question about grading. advice appreciated

Discussion in 'Coin Chat' started by bryantallard, May 7, 2013.

  1. bryantallard

    bryantallard show me the money....so i can look through it

    if you have the coin graded does that increase its value?
    these are the coins in question 93 94 95 96 97 silver proofs and a 79 clear S
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  3. jallengomez

    jallengomez Cessna 152 Jockey

    The short answer is, yes. Does that mean that it's going to be worth more than what you paid to have it graded? No. You can easily lose money.
     
  4. KoinJester

    KoinJester Well-Known Member

    I'd have to disagree, its not worth more money.

    People will pay more for a graded coin than a raw coin, mainly because the needfor someone else's opinion on the grade, and generally either can't grade or don't have trust in their ability to grade.
     
  5. CBJesse

    CBJesse Capped Bust Fanactic

    The value doesn't always surpass what it cost to send the coin in, in the first place.
     
  6. 19Lyds

    19Lyds Member of the United States of Confusion

    Grading does NOT "add" value as much as it "insure's" value for the "grade" based upon a panel of professional graders and what "they" are willing to guarantee, in terms of money, what the coin is worth.

    Grading has always been about and will always be about money and the ONLY aspect of professional grading services such as PCGS and NGC is that they are willing to back their assigned grade with cash based upon the coins "current market value".

    This is not to say that if you overpay for a graded coin that the TPG's will guarantee your investent, but it is to say that they will guarantee the coin upto its "current market value".

    This is why professionally graded coins bring more money in the open market than their raw counterparts.
     
  7. green18

    green18 Unknown member Sweet on Commemorative Coins

    So good to see that Cessna Jockey posting again......:)

    Having a coin holdered will make it easier to sell in the marketplace. More folks will be amiable to purchasing the wares. As for added value? Not always.......
     
  8. jallengomez

    jallengomez Cessna 152 Jockey

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