Reply to Thread

Message:: [QUOTE="Vess1, post: 739176, member: 13650"]One more thing you may want to know about grading.....  Overall, it is the right thing to do.  But be prepared.   There can be positive and negative results involved.  You'll have to take the good with the bad.    If they determine a coin is fake, they will return it unslabbed and you're out the grading fee for it.   If the coin is scratched, damaged, harshly cleaned or polished, they will authenticate it, put it in a slab and give it a label that just says 'Genuine'.   That's not bad.  It will prove that it's real but the numismatic premium will likely be far less than one that receives an actual grade.   (With the gold coins, you at least can't get less than their gold value for sure.)    There's a good chance some of them might not receive a grade and will just get the Genuine label.  It's almost impossible to tell what will pass or not pass.   Sometimes they will grade something after submitting it a few times.  But they are very strict.     Most old coins were cleaned at one time because years ago, it was actually encouraged to make them look shinier and more desirable.   Some coins were cleaned over 100 years ago.  But they are still likely to only get the Genuine label today.        Now, for grades, here's NGC's current price spread for a 1909-S VDB BN (Brown) like you have from Good to AU-55.   Yours falls somewhere in here. G-730.00   VG-930.00   F-1,140.00   VF-1,260.00   EF40- 1,440.00  AU50-1,470  AU53- 1,500   AU55- 1,580   As you can see, the grade makes a big difference in price.  The actual coin quality difference can be VERY minor.  Some of your other coins may have much MUCH higher jumps between grades.  In comparison, the grading fee will be nothing for what you can gain.[/QUOTE]

Create my FREE Account!

Log in or Sign up

Reply to Thread

Useful Searches