1972 D nickel with full steps according to PCGS is MS67FS … should I get mine graded I ran into a box of nickels I bought obviously somebody had stashed… Or should I skip grading it
Hey. I have a few graded nickels that I won on another site but personally, its not worth the chance of it coming back a normal MS-65 like mine . It's not worth the grading fees unless it comes back a MS-67 FS which is not too common in any year. Just my opinion.
yeah thats what im wondering but if it wins Girls gotta get gas and groceries pretty much pay to go to work now and my feet arent "OnlyFans" material so plan B...
Grading a coin can cost $60 for fee's insurance and the round trip. A general rule is the value of the coin should be $150- $200 to make it worth your while. Another question regarding grading is how much value will grading add to your coin? Will it turn your $50 coin into a $200 coin? Many times you and the coin are better off by putting the coin into a 2X2 flip and enjoy it as is. Welcome to the hobby and to Coin Talk. In your other post one of our members gave you a list of web sites that have useful and accurate information. Read up on the basics, study your coins, post in - focus full size pictures with the background cropped out of both sides of your coin. Provide a zoom and a description of what you are seeing along with your questions so we can help you. There are a lot of knowledgeable people here that are willing to help. Some of us can get a little cranky if we get a poster who doesn't do any research before hand. For better pictures try the set up below. (Courtesy of Sensible Sal66) the gentleman from post #2. Again welcome and enjoy the hobby.
While a 1972-D Jefferson Nickel PCGS MS67 FS has a greysheet price guide of $3000, it is very unlikely that your coin is going to achieve that grade. Based on your photos however, I think your coin is a solid gem (MS65) with a shot at premium (MS66) and the steps look full as well. In MS66 5FS, the 1972-D has a greysheet price guide of $80. To answer your question of whether you should have the coin graded, we would need to know what your goal is in having it slabbed. If you want to make a profit, we would also need to know how much you paid for the coin. The general consensus regarding this issue is that a coin must be worth over $100 in order to consider grading. I do not ascribe to that policy. To me, basic mathematics should answer your question. Let's assume that your coin is an MS66 5FS with a greysheet price guide of $80. Let's further assume that you could net 80% of that price after selling it on a venue like eBay, that brings you down to $64. Now we have to figure out how much it would cost you to have the coin graded. The NGC grading cost for a modern coin is $19 per coin, but the membership costs and S&H fees would likely eat up your entire $64. However, if you could find someone (eg. local dealer or Cointalk member) willing to piggyback your coin on their submission for a small fee, you could limit your costs to about $20, giving you a reasonable expectation to make a $25 profit. Your photos make your coin look high grade, but they are also badly overexposed and could be hiding significant marks. If you would like to compare your coin with another MS66 5FS, here is a photo of my NGC registry coin. If after comparing your coin to the coin shown above you think your coin is MS66 5FS, feel free to PM me concerning piggyback options. I send a Jefferson Nickel submission to NGC every few months. Paul
I always ask the question; Why? If it is to increase the value and likelihood of making a profit when selling it, then you need to do some homework to see if the cost is worth it, as others above have mentioned.
Grading is up to the individual. You decide if the cost makes sense. That said, I'm not sure this one would make FS but I'm not an expert. Thanks for sharing.
@merry christine ellis IMO, your coin is an MS-66 5FS at best (lighting makes it difficult to fully evaluate the surfaces), and it would cost you more in grading fees (plus you would have to join PCGS Collectors Club @ $69 minimum; the NGC Collectors Society @ $25 minimum; or join the ANA @ $30 which allows unlimited submissions to NGC, OR, you could submit to ANACS (no cost to join). No matter which service you would choose, you would have similar fees for the Tier, shipping to and back, plus insurance (not warranted for this coin UNLESS it did grade an MS-67 FS on the Return trip). Alternatively, you could look up a Coin Dealer within a reasonable distance from you and ask them to evaluate it; a Coin Show is another way to proceed where they will grade it on site for a slightly higher fee (but no shipping or insurance required); ANACS has a schedule of upcoming shows: https://coin-dealer-directory.money...MIr5b-pbWk-AIVj0lyCh1riQIuEAAYASABEgIQdvD_BwE
I sent one and I should have listened to these coin geeks.... they know told me not send it in unless this particular coin would grade 70 and it didn't 69 I should have listened, but I am hardheaded per mom.