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<p>[QUOTE="mqracing, post: 566610, member: 18190"]I mostly agree with the points that most respondents have said on this thread. If you have SAE bullion in a monster box--- don't get them graded just leave them alone. </p><p><br /></p><p>I question whether it's ever smart to grade (slab) regular issue bullion coins.</p><p>And the real drawback to grading is that a 69 almost makes your coin worth a tiny bit less than if it were not graded at all. </p><p><br /></p><p><br /></p><p>I call the whole practice "fishin' for 70's"--- and it's a lot like a crap shoot or playing the lottery. Pull a 70 on the "right" coin--- and you can get a huge return. But if she comes back a 69 it's a dud. People actually rip coins out of 69 slabs and refit them into airtites. </p><p><br /></p><p>The only coins I would ever consider getting graded would be the W mint marked coins (both silver and gold) and the commemoratives. But again with the caveat that I'm also playing the lottery.</p><p><br /></p><p>There are two or three nice aspects of having a coin graded\slabbed. The NGC holder for example provides excellent protection for the coin and it much more airtight. From this preservation point of view I think grading provides some benefit. Other benefit of grading is the authentification of the coin--- i.e., that it is genuine. And the third benefit of the slabs (compared to OGP) is that the slabs provide for much greater space efficiency in storing your stash as opposed to say keeping commemoratives in the original government packaging. And the NGC (PCGS) boxes are pretty nifty to sort your stash into convienent storage containers.</p><p><br /></p><p>The last good point of grading is that some auction houses will only sell slabbed coins. this might be of benefit if you have a large stash of valuable coins and wish to utilize an outside agent to sell your stash.[/QUOTE]</p><p><br /></p>
[QUOTE="mqracing, post: 566610, member: 18190"]I mostly agree with the points that most respondents have said on this thread. If you have SAE bullion in a monster box--- don't get them graded just leave them alone. I question whether it's ever smart to grade (slab) regular issue bullion coins. And the real drawback to grading is that a 69 almost makes your coin worth a tiny bit less than if it were not graded at all. I call the whole practice "fishin' for 70's"--- and it's a lot like a crap shoot or playing the lottery. Pull a 70 on the "right" coin--- and you can get a huge return. But if she comes back a 69 it's a dud. People actually rip coins out of 69 slabs and refit them into airtites. The only coins I would ever consider getting graded would be the W mint marked coins (both silver and gold) and the commemoratives. But again with the caveat that I'm also playing the lottery. There are two or three nice aspects of having a coin graded\slabbed. The NGC holder for example provides excellent protection for the coin and it much more airtight. From this preservation point of view I think grading provides some benefit. Other benefit of grading is the authentification of the coin--- i.e., that it is genuine. And the third benefit of the slabs (compared to OGP) is that the slabs provide for much greater space efficiency in storing your stash as opposed to say keeping commemoratives in the original government packaging. And the NGC (PCGS) boxes are pretty nifty to sort your stash into convienent storage containers. The last good point of grading is that some auction houses will only sell slabbed coins. this might be of benefit if you have a large stash of valuable coins and wish to utilize an outside agent to sell your stash.[/QUOTE]
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submitting AMERICAN SILVER EAGLES for grading
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