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<p>[QUOTE="illini420, post: 1315247, member: 19423"]First, welcome to the forum. I figured I'd reply to correct some misinformation in previous replies.</p><p><br /></p><p>1. Slabbing coins isn't cheap. Assuming your already a member of PCGS or NGC, getting all 5 of your sets graded (25 coins) will be $400 at a very minimum (PCGS cost w/o FS labels). If you opt for NGC, it's a little more and if you go for PCGS w/ FS labels it'll be nearly $900. Plus you have to wait about a month to get your coins back. Of course, if you hit some 70s in your submission, then it may be worth it... but if prices decrease over the next month, you may not be happy. It really is a gamble when you send in a sealed box. You know right now you could sell the box sealed to someone else for X dollars, or you could open it up and sell of raw sets individually for Y dollars each... everything else is speculation.</p><p><br /></p><p>2. You can send the sets via Express Mail insured for up to $5000 (and the USPS insurance does cover collectible coins - if you have to file a claim, don't say it was cash or bullion though). But why would you want to do so, what is the rush? If you're worried about the FS deadline, PCGS goes by the postmark on the box the Mint sends to you. So, if you keep the box sealed and it's marked before the FS deadline, then you can get it to PCGS whenever you want, whether it be late-December or five years from now and it'll still qualify for the FS labels. If you have open sets, you can still get the FS labels on the 2011-P Reverse Proof and the 2011-S coins if your package to PCGS is postmarked by the FS deadline. The date PCGS receives the coins is irrelevant.</p><p><br /></p><p>3. You need to send a sealed Mint box if you want the "25th Anniversary Set" designation and/or FS labels on all 5 coins in the set. If you only want that designation on the 2011-P reverse proof and the 2011-S coins, then you can send unsealed coins since those two coins are unique to this set.</p><p><br /></p><p>4. Hard to prove since hardly anyone has sold any non-FS coins yet. You'll see more of them after the FS deadline passes and only sealed sets qualify for the labels. After the FS deadline, all reverse proofs and 2011-S coins sent in unsealed can still get the "25th anniversary Set" label, but they won't be eligible for FS. That said, I'm one of the very few that submitted my sets to PCGS and didn't pay the extra $450 for the FS labels. I've sold some coins so far and I've noticed no price reduction in the selling price and offers I've received. In fact, some people prefer to have the standard labels vs. the FS labels or other special labelling. Today, I sold a PCGS reverse proof in PR70 for $895 w/o the FS labels. Several examples w/ the FS labels or with the Mercanti autographs sold for less than my coin today. Of course, the sample size is pretty limited though at this point. </p><p><br /></p><p>The real question is how much work do you want to do... if you don't mind the extra work, then submit them all for grading (sealed) and then sell them off individually when you get them back. If you get lucky with grades, you'll probably make a little more, but you'll spend quite a bit more time dealing with these sets (and you'll wait a month for grading). But if you don't want to do much work, then sell your sealed box to someone else and take the nice profit, or maybe open the box and sell off individual sets. Regardless, you'll end up getting way more than your $300 paid for each set. Finally, please note that my comments are geared more towards PCGS policies since that is where most of my submissions go. If you're thinking NGC for your coins, you should confirm with them if you have questions.[/QUOTE]</p><p><br /></p>
[QUOTE="illini420, post: 1315247, member: 19423"]First, welcome to the forum. I figured I'd reply to correct some misinformation in previous replies. 1. Slabbing coins isn't cheap. Assuming your already a member of PCGS or NGC, getting all 5 of your sets graded (25 coins) will be $400 at a very minimum (PCGS cost w/o FS labels). If you opt for NGC, it's a little more and if you go for PCGS w/ FS labels it'll be nearly $900. Plus you have to wait about a month to get your coins back. Of course, if you hit some 70s in your submission, then it may be worth it... but if prices decrease over the next month, you may not be happy. It really is a gamble when you send in a sealed box. You know right now you could sell the box sealed to someone else for X dollars, or you could open it up and sell of raw sets individually for Y dollars each... everything else is speculation. 2. You can send the sets via Express Mail insured for up to $5000 (and the USPS insurance does cover collectible coins - if you have to file a claim, don't say it was cash or bullion though). But why would you want to do so, what is the rush? If you're worried about the FS deadline, PCGS goes by the postmark on the box the Mint sends to you. So, if you keep the box sealed and it's marked before the FS deadline, then you can get it to PCGS whenever you want, whether it be late-December or five years from now and it'll still qualify for the FS labels. If you have open sets, you can still get the FS labels on the 2011-P Reverse Proof and the 2011-S coins if your package to PCGS is postmarked by the FS deadline. The date PCGS receives the coins is irrelevant. 3. You need to send a sealed Mint box if you want the "25th Anniversary Set" designation and/or FS labels on all 5 coins in the set. If you only want that designation on the 2011-P reverse proof and the 2011-S coins, then you can send unsealed coins since those two coins are unique to this set. 4. Hard to prove since hardly anyone has sold any non-FS coins yet. You'll see more of them after the FS deadline passes and only sealed sets qualify for the labels. After the FS deadline, all reverse proofs and 2011-S coins sent in unsealed can still get the "25th anniversary Set" label, but they won't be eligible for FS. That said, I'm one of the very few that submitted my sets to PCGS and didn't pay the extra $450 for the FS labels. I've sold some coins so far and I've noticed no price reduction in the selling price and offers I've received. In fact, some people prefer to have the standard labels vs. the FS labels or other special labelling. Today, I sold a PCGS reverse proof in PR70 for $895 w/o the FS labels. Several examples w/ the FS labels or with the Mercanti autographs sold for less than my coin today. Of course, the sample size is pretty limited though at this point. The real question is how much work do you want to do... if you don't mind the extra work, then submit them all for grading (sealed) and then sell them off individually when you get them back. If you get lucky with grades, you'll probably make a little more, but you'll spend quite a bit more time dealing with these sets (and you'll wait a month for grading). But if you don't want to do much work, then sell your sealed box to someone else and take the nice profit, or maybe open the box and sell off individual sets. Regardless, you'll end up getting way more than your $300 paid for each set. Finally, please note that my comments are geared more towards PCGS policies since that is where most of my submissions go. If you're thinking NGC for your coins, you should confirm with them if you have questions.[/QUOTE]
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