Hello, I am new to the site, so I hope I am posting this in the correct place. Could anyone recommend a reputable individual or entity in North East Ohio (Akron area) who can grade and value coins for insurance purposes and possibly selling? I also do not know if there is such a thing as a PCGS certified individual who can grade and value a coin, but if there is any references or resources in NE Ohio (Akron area) would be most appreciated. Also any general suggestions for getting coins graded and valued would be most appreciated. (i.e., how to go about it, what it may cost, etc). I am by no means an expert, but I do have a basic understanding of grading & valuation of coins based on the Red Book; however, how to get it done so it is legit seems to be a big mystery to me so far short of sending your coins off to some location far away to have it done. Thank you, Copnhagn1
Welcome to CoinTalk! Top two grading companies to look into are PCGS & NGC Their respective sites outline services and costs associated. Also check out the American Numismatic Association and the ANA Dealer Directory An ANA membership also allows you access to submit coins directly to NGC, NCS and PMG without an NGC, NCS or PMG membership. Coin dealers will also submit coins for grading on your behalf without you being an individual member.
Welcome to CT! As far as individual certified graders, I am not aware of any. I believe that is what you are asking. correct? If you are looking to have an estimate on a large collection, I am sure there are some that due, but you have to understand any grade a coin is given is subjective. Regards, Stan
There is only one way that is legit if I understand you correctly. And that is sending them off to either NGC or PCGS to be graded and slabbed. While I am sure that you can find a dealer either in or near Akron that can appraise your collection for you, the only benefit that will have is to you, for it will give you a rough idea of value. But anyone you go to sell those coins to will consider the dealer's estimate of value to be meaningless.
Thank you all Thank you all for the info and replies. If you were to send a coin or coins off to be graded and slabbed to one of the companies mentioned how do you determine an appropriate amount of insurance to place on what you are sending (if you don't know the grade how can you be sure of the value), and how do you ensure that the coin you send in is the one you receive back? Not to sound paranoid, but never done this before, so I am trying to get some varying opinions from those who have. I do understand about the subjective aspect. Thanks Again, Copnhagn1
You could overestimate the value of your coins for insurance during shipping purposes. Collectors generally DO NOT go by what are considered over inflated price guides in printed publications, such as those found on new stands in magazines for hobbyists or guide books that list values. You can look up coins that have sold on Heritage Auction Archives (set up a free account and you can search past prices realized) and eBay completed auctions for the coins you know you have and estimate a value based on current prices being paid for something you feel is similar to those coins sold. Then send via Registered Mail as it provides insurance up to $25k
Take your best guess. You have to submit coins under value tiers anyway, so that will roughly determine the amount for you. No worries on that count. NGC and PCGS have graded over 40 million coins between them. Never once has a coin been switched.
While one need not worry about receiving the wrong coin back from a grading company, one could choose to take close up detailed photos or scans of their coins being submitted prior to shipping for a visual record.
Why ? The only thing that would ever do you any good in court would be a receipt from when you bought it. Having a picture of a coin is not proof that you actually owned it.
if you have a large collection your best bet is to get a membership but if its just a couple your looking to get graded take them to your nearest authorized dealer……..which happens to be Akron Coin & Jewelry 3235 Manchester Road, Suite 4-B Akron, OH 44319 United States of America
