Advice Appreciated!!

Sorry GDJMSP, I wasn't clear in my statement. In 2004 the mint came out with a westward journey set that included two proof nickels from that year, a sacajawea dollar (also proof), and a silver plated peace medal. The following year they came out with the same set dated 2005. In the 2008 red book I only find the 2005 listed. 2004 seems to have been omited.

 

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Has anyone seen a 2004P mint Monticello back nickel? I've been going through some circulated nickels, and came across one.

 

Boy do I wish I could! Made a dumb error. I sorted through $100.00 of nickels today, and I was sorting date stacks into mintmarks and reverses when I found the "2004" Monticello reverse. Naturally, I got excited, and tried to find a reference. Then I turned it over! It was a 1994p.... Boy! For a little while I was excited. Then disappointed.

Now just embarrassed! OOPS!

 

Happens to the best of us 'squirrel......:smile

 

Hello all

I need some help or advise on my phone app?

Here is my issue:

I access my CoinTalk watched forums through both my computer and my (smartphone?) and I cannot post anything new posts or replies with my phone app. This is because anytime I open a conversation/tread on my phone; a blue confirmation box appears at the top of the thread.

Your account is currently

Awaiting confirmation.

Confirmation was sent to

My email(coins@XXXXXXXXX.com

Resend confirmation email (this is a link to resend)

I have tried a dozen times to reconfirm to no avail.

Please help me to find the solution or perhaps someone who may help me get back my access.

Best regards

Petercoin

 

Read this Peter

https://www.cointalk.com/threads/i-...address-how-do-i-do-that.311272/#post-2998763

 

Now I have to ask: if I have a coin in a flip that I bought at price x and I send it off to be graded, then later can I sell it for x + the price I paid to have it graded? I want to recover my grading cost plus at least some of what I paid for it.

 

You can try to sell it for that, and hopefully someone will pay you that. If you are successful (or better), then having it graded was worth your while. If you are not successful, then of course the grading wasn't worth it. Of course you could also wonder why the guy that sold it to you didn't have it graded, or whether you are better at grading than him and therefore getting "proof" of its condition in a holder is a great thing, etc, etc.

But just putting any old coin in a holder and charging the extra grading cost - no.

 

Ahh, that's the rub. Sometimes no, sometimes maybe , and sometimes yes. For a person with good grading skills, experience with price history of said coin, eye for defects or problems, usually can. Since graded coins that are varieties or error, usually have to pay additional fees for verification the risk is increased. The number of people who displayed new acquisitions in the last week and professed that they were going to get it graded, but will lose in my opinion was about 95%. It takes TIME and experience to develop such skills even if just in a small area of expertise, and it can't be by watching Youtubies.
Many people here think they know after a month or so on the forum, but it has taken me over 50 years to be able to go to a large coin show and feel confident when buying coins, but I also know my weaknesses, such as Barbers ( which I do notcare for) and ancients, so Know yourself! Jim

 

But a lot of the coins I see in coin shops are in 2x2s and usually not graded in the first place. So if I want to get it graded, it's going to cost me, maybe even more than what I paid for it. I'm okay with that as long as it's a coin I want for some time. But I would think when the time comes to sell it if it does, then you're saying I won't be able to recover what I put into it?

 

So there doesn't seem to be any incentive to have a coin graded. Unless it's for the satisfaction of knowing just how it graded. And that means if I see a coin in a 2x2 with a grade on it I should trust that? Or maybe you mean I need to learn more about grading to determine the worth of a coin myself.

 

So how do I go about learning about grading a coin myself? I think ANA has a coin grading class, and I've seen their descriptions of how they determine grades. Does any of that help? I thought I could go to a coin show, see how the TPGs grade coins, and learn from that, but you say not to trust them? Why not? If no one can trust what the TPG puts on it, then once again, why bother?

 

I'll check them out. Thanks.

 

Value is also based on what a person is willing to pay, and this invariably depends on the plastic if you consider the registry game & players. I had a buyer willing to pay 5K for a coin I had bought for $60. But, it had to be in a PCGS holder. It made the grade, but not the designation.

Another example, I'd found an NGC graded coin, kicked it around with my boys, and they all said nobody wanted it. When it hit $100 free shipping I couldn't resist. Once entombed in different plastic, it sold for north of $800. So yes, on occassion, plastic matters.

 

Learning how to grade is of course essential and should be the first step before purchasing.