New to numismatics

Discussion in 'What's it Worth' started by mikegibson, Jun 4, 2008.

  1. mikegibson

    mikegibson Junior Member

    I just began collecting about a year ago and have a fairly nice collection via e-bay and a local coin store. I am wondering, since some of the Morgans, and some of my early cents are in very good (MS+) condition, does it make sense to send them to NGC/ANACS to get them professionally graded and encapsulated? Mike
     
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  3. Treashunt

    Treashunt The Other Frank

    Mike:
    Welcome to the forum.
    And without seeing the pictures, or having no idea of the value, most likely it is not worth it to send them in.

    However, if they are better condition and better dates, perhaps it is worth it, post some picutres for opinions.
     
  4. scottishmoney

    scottishmoney Buh bye

    Welcome to the forum!

    I would suggest buying up and reading materiel on coins you like, check out your local Barnes and Noble etc. They have great books on grading coins, collecting etc. As a collector I try to blow a percentage of my collecting budget on research materiel, or find such online if necessary.

    There is an old and oft repeated adage in coin collecting, "Buy the book before the coin" so you know what you are diving into, and do not get burned out by bad deals.
     
  5. Bonedigger

    Bonedigger New Member

    Greetings and Welcome to the forum. As to your question, you're going to get all kinds of answers. Some will recommend slabbing some will not but remember it's you who will have to make the final decision, and if you choose to slab be prepared to pay ($$$) for the service.

    Take Care
    Ben
     
  6. Brit in Texas

    Brit in Texas Senior Member

    If you're keeping them don't get them slabbed, just get your own solution for keeping them in the condition they're in, airtites or those coinworld coin holders both do a great job and look pretty snazzy. If you're selling them, you're sure they'll grade high and they're worth around $100 or more it may be worth slabbing them. Just my 2 cents.

    Welcome!
     
  7. HelloNewman

    HelloNewman Member

    Ditto!:D
     
  8. bruce 1947

    bruce 1947 Support Or Troops

    Mike.
    Welcome to our forum glad to have you here.:hail:
     
  9. Just Carl

    Just Carl Numismatist

    WELCOME TO THE FORUM.
    As to having your coins slabbed, NO. I say that for several reasons. For one thing as a new collector you'ld be spening money that should be used to buy books on coins, albums, 2x2's but mostly other coins. Next reason is unless you have a large amount of money and you are just keeping those coins, there is no purpose in having them graded and slabbed. Next a slab takes up to much room per coin and unless you have a large area for just slabs, don't do it. Next is having a pile of slabs makes looking at your collection difficult. One more thing is like most people with a hobby, they sometimes loose interest in that hobby. Now if you spend money, time and space on slabs you may begin to loose interest faster and then you'ld be sorry for that part of the hobby. I suggest you first aquire a few albums so that you can appreciate what you have.
     
  10. alpha480v

    alpha480v Senior Member

    Hello and welcome to the forum!
     
  11. Bonedigger

    Bonedigger New Member

    OOPS, double post...
     
  12. rzage

    rzage What Goes Around Comes Around .

    Welcome to CT . You got a lot of good comments on slabbing coins , the best was save some money to buy books , then make up your own mind .
    rzage
     
  13. Indianhead65

    Indianhead65 Well-Known Member

    Like the others have said, spend some money on books in the areas that interest you the most, Morgan Dollars and so on, then buy a coin grading book.
    These two books will benefit you....
    http://www.whitmanbooks.com/Default.aspx?Page=81&ProductID=0794819931

    http://www.whitmanbooks.com/Default.aspx?Page=81&ProductID=079482269X

    As far as slabbing goes, thats a decision you will have to make according to what you like, but to go with a reputable company (PCGS, NGC or ANACS) it's not cheap. But as we all know, you get what you pay for and thats especially true with TPGs (Third Party Graders). If you decide to go to a Professional Grader for slabbing please stay with a reputable company. Hint: Stay away from Star Grading Service (SGS).
     
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