I'm not sure where to send these coins off to. Most of these are going to be flipped so that I can purchase other coins for upgrade purposes or whatnot. I already have NGC membership, but not PCGS membership - if PCGS is worth it, I've calculated that basic membership and economy tier is the most cost-effective option. All coins are problem-free and in mint state. For the coins below, do you think I should do a straight submission to PCGS for all of them, or send them off to NGC then do a crossover only for the ones that come back with "nice" grades? Or how should I submit them? Thanks in advance! + 5x 1909 VDB 1C + 1963 SMS 1C - Possible Cameo + 1913 Type 2 Buffalo 5C + 1916 Buffalo 5C; Proof Die Reverse (will try to get it stated on label; not listed as a variety) + 1937 Buffalo 5C + 1893 Columbian 50C; Proof Die Obverse (will try to get it stated on label; not listed as a variety) - PL/Proof; PL/Proof not recognized by PCGS for this? + 1893 Isabella 25C PL/DMPL/Proof; PL/Proof not recognized by PCGS for this? + 1964 Quarter 25C Proof - Possible PR-70 + 3x 1920 Pilgrim 50C + 1922 Peace Dollar - Possible PL (only NGC does PL; PCGS "likely" will not as an in-house rule) + 1863 "Our Little Monitor" Civil War Token - Doubled Date variety
My understanding is that NGC & PCGS will only note the varieties that they list. I do believe that Anacs will note on the slab as long as you have proof of the variety . They charge $7 ea as long as you give them the variety and a reference and $12 to do the leg work themselves . You can go to each grader and see exactly what they will recognize as a variety ,both ngc and pcgs list them.
PCGS and NGC don't have the proof die reverse as a variety on the Buffalo nickels, nor do they have the proof die 1892 obverse on 1893 for the Columbian halves. But, those die markers are known by them to be what's on proof coins. So, here's what I'm thinking... if they indeed confirm those die markers are what they are, I'm going to try to get it on the label like how people get "GSA", "Binion Collection", etc. on the labels lol . This would sort of be like a workaround or "loophole". Or best case scenario, I'd get them to recognize it as a "new" variety. But, I'd settle for a compromise: "Proof Die Obverse Collection"
Give it a shot.....nothing beats a try but a failure...... but I make some inquiries first before I sent anything in to either party.
I think NGC and PCGS both no longer recognize proof Columbian halves or quarters. However, if proof strike coins have a provision in US coinage law, and by the Director of the Mint's own words, all provisions of the law up to 1893 were applied to the Columbian halves and quarters, then proof strikes were made. But, I'm not sure if proof or specimen strikes have a provision in coinage law or even need one. If the provisions there, then I can show this to the TPG and get them to agree.
Also, this - in 1893 at the US Mint in Philadelphia, 21 proof dies were manufactured, and 2 hubs each of the Columbian coins. I don't know what the number of proof dies are for each coin, but I'd think 1 or 2 at most, right?? (1892 had 24 total proof dies) There were only 9 regular issue coins, from 1 cent to $20 gold, right? That's 18 proof dies for 9 coins. There's 3 extra to spare, 2 of which can be for the Columbians, right? If someone knows if only 2 proof dies were issued for each denomination, then by process of deduction and barring any extraordinary situations, the Columbian coins may have had proof dies. It's not sufficient evidence, but it's consistent. Maybe I can submit this along with the Columbian half and quarter.
For the most part true but PCGS does a lot more varieties. As of a few months ago unless they expanded NGC won't even do Seated dime varieties.
The Civil War token will resell better in NGC plastic, but PCGS has been more liberal with grading on mine.
For some of the coins you have listed unless you're talking top pop coins you'd probably be wasting your money adding sunk costs slabbing them to try and flip.
I often buy a bunch of coins to find out which one I like in-person. If slabs help them to sell quicker, then I want to go that route. I'm hoping to at least break even with the submission costs.
Yea but I would hold the Token for now. At either PCGS or NGC that will have to be it's own submission and unless that is very valuable (I don't follow token values as much as I should) a one coin submission is brutal cost wise.
You can make money on most of these things (probably) without having them slabbed. You said yourself you wanted to break even. So put them up for buy it now to cover shipping and fees and just be patient. In the time it takes to send everything to PCGS and get it all back, someone will likely have bought at least several of them.
I want to at least break even with the submission costs (slabbed markup ≥ submission cost). I'd still net something since I bought these for relatively cheap.
I'm willing to take an educated chance. It'll give me an opportunity to get one or both of the TPGs to grade my grade on the "small" coins, since I've been mostly focused on larger silvers.
That can be worth the fee in itself. It's a rough transition from the larger silvers to the Lincolns.