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What is the value of TPG (Third Party Grader) certification?
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<p>[QUOTE="bruthajoe, post: 7997228, member: 108656"]I would like to contribute as a new "enthusiast", but only as a consumer.</p><p><br /></p><p><b>Question 1</b>: It's my (this is you) opinion based on the transactions I've done that on average certification increases the retail value of a coin.</p><p><br /></p><ol> <li><br /> </li> <li><br /> </li> <li><br /> </li> <li><br /> </li> <li><br /> </li> <li><br /> </li> <li>none of the above. it's about cash flow and certified coins are easier to sell</li> </ol><p><br /></p><p><b>Question 2</b>: TPG certification includes authentication, grading, valuation, registration (in their database), and encapsulation. Which of these is the most valuable to you or are they all required to achieve the answer you gave to question 1?</p><ol> <li>Authentication / <i>with grading</i>.</li> <li><br /> </li> <li><br /> </li> <li><br /> </li> <li>Other? (please explain)... It's by default to have your coin encapsulated after making an acceptable grade and I think Trueview is a requirement if you ever want to admire or share your piece. The worst things about slabs are that it screens the coin.</li> </ol><p><br /></p><p><b>Question 3</b>: What does the suspected retail value of a coin need to be to submit for certification?</p><ol> <li><br /> </li> <li>$100-$249</li> <li><br /> </li> <li><br /> </li> <li>it depends (please explain)... Education or personal experience.</li> </ol><p><br /></p><p><br /></p><p><b>Question 4</b>: Do you buy TPG certified coins that you think are under graded, break them out and resubmit them in the hope of achieving a higher grade? If so, how big does the value difference need to be between the current grade and your proposed grade? For example, 1809 Capped Bust 50 cent piece currently graded 62 (PCGS value = $5000 <a href="https://www.pcgs.com/coinfacts/coin/1809-50c/6092" target="_blank" class="externalLink ProxyLink" data-proxy-href="https://www.pcgs.com/coinfacts/coin/1809-50c/6092" rel="nofollow">https://www.pcgs.com/coinfacts/coin/1809-50c/6092</a>) but you think you can break it out and get a TPG to grade it as a 63 (PCGS value = $10000)</p><ol> <li>I don't do this, yet.<br /> </li> <li><br /> </li> <li><br /> </li> <li><br /> </li> <li></li> </ol><p><br /></p><p><b>Question 5</b>: What coin type (US gold, Colonials, Foreign, Bullion, US-non gold etc..) benefits the most in terms of value from certification? What coin types benefit the least?</p><p>Answer: I do not have the experience to answer confidently but I would sensibly think that the most counterfeited and least populated coins would benefit "<i>the most"</i>.</p><p><br /></p><p><br /></p><p><b>Question 6</b>: What other reasons will you pay a TPG for certification (other than price appreciation and authentication)? Example: The auction service I use only takes certified coins.</p><p>Answer: Because the members here at Cointalk would recommend it.</p><p><br /></p><p><br /></p><p><b>Question 7</b>: Not you of course but what is your opinion of what others are doing (in general) if a coin comes back as ‘Details’. Do they break the coin out and sell it raw?</p><ol> <li><br /> </li> <li><br /> </li> <li><br /> </li> <li>Not willing to answer the question – but I’m sure it happens…</li> </ol><p><br /></p><p><b>Question 8</b>: On the TPG submittal form where it asks what you believe the value of the coin to be… do you:</p><ol> <li><br /> </li> <li><br /> </li> <li>Put a higher value - but, (refer to choice 4)</li> <li>It doesn't matter</li> </ol><p>please explain... They will not be persuaded by the opinion of the submitter and are probably compiling feedback data or for insurance purposes.</p><p><br /></p><p><b>Question 9</b>: What TPG certification (in your opinion based on your business) offers you the most upside value?</p><ol> <li>PCGS</li> <li><br /> </li> <li></li> </ol><p>This was fun.[/QUOTE]</p><p><br /></p>
[QUOTE="bruthajoe, post: 7997228, member: 108656"]I would like to contribute as a new "enthusiast", but only as a consumer. [B]Question 1[/B]: It's my (this is you) opinion based on the transactions I've done that on average certification increases the retail value of a coin. [LIST=1] [*] [*] [*] [*] [*] [*] [*]none of the above. it's about cash flow and certified coins are easier to sell [/LIST] [B]Question 2[/B]: TPG certification includes authentication, grading, valuation, registration (in their database), and encapsulation. Which of these is the most valuable to you or are they all required to achieve the answer you gave to question 1? [LIST=1] [*]Authentication / [I]with grading[/I]. [*] [*] [*] [*]Other? (please explain)... It's by default to have your coin encapsulated after making an acceptable grade and I think Trueview is a requirement if you ever want to admire or share your piece. The worst things about slabs are that it screens the coin. [/LIST] [B]Question 3[/B]: What does the suspected retail value of a coin need to be to submit for certification? [LIST=1] [*] [*]$100-$249 [*] [*] [*]it depends (please explain)... Education or personal experience. [/LIST] [B]Question 4[/B]: Do you buy TPG certified coins that you think are under graded, break them out and resubmit them in the hope of achieving a higher grade? If so, how big does the value difference need to be between the current grade and your proposed grade? For example, 1809 Capped Bust 50 cent piece currently graded 62 (PCGS value = $5000 [URL]https://www.pcgs.com/coinfacts/coin/1809-50c/6092[/URL]) but you think you can break it out and get a TPG to grade it as a 63 (PCGS value = $10000) [LIST=1] [*]I don't do this, yet. [*] [*] [*] [*] [/LIST] [B]Question 5[/B]: What coin type (US gold, Colonials, Foreign, Bullion, US-non gold etc..) benefits the most in terms of value from certification? What coin types benefit the least? Answer: I do not have the experience to answer confidently but I would sensibly think that the most counterfeited and least populated coins would benefit "[I]the most"[/I]. [B]Question 6[/B]: What other reasons will you pay a TPG for certification (other than price appreciation and authentication)? Example: The auction service I use only takes certified coins. Answer: Because the members here at Cointalk would recommend it. [B]Question 7[/B]: Not you of course but what is your opinion of what others are doing (in general) if a coin comes back as ‘Details’. Do they break the coin out and sell it raw? [LIST=1] [*] [*] [*] [*]Not willing to answer the question – but I’m sure it happens… [/LIST] [B]Question 8[/B]: On the TPG submittal form where it asks what you believe the value of the coin to be… do you: [LIST=1] [*] [*] [*]Put a higher value - but, (refer to choice 4) [*]It doesn't matter [/LIST] please explain... They will not be persuaded by the opinion of the submitter and are probably compiling feedback data or for insurance purposes. [B]Question 9[/B]: What TPG certification (in your opinion based on your business) offers you the most upside value? [LIST=1] [*]PCGS [*] [*] [/LIST] This was fun.[/QUOTE]
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What is the value of TPG (Third Party Grader) certification?
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