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<p>[QUOTE="kanga, post: 1779007, member: 9270"]My rules for getting coins professionally graded are simple to state but somewhat difficult to execute.</p><p> </p><p>1. I grade the coin based on a GOOD grading guide (that means NOT the Red Book).</p><p>2. I do my best to determine if the coin has been cleaned or otherwise altered.</p><p>3. Based on the results of 1 and 2 I come up with a catalog value (again NOT the Red Book).</p><p>4. I look at the cost of grading a coin with that estimated catalog value. That cost has to be 10% or less of my estimated catalog value. When you include S&H that generally means I think the coin is worth $300 or more.[/QUOTE]</p><p><br /></p>
[QUOTE="kanga, post: 1779007, member: 9270"]My rules for getting coins professionally graded are simple to state but somewhat difficult to execute. 1. I grade the coin based on a GOOD grading guide (that means NOT the Red Book). 2. I do my best to determine if the coin has been cleaned or otherwise altered. 3. Based on the results of 1 and 2 I come up with a catalog value (again NOT the Red Book). 4. I look at the cost of grading a coin with that estimated catalog value. That cost has to be 10% or less of my estimated catalog value. When you include S&H that generally means I think the coin is worth $300 or more.[/QUOTE]
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