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<p>[QUOTE="C G Memminger, post: 2008161, member: 71506"]Here's my $.02. This applies to currency grading as well. Economics. Will grading net me more money upon sale? Is the item one that needs authentication?</p><p><br /></p><p>examples where benefit of authentication really helps: Trade Dollars; Republic of Texas paper money; 1893-S Morgans; rarer Confederate paper money; anything unique or super-rare. another authentication situation is variety attribution for coins which fall into a popular/rare variety (i.e, a variety for which coin collectors pay a premium...1880-CC Morgans with the R78, the 80/79 overstrikes, the 8/7 overstrikes). </p><p><br /></p><p>Economics: GSA Morgans provide really good examples. For the common years (1882-3-4), there is no reason to grade a coin unless it is a "for sure" 64. if you have a 82-3-4 which might be PL---take it to a coin dealer or two and ask if it is PL. I'm batting about .500 on coins I sent in where I was "sure" I had a PL. And I've sent in 4 coins which I thought had a really good chance of DPL, and only one was. The others came back PL.</p><p><br /></p><p>For the better date GSAs (1878, 80, 81, 85)...the decision point is either 63/64 or 64/65. </p><p><br /></p><p>So, if a coin is on the threshold of 64-65, where the 64 is a small economic gain and the 65 is a big win....send it in. </p><p><br /></p><p>I have a pair of gorgeous 1909 VDB cents, each 63-64 and redder than a bull's a**. it makes absolutely no sense to have these graded.</p><p><br /></p><p>Just to complicate, another decision is obtaining a CAC certification. I had a beautiful 1891-CC Morgan which came back from PCGS at 64+. DANG!!! check the huge spike in value between a 64 and 65 for that coin. I sent it to CAC, hoping for a gold seal (meaning an undergrade). Nope, got the greenie. Oh well[/QUOTE]</p><p><br /></p>
[QUOTE="C G Memminger, post: 2008161, member: 71506"]Here's my $.02. This applies to currency grading as well. Economics. Will grading net me more money upon sale? Is the item one that needs authentication? examples where benefit of authentication really helps: Trade Dollars; Republic of Texas paper money; 1893-S Morgans; rarer Confederate paper money; anything unique or super-rare. another authentication situation is variety attribution for coins which fall into a popular/rare variety (i.e, a variety for which coin collectors pay a premium...1880-CC Morgans with the R78, the 80/79 overstrikes, the 8/7 overstrikes). Economics: GSA Morgans provide really good examples. For the common years (1882-3-4), there is no reason to grade a coin unless it is a "for sure" 64. if you have a 82-3-4 which might be PL---take it to a coin dealer or two and ask if it is PL. I'm batting about .500 on coins I sent in where I was "sure" I had a PL. And I've sent in 4 coins which I thought had a really good chance of DPL, and only one was. The others came back PL. For the better date GSAs (1878, 80, 81, 85)...the decision point is either 63/64 or 64/65. So, if a coin is on the threshold of 64-65, where the 64 is a small economic gain and the 65 is a big win....send it in. I have a pair of gorgeous 1909 VDB cents, each 63-64 and redder than a bull's a**. it makes absolutely no sense to have these graded. Just to complicate, another decision is obtaining a CAC certification. I had a beautiful 1891-CC Morgan which came back from PCGS at 64+. DANG!!! check the huge spike in value between a 64 and 65 for that coin. I sent it to CAC, hoping for a gold seal (meaning an undergrade). Nope, got the greenie. Oh well[/QUOTE]
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