Been looking through my collection lately and there is some stuff that I want to get graded, primarily Morgans and flying eagle pennies.... What is the cheapest way to get these graded? Thanks in advance for the help!
Anacs, when they have a grading special. They have a special running now, but you need to submit at least 15. http://www.anacs.com/contentPages/Specials/ANACSSilverandGold.aspx
You might want to post pictures here for advice on whether to send for grading or not. There are plenty of folks here that will give you their honest and learned opinions. As far as grading costs, as in any transaction, the cheapest is not always the best.
Thank you for that information! I've been wondering myself if I should get some mid-range $ coins graded.
Much truth to this statement. I'm pretty new to the hobby myself, but I notice at LCS, shows, etc the heavy hitters are in PCGS or NGC slabs. An important reoccurring theme you will see is "Buy the coin, not the holder" but those two seem to be held in higher regard than others. I only let the holder decide in one instance- if I see two coins in near identical shape, graded similarly and in MS range (where I do not yet feel comfortable with my grading skill); if one is ANACS and one is PCGS I'm going with the PCGS. A green CAC on it as well gives that extra needed assurance in a big purchase. This all said as my own opinion and if your intent is to grade and flip the coin. I agree with @rickmp that before you spend the money post pics of the ones you'd like to get slabbed on here and you will get a lot of good feedback. I started a thread pretty recently that dug into this arena and it has good insight into grading and slabbing from people that have been doing this for a while, professionally and as hobbyists. Hope it helps! https://www.cointalk.com/threads/iyho-best-grading-and-slabbing-service.293779/
Sometimes the best grading is that which you do yourself and you can buy slabs or capsules to preserve your precious...golum
Im pretty good on grading myself so the only coins I want to send in for now are ones that I have found through eBay completed listings to have over a $100 difference based on raw or slabbed, but thank you for the advice
Yes, Andrew should post photos here before sending the coins to any grading company. Andrew, what do you plan to do with the coins after they are graded by a TPG?
So, and please correct me if wrong, you're buying raw to get the coins "cheap", and plan on submitting to reap the rewards once slabbed? Sounds good, I agree, but doesn't always work out so nicely. Unfortunately, you first need to ask yourself why sellers are willingly leaving money on the table when all they'd need to do is submit in order to put it in their own pocket. There can, of course, be many reasons as to why they didn't - as one example of many: listing as an auction and expecting a higher price than was achieved - but is still something that anyone in your apparent situation needs to consider, especially if buying from experienced sellers or dealers. Purchasing from and hoping to profit off of such a person can be akin to buying a fixer-upper car from a mechanic, expecting to fix some small nothing, and reselling for a profit. If it was so easy, and there are no other issues, they likely would've done it themselves, and is often the same with coins. Rick was only trying to help you, and gave excellent advice. The fact is that there's a lot more to "grading" than simply looking at a coin and slapping a number on it. Are you able to properly identify the large number of different problems/issues that can keep a coin from grading? Can you identify counterfeits? Are you aware of differing standards used by the different services? If not, you may want to take the man's suggestion to heart; he's only trying to save you from wasting money and/or making mistakes that could permanently bury you in the coins submitted. Rick was also on point with what he said about the cheapest not always being the best. Just a few factors that should be considered are liquidity, market acceptance, achieved prices, and individual TPG standards. There absolutely can be instances where paying up to get the right coin in the right holder will pay off much more than any amount saved by taking the cheaper plastic option. Experience, knowledge, and familiarity come into play with all of the above, and since you new to submitting, please do consider taking to heart the advice that has been offered. You will lose nothing, and can only gain, by doing so. Best of luck either way, and welcome to the forum.
