I've never had anything graded before. Is it worth sending off in this condition? What would you grade it? Thanks for any input.
I hope you don't mind me giving you my penny's worth on this topic. It angers me to hear about grading companies involved in Numismatics. It is fine if you only want to use coins as an investment but they should not be allowed into the world of Numismatics as they are destroying the hobby. Numismatics is the collecting of coins for the purposes of retaining history and being able to find rare or unusual specimens, not deal with them for the highest financial return. A collector should be allowed to negotiate with sellers on grade and value, not have a grade thrown into their faces with exorbitant prices. In addition if a proof coin comes from the Mint in a sealed Perspex capsule with a history, the coin is removed and eventually resealed in another capsule which immediately destroys the numismatic value of that item. Thank you for bearing with me and I hope you make the best decision for yourself.
Let me ask you a few questions...... Do you believe that everyone is honest? Do you believe that every seller is honest? Do you believe that everyone on SleazeBay is honest? If your answer to any one of these questions is, "No!", then wouldn't it seem prudent to have a company with far greater knowledge than the average collector offering advice? Chris
The Indian Eagle is a valuable coin even in circulated condition. It's hard to see the surfaces in the pictures you posted. I'm not experienced in grading gold, but I'd guess VF/XF. If this does indeed grade (no details) than that's an $800 coin. What do you want to get out of the coin? Do you want to flip it or add it to your collection? In either case, if it were me, I'd want to protect the coin for the future. Maybe use an airtite if you want to keep it. I'd likely get it graded.
and some people might want it authenticated. if you do not get it TPG slabbed use an airtite to keep it protected. I myself would not get this coin graded. Not sure of its rarity ? cool coin.
No way the coin's going MS-60. The increments in value from VF to XF to AU are so small that it's hardly worth the time, effort, or money to try to squeeze another $25 in valuation out of the coin, especially when it costs you $40-50 to do so. Also, if gold rises, I believe that most anything below MS-62 will eventually become a "bullion" coin. By definition, virtually no one grades bullion coins. I find this growing urge (especially among CT-er's) to slab commonplace coins incomprehensible. "Commonplace" has nothing to do with price levels.
You slab valuable commonplace coins so that in the event something happens to you, your family doesn't have to deal with questions of authenticity, identification, and attribution. It also prevents them from inadvertently mishandling the coins.
The only way I would sell is if I really need the money. I love the coins I collect for the history. That's why I would like to get it graded, to keep it secured and in the current grade. I currently have the coin in this... All three are in roughly the same condition. I just feel like they bounce around too much because they don't fit completely snug.
I would keep the coin as is as well. I don't see a benefit in getting this one graded. Wow, I completely disagree with the majority of this...but that's OK.
Rim ding at 9:00 on the obverse (along with the rub-a-dub) would preclude this coin from getting anything other than a 'details grade'. Keep it in the (present) holder......
In response to your questions I respond as follows: As an investor my answer to your questions would be a resounding "No" and I would certainly seek professional assistance. As a Numismatist (Hobbyist) I would in all likelihood be collecting local coins which are easily obtainable and therefore if I wished to purchase a specimen I would be able to meet the seller on a face to face basis where negotiation would be possible and the chances of discovering a rare local specimen for a reasonable price would also be possible.
I like the Capital Plastics holders. Keep it like it is, it looks nice in there, and spend the money on finishing the set instead of giving it to PCGS or NGC, etc.
Hi guys I found the best way to store my coins is using manila seed envelopes provided you ensure that they are chemical free. If I then want to work or display certain coins I transfer them to plastic albums, this is a negative aspect. Using the envelopes affords me the opportunity to write a little history about the coin on the cover of the envelope
