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<p>[QUOTE=&quot;John Burgess, post: 8203177, member: 105098&quot;]lesson one, everyone has a cut off for value to where it would make sense to have a coin graded. Some set it at $150 Some at $200, some even above that and won&#039;t submit a coin that won&#039;t run that kind of value after grading.</p><p>Others have money to blow and send everything for grading, even if it loses money.</p><p>The thing to remember about third party grading companies is they sell an objective opinion on the grade and condition of the coin, an opinion of someone that isnt&#039; a buyer or a seller, but that&#039;s all that it is &quot;an opinion&quot;.</p><p>Some people seek this validation for everything, some only use the TPGs for expensive coins, attempting to protect the value, some buy only graded coins, to try to protect themselves for buying damaged or counterfeit coins.</p><p><br /></p><p>Would I get that graded? No, I&#039;ve seen better, and for moderns to have any sort of resale value, they need to be top population grade of the grading companies. that might be MS67, MS68, or MS69, but it has to come out in the top group of coins for it to have been worth the cost of sending it for grading in most cases.</p><p><br /></p><p>Now,there is another category for getting something graded, a coin might have sentimental value, and you might want to protect it even if it isn&#039;t high value, I have no problem with someone getting coins graded for this reason and taking a loss on it if that&#039;s what they want to do.</p><p><br /></p><p>Are third party grading companies services necessary? No. it&#039;s just an outsiders opinion of your coin. But when time does come to sell your coins, I&#039;d think the ones with value, should be graded so there is less chance of people trying to tell you they are cleaned, or a grade or two lower in their opinion, than what you think the grade is. THIS is where the value of the TPG really comes in, of course even graded, a buyer might tell you it&#039;s overgraded, or cleaned and they missed it, there&#039;s plenty of shady people in the world, and instead of second guessing yourself, the TPG slab might help you to walk away from those shady people.</p><p><br /></p><p>I have some 2019 W quarters I wanted to send for grading. I haven&#039;t done it.</p><p>They cost me a quarter, they will cost me probably $60 each to get graded all said and done, probably $40 if sent in multiples at once.</p><p>From what I see on ebay, MS64 would be my break even on grading costs maybe even a loss point and I could make money on MS65 or better by getting them graded.</p><p>I could sell them as is for $30-$40 each on ebay and skip grading fees, so Ideally, I&#039;d really want to get to MS66 or better which will clear the value of the coin itself and the grading costs, MS65 would likely be current $40 ungraded price and then the fees and maybe a $10-$20 profit more by having it graded above the $40 ungraded sale price.&nbsp; the decent profit and no brainer on it comes into play at MS66, MS67, MS68.</p><p>So why don&#039;t I do it? I simply don&#039;t want to spend the money on getting them graded, and I don&#039;t have intentions on selling anytime soon. if I were in a pinch I could sell them ungraded for $30-$40 and let the grading become someone elses thing to deal with, win or lose gamble for them, honestly that&#039;s good enough for me.</p><p><br /></p><p>I dunno, it&#039;s all a give and take and should or shouldn&#039;t decision people should make on a case by case basis. It&#039;s coin specific on if it&#039;s a good or bad idea. the idea is to not give the profit of your collection to the grading companies.</p><p><br /></p><p>Plenty of folks grade coins that shouldn&#039;t get graded, and then dump them on the market and can be picked up cheap, many cases $5 or $10 each. no reall need to spend the $22-$27 and shipping to get yours graded when there&#039;s so many moderns out there already graded and sold for less than the grading fees would cost you. the home shopping channels sell MS65 graded mint sets all the time, for much more than they would ever be worth, and those buyers end up dumping them somewhere at some point for next to nothing compared to the fees for the grading.[/QUOTE]</p><p><br /></p>

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