How many coins have you submitted for grading this year (2019)?

...and you can authenticate commonly faked coins such as early coppers, Indian head quarter Eagles and gold dollars?

 

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I know my limits. If I were interested in those coins I would do the research before buying.

 

I don’t think doing some research will be enough. I know my stuff too, but it’s always better to have an expert’s opinion...

 

To each their own.

 

Try selling your coins, and you will quickly become a fan of TPG grading. Most people will not pay full value for a raw coin. It doesn't matter how good your knowledge and grading skills are, when you sell raw coins, the number of people willing to pay full retail for the actual grade of the coin shrinks to a very small number. Having coins professionally graded increases your liquidity by bringing back all those collectors who don't have the same grading skills that you have back into the potential buyer pool.

Furthermore, if you are in the Economy class of NGC grading (less than $300 value), the fee is $20 and the other costs of shipping & handling usually amount to less than $5 per coin. I don't consider $25 a ridiculous amount of money, and if you buy a raw coin at a discount price, all you have to do is ensure that the actual price of the coin once certified is more than $25 more than your purchase price and you have made a profit.

For example, I purchased this 1945-S Jefferson Nickel raw as part of a Capital Plastics collection and paid $10 per coin.



If it had come back MS66, I would have sold it for $35-$40 and broke even on the coin since I paid MS65 money for it. Instead, it came back MS67 and instantly became a $100 coin, netting me a nice little profit and providing another gorgeous premium gem war nickel for the market. The buying raw, submitting, and flipping aspect of coin collecting is very enjoyable for me since I no longer have big money to spend on coins. This keeps me in the game and I constantly get to see new coins.

 

I think it was around 15 or so, in the Spring. Several were submitted for designation review, to get a star or PL. I was successful on a few of those. Several were crossed from PCGS to NGC, and I was about 50/50 with those. Several were raw Moroccan coins that I submitted. I did quite well on those.

I only submit once every couple of years. I tend to save up a big batch and then send them all in. Usually, however, I just buy what I want in teh holder I want it in.

My favorite submission this year is this tiny piece, which I've shown many times before. Less than 5 known in the world (and probably more like 3):

 

Nary a 'one'. My credo has always been, you want it graded, buy it graded......

 

I'm pushing 300 submissions for the year.

 

You know what you're doing......most idiots don't.....

 

I still get surprised sometimes. The thing is, you gotta learn when you're wrong and when you need to try again because they're wrong. Most of the time, though, I only try em once. If they fail, move on, unless you really believe in the coin.

 

Hiccup.......

 

LOL......gotcha dear fellow.....

 

Do you think that submitting coins has improved your grading skills?

 

Zero this year so far. I do have a batch to send out. Usually it’s 100+ I haven’t really been doing coins much the last couple years

 

Absolutely

 

100% yes.

 

I submitted more regularly when I was a cherry picker. The norm was generally 3 coins at a time buying for usually under $100 ($5, $59, $28), add in some grading fees, then sold for$12,000. Couldn't have done that raw. Been bored as of late

 

I agree with Prez2. As a relatively new, UK collector focussed on the produce of an icon of the Industrial Revolution here, Matthew Boulton and the Soho Mint, I see NGC (and PCGS) grading valuable : analogous to the (credit) risk rating agencies S&P, Moody's and Fitch.

 

I'm in the 11-20 group. I submitted all my Apollo XI coins to ANACS for grading. The majority of them came back as 70's, except ANACS returned my 5oz Apollo XI stating they couldn't get a big enough slab to holder it, so I had to send that one off to NGC for grading.
I also sent off my 2016 Centennial Gold coins, 2018 Breast Cancer Rose Gold coin and 2019 Apollo XI Proof Gold coin. These all graded as 69's & 70's. I do it for pleasure, not for profit. I'm happy!

 

I liberated 2 from their coffins. Does that mean I get a minus 2?