Grading Questions!??!?!?!!!!! Confusing

Depends on what year you're talkin' about.....

Modern proofs (2000>) would tend to grade higher.

 

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I'm talking about a 1999 silver proof set. You think they will grad between PF63 and PF65?

 

You can look at population reports from the TPG company that you are talking about. Each company has different grades that are the common ones for each type and year.
So pull up the POP report for that one and look for yourself the one your wanting.
One grade can make a difference.

 

Ok, I still am having trouble understanding. I know you guys are saying bulk submissions can cost as little as $10 per coin, but coins on ebay are selling for even less than that. The average set of 4 2011 S Presidential Dollars in PR69DCAM sells for less than $40, before ebayfees. There must be a way for people to get even cheaper grading. There is no way they get enough PR70DCAM to make up for all the ones in PR69DCAM, where if they are really paying $10 per coin, lose their butts.

 

The pricing I have seen is as low as $7 per coin and I have no idea how they handle pricing for a set of 4. The one I have talked to who did this (individual coins) tried to break even with the 69's and make his money on 70's.

BTW, from 3% (PCGS averages) to 17% (NGC) come back as 70's.

 

Remember to, eBay is an auction, it sells to the highest bidder. It can be under valued as well as over valued,

 

Well, it use to be an auction; now it seems that 95% of all stuff sold is BIN...

 

Right. Lot's of folks like buy it now, especilly if there's free shipping involved. Thing is, if you don't like the buy it now price, move on. I can't tell you how much of that buy it now stuff goes unsold.

 

I have different grading question. I'm a member of NGC. I have a beautiful 2009 UHF which I purchased from mint. When preparing to send it in, I noticed a blood red copper spot on the lower reverse. Contacted NGC to see if the spot would affect grade. They recommended I send coin to NCS for conservation, meaning removing the red spot. In my opinion conservation is coin altering. I'm in a quandry. The red spot is the opening step of toning. If the present color has anything to do with it, it will be beautiful. I feel like holding the coin, raw, even though I won't live long enough for this natural process to take place. There may be a time, with the economy in its present state, that I will be forced to sell. What are your opinions of conservation? What are your opinions of selling/purchasing raw gold collectibles with visable copper spot. The spot is hidden at coin bottom, reverse and does not affect field or raised portions.

 

There is also an additional reason to slab a coin:

• verifying the authenticity of raw keys date coins and thereby making resale easier or less questioned.

I recently bought a nice raw 1886 and 1912-S Liberty nickel and 1908-S IHC, and am considering having them slabbed to "preserve" the value.

 

Correct, But, in my case it's another reason to leace the copper spot on the coin. One way collectors tell authenticity of older gold coins is that the copper spots (toning) show that the coin is indeed as old as claimed and has not been altered or cleaned. In a case such as yours, it could be possible for someone to buy those coins from you and then remove and replace. The coins removed could again be reslabbed. PCGS (and I think NGC will or has just started) is now taking a digital picture of the coin and, I believe the slab, so authentisity can be proven digitally. In my case, making a fake coin, out of gold, and putting toning on it, would cost more than the collectible. And, until gold prices go down or the UHR doubles in price, it wouldn't make sense. Slabbing also protects the coin, although you can do that yourself. How do you feel about conservation? If I clean a coin, I will probably lose value, if a TPG affiliate does, it's ok (cause they know how to do it, I suppose).

 

I'm betting that it's a copper spot, but I can see where someone not knowing what they're looking at trying to tell someone in Customer Service at NGC over the phone what it is might be prompted to consider conservation.

Chris

 

edit

 

spot is above the W. Geez, tried basic uploader, couldn't get pic to take, thought too large. So, I kept reducing and finally tried the other upload helper and now we're looking at a mighty small shot. But, the spot is there, it's dead center, 1/2 way between eagle a bottom of photo. If you can enlarge, it's above the letter W. The hair is on capsule.

 

Have you bothered to read a Red book at least as a primer of the hobby? There is a lot too learn before you jump into Professional grading.

 

Doug said it all. That spot ain't coming off.

 

That was my thought, I only asked NGC how they treated copper spotting. As to Red Book, yes, I use it along with the PCGS Coin Grading and Conterfeit. I asked the question of NGC because many experts clain copper spotting shouldn't affect grade. In fact ANACS would have definitely overlooked it (at one time) as they believed that a coin was perfect if it was kept in the same state as it was when leaving mint. I've got all the info I need. I now wait for a toning process, I hope!