Just interested in the forum's opinion -- if you have coins that you believe are fairly graded, do you think it's worth having those coins graded and slabbed by a third-party service?
It depends. Is having the coin slabbed important to you ? If so - then by all means do so. Is the coin particularly valuable ? If so then perhaps having it graded & authenticated may not be such a bad idea. Every single denomination of coin has been counterfeited at one time or another. For some particular coins the counterfeits far outnumber the genuine coins. People have counterfeited pennies - nickels - dimes - all of them. And not just the valuable ones either. And yes it still happens today. Slabbing a coin does several things for you - assuming you use one of the better grading services. It authenticates the coin - it establishes a generally accepted grade for the coin. It also helps to establish a generally accepted value for the coin. It protects the coin. And if you use PCGS or NGC and have an interest in their registries - it allows you to participate. And perhaps best of all - should this interest you - it allows you to more readily sell the coin.
Would u have a 1964 Jefferson Nickle graded and authenticated? Even in MS67 its not worth the cost of a 3rd Party Graing service, however, particularly valuable coins seem to yield higher dividends if authenticated. What was said previously about counterfiet coins rings true, anything of value has been counterfieted at least once and sometimes more. I did buy a 1799 Counterfiet Dollar once and knew it was counterfiet as it was a cast piece instead of struck or done electronically. I made a nice profit on the coin by selling it to a counterfiet collector, but, that doesn't happen often.
If I had a '64 nickel that I thought would grade MS67 I would definitely get it graded. To the best of my knowledge there are no '64 nickels graded as MS67. Even the MS66 coins have values listed at $100 or more by Coin World Trends.
they have reg sets where you can put in the certification # of your coins and compare your collection to other collectors.
Both NGC & PCGS have what they call a Coin Registry Program. This program allows collectors to register their collections and makes them available on the internet so that others may see what coins are in their collections and the grade of the coins. It is in a way a competition to see who has the finest examples of a given coin in their collection or who has the " best " collection. NGC allows both NGC & PCGS slabbed coins to be registered. PCGS only allows PCGS coins to be registered.
