I am just about finished with a Peace Dollar collection, I was wondering if I should get it certified, I have the key dates from NGC, and ANACS seems much cheaper, but not as good, but the NGC certification process would cost over $1000. What are your suggestions?
I personally love Peace Dollars myself but I believe what your asking really depends on if they are high grade coins or not. Of course if they were of high grade you would definately have "Investment Coins" if they were encapsulated by NGC. That question is really for you to decide. Have a good one and happy collecting!
What is the benefit for having them graded? Are you planning on selling them, or is it just to see what it will actually grade out at? If it's a series you like and you are happy with your collection, I would keep them the way the are. But that's just me of course.
Hard to say. How sure are you on their grades? How hi got you think they will grade? What's your experience in grading coins? Why do you want to grade them? And a bunch more
I would like them graded to see the grade, because the slabs stack, and they would be worth more if sold in the future to put together a better collection. It is not really an investment collection, just coins that I've liked when buying them.
Is it worth it to have them grade for you to see the grade on them. NO Take the $1000 and build up a set of coins that are already certified if that's what you want
Could we possibly see the coins in quesion?? I think it would at least be worth slabbing the keys, 1921 1928, 1927,1934....
Popular misconception. Experienced collectors aren't going to pay a dime more for a certified coin than they are for a raw coin. I say don't waste your money.
I mostly agree with that statement. Another issue that helps in determining the sale price is the experience of the seller. If an inexperienced seller comes into a shop to sell a set of slabbed coins, the dealer may well offer in back of sight unseen bid for the coins and/or cherry-pick the nicer coins that may have been under-graded, and pointing out those coins that are possibly over-graded. The fact that a grade has already been applied to the coin by another party lends these opportunities to the buyer. On the other hand, raw coins have no grade designation and are more open to haggling over opinion. I would personally invest the $1000 in a number of books on the subject of the Peace Dollar, including books about VAMs, and attribute and grade your own raw coins. Keep records and notes about each coin. In the event of some personal demise, instructions on certifying the set, or your personal grades and attributes, may be used by family members to be able to sell the set for the premium it may (or may not) be worth. In my personal opinion, paying for a third party grade is utterly and completely useless when the money could be spent on a better education in numismatics. These services are good in the instances where you yourself question the actual authenticity of the coin(s). but, I can think of a number of better things to do with a set of Peace Dollars and $1000. And, as was previously mentioned, possibly the cheaper way to build a "graded" set is to buy them already graded. Use the knowledge you have of grading to find the pieces you like already graded at the grade you want flashing on your slabs.
SHOW US FIRST YOUR COINS PHOTOGRAPH... Lets Say you have 1927 S PEACE SILVER DOLLAR On High Grade. My suggestion. Is YES.. But if you have 1922 Peace circulated. Then don't waste your Money...
Thanks, I might send in my semi-keys from your advice, but in will not waste the money, instead start my next set, walking liberty halves!
On the other hand inexperienced collectors who only know what the label says will pay more, too much more if the coins don't live up to the labels.
Like stated above, I would slab only the Keys. I wouldn't spend $1,000 just to slab a whole set of coins, it's that much more money you have to make if you're planning on selling them. Slab the Key Dates and leave the others alone. The Keys themselves would cover the $1,000 very easily.
Personally, I would have the keys graded if they are nice. I think there are a few guys on here that could get you really close on the grade. I am waiting for my 1928 in the mail, but they sent me the pics. I felt sure it would have made MS-60, but it fell a little short for some reason. Chuck PS: The NGC pics appear gritty to me.
