what would you do?

I have a Connecticut quarter I found in circulation a while back that is missing the reverse clad layer (I have a picture of it that I posted but don't know how to link it to this post) but my question is should I send it in to have attributed? I'm not wanting to sell it right now but in the future I may. Is it worth slabbing it? what company should I send it to and about how much is it to have slabbed? I've never sent one in and appreciate the advice.

 

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Assuming it is genuine, and the real deal, it is probably worth submitting. A missing clad layer can be worth a decent premium, but is worth submitting just for the authentication.

As for the company - both NGC and PCGS are equally respectable for this. My bias will always be with NGC, so I'd recommend them, but you'll do just as well with PCGS.

 

while I'm no expert I can say with some certainty that it is missing the clad layer I weighed it it weighs a little over 4. 5 grams and I compared it to others and it looks like them. So as far as cost? Do you have to be a member or can you just send them in? I have about about a dozen coins that i would like to have authenticated.

 

Yes, you have to be a member. For NGC, it is $45 (I think?) to join. The service tiers and fees can be found here: https://www.ngccoin.com/services/services.aspx

 

I agree with Jason. Yes, NGC and PCGS are both reputable for authenticating errors, and I too, am partial to NGC. However, my reasoning for suggesting NGC is because this type of error will be worth about the same from either company, but PCGS will charge more for attributing it.

Chris

 

You can become a member of NGC for as little as $39. There are two other higher priced membership levels, but for most of us the $39 one is sufficient.

 

Here are the membership rates for NGC. The Premium level is the best because it costs $149 but gives you a $150 credit toward submissions.

Don't forget, like PCGS, this is just a fee to join. You still have to pay the grading fees for each submission.

https://www.ngccoin.com/join/

Chris

 

If you don't want a membership but still want a reliable grading service that can authenticate your coins, ANACS is probably the best bet.

 

Ok thanks everybody I'll probably go with ANACS as omegaraptor said. I don't really need a membership because I don't buy coins usually so all I get is what I find in circulation and its few and far between finding anything worth sending.

 

As someone who has given significant thought to holdering my errors:

ANACS is the least expensive. NGC is a bit more. PCGS is the most. Yours would qualify as a modern for all three and PCGS is where this makes the biggest difference. If you decide to sell, the market will favor PCGS or NGC over ANACS, but a lot of variety and error collectors are fine with an ANACS holder because they will authenticate just about anything you send them for a reasonable price. Much of the Coneca number base is only recognized by ANACS on the holder.

 

An alternative method of submitting something for grading is to go to a dealer and have him submit it for you for a fee.

 

You could join the ANA, as every collector should, and qualify to submit to NGC that way. ANA members don't need to "join" NGC.

 

My choice would be ICG over ANACS. Their fee for error coins is the same for normal ones and you don't need to join anything. Compare ANACS w/ICG on their web sites.

 

The problem with ICG and ANACS graded coins is that nobody wants them. Sure, you may save on fees upfront - but you'll lose far more than that on resale value.

 

Good point. NGC and PCGS slabs sell for more. I don't know where you live; but from what I see as I walk around big/small shows, ICG rules the South. While it is a good TPGS (I know and respect their personnel as well as ICG's) ANACS is practically a no show.

I cannot comment on the West or Midwest and would be extremely interested how ANACS and ICG compare in those regions.

IMO, error collectors seem to keep their coins so it hardly matters what they will bring when sold. Now, on a less valuable coin like a missing clad layer...I would not eat up any potential profit in the future with a high slab fee. If I had a valuable error (over $250), it would go into an NGC/PCGS slab every time.

 

Step 1 - Become an ANA member. $28/yr with The Numismatist magazine in digital format, both to read on a device online, and downloadable as a pdf. BTW, this now includes digital versions of the ENTIRE HISTORY of The Numismatist, some 100+ years of it.

Step 2 - Call NGC with your ANA number and they'll fix you up with an NGC minimal account at no charge.

Step 3 - Reflect upon what a brilliant choice you've made.

 

wow.. there is a mouthful of decisions, decisions to make.......what was the question?

 

Ah...someone found a dime that was copper plated on one side

 

... and it had shrunken down from the quarter that it started as.

 

hey it was my penny who was shrunk down to a missing clad layer Connecticut quarter