My March of Dimes sets arrived! Aren't they beautiful?

Discussion in 'US Coins Forum' started by C-B-D, May 6, 2015.

  1. C-B-D

    C-B-D Well-Known Member

    Off to NGC next. Can't even open the box or I'm disqualified from "first day issue" nonsense!
    2015-05-06 09.26.51.jpg
     
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  3. Treashunt

    Treashunt The Other Frank

    beautiful box and sticker!

    can you CAC the box?
     
  4. C-B-D

    C-B-D Well-Known Member

    The edges of the box are damaged, so I doubt it'll CAC. :(
     
  5. Treashunt

    Treashunt The Other Frank

    sorry, well, now for a details box slab
     
    gronnh20 and C-B-D like this.
  6. BigTee44

    BigTee44 Well-Known Member

    What's NGC charging to grade this set? I might want to send mine off.
     
  7. C-B-D

    C-B-D Well-Known Member

    Too much. $15 per coin, plus $5 per coin special label, plus $8 processing, plus $3 to return mint packaging, plus $34 return shipping.
     
  8. Treashunt

    Treashunt The Other Frank

    so, that comes to about $3,000 per set?

    [sigh: J/K of course].

    or it just seems that high.

    Pretty expensive.
     
  9. Wow! Is the $8 processing and $3 return mint packaging per coin as well?
     
  10. BigTee44

    BigTee44 Well-Known Member

    is there a time frame for this? I might want to hold off until I have a full order to combine shipping costs.
     
  11. C-B-D

    C-B-D Well-Known Member

    You'll have to check the cut off dates on their website. I can't remember, but anyway mine are shipping to them today.
     
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  12. C-B-D

    C-B-D Well-Known Member

    No that's for the entire order.
     
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  13. Okay, let's do the math...

    5 sets plus shipping from USMint: $314.70

    NGC grading fees, etc for 5 sets: $345.00

    Total: $659.70

    Wow, grading costs more than the coins. However, IF you get 70s you can probably make a decent profit.
     
  14. C-B-D

    C-B-D Well-Known Member

    Yeah its a total shot in the dark. I have no idea if I'll make anything at all, a little bit, or a lot. But I'm willing to spend the money and find out. Only doing this once, though. I'm not buying and flipping more than the 5 sets I bought.
     
  15. Treashunt

    Treashunt The Other Frank

    Do it quickly, before the market crashes!

    [Think: JFK gold coins.]
     
    Coinchemistry 2012 likes this.
  16. McBlzr

    McBlzr Sr Professional Collector

    Early Releases or First Releases Label request must be received by NGC within 30 days of First Day of Mint Issue date
     
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  17. C-B-D

    C-B-D Well-Known Member

    I will post the grade results here in this thread. Modern says 12 days on the NGC website, but usually they're a little faster and I bet they are all ready and set up to have a HUGE influx of these.
     
  18. Paddy54

    Paddy54 Well-Known Member

    Good luck :)
     
    C-B-D likes this.
  19. C-B-D

    C-B-D Well-Known Member

    Paddy, you can help me scan them for new varieties when I finally get to see them in a couple weeks.
    :)
     
    Paddy54 likes this.
  20. messydesk

    messydesk Well-Known Member

    Nice margins on the main label, but the black crayon graffiti and the scuff on the bottom will kill the grade.
     
  21. anchor1112

    anchor1112 Senior Member

    If the grade came out less than perfect. Your coin will worth less than raw coins. And if perfect. And you want to sell it to the dealers. Probably you make 10% profit. Everything on this coin business is for dealers and pro graders to make money. Other than that. All of us will be the losers. The only gain we have is the beauty of this hobby that we enjoyed.
     
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