Hello everyone! I just wanted to show these, a few of my recent pickups. If my memory serves me correctly, approximate costs were as follows: Benny: $30; 1883-CC Morgan: $180; 1882-S Morgan: $55; 1927-S Peace: $35. What do you all think about these? Personally, I'm elated with them, and I'm considering sending them in for grading at some point. Not in much of a rush on that, as I do like to have the ability to pull them from their capsules and once they're slabbed, that option is gone. Anyways, here's some of my modest collection. Please let me know your opinions, and thank you!
I agree with @paddyman98 - neat stuff, but there's nothing there that's worth the considerable expense of certification and slabbing, and they look just fine in the capsules. The Peace dollar would not receive a straight, problem-free grade anyway, and the Franklin half is probably worth less than what a slab for it would cost. (It's expensive to send stuff off!) They're perfectly enjoyable as-is.
I was trying to take them out of the capsules so I could get clearer pictures because they do honestly look better with a straight picture. Apparently, those direct-fit capsules do not like opening once a coin is inside a and squeezed shut! I might see if I can upload previous pics to imgur and post a link here. Not that it will make that much of a difference, but I'm still not in any rush for grading them anyways. I'll probably see what I accumulate over the next few months and send the best in with my GSA Morgan whenever I decide to pull the trigger.
They have an option now where you can send a GSA Morgan in for grading and they'll keep it in the original GSA holder, if you wanted to do that. https://www.pcgs.com/news/pcgs-encapsulates-gsa-hoard-silver-dollar NGC is doing that, too. https://www.ngccoin.com/news/article/6363/1893-cc-morgan-gsa-hard-pack/
Welcome to CT! Where answers are found! What I’ve found is if you want coins graded, it’s best to buy them graded already! Buy what you like and what you can afford!
Congrats on your new coins. As others have already said, not worth getting those graded. The Franklin is AU and looks cleaned. The CC Morgan looks cleaned. The peace has PVC damage. The 82 S Morgan is average.
Your opinions are noted, and I'm going to be holding off on any grading for a while. Bigger and more important expenses just reared their heads here, so my coin buying will be limited at best for a while.
I humbly disagree with that "I will not like the results" part. I enjoy having these coins in my possession, graded or not, MS-70 or P-01. Sending them out would be an additional cost, and one that I'd prefer to avoid at this time. I do appreciate your opinions though, and thanks for replying!
I’ll offer another side of this coin…. While it is true that refined collectors get pretty uptight about what a TPG label states, I use the services for my own purpose. Because I am a working man that loves his coins, I happen to own some top shelf coins that I had holdered knowing that they would come back with negative comments. You see, I don’t sell coins so that task will fall upon my wife and kids and they don’t have the knowledge to argue whether a piece is genuine or not. I couldn’t give a hoot what that label may say as long as “genuine” appears on that label somewhere.
As raw coins you did just fine but don’t waste money on grading any of them as you’ll never recover it.
I have had coins graded just because they have a special meaning to me or just want a nice coin in a protective holder. I just sent in a large amount of coins because they were graded by a service that made them really tough to sell.
Randy, good point! There are plenty of fakes on the market and coming back with a Genuine label is better than nothing!
I, too, am just a working-class average Joe. I buy what makes me think I'm happy and have no ragrets about it! Sure, I'm always on the hunt for the perfect coin at cutthroat price, but who isn't?? I'm happy with everything I bring home. I got 2 shield nickels with rays for $5 each from my LCS that I prefer, and I'll continue to support him once my finances settle back down into comfortable levels.
The first collector coin I ever bought (mailorder, sight-unseen, in 1977) was an 1866 Shield nickel, for five bucks.