Thinking about sending these coins in to get graded.... Should I?

Discussion in 'World Coins' started by Birdman, Nov 14, 2011.

  1. Birdman

    Birdman New Member

    DSCN1213.jpg DSCN1197.jpg
    DSCN1220.jpg DSCN1201.JPG
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    First coin is a 1960 greenland 1 Krone UNC
    Second coin is a 1901 straits Settlements 10 cents ( on the folder it states UNC but im doubting that)
    Last coin i beilve is a 1718 Austria 1/2 Kreuzer




    I also have a Kingdom of Jordan 1949 UNC set of coins i might post if anyone knows anything about them.
    Also have a 1956 Nepal set of coins UNC and many more coins i may post.
    I was wondering if any of these coins will be worth getting graded? Will they be worth more? Are these rare coins? I know little about them? Any info anyone knows will help me out thanks
     
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  3. jlblonde

    jlblonde Señor Member

    My advice, and it is my opinion alone probably, is only have coins graded and slabbed if they are worth, say $100 or more and only if your profit margin is more than what it costs to have it graded and slabbed.

    Example:
    $50 Your purchase of a coin
    $25~$35 for grading (just guessing at this price)
    $110 Krause listing
    $90 Current eBay, Amazon, Online trading value

    All of which, you're still in the black. I would go for it!
    But...only if you are going to keep this coin for investment purposes or for trade. If the coin is really really rare or in hot demand and you wish to sell it asap, then that would be another reason for having it graded and slabbed.

    Otherwise save your money!

    Many more coins can be bought with the money you save.

    Joe
     
  4. Collect89

    Collect89 Coin Collector

    Imho

    IMHO the only way you will get UNC money for the Straits Settlement coin is if you have it in a slab graded MS. Catalog for UNC is something like $250. You might check the Internet & see at what prices they actually sell. If you don't think the Straits Settlement coin is UNC then don't slab it. Outside of a slab it would probably not sell for UNC money. In EF the coin catalogs for $80 and in VF it catalogs for $15.

    Basically, as a collector, I would prefer all three coins raw in my collection.
     
  5. moneyer12

    moneyer12 i just love UK coins.......

    from your pics, all 3 of your coins are certainly at least AU with the greenland coin unc. and i concur with the previous poster i would certainly prefer them un slabbed.
     
  6. Collect89

    Collect89 Coin Collector

    I just realized that these are probably the same coins previously being discussed on this thread:
    http://www.cointalk.com/t194609/
    Just so you know, it was not necessary to start a new thread. Most of us were probably subscribed to the previous thread so we would see your photos when you posted them in the original thread.
    Nice coins by the way.
     
  7. Collect89

    Collect89 Coin Collector

    P.S. If I was to guess at the grade of the Straits Settlements coin, I would say it is an AU53. It appears to have some luster and some minor wear. It is a nice original coin that may have been in grandma's coin jar for 50+ years. I personally like the look. I probably would not like it as much if it were cleaned.
     
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