im at the stage now where i think it is best to get a couple of coins graded by a professional service. what is considered the best coin grading service and the most respected also what kind od prices do the charge also why do people seem to get stuff like silver eagles graded how does the cost of doing this justify the extra value that may be had. another question when a coin is graded is it sealed within the companies holder ie cannot be removed im thinking if someting was graded say 3 years ago and handled a lot then the grade may drop. all info appreciated
There have been many, many threads written on this subject. I suggest you search for them and read them. But short and sweet. First of all you need to be reasonably sure your coins will be graded. A coin that is damaged, altered, cleaned, artificially toned or counterfeit will not be graded by any of the leading grading companies except ANACS. They will still charge you for these coins however. My personal choice of the grading companies would be NGC. As for cost - if you are a member of the ANA you can submit your coins to NGC through the ANA. You can also have an NGC dealer submit them for you. If neither of these options works for you - then you must join the NGC Collector's Society - cost $99 per yr. As for the grading fees - it depends on the coin. There are many different tiers under which you must submit your coins based on value, coin type, coin age etc etc. The cost can range from about $10 to over $100 per coin. The slabs are tamper proof and cannot be opened without destroying the it. Some people slab the bullion coinage for one of the same reasons they slab any coin - they believe they will be able to sell it for more if they do.
AGH!!! I am sorry, but talk about which grading service is the best always comes up at least once per month. What GDJMSP stated is right on. Take a walk on the wild side and read back some of the threads and I believe your questions will be answered.
