates), I am not sure of turn around times but I know PCGS is a little on the slow side because of all the submissions they get. I am also not sure about the 150.00 quote because I have always sent mine the cheapest way possible. You can check PCGS pricing on their website here http://www.pcgs.com/grading_list.chtmlEdited by Bryan1315
11/20/2006 7:14 pm
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Moderator
 United States
23522 Posts |
Agreed with Bryan on all points. You might also want to consider seeing if you could partner with another member here who has submission privileges and plans to send some in. But, definitely, slab that coin. It's a beauty.
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Pillar of the Community
 United States
1283 Posts |
Thanks for the reply, guys. Now for my next question. I called the dealer and he sounded very confident he sold me an AU coin, which is good because that's what my mother paid for.
Let's say, hypothetically speaking, the coin comes back from PCGS slabbed as EF. Would the dealer be obligated to take allow me to return it, or refund the difference between AU and EF? If not by law, would I be in the right to ask him to do so?
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Pillar of the Community
United States
751 Posts |
I think only an exceptional dealer would give you a money-back guarantee that PCGS would agree with his estimation of the grade.
If I can be so bold: It sounds to me like you are not comfortable discerning (maybe even appreciating) the difference between an XF and AU Bustie. Considering you could get both types (lettered, reeded) of Bust half in XF for what that coin cost, perhaps that's the direction you should go.
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Pillar of the Community
United States
1283 Posts |
quote:
Originally posted by texasmick
I think only an exceptional dealer would give you a money-back guarantee that PCGS would agree with his estimation of the grade.
If I can be so bold: It sounds to me like you are not comfortable discerning (maybe even appreciating) the difference between an XF and AU Bustie. Considering you could get both types (lettered, reeded) of Bust half in XF for what that coin cost, perhaps that's the direction you should go.
You are correct that I'm not comfortable distinguishing between the two. The PCGS price guide lists EF at $175 and AU at $500. That's a pretty significant price jump. What was the direction you thought I should go? |
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Pillar of the Community
United States
751 Posts |
If you're puting together a type set, you could use both reeded edge and lettered edge specimens. You could ask the dealer if he would exchange your AU coin for two examples in XF. You might get more enjoyment out of them. That's the direction I was referring to.
I just hate to think of you wondering if your mom overpaid every time you look at your coin; that's no way to enjoy the hobby. If, on the other hand, you can accept that it's a beautiful coin (it is!) and appreciate it as such, then keeping it is the right decision for you.
BTW, I'm not saying I think it's not AU; if I had to guess, I'd say it is. I'm just saying that I'd rather have two $20 bottles of wine than one $40 bottle. Twenty bucks can buy a real nice Merlot and I'm not sophisticated enough to properly appreciate what makes the $40 Founder's Reserve any better.
One the other hand, I'd rather have a $60 Scotch than two $30 Scotches. I can appreciate the difference there. You have to decide what is going to make you happy. Best of luck.
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Pillar of the Community
United States
1283 Posts |
quote:
Originally posted by texasmick
If you're puting together a type set, you could use both reeded edge and lettered edge specimens. You could ask the dealer if he would exchange your AU coin for two examples in XF. You might get more enjoyment out of them. That's the direction I was referring to.
I just hate to think of you wondering if your mom overpaid every time you look at your coin; that's no way to enjoy the hobby. If, on the other hand, you can accept that it's a beautiful coin (it is!) and appreciate it as such, then keeping it is the right decision for you.
BTW, I'm not saying I think it's not AU; if I had to guess, I'd say it is. I'm just saying that I'd rather have two $20 bottles of wine than one $40 bottle. Twenty bucks can buy a real nice Merlot and I'm not sophisticated enough to properly appreciate what makes the $40 Founder's Reserve any better.
One the other hand, I'd rather have a $60 Scotch than two $30 Scotches. I can appreciate the difference there. You have to decide what is going to make you happy. Best of luck.
OK, I see where you're going with that. For starters I do absolutely love the coin. I just want to make sure on the high dollar items that I'm not grossly overpaying (in this case my mother overpaying). I've ended up paying for overgraded coins in the past, but I didn't really care because they were cheap. I would definately prefer one fine (using general terminology) example of a Bust over two lower grade examples. That a 180 year old coin can still hold that much beauty is amazing. The dealer did tell my mother if I had a problem with the coin I could "trade up". If it ends up getting slabbed EF I'll just take him up on that offer, and trade for an equally priced slabbed coin. |
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Bedrock of the Community
United States
14454 Posts |
I can tell you PCGS is very strict but I don't think your coin would have any problem at all making the AU grade, but if it does happen to come back EF and the dealer doesn't want to compensate you for the coin plus grading fee's I will buy it from you and give you your money back and crack it back out and place it in my Dansco album. So either way you would be happy if you choose to do so
Edited to add: that is as long as you aren't going to pay 150.00 to get it slabbed
Edited by Bryan1315
11/21/2006 12:32 am
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Pillar of the Community
United States
1283 Posts |
quote:
Originally posted by Bryan1315
I can tell you PCGS is very strict but I don't think your coin would have any problem at all making the AU grade, but if it does happen to come back EF and the dealer doesn't want to compensate you for the coin plus grading fee's I will buy it from you and give you your money back and crack it back out and place it in my Dansco album. So either way you would be happy if you choose to do so
Edited to add: that is as long as you aren't going to pay 150.00 to get it slabbed
I really appreciate you offering to do that, but if it came to it I wouldn't feel right. I'm sure I can work it out with the dealer (one way or another). In my non-expert opinion my Bust has a really strong and detailed obverse, but the reverse a bit on the weak side. That would be my only concern. But let's see how it comes back. I'm going to take it to the dealer this Saturday. I'll post the results. :) Thanks for all the advice guys! |
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Bedrock of the Community
United States
14454 Posts |
well its up to you but my offer still stands because I would love to have it in my dansco, heck if I had to I would start another 7070 just to put it in there
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Replies: 11 / Views: 944 |
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Posted 11/20/2006 7:13 pm
