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At what price level is a coin worth being graded?
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<p>[QUOTE="Jaelus, post: 2931324, member: 46237"]As a general rule, if the coin is worth less than $50 it's probably not worth slabbing from a financial perspective, however, it depends on your goals. If you're looking at it from a financial perspective, then the implication is that you're planning on selling the coins. If you're buying coins for resale, then yes, it absolutely would not make sense to spend more on grading than the value added by slabbing the coin. If you're not planning on selling the coins, then it doesn't matter as much.</p><p><br /></p><p>I would caution when you say "book value" that the world catalogs are not terribly accurate in terms of pricing when you get up into high MS grades. They try to be a jack of all trades, but you really need to get into pricing specialization to be able to gauge value. Many common coins with prices listed in Krause below $20 for MS60 command strong prices in MS65 and above due to the condition rarity. So it might not be worth slabbing an MS63 example of a common coin, but an MS66 might very well be worth it.[/QUOTE]</p><p><br /></p>
[QUOTE="Jaelus, post: 2931324, member: 46237"]As a general rule, if the coin is worth less than $50 it's probably not worth slabbing from a financial perspective, however, it depends on your goals. If you're looking at it from a financial perspective, then the implication is that you're planning on selling the coins. If you're buying coins for resale, then yes, it absolutely would not make sense to spend more on grading than the value added by slabbing the coin. If you're not planning on selling the coins, then it doesn't matter as much. I would caution when you say "book value" that the world catalogs are not terribly accurate in terms of pricing when you get up into high MS grades. They try to be a jack of all trades, but you really need to get into pricing specialization to be able to gauge value. Many common coins with prices listed in Krause below $20 for MS60 command strong prices in MS65 and above due to the condition rarity. So it might not be worth slabbing an MS63 example of a common coin, but an MS66 might very well be worth it.[/QUOTE]
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At what price level is a coin worth being graded?
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