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<p>[QUOTE="Vess1, post: 8077599, member: 13650"]Good choice but don't assume "expensive coin" means acceptable grade "free pass." </p><p><br /></p><p> Some will argue this but in my own experiences collecting as an adult over the past 14 years, trying to save $$ by buying a coin ungraded and getting it graded yourself is a losing game. Too many raw problem coins. </p><p><br /></p><p> As I said, most things that were truly worth getting graded have been graded out there and a very large portion of what is not in a TPG slab are problem coins. I have not kept track but I have submitted more than average for my type set and played this game. You rarely win. In addition to being costly at times its a little nerve racking just hoping a coin you really like will simply straight grade. Never mind be the higher grade you want. </p><p><br /></p><p> I've paid $225 for a nice "mint state" blast white 1917 standing liberty quarter with perfect details that looked like full luster to me. Submitted, paid the grading fees and shipping and got it back in an AU details slab. Then sold it for $125 to a dealer who planned to crack it and sell it as a raw coin again, probably for what I originally paid. The difference between that likely dipped quarter and a MS64 FH is very minimal. </p><p> </p><p> This scenario can play out over and over. Some stuff will trick you. I wouldn't have sent that quarter in if I thought it was cleaned. The smaller the coin is the tougher it is to tell for me. I've had a few winners over the years. If you need to do it, be prepared for a decent amount of failures. It's disappointing because usually a details grade actually cuts the value of the coin down more than if it were raw. You paid to devalue your coin essentially.</p><p><br /></p><p> Edited to add: The failures can be a valuable learning tool for yourself. Even though it can be disappointing I've found some of my cleaned ones that came back to be interesting to study and try to pick up on what I missed.[/QUOTE]</p><p><br /></p>
[QUOTE="Vess1, post: 8077599, member: 13650"]Good choice but don't assume "expensive coin" means acceptable grade "free pass." Some will argue this but in my own experiences collecting as an adult over the past 14 years, trying to save $$ by buying a coin ungraded and getting it graded yourself is a losing game. Too many raw problem coins. As I said, most things that were truly worth getting graded have been graded out there and a very large portion of what is not in a TPG slab are problem coins. I have not kept track but I have submitted more than average for my type set and played this game. You rarely win. In addition to being costly at times its a little nerve racking just hoping a coin you really like will simply straight grade. Never mind be the higher grade you want. I've paid $225 for a nice "mint state" blast white 1917 standing liberty quarter with perfect details that looked like full luster to me. Submitted, paid the grading fees and shipping and got it back in an AU details slab. Then sold it for $125 to a dealer who planned to crack it and sell it as a raw coin again, probably for what I originally paid. The difference between that likely dipped quarter and a MS64 FH is very minimal. This scenario can play out over and over. Some stuff will trick you. I wouldn't have sent that quarter in if I thought it was cleaned. The smaller the coin is the tougher it is to tell for me. I've had a few winners over the years. If you need to do it, be prepared for a decent amount of failures. It's disappointing because usually a details grade actually cuts the value of the coin down more than if it were raw. You paid to devalue your coin essentially. Edited to add: The failures can be a valuable learning tool for yourself. Even though it can be disappointing I've found some of my cleaned ones that came back to be interesting to study and try to pick up on what I missed.[/QUOTE]
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