Usual question is why? Maximize sale price? Confirm authenticity? Protection? Different answers suggest different choices...
I prefer PCGS as they have a clear slab. NGC is also good but the white insert that they use to hold the coin in place makes it difficult to see the coin. At least for me it does.
Lots of reasons I suppose. If collecting for yourself and have no intention of selling them off, I guess grading would be a waste of funds. Leaving them as an inheritance and graded would be helpful. Knowing you didn’t purchase a fake coin or a cleaned coin would matter if you want to sell. An investment. Way to many reasons for a simple why..
Not really, given your horizon the options narrow. If you intend to sell near term, PCGS tends to bring the highest prices. If you want simple authentication and protection, ANACS is good enough. When the time comes to sell, you can check sold prices for ANACS at grade X and PCGS at X-1 and figure out whether it's worth regrading.
thanks ed! I’m not sure how they would grade out but appreciate your opinion. After looking at them, they seam to have more little marks then I remembered the last time I looked at them. Wonder if the plastic folder could be adding to the sm marks?
tks. It’s one of the better coins Ive purchased. When I bought this, I think gold was like $35 bucks an ounce. Thats amazing!
A perspective that may (or may not) assist you in your thought process: I will use the 1896S $20.00 to illustrate, and use the August market tabulations: MS Grade..... Spot Bid*.......CAC Bid (*=NGC/PCGS) 63 3600 4320 64 4300 5160 65 25000 30000 All grades below 63 have fallen. It is not possible to grade MS coins from an image. Now, where would you submit?
It's been a while for me but waiting a long time to get coins back has been the normal for many years. It is what it is and will never change. I'm starting to sell my US collection and PCGS will be my choice for coins that are worthy of the fees.
hello Charle, thanks for your opinion. For some of these coins I’m leaning towards PCGS. Now, if I can only figure out what it will cost to have it graded. My understanding is the higher the grade the more I’ll be charged. Would I do better on cost if I purchased a membership?
It seems that patience is needed when grading coins. With no intentions of selling, the only thing to do is stay alive long enough to see the results.. tks
Dan: PCGS (you keep using the wrong initials) They sell memberships, which come with vouchers that cover most of the cost of grading so you are even on the 1st submission. It's clear on their site. Read the words and don't over think it.
ed, most of my coins were purchased at antique auctions and estate sales. 20/25 years ago, you could buy these for like 350 / 400 dollars. At the time, I’m sure the seller was thrilled to get those prices. Never happen today..