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At what price level is a coin worth being graded?
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<p>[QUOTE="PaddyB, post: 2931172, member: 40017"]It is also very much a matter of taste. Personally I hate slabbed coins - for me that takes away all the joy of the history of the coin as it turns it into a plastic commodity, but I do acknowledge that others have a very different view. </p><p>Country also makes a big difference - in the US grading coins is big, but in much of the rest of the world it is rarely done. In the UK there have been a number of attempts to get grading going, but most have collapsed due to lack of interest.</p><p>It also depends a lot on your long term intention. If coin collecting is primarily about investment then grading makes sense as you protect and authenticate your investment. If it is more about the history and artistic merit of the coins, then it is less important.</p><p>Finally value of the coin makes a big difference - there seems little point in spending more on grading than the coin is worth. In fact you might take the view that it is only worth grading if the fact that it is graded increases its value by at least what the grading cost - which takes us back to country as grading a UK coin rarely adds value and can reduce it!</p><p>Just my thoughts - no flaming please! <img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie1" alt=":)" unselectable="on" unselectable="on" />[/QUOTE]</p><p><br /></p>
[QUOTE="PaddyB, post: 2931172, member: 40017"]It is also very much a matter of taste. Personally I hate slabbed coins - for me that takes away all the joy of the history of the coin as it turns it into a plastic commodity, but I do acknowledge that others have a very different view. Country also makes a big difference - in the US grading coins is big, but in much of the rest of the world it is rarely done. In the UK there have been a number of attempts to get grading going, but most have collapsed due to lack of interest. It also depends a lot on your long term intention. If coin collecting is primarily about investment then grading makes sense as you protect and authenticate your investment. If it is more about the history and artistic merit of the coins, then it is less important. Finally value of the coin makes a big difference - there seems little point in spending more on grading than the coin is worth. In fact you might take the view that it is only worth grading if the fact that it is graded increases its value by at least what the grading cost - which takes us back to country as grading a UK coin rarely adds value and can reduce it! Just my thoughts - no flaming please! :-)[/QUOTE]
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At what price level is a coin worth being graded?
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