QUAVIET

Hope you can bear with me for yet another coin question. I am considering joining PCGS for the free coin submissions since the free submissions will more than pay for the membership at either Gold or Platinum membership level. The lady over the phone said that they had no problem cracking out a NGC slab for a PCGS slab but that my original US Mint coins in a lens, this they would not do. I fail to see the difference and have asked for clarification. My Question: How do you remove the original government lens for submission to PCGS? I already know that it will have to be sent in a mylar sleave which they provide. Being a novice I sure would not want to damage a silver, gold or platinum coin while trying to remove it. Thanks again for all of your knowledge.

GDJMSP

The holders you are talking about open quite easily. Just slip a knife into the seam of the two pieces and give a gentle twist. This will start the separation and you finish with your fingers.

But you may wish to consider joining NGC instead. They will accept submissions in the original holders and will remove the coins for you for $1 each. You also get the same 4 free submissions

Of course if you decided to join the ANA - you could submit coins to NGC WITHOUT paying the membership fee And 1 year's fee to NGC or PCGS would pay 3 yrs worth of membership dues to the ANA. And you get all the other benefits besides

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QUAVIET

Thanks loads GDJMSP I will certainly look into the ANA. One reason that I was looking at PCGS vs NGC was the several thousand dollar difference between PCGS and NGC for my NGC 1925-S 10C FB MS66 at auction. In many cases I think that the NGC coins look better than the PCGS coins but the public seems to value the PCGS label higher for scarce coins. The knife scares me a little though. I will try it on a $5 gold coin first or a Buffalo dollar.

Metalman

Quaviet

How about a picture of that coin, I would love to see it !!

GDJMSP

If you just wish to have your '25-S reslabbed by PCGS - have a dealer submit it for you. It will save you the membership cost.

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QUAVIET

The only way I can show you the coin is if you go to the Heritage Coin web site and access "Permanent Auction Archives" then either search for the coin as to date and mint and demonination or check lot #5871. I think I paid too much for NGC but PCGS commands much higher. The reason I may choose to join PCGS is for the opportunity to grade my Buffalo Dollars or recent gold and platinum coins. Does this sound like a good move?

GDJMSP

It sounds to me like your set on PCGS - so go for it.

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bullionboy

Speaking of the Buffalo Silver dollars of 2001. What is everyone's consesus on the these coins for the future? They are pretty pricey right now.

jody526

I doubt that you will ever find a consensus here. LOL

I have to assume that there will always be collectors who will want any and all US Mint issues for their collections. It doesn't matter if it's a 2001 silver dollar, or an 1804, someone will want it no matter the cost.

National dealer

The Buffalo shot up in value directly from issue. Of course this was a no brainer for most. A classic design and one ounce of silver. The price did settle down a bit and has held steady for the past couple of years.

Now for future predictions:

Darn, my crystal ball isn't working this morning. Must be on the blink. Where is that crystal ball repairman when you need him.

Seriously, this is a good issue. While the value may go up or down, there will always be buyers for it.

GDJMSP

With the popular modern commems, once the price has stabilized, it rarely changes much. At least this has been the case for the past 25 yrs or so. I expect this will be little different.

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bullionboy

I was totally strapped for cash when these came out. I've been kicking myself ever since. Thanks for the input everyone.