3 Slabbed coins.

Discussion in 'What's it Worth' started by SilentSlugs, Sep 26, 2005.

  1. SilentSlugs

    SilentSlugs New Member

    I have recently obtained 3 slabbed coins.

    1954-S Lincoln cent MS68 RD by NTC
    1970-S Large date Lincoln Cent PR70 Cam by NTC
    1949-D Franklin half MS65 with Full Bell Lines MS 65 by PCI

    The Lincoln Cents look great. The Franklin cent looks good too, but the obverse appears to be toning around the rims by the "Liberty" and the "In God We Trust"

    Anyone help with the values?
     
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  3. zaneman

    zaneman Former Moderator


    It's tough to say what the values are, as your coins are more than likely overgraded. A few grades difference, can make a huge difference in price. If you posted pictures, it would probably be useful to others. Sorry I couldn't offer more help.
     
  4. SilentSlugs

    SilentSlugs New Member

    Sorry no camera to take pictures with but, I take it PCI and NTC are sucky grading companies.

    The Franklin half does have full bell lines. And the 1970 s Cameo Proof is at WORST a PR68. Super Mirror like, and the 1954-s Looks excellent as well.

    Probably doesn't help, but since I own them, I was just curious. Thanks
     
  5. zaneman

    zaneman Former Moderator


    That info should be helpful to some people here. I'm not good at pricing, as I'm somewhat new to coin collecting. I've had some bad experiences with PCI grades, so I'm skeptical about them. If you look at heritage auction under their completed auctions, you may be able to get an idea of how much your coins are worth.
     
  6. SilentSlugs

    SilentSlugs New Member

    Thanks anyway zane. I was using a Coin Prices magazine get a ball park idea of some of my coins, but the prices they use are sometimes vague. Ex. according to the mag, the 1954-s is worth 75 cents in MS-65. And it never uses Red for any prices listed.
     
  7. zaneman

    zaneman Former Moderator

    a 1954-s red pcgs ms-67 graded sold for 120 dollars on heritage auctions. An ICG graded proof-69 cameo sold for 19 dollars, and most 1949-d ms-65 with full bell lines are selling for over 500 dollars. Hope this helps.
     
  8. GDJMSP

    GDJMSP Numismatist Moderator

    SilentSlugs -

    The important thing for you to realize is that NTC and PCI are not among the better grading companies. The vast majority of the time - coins found in those slabs are grossly overgraded. For example - that '54-S cent graded MS68 RD by NTC - if that same coin were sent to NGC or PCGS - it would likely be graded someplace between EF40 and MS63. There are exceptions, but rarely. That's why none of the published coin values would apply.

    But on another note - the coin values found in the coin mags like Coin Prices, Coin Values etc etc are all but worthless. Rarely have I seen one that is not too high by a large percentage. If you want to know accurate values - you need to check realized auction prices at the various auction sites.
     
  9. SilentSlugs

    SilentSlugs New Member

    Thanks. When I first stared collecting I was using the online PCGS guide. Which I had discovered is not exactly accurate. I have been using the Coin Prices mag, mainly as a guide now, especially if I am interested in a coin from E-bay. Like If I was interested in a 1931-S Lincoln, in a 2*2 with a decent pic as VF. (76 bucks according to Coin Prices). The Most I would bid is 62.50 which is the price listed as G.

    I am still new, and I have been ripped off, but now that I have a little more knowledge, getting ripped off has been much fewer and far between.
     
  10. GDJMSP

    GDJMSP Numismatist Moderator

    That's why we're here - to try and help out ;) Next time, try posting pics of the coins or ask questions before bidding - definitely before buying. We were all once beginners and we all had to learn. But a lot of us didn't have the advantage of a forum like this to help us - we learned the hard way too :(

    But you don't have to - just ask ;)
     
  11. zaneman

    zaneman Former Moderator

  12. SilentSlugs

    SilentSlugs New Member

    Great! Thanks GDJMSP and zane. BTW, I take it if I send my coins to ANACS, that it will actually come back slabbed with a grade even if its XF? Or that just for certain older coins?
     
  13. GDJMSP

    GDJMSP Numismatist Moderator

    Yes - ANACS will slab your coins and grade them - unless they are counterfeit or altered.
     
  14. SilentSlugs

    SilentSlugs New Member


    Sweet, I have a couple SGS slabs that I am willing to bet that are not as they seem.(I will rip them open). Plus I have a couple other coins that are well circulated, but I would like to see what they are graded at. I'll look into it. Thanks.
     
  15. zaneman

    zaneman Former Moderator


    sgs grades everything at ms-70. Definitely overgrades.
     
  16. SilentSlugs

    SilentSlugs New Member

    Yes, Yes.

    If I could figure out how to open the hard plexiglass type holders, I would send my Gallery Grading Company ones as well. Yes I own a couple of them as well.
     
  17. zaneman

    zaneman Former Moderator


    If you send the coins in the holders, Anacs will take them out for you, which prevents you from causing any damage to the coins. It doesn't cost extra either.
     
  18. SilentSlugs

    SilentSlugs New Member

    I thought, that grading companies only did that if the coins graded the same or higher? Or should I say only grade them if the are the same or higher
     
  19. zaneman

    zaneman Former Moderator


    On the submission form you can indicate the minimum grade. Basically, if you have a ms-70 sgs coin, and you think it is an ms-60, then on the form you can say if the coin grades an ms-60 or higher, that they can reslab the coin for you.
     
  20. SilentSlugs

    SilentSlugs New Member


    And they will do this even if the coin is in a plexiglass holder?
     
  21. GDJMSP

    GDJMSP Numismatist Moderator


    Not so - just submit the coins to "cross at any grade". That is an option you have - yes you can submit them to "cross at same grade only" - but only if you want to.
     
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