. I am looking at a circulated Morgan. It is probably in the VF20 range. Nics, dings etc.If I was to have it graded? Dose any one have a trusted percentage, below coin book pricing. Just to break even?
"Nics, dings, etc"... how severe are we talking? The first concern should be IF it will clean grade; a coin like this returning in a genny holder is basically money flushed down the drain. Now, not all coins need to be entombed, and a well circulated 90-CC certainly could fall into this category, so may I ask why you feel it necessary? Also, what is "coin book pricing", and why do you feel it has any basis in reality? As for some sort of "trusted percentage", it's not quite that simple, especially if you're not able to piggyback it with other coins to reign in costs. You're better off crafting the numbers to your own situation, first meaning how much is it going to cost YOU, in total, to get that coin into (X TPG's) slab. Next, you need to know how much (a reasonable range) THAT coin will be "worth" in that slab (if cleanly graded at the level you think), which, in reality, may not line up with whatever this "book" says. It's one thing if doing this for your collection, but if for resale, now you have to consider what, after purchase, acquisition, submission, etc expenses, it's going to cost to sell the coin and still allow for a fair profit. Again, it's not always as simple as "X - Y = Z so I can pay $X". A generic percentage on (as an example) a $5000 coin wouldn't quite work on a $100, would it? Beyond this, you're buying a RAW coin with a very modest best-case value, so the seller might not be okay with eating your submission expenses. Sometimes, if you want slabbed (if a collector) it's best to just buy slabbed, especially if one's grading, problem, or counterfeit identification skills are not what they should be.
'90 and '91 CC's. I have $185 in the pair, which may or may not be good. I felt like it was fair. The '91 is NGC graded VF25.
I also had the damaged in thought. Real nice 90' Just looking for an adjusted price to the seller. I think I can get the coin for my first CC. Definately not a clean coin. He has an 84S that would grade for 28$
@Pickin and Grinin If you want a coin for your first CC, why don't you get a certified '82CC or '84CC in MS64? It's a lot more bang for your buck. Chris
Again, if it wouldn't grade cleanly (no problem), there's no reason to consider subitting and there should be no adjustments made to pay for it. As for the 84-S, grade is everything. If well circulated, even if problem free, it's not going to be worth the expense and is, as mentioned before, one of the majority of coins that do not need or have any real business being slabbed. As for an "adjusted price", if the seller is willing and understands it's not necessary, that's fine, but one cannot rightfully search out raw coins and expect to be discounted submission fees, especially with a coin like this that shouldn't remotely be questioned when offered raw. If the guy wants $28 for the 84-S, you certainly can't come at him with a "but it's going to cost me $35 (or whatever... even a piggybacked $10 ANACS special) to get it in a holder". If you like the coin/coins and find the as-is price is reasonable, buy them. If not, don't.
The guy thinks that just because it is a CC. He wants top dollar. Thanks for the info. I will probably just pass on the coin. It would fill a spot in the Dansco though.
sorry, I just noticed the date above, I thought generic silver $. I correct myself, about the above post, but... still not worth slabbing
For an 1890-CC - these had a high survival rate in my anecdotal experience, and are easily found in circulated condition - $90 is excessive for a raw VF in my opinion. That's what the market says they're worth (roughly) already in a slab.
Normal wear 1890CC PCGS VF-20 (no damage) have been selling for $90-$130. A reputable TPG Company Slab simply tells the buyer, someone or group with an educated approximation figured that coin's grade and it is genuine based upon known attributes. It is almost impossible in this market to calculate the cost of TPG submission fees, shipping fees or insurances into the cost of a coin. When buying a coin find your comfort zone .... 1. Find a current issue of a coin magazine with prices. Look at legitimate coin auctions for pricing. 2. Are you an experienced grader? If not a good grader or are unfamiliar with the type, start with low cost coins of a specific denomination and have your educated friends give an you an opinion(Join a Coin Club) (Post Pictures on this site) 3. If you do not have the time or confidence buy reputable TPG coins. Coin Account balancing has never worked out for me .. buy and grade on specifics.
