So as I've mentioned I am brand new to coin collecting. Mostly because I like the history behind it and such. Well today at work I stop at a store and happened to ask for a roll of Quarters so I can do laundry later. I looked thru the roll during my break and found they were all brand new War in the Pacific 'D' Quarters.. save for one 'W' quarter!!! My basic question is would it be 'worth' it to have it graded? Or at least when i have a few coins to send at once (this is my only hit so far) I'm not so worried about selling the coin right now but I would like to create a nice little collection.
a 2x2 flip is a cardboard or mylar pouch in which to store coins. A good place for coins such as this - safe, but no need to spend money on third party grading. Around here, we use them a lot.
Just Google "coin supplies" and compare prices. Make sure you buy flips that are safe for coins. Mylar flips are safe for coins. Personally I buy 2x2 Saflips.
A 2x2 flip will cost you a few cents. Getting it professionally graded by a top-tier TPG (third-party grading service) like PCGS or NGC will cost you $35++, and even if it were to grade out towards the top end of the scale, it is very unlikely to be worth as much as the money you spent grading it.
If you want graded coins, it's better to buy examples of low-value coins like this one that are already in a slab, rather than doing it yourself. Dealers will bulk-grade coins like this at a reduced rate, keep the very best ones to sell at a profit, and then dump the rest. You can find a nice mid-MS grade version of this coin for less than you'd spend to grade it yourself.
You can usually get the flips locally at Hobby Lobby or other type stores. Welcome to CT where you can learn all you want about coins and currency.
PCGS has a grading special on these quarters for the first 45 days after first find. $20 per coin. I will tell you thi's raw and ungraded it's only going to be like $10.00 in the long run, maybe less. They are settling currently between $10 and $15 raw. If it's graded and high graded (66 or above) it will be worth more than $10. Likely more than $30. It's all speculation, nobody knows where it will settle in a couple years. Either get it graded and slabbed or protect it well so it doesn't get and damage or worse, and wait it out to see if it's worth it to get it graded later. For sure though it's a modern coin and raw coins are going to get raw coin prices when sold and someone else will take the gamble if they think it will make the grade and make the profit. Ungraded it's going to get whatever the going price is which is lower than graded coins. Best way to check I think would be ebay and the sold prices for raw and graded. I haven't graded mine but I have protected them well from any new damage ect. And I'm waiting to see what happens. Mostly I don't want to cash in on them now and I don't want to spend the money to get them graded to let the sit around either. If I wanted to sell them I do think grading would be the best to get the best money for it though, I just don't know where that grade line is right now where I'm sure to make some money. Right now they costed me face value. If I spend another $20 per coin then shipping to and back, ect. Probably it gets me to a $30 cost or so, so I'd want to be sure that I would make more money by grading it then just selling it raw for $10-$15 each. If I still made that $10-$15 or less then I wouldn't bother with the additional cost of grading. If I could get $20 -$30 or more profit by having it graded after all costs it would be worth doing it since I'd be making more money by doing it. This is a long story but if you are going to have a coin graded you want to be sure doing it puts more money in your pocket when you go to sell it, if it doesn't, don't do it. You are already winning regardless you got it for face value. There's just no way they are going to ever just sell for a quarter. Oh and I'd go back immediately to that place and get another roll of quarters for laundry!
It's nice enough to put in a flip or 2x2 holder to protect it but it's not worth the price of grading. Welcome to CT.
