IYHO... Best grading and slabbing service

@Jaelus and the key of which you write is what I'd like to decipher.

@GDJMSP my statement was based on the description on their pricesheets with the only free of charge line item on it. It was a gross assumption on my part but I will go into their warranty sections and see what they actually cover. Thank you for catching that. But I'm really seeing the importance in being accurate with grading yourself. I guess they "juice" the grades to help support the business end of the hobby. That's unfortunate.

That's what I thought I read. On PCGS and NCG anyways. The others I just scanned for the services I'd be using to compare pricing.

 

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@moneycostingmemoney

Unfortunately, you have neglected to mention probably the most important information necessary to properly respond to your question: Are any coins in your collection even worth sending off for a TPGS opinion?! If not, self slabbing is the way to go. I look forward to your answer.

 

@Insider Unfortunately I'm failing to see the importance in your question but I'll bite. I think I've mentioned a few times how new I am to collecting coins as a hobby. But to be direct only a few coins. Just a few small, insignificant coins that I like and think are worth it. I gave your question a response longer than I felt it obliged. Because you're worth it.

 

"I gave your question a response longer than I felt it obliged. Because you're worth it."

Thanks, so are you and good luck!

Since you choose not to tell us what kind of coins you have...ie, a bunch of circulated Lincoln cents, some very worn "junk" silver dimes and quarters, a group of buffed up silver dollars, perhaps you should send one to PCGS and one to NGC. Other than that, I cannot help you.

 

Personally, I send nothing in to the TPG's. If I want it slabbed, I buy it slabbed. I've lots of raw stuff that I love, as well as lots of entombed stuff that I also love. My main collecting focus is US Commemoratives, both modern and classical. The modern stuff, I mostly purchase from the mint, but much of my classical stuff is in slabs (mostly PCGS). In regard to the stickers on coins.........I love them when I'm selling, but hate them when I'm buying.

 

Who do I use NGC and PCGS. Timing has not been right for using ANAC's but I would. Who do not use - anyone besides NGC, PCGS and ANACS. Who do I trust - for grading none of the them 100% - depending on what I am looking at. For Large Cents my personal opinion is PCGS, NGC and the ANACS. It kind of depends on which coin type I thing Jeff nickels NGC is the best. Who do I not trust - anyone besides those three. I will look at ICG and some others, but most times I will pass. Always about the coin itself.

 

I would not slab silver maples leafs coins because they are only bullion and you will not get the premium you spent on having them graded in a slab back when you go to resell them. sure there are some people on ebay that will buy them. you can do it if you really really like them and that is what you collect, but cost wise probably not to smart to slab them. just my opinion. unless it is a proof version bullion coin/bar ... I would not TPG slab it.

 

@Insider not right now honey, the big people are talking.

 

@green18 Good preference call. I've yet to purchase from the mint but I was browsing their store and am going to take little man up to philly for a tour. Do they send the coins in any protective casing (aside from proof sets and the like)? And on the buying end i hear you. Unfortunately it can cause an issue if they were graded higher like @GDJMSP was mentioning and it gives the seller the advantage in the haggle.

 

Thank you @mark_h I'm getting into Jeffs since I came across a 41 and 42 P near vf20/30 in the pocket change jar. They sparked an Amazon order for the series of whitmans so I'll be hunting to fill the holes and, hopefully, start a slab box for one of americas true revolutionaries. To NCG they will go.

 

@spirityoda well I'm only looking at slabbing a 2016 of a silver eagle, silver maple and a Aussie kangaroo because they came to me in high MS range. I picked them up at spot and plan on leaving them in the collection. Thinking about your comment it would probably be a waste to have them graded so I'll just slab em. Thank you for saving me a few bucks!

 

And this, sir, is why you'd be wise to slow it down. This gentleman's question was asked for a very good reason. The coins in one's collection can be an excellent indicator of their knowledge and understanding of this hobby, and is probably why he took this approach. He is someone you could have greatly benefited from listening to, was simply trying to help, and is certainly not someone you should needlessly be talking down to (post #48). Just so you know, there's a lot of crap and misinformation on this forum, so be careful taking everything you read here at face value.

You're already talking about buying raw to submit for resale, when barely a month into your new hobby, and have no real experience grading? You say this as if it's a forgone conclusion that everything will grade and that all will work out well, so I can only assume you don't realize how many before you thought the same, then learned the hard way just how terribly wrong they were. Buy coin, submit coin, rake in cash may sound great as a newbie, but in practice it is very, very rarely so easy without the prerequisite knowledge, and even then it's not always a cake walk. Do you understand that not all coins will even grade out, and that pegging down an achievable retail value isn't as simple as looking at some guide? Honest question and is really something you really need to know.

Please, go back to what @cpm9ball said in post #3. His greater point was that you need to learn first. It doesn't really matter what TPG may best fit your stated desires if you're unable to first and properly (to individual TPG standards) grade for yourself. The TPGs can be used as a crutch when buying already slabbed (although it's nowhere near the perfect solution someone earlier suggested) but when the plan is to submit to them yourself, not knowing how to grade (or at least having someone who does screen for you) is, to be honest and with all due respect, downright foolish.

