Cost of buying an SLQ quarter and having it graded?

I have been wanting a slabbed MS standing Liberty quarter. I don't care what year or mintmark, as long as it's uncirculated and has nice eye appeal so I can admire the intricate details. The prices for already slabbed SLQs are high. Would I be able to buy a raw coin and have it graded for less than an already graded coin? What is the risk of buying a coin that is billed as "uncirculated" getting a AU grade?

 

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Substantial risk unless you are able to detect cleaned coins and grade them on your own. Don't be penny wise and pound foolish.

 

An learned eye could net you a bargain. Don't rule out 'raw'......

 

Let's put it this way...

If all one had to do is buy raw based upon seller claims, submit, and receive a substantial discount over buying already stabbed, why would anyone buy slabbed? Now that discount when reversed is profit, so ask yourself why, if it was so easy, so many are perfectly willing to leave money on the table to sell raw when all they'd have to do is submit and reap the rewards?

Sure, there are raw coins out there worthy of submitting, but they're not likely to fall into your lap simply because you don't want to pay slabbed prices. If you genuinely KNOW what you're doing it may be worth your while (MAY be), but if not all your be doing is setting yourself up for a disappointment and likely a loss of money as well.

 

How about a Dan Carr piece?

 

Yes, there's a risk your raw "MS" coin could grade AU.

There's also a risk the coin could be fake: https://www.aliexpress.com/item/90-..._1&btsid=555d76c3-4260-4c39-8c7c-655414083de4

 

Thanks for the advice.

 

If I were looking for just one, I would go look for the most pretty coin I could afford. The heck with the grade or the slab.

 

How about posting on the "want to buy" forum? perhaps a CT member has what your looking for.

 

I'm not a SLQ guy, but I will add this. There is always a risk of getting an AU from a so called Unc raw coin. If you are just looking for a nice '20 or '23 plain, MS60ish grade, take your time and you will be able to find a slabbed one...most of the fun is in the hunt.

 

Should be able to get a MS62 for under $250...but it probably won't have a "FH' designation.

 

ANACS doesn't require a membership to submit.
If you are an ANA member, you can get a free NGC submitter number.

 

The coin pictured on my avatar is a 1917 SLQ that I purchased RAW! Now it's true if you read my GTG thread it came back from Anacs as a AU-58 FH.
That said most everyone who replied to the thread agreed that the coin is better than what the TPG a signed grade.
My advise is buy it raw look for a coin that has eye appeal .
I've been in the hunt for several years for a specimen like the one pictured. Anacs had a special of 15 coins for $139.00 no member ship required . That's less than $10 @ coin.
You have two options 1 buy a graded specimen and pay top dollar or 2 buy it raw and have it graded.
You may also want to think about piggybacking on a members order to a TPG.
But one thing you or any of us must take into consideration buying any coin. And that is this "do your homework", it really doesn't matter if it's raw or graded. If you aren't schooled in what you're buying .
I totally understand as I have about $300 investment in my 1917. Purchase plus grading. But I got the coin I wanted for my type set. Am I pleased with the grade no not exactly but I am pleased with my coin. And to me that's what truly matters.
I have received many comps on my coin from others here and elsewhere ......and yes I appreciate them, but what I appreciate even more that I did my homework and everything came together .

 

I purchased that coin
<-------------€ over there for $275 graded for $10. By Anacs .
True again it came back as an AU -58 FH.... show me another that looks better in a MS slab.

 

Paddy, yours is an exceptional coin and I really like the toning.

 

Jerry I appreciate your comments , but again if you think that collecting coins is like buying a car you're in trouble .
Certain specimens take time to find the right one, no matter raw or graded. If you are laying out a few hundred dollars and are the average collector not someone who has a unlimited budget it could take some time!
If you do things in haste you will make mistakes and again it matters not if it's raw or graded.

 

Along the same lines, how about a simple counterfeit? This way he could save even more money, and maybe, even get one residing in a slab too. Or maybe even a photo sealed inside an Amos slab will suffice?

Are we really to the point where we're going to recommend copies to people wanting the real thing? I know you meant no harm, Paul, but the bigger picture needs to be looked at here. If some like, collect, and enjoy Carr copies for what they are, that's great and I do mean it, but when recommended as on par replacements for the originals? There's something deeply wrong with that and where does it end? If this hobby devolves to the point where the real deal no longer matters, or where the genuine connection to history no longer matters as long as someone can save a few bucks buying a copy, it will be the beginning of the end.

 

I would cheerfully double that coin's book value as graded if I were in the market. Even if there is wear, it's the best illustration I've ever seen of why AU's can be far more appealing than low-end Mint State examples. Not to mention SLQ's are my favorite coins in high AU.

 

And you, for one, have helped train me to "cherry pic" the best. It took me a good while to find a decent specimen of a 1937D 3 leg that I could afford, and I will always remember your comments about the mothy rear leg!