IYHO... Best grading and slabbing service

Indeed. And so does the intro of Redbook but, well, it ain't here.
I can see it being important for many reasons now; thanks to the input of all the great folks that have been helping me out here.
But I'd like to ask you the same question I asked @GDJMSP ...
Do you know of a/the standard/benchmark system that everyone is going by that makes a low or high grading call accurate? I've been looking on the webs and doing a little reading and can't find a "master grading scale" (for lack of better phrase) that all TPGs, dealers and collectors would be going by in order to make any call. I have a photograde app that I'm using to help me in identifying the differences between grades with all US coins but it was developed by PCGS.

 

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eBay is real world coin values. Heritage may sell more in terms of value but in terms of volume I bet you eBay is the largest coin market there is. Point being they absolutely are relevant to real world pricing and often times nicer things can be found cheaper there than on a show floor.

 

GDJMSP, posted: "God knows, you sure need help with that!"

Good morning! I was tempted to reviving an old and multi-page thread about your "age" where I actually mentioned the Diety.

 

Some folks submit their coins to CAC and get green CAC stickers to denote a solid grade. Of course, you can buy slabbed coins with CAC stickers already on them. IMHO, CAC is like grading the graders, though there may be other elements to CAC grading. I would think it would add some premium, but perhaps not for all CAC coins (e.g. a slabbed coin with a CAC sticker that appears to be unusually good compared to other coins of the same grade may not have a chance of grading higher, because it was evaluated to be correctly graded).

I've never personally submitted any coins to CAC, so now I'm wondering what happens if say, NGC under-grades a coin - does it get denied a CAC sticker because it's not technically the correct, solid grade? If so, the aforementioned e.g. instance would hold more true. Or does it get a CAC sticker because the grade is at least that? That's probably a question for others who are in-the-know on here.

 

The can has been opened!

James Halperin is one of the best, if not the best coin grader there is on this earth. His book is excellent; however...and here comes the BUT: My grading skills (what they amount to as I'm not and will never be on Jim's level) that were developed over a decade before that book was published went completely WACKO for several months after reading a pre-publication galley (no photos) of the book that was sent to my boss.

I own a half dozen copies of the book that I give out to new collectors. For my stated reason above, I HAVE RIPPED OUT CHAPTER EIGHT (pages 47 and 48) in each of them with the grading formulas.

I'll also suggest you purchase "Grading Coins By Photographs" by David Bowers.

 

It'll get a gold CAC sticker, what doesn't happen very often though.

 

Thanks, I get a lot of insight from your posts; but that's what you don't get paid for around here. Ever think of writing a short article for the Numismatist so your wisdom on these simple matters could reach more folks than just us here?

 

At a show you can find them both cheaper and more expensive than on e-bay...it's all the same, it depends on your judgement (not to say that mine hasn't been execrable at many times).

 

Doug, you are using the editor@money.org email address, right? It's funny, but at the bottom of their submissions page, they also mention the editor's address (Barbara Gregory): gregory@money.org

Don't give up on the Numismatist, Doug! It'd be very nice for you to get published there...

Here's the page on Submissions Guidelines:
https://www.money.org/the-numismatist/submission-guidelines

SUBMISSION INFORMATION FOR AUTHORS
MANUSCRIPTS
Manuscripts should be relevant to the study of numismatics, present new information, and/or constitute a contribution to numismatic education. The author is directly responsible for all statements made in the manuscript. The American Numismatic Association purchases first North American serial rights and reserves the right to reproduce the article electronically on CD-ROM and/or the Internet. Manuscripts are accepted with the understanding that they have not been submitted to or published by other publications. Manuscripts should be typed and double-spaced (upper and lower case) on 8 1/2 x 11-inch, white paper. Computer printouts should be letter quality. Submissions on computer disk or via e-mail are preferred. The author's name and full street address must appear on the first page, along with day and evening telephone numbers, and, if available, fax number and E-mail address. Suggested article length is 1,200 to 2,400 words.
Manuscripts, including illustrations (photographs, drawings, graphs, etc.), should be directed to the Editor, The Numismatist, 818 North Cascade Avenue, Colorado Springs, CO 80903-3279, E-mail editor@money.org. The author should retain a copy of the manuscript for reference. The Publications Department reserves the right to edit all material.

 

As always, sir, thank you for the info. I'll start with the free one while I wait for Amazon to dispatch the other 2.

 

So CAC sits at the top of the hierarchy? And would they have to be slabbed by someone else first or will they do the whole process?

 

I would opin that often times the graders grade the consignor of a coin rather than the coin itself. For example the Farouk $20 Saint. If Doug or myself submitted that coin it would get a "details", probably no better than EF.

 

They are a very real two way market place that the majority of collectors, especially younger collectors use. You can't just ignore real world sales that consistently occur because you don't like the venue. We all have our complaints about their policies but they absolutely are a legitimate market place and anyone not using them at this point is only limiting their selection.

eBay sells thousands of coins a day if not 10s of thousands. Heritage gets the super collections like the Pogues which keeps them in the lead for total value, but in terms of volume eBay is the winner.

Many dealers use eBay to source inventory for local sales. They certainly won't be selling those to their customers at cost. Like anything else, some things are cheaper in a local shop some are cheaper on eBay. A lot of any price difference can be accounted for by the fact that free shipping isn't fee.

CAC does not charge collectors for coins that do not sticker. Dealer members are charged for every coin submitted, collectors only pay for coins that get a sticker.