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<p>[QUOTE=&quot;John Burgess, post: 3644905, member: 105098&quot;]Grading has its place but there&#039;s a misconception that it&#039;s necessary.</p><p><br /></p><p>Many many coins sell decently raw without grading. In the end grading is a 3rd party opinion on what the grade is, done by supposedly qualified graders (gonna have to take their word on that though they could be hiring anyone to do it though for all we really know and the rest is for show) anyways, if it&#039;s a rare coin or a conditional rarity, and there&#039;s a big gap in prices between grades it might be best to get the coin graded because if the difference between AU55 and AU58 were $500. The buyer is always going to call it a AU55 and the seller is always going to call it AU58. It takes the subjectivity out of it for the most part. This is the situation where grading really has its value. Another situation is like with rare coins that are counterfeited frequently. Getting them graded pretty much tells a buyer it&#039;s legit, and also give the owner peace of mind knowing that a 3rd party believes it to be legitimate also.</p><p><br /></p><p>The vast majority of coins don&#039;t have this big of a value gap between grades or need to he verified as authentic. Along the way though the idea that everything should he graded hit the collecting community. It&#039;s good for the grading companies for sure, it&#039;s how they stay in business but it makes for less knowledgeable collectors that can&#039;t grade, don&#039;t want to learn and just want a slab... I guess lazy collectors.</p><p><br /></p><p>I mean the grading companies at this point will even grade a struck screw if you pay them. MS64 in fact! Lol.</p><p><br /></p><p>[ATTACH=full]978626[/ATTACH]</p><p>How the heck that is a MS64 is beyond my understanding hahahaa!</p><p><br /></p><p>I&#039;d say if you do send a coin for grading, be certain it would at least sell for $150 and that you don&#039;t have $150 into it already. Figure it will cost you at least $30 for grading and $30 for shipping both ways, do the math before sending it. You&#039;d want to be able to recover that cost, and what you have into the coin, then the rest is profit after that.</p><p>Other than that it&#039;s a losing proposition but people still do it all the time because they think wrongly that it&#039;s necessary to be done.</p><p><br /></p><p>I&#039;d say don&#039;t send anything for grading unless it will certainly make you more money, and if you are buying possibly buy graded coins if the price is right or you want that peace of mind a 3rd party opinion might provide you.. in other words, let someone else pay the costs speculating on grade and buy the coin, not the holder.[/QUOTE]</p><p><br /></p>

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