Message:

<p>[QUOTE=&quot;Troodon, post: 1642381, member: 4626&quot;]You have some good points that people often miss about grading.&nbsp; Grading adds no value to a coin, NONE, period.&nbsp; A graded coin is worth no more than that identical coin without the grade.&nbsp; The assurance of a professional opinion on a coin&#039;s grade and authenticity can make the coin easier to sell, but rarely will it make it sell for more, unless it&#039;s rare in its grade or is just so commonly faked that nobody will touch a raw one with a ten foot pole (Trade dollars come to mind lol...)&nbsp; Ebay you do see grading improves how fast you can sell something for, and sometimes for how much, because people like the assurance.&nbsp; Don&#039;t expect this to help much on modern common coins though.</p><p><br /></p><p>That&#039;s not to say grading has no value; it&#039;s just that it&#039;s a service, not a product, and should be regarded as such.&nbsp; The value in the service does not attach itself to the coin in most cases.</p><p><br /></p><p>If you&#039;re wondering why some coins get graded where it doesn&#039;t seem worth it, there&#039;s really 3 basic reasons:</p><p><br /></p><p>1. Wishful thinking; someone is hoping a coin merits a high grade that can make it sell for more.</p><p>2. Competition for registry sets (PCGS and to a slightly lesser degree NGC); people like competing for having the best possible registry set, and some will send dozens of common coins hoping to get the highest grades possible.&nbsp; Lost track of how many graded Roosevelt dimes I&#039;ve seen graded, that aren&#039;t even worth the grading fee lol... </p><p>3. Some people just get almost all their coins graded out of habit, as a way to preserve them or store them better, or just because they think it&#039;s the thing to do, or any combination of these.</p><p><br /></p><p>Most modern coins there isn&#039;t much of a point, and modern proofs are minted to such high standards that high grades are common anyway (especially modern US proof commems).&nbsp; Some business strike moderns may be hard to find in high grades in the future since few are bothering to save and preserve them; but you won&#039;t see them appreciate beyond the cost to grade such for quite a while (2 or 3 generations at least), so unless you&#039;re into very long term investing probably not worth it.</p><p><br /></p><p>Classic coins, commonly faked coins, coins of high value and/or popularity, these I can see as being worth it.&nbsp; Moderns, not so much (unless they&#039;re of high value, VERY high grade and for moderns usually not worth it if it&#039;s below 69 or 70, or commonly faked, or any combination of these).&nbsp; I got most of my modern commems graded but more for convenience of storage and preservation than anything else.&nbsp; Unless you have a compelling reason to have a given coin graded, save that money for more coins instead.&nbsp; Don&#039;t pay for a service unless you really NEED it lol...[/QUOTE]</p><p><br /></p>

Your name or email address:

Do you already have an account?

• No, create an account now.
• Yes, my password is:
• Forgot your password?

Stay logged in