PCGS or NOT

I have a set of ASE's in their Mint issued boxes with COA's. Is it worth me sending the to PCGS for grading or am I just waisting money? That is will they have a greater value when I go to sell them if they are slabed?
Thanks
Joe

 

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This is a good question for GDJMSP. I think he'll say "don't do it", but I'm not 100% sure.

Just a few questions...

1. Are these Proofs or Uncs?
2. When you say you have a "set", is it a FULL set (1986-2010)?
3. Depending on Unc/Proof, do you have any of the KEYs?
.....A. Unc: 1996, or 2008 w/reverse of '07
.....B. Proof: 1995w, or 2006 rev. Proof

I would definately have the KEYs graded...but that's just me.

 

They are Proofs and no 1995-W.

 

Being in box's I'd say they are proofs.

 

OK...I'll put on my GDJMSP "hat". Check the prices realized on the Heritage Auction House site and decide. One PF70 coin can sell for as much as an entire PF69 set (minus KEYs).

Personally, I would pick out one or two of my very best coins and have them graded. If I get some PF70s, it may be worth it to have the rest graded. If they come back PF69, you may not get your fees back when you sell...not right away, anyway.

I really don't collect ASE's so if anyone has a better suggestion...take it.

Duke? thoughts?

 

It depends on your goal here, To collect or to resale?

 

I don't know, but I think the only thing you and Doug would agree on is looking at Heritage's ended auctions.
Unless you know how to grade it isn't going to do any good to look at the coins and pick out the 69's and 70's....and even then, you would have to be very good, and understading PCGS's grading to a T. And to tell you the truth, it seems like sometimes PCGS doesn't even know how to grade.

If you are going to sell them, then get a few dealers to make you an offer and take one.

Speeedy

 

Agreed, unless you're an expert at grading these and have a good understanding of what PCGS thinks the difference between 69 and 70 is, then you're gambling a bunch of money on slabbing them and hoping that you get a couple PR70s to at least cover the grading fees. If you like PCGS graded coins, just buy those in the first place, especially if you like PR69 coins as those go for pretty much the same price as an unslabbed coin. If you're selling them, sell them as is and let someone else spend the money on the grading gamble.

 

A much appreciated thank you to all. I know have a good idea of what i will be doing.

 

And what will that be? You can't leave us hanging like that! :smile

 

Looking at the PCGS site it seems that it will be way too expensive to have them slabed. I think the chances of getting a PR70 is very slim. So right now they are a nice collection the way they are. If in 10 years when I go to sell I'll re-think this.