Anyone get an email from ANACS today? Running some really good specials. 15 day service. Special 1: Morgan and Peace Dollars $10 per coin with a 10 coin minimum and max insured value of $500 per coin. Special 2: Walking Liberty half Dollars and Franklin Dollars $10 per coin with a 10 coin minimum and max insured value of $500 per coin. Special 3: 12-Coin Special Submit 12 coins under any tier of service and 2 coins in your order are free. I am sending in 10 Morgans, 9 Franklins and 1 Walker and 12 Misc coins under the 15 day tier. Ending up costing $390.65 with shipping or $12.20 per coin. Not bad at all! Must be postmarked by October 13 to get the special. Added..no coupon needed.
I'm confused, is it a good deal to pay $100+ to slab less than $500 worth of coins? I had my washington dollars with missing edge inscriptions slabbed because the increase in what I could sell them for would greatly exceed the cost of slabbing them. But with say a $50 Morgan, Walker, or Franklin, would a slab cause the value to go up by at least $10??
I just reread my post and I know it sounds a little rude, but I'm just trying to understand the value of getting common or low value coins slabbed. Thanks in advance for any responses.
No Problem. Very good question. Well I am trying to put together a certified Franklin set. Got a bunch of NGC graded Franklins already. I do think the grading does add value personally. Whether it adds 10 bucks to the value that's a good question. I just think it makes it easier for putting a value on the coin and possibly selling at a later date. People know pretty much what they are going to get (if the coin is cleaned, that the coins is authentic etc). Personally it is worth it to me. If the 1949-S comes back in a good grade it will make it worth it for sure. And just to clarify that is max insured value of $500 per coin..not total for the lot.
That's a huge difference. I can see the value of slabbing $500 coins for reasons you already mentioned. When a small difference in the grade can mean $100 difference in price, I agree there's some value in slabbing the coin for sale (even if you don't know when you are going to sell it). Personally I do find great value in slabbing for coins that are commonly counterfeited (High $ key dates, gold coins, older silver coins, easily faked errors, etc...)
Sorry it was confusing about the $500 max value..I did mean to put $500 per coin. I recently bought a 1909-S VDB on Ebay for a pretty good price I think. Problem is it's raw. So now I am worried it's counterfeit. I haven't received it in the mail yet but once I do I am shipping it to ANACS along with the rest of the 32 coins I am sending in. Might of saved a few hundred bucks taking a chance on it being real. Seller said if it wasn't real he would refund my money. Wish me luck!