This is an excellent example of what I addressed above. While perfectly fine coins for the albums you purchased, they're simply not smart candidates for submission. Even if you meant acquiring other significantly nicer coins to submit, you still must understand that if they're not exceptionally nice and will not grade out at a high level, you'll lose money.

A coin, and this goes for ANY coin, is what it is regardless of its holder. Slabs offer many benefits, yes, but they don't change what a coin is. Slabbing is worthwhile when doing so adds to a coin (liquidity, independently verified authenticity, etc) of at least equal value to the cost of submission, but when it does not or cannot, it's really a waste of time and money simply because by doing so you're permanently burying yourself. If you wish to collect plastic, that's fine, but if you wish to collect coins, collect coins and pay for plastic when, and only when, it benefits both you and the individual coin. Best of luck...

 

Why just get them already slabbed.

 

@BooksB4Coins you brought a lot of light to some things I wasn't really thinking about. @Insider s post read like some stuff I don't have patience for so I reacted without tact. @Insider i apologize if I mistook the intent of your question. I will not make excuses but try to make it right. It was childish and you could have just been showing me a different angle that I need to keep in mind. I will delete those posts and this section of this one if you wish.
@BooksB4Coins there may be some truth in your assessment. First, this is the Internet and I shouldn't trust everything I read. I started this thread to fish for a lot of opinions and feedback and then find the common themes and investigate them a little more. Second, I'm not going into this hobby assuming I can make a truckload of cash because this collecting of coins is a new thing I discovered. I acknowledge the fact that there are many, many, many people better suited to turn it into a business venture and do well with it. I don't expect to gain the knowledge required to be proficient in this hobby from books or magazines alone, nor do I expect it overnight. I haven't entered this hobby intending to churn and burn raw coins to cash so please hear me out. Numerous posts on here have made me realize the importance of being able to grade coins yourself. My work is built on trusting standards and gauges so much that I forgot that they aren't infallible and I thank you, and the many other posters, for that reminder. I know that I am the greenest of newbies in here and am not about to make assumptions that are going to cost me a lot of money, time or face. I'm a single dad that understands the neccesity and importance of a greenback. Now to slow things down and address your quote about the jeffersons statement...let me clarify from everything you replaced with dots through "to NGC they will go."

...When I find other Jeffersons that warrant the cost of grading and slabbing my provider of choice will probably be NCG.... Although, without your editing, my statement wasn't a good example of the message you were trying to convey I get the overall point you were trying to make. Learn from sources with integrity and don't try to rush it.

 

I'll probably do some of that but I find joy in the hunt. Going through rolls and bags to find gems is like a treasure hunt for my son and I to do on a rainy day. For every slabbed coin there was someone that found it, realized what it could be, did their due diligence and planted their flag. Who can't find some enjoyment in that?

 

If you want to send in bullion proof coins for grading, have at it. But slabbing run of the mill silver eagles is brain dead.
Silver would have to hit $50 for you just to break even, with the grading fee.

 

@Santinidollar

So by slabbing I meant sealing one each in a protective case only, not sending them to be graded. I picked them up around $17 ea and plan to let them sit in a box for years. If silver skyrockets (hopefully to your benchmark) I have other stuff to dump.

 

what I meant was having them graded by PCGS or NGC or ANACS being put in a slab. the reason I say this is because some coins are worth only so much money. If the slabbing (TPG) third party grading cost more than the coins worth then it is not worth getting "slabbed/graded". you will not recover the slabbing cost on most coins unless it is something amazing and rare. slabbed coins are much easier to sell. if your coin is only worth $17 and the grading costs $30-45 it makes no sense getting it graded. hope this makes sense to you. I myself have never had a coin sent off to be graded by the TPG's. I might do it in the near future. To me the coin has to worth at least $100-1,000+ to even think about sending it off to be graded by the TPG's.

 

Its really just all a math problem. Paid x for the coin costs y to slab, does y increase sale price higher than y costs

 

@spirityoda and @baseball21 i now see we just had a miscommunication because of my misuse of the term "slabbing." Earlier replies in the thread led me to believe it only meant the placing/sealing of a coin in a protective enclosure. Now I see that it is the sealing AND grading of a coin. Thanks for clarifying guys. So yeah, I'd just snap them in a protector and call it a day lol. As far as the math goes it makes sense. But I'm in the same wheelhouse with you two in my personal logic. Even if the process will set me back $25-125 depending on type, base metal, rough value and origin if I really like the coin and plan on keeping it and my end value(x)>1.5(y)xslabcost+investment I made out. If it is strictly for profit purposes greed would probably adjust (y) to somewhere around 3+ for modern lincolns and jeffersons, different formula for other coins obviously. So essentially if I find a really sweet Lincoln that's worth $40 and I'm just going to keep it...I'd send it out because I'm only adding about fifteen minutes to the time I've invested plus the $.01 that it cost me. If I don't really care for it but it should be worth $80+ I'll send it out