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To grade or not to grade? (2015 P penny)
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<p>[QUOTE="Two Dogs, post: 8206781, member: 85671"]Good reply! For some, sending out a coin to get graded is about establishing a value for the coin once a third party has authenticated and assigned a grade. If you are doing commerce via a website or e-Bay, having a coin in a slab makes it easier to sell and to justify a price. For others, it's about getting it protected in a slab that will fit in with other slabbed coins in their collection. I only send out coins for grading when their value is well over $200. I prefer to buy coins that are already slabbed, letting someone else suffer the expenses of getting that coin graded. Let's say that a graded/slabbed coin will result in a 10 or 15% increase in its perceived value. To justify the expense of grading, it really doesn't make sense to send out a coin that's worth less than $400.</p><p>However I know a collector or two that justify the fees so that all their coins will look uniform when they line them up in their coin case.[/QUOTE]</p><p><br /></p>
[QUOTE="Two Dogs, post: 8206781, member: 85671"]Good reply! For some, sending out a coin to get graded is about establishing a value for the coin once a third party has authenticated and assigned a grade. If you are doing commerce via a website or e-Bay, having a coin in a slab makes it easier to sell and to justify a price. For others, it's about getting it protected in a slab that will fit in with other slabbed coins in their collection. I only send out coins for grading when their value is well over $200. I prefer to buy coins that are already slabbed, letting someone else suffer the expenses of getting that coin graded. Let's say that a graded/slabbed coin will result in a 10 or 15% increase in its perceived value. To justify the expense of grading, it really doesn't make sense to send out a coin that's worth less than $400. However I know a collector or two that justify the fees so that all their coins will look uniform when they line them up in their coin case.[/QUOTE]
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To grade or not to grade? (2015 P penny)
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