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<p>[QUOTE="Ed Zak, post: 10942, member: 824"]<b>My rule for grading...</b></p><p><br /></p><p>1.) As stated, grade Only key dates...those with low mintage and/or super mint or proof strikes (like some proofed Silver Eagles) or those with a decent retail price. Your coins in question would be a waste of money. My rule of thumb is around $200 or plus for circulated coins as well as specific proofs or MS coins with nice luster and appearance.</p><p><br /></p><p>2.) Use only recognized grading services such as PCGS, NGC, ANACS or ICG (not necessarily in that order which opens up another discussion that will be debated till kingdom come). Keep in mind that for their lowest cost grading services (longest turn around), you will be looking at $15 to $30 for each coin to be graded...if they are graded! For instance, many graders will not touch cleaned coins. Is your coin worth it and would you be able to recover this costs if you had to sell it?</p><p><br /></p><p>3.) Ask yourself, why grade? Is it for investment possibilities? Is it because you like the look and presentation of a "slab"? You will always hear in this forum to buy the coin, never the slab. For protection of the coin, I like the fact that most slabs are sonically sealed. Not perfect, but they sure beat any other means to protect coins. I am partial to ICG's Intercept Shield in their slabs for the ultimate protection against bad atmospheric conditions and environment. But that is just me since I like my MS Lincolns to stay <span style="color: darkorange">RED</span> .</p><p><br /></p><p>4.) Prepare yourself for a grade that you do not expect. You send in coins hoping for that MS68 grade or better and you get them back at MS66. Now you have more money in the slab than what the coin is worth.</p><p><br /></p><p>Personally, I like to buy slabs at a "deal" where somebody else occured the certification costs. For instance, you buy a $20 raw pre-1965 coin for $30 certified by PCGS. Not bad since the certification of this coin was more than $10. Any bidders?[/QUOTE]</p><p><br /></p>
[QUOTE="Ed Zak, post: 10942, member: 824"][b]My rule for grading...[/b] 1.) As stated, grade Only key dates...those with low mintage and/or super mint or proof strikes (like some proofed Silver Eagles) or those with a decent retail price. Your coins in question would be a waste of money. My rule of thumb is around $200 or plus for circulated coins as well as specific proofs or MS coins with nice luster and appearance. 2.) Use only recognized grading services such as PCGS, NGC, ANACS or ICG (not necessarily in that order which opens up another discussion that will be debated till kingdom come). Keep in mind that for their lowest cost grading services (longest turn around), you will be looking at $15 to $30 for each coin to be graded...if they are graded! For instance, many graders will not touch cleaned coins. Is your coin worth it and would you be able to recover this costs if you had to sell it? 3.) Ask yourself, why grade? Is it for investment possibilities? Is it because you like the look and presentation of a "slab"? You will always hear in this forum to buy the coin, never the slab. For protection of the coin, I like the fact that most slabs are sonically sealed. Not perfect, but they sure beat any other means to protect coins. I am partial to ICG's Intercept Shield in their slabs for the ultimate protection against bad atmospheric conditions and environment. But that is just me since I like my MS Lincolns to stay [COLOR=darkorange]RED[/COLOR] . 4.) Prepare yourself for a grade that you do not expect. You send in coins hoping for that MS68 grade or better and you get them back at MS66. Now you have more money in the slab than what the coin is worth. Personally, I like to buy slabs at a "deal" where somebody else occured the certification costs. For instance, you buy a $20 raw pre-1965 coin for $30 certified by PCGS. Not bad since the certification of this coin was more than $10. Any bidders?[/QUOTE]
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