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<p>[QUOTE="Robidoux Pass, post: 4133361, member: 96691"]I’ve seen advice on this site to value coins submitted to TPGs at their replacement value – which I assume is for the event they are lost and must be reacquired. In this message I’m inquiring about valuing coins for determining the TPG tier. After collecting world coins for decades, I’m trying to downsize. I consider many of these coins will be easier to dispose of with a TPG verification of authenticity and grade. I have, say, a hundred coins to slab for which a majority are near or just above the $300 maximum value divide that NGC and PCGS distinguish between the Economy and Regular/Standard tiers. This is a difference in grading cost of $22 vs. $35 and applied to about a hundred coins, that’s a significant cost differential.</p><p><br /></p><p>I’m selling the coins – and not intending to replace them. Thus, a K&M catalog value of say $400-500 may only be an actual return to me of $300 in a 3rd party auction or direct sale to a dealer. And furthermore, K&M values also have an inherent inaccuracy. (Yes, I could search auction records and eBay for current prices, but I’m doing this to expedite the issue as these are world coins, mostly from Africa, Asia, and Islamic countries and thus they don’t have the sales history of US coins.)</p><p><br /></p><p>So what is a coins “value” for determining the grading tier when submitting it to a TPG? The $400 catalog value is worth only $300 to me if that’s what I’ll receive – or someone else in the same situation. As I pointed out, I have no need for replacement value as I’m disposing of the coins. Value to me is what I will actually receive.</p><p><br /></p><p>I want to be fair in my business dealings with the TPGs but I also don’t want to spend excess money. What is your advice concerning “value” for determining the grading tier?[/QUOTE]</p><p><br /></p>
[QUOTE="Robidoux Pass, post: 4133361, member: 96691"]I’ve seen advice on this site to value coins submitted to TPGs at their replacement value – which I assume is for the event they are lost and must be reacquired. In this message I’m inquiring about valuing coins for determining the TPG tier. After collecting world coins for decades, I’m trying to downsize. I consider many of these coins will be easier to dispose of with a TPG verification of authenticity and grade. I have, say, a hundred coins to slab for which a majority are near or just above the $300 maximum value divide that NGC and PCGS distinguish between the Economy and Regular/Standard tiers. This is a difference in grading cost of $22 vs. $35 and applied to about a hundred coins, that’s a significant cost differential. I’m selling the coins – and not intending to replace them. Thus, a K&M catalog value of say $400-500 may only be an actual return to me of $300 in a 3rd party auction or direct sale to a dealer. And furthermore, K&M values also have an inherent inaccuracy. (Yes, I could search auction records and eBay for current prices, but I’m doing this to expedite the issue as these are world coins, mostly from Africa, Asia, and Islamic countries and thus they don’t have the sales history of US coins.) So what is a coins “value” for determining the grading tier when submitting it to a TPG? The $400 catalog value is worth only $300 to me if that’s what I’ll receive – or someone else in the same situation. As I pointed out, I have no need for replacement value as I’m disposing of the coins. Value to me is what I will actually receive. I want to be fair in my business dealings with the TPGs but I also don’t want to spend excess money. What is your advice concerning “value” for determining the grading tier?[/QUOTE]
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