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<p>[QUOTE=&quot;funkee, post: 1496885, member: 37925&quot;]NGC and PCGS are both well known and reputable 3rd party graders. You can shop around and find some smaller companies that charge less, but their reputation and grading might not command the same premium at a sale or auction.</p><p><br /></p><p>Buying an uncertified error online is a gamble. The grading companies help both buyers and sellers, by providing something similar to a certificate of authenticity. The certification adds a premium to almost any coin, but whether it&#039;s worth your while depends on the coin and what you want to do with it.</p><p><br /></p><p>It ultimately boils down to a cost-benefit analysis. Will the certification add enough value to buyers to cover your expense? If it&#039;s a unique error - something that a potential buyer might think is too good to be true, then I think it&#039;s well worth the expense. If it&#039;s a common error, or you don&#039;t plan to sell the coin, then perhaps it&#039;s not worth it.</p><p><br /></p><p>As a buyer, I wouldn&#039;t pay as much for an error if it wasn&#039;t certified, because of the chance the coin or error is counterfeit. Rare and unique errors will command high prices, but are also likelier to be faked.</p><p><br /></p><p>The graders don&#039;t set their prices to discourage people from sending in their coins and currency. The more people send in, the more they earn. You are paying for someone&#039;s expertise, time, and reputation (brand). Also, dealers can send in your coins for grading. Because they often submit them in bulk at a reduced rate, you might be able to get it certified for less.</p><p><br /></p><p>Remember that your reputation as a seller is very important. If you sell an uncertified coin that turns out to be counterfeit, you might have a lot of trouble finding serious buyers for other coins you decide to sell later. Some dealers will not risk selling uncertified coins or currency at all. It might be worth certifying every coin. If a seemingly insignificant coin slips by and is found to be counterfeit, you can really hurt your business in the long run.[/QUOTE]</p><p><br /></p>

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