What is up with these Kennedy???

Discussion in 'Coin Chat' started by acan451, Feb 6, 2012.

  1. acan451

    acan451 Sample Slab Collector

    Greetings every one
    I have a dilemma and am not sure what to do. So I though I would ask for for your help
    I have these Kennedy's I want to sell, when I show the head shots they look great and they are.
    Problem is when I show the full picture with the grading company, are people going to say,
    Nice coins but I would not buy them because they are not PCGS or NGC.
    They are graded as 70's and when I look at them in hand I can see why,
    Now I am not a grader and you will have to decide what you think they would grad.
    So my question is would you buy these coins knowing the grader, and offer a fair price
    (As I am selling them for best offer) or would you pass because of the grader,
    even though you can see the coins are really beautiful. After holding them is hand I think the are amazing.
    But because they don't come from PCGS or NGC I can only guess the grade, and I think they could make a 70 but that's me.
    SO please take a look and give me your opinion, and what you think the feedback will be when I post them.
    Thank you my friends
    Alan
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  3. Collect89

    Collect89 Coin Collector

    Those are very good looking coins

    Those half dollars come from proof sets that cost about $5 to $7 each. Personally, I would not pay any more for them than I would for the entire set inside of mint packaging. To be honest, I'd probably prefer having the cent, nickel, dime, quarter, and half still inside the mint packaging. That's just me. Someone else might be more interested in your single coins. In order to get "big money" they would need to be certified by PCGS or NCG I think.

    What is the GEC grade of the 1979-S with the spot on the reverse?
     
  4. icerain

    icerain Mastir spellyr

    People that collect Kennedy Halves would be interested, but that doesn't mean they will pay a premium for it. Most collectors trust only NGC or PCGS as they consider other companies 2nd tier or basement graders. Those coins, even though has a grade of PR70 could be considered a 68 or even lower when switched over to PCGS or NGC.
    You also have to keep in mind, these are modern coins and some collectors won't pay a premium of them.
     
  5. Nice looking coins. However, these would likely grade 69 or maybe less at PCGS or NGC. TC
     
  6. pumpkinpie

    pumpkinpie what is this I don*t even

    Who the **** is GEC?
     
  7. desertgem

    desertgem Senior Errer Collecktor Supporter

    They appear about 68-69 to me, although the focus is not the sharpest to see small defects

    Why do they have the same bar code, although they are different coins?
     
  8. acan451

    acan451 Sample Slab Collector

    Just so every one knows, I would not sell these coins as 70's.
    I would also put that in the post I would write, and the fact that this is not a well
    thought of grading company.
    I never want anyone to think I would try to sell these to an unsuspecting buyer
    without full disclosure.

    I just think they are very nice coins and I though that someone else would enjoy them more than myself, even to break them out for an album.
    I think that is the way I will sell them with that though in mind.
    See now I have that idea, just from talking about them thanks!

    I also thank you for the help and advice, this is the whole purpoes of this thread so I can get some ideas on how to sell them in good faith.
    Thanks guys for your help and being straight up with me.
    All the very best my friends
    Alan
     
  9. gboulton

    gboulton 7070 56.98 pct complete

    Wanna bet? :too-funny:

    When you put a readily available, easily obtained, inexpensive coin in a no-name never-heard-of-them holder that says "70" on it, the presumption is you're trying to pass off a less than perfect coin as MS/PR 70. When you try to sell it, REGARDLESS of how carefully or cleverly you phrase it, that perception of fraud follows you and the coin.

    Given the high availability of these coins, I (and I think any other Kennedy collector) would ignore your ad/auction/sale, regardless of how you phrased things, and move on.

    Your best bet, imo, is to either retain the coins and take the loss, or crack them out of their sham slabs, and sell them raw for whatever you can get for them, and again..take the loss.
     
  10. acan451

    acan451 Sample Slab Collector

     
  11. gboulton

    gboulton 7070 56.98 pct complete

    I did.

    And that was precisely my point.

    You asked, and I quote :



    And then you said:



    Later in the thread, you gave us a bunch of song and dance about how you wouldn't sell them as 70's, and you just think they're nice, and so on.

    My point was then...and remains:

    It doesn't MATTER how you phrase it, or how you 'sell" them, or what you "sell them as". If you leave them in those holders, the perception will be that you are trying to hide flaws, or sell the coins above their true value, and serious collectors will pass.

    That's what you asked for...an opinion on whether or not someone would pass because of the grader, and what the feedback would be. I answered.

    Sorry it doesn't fit with what you were hoping to hear.






     
  12. noob76

    noob76 Member

    did you make up this grading company yourself?
     
  13. acan451

    acan451 Sample Slab Collector

    Hi noob76
    No I did not make it up LOL
    All the best
    Alan
     
  14. james m. wolfe

    james m. wolfe New Member

    i agree with gboulton
     
  15. acan451

    acan451 Sample Slab Collector

    gboulton
    Sorry I did not mean to sound rude to you.
    So lets start over.
    Thanks for the honest opinion, so what do you think about what I said, about giving them to my local coin club.
    Alan
     
  16. Conder101

    Conder101 Numismatist

    GEC has been around for about two years now.
     
  17. noob76

    noob76 Member

    i think that if you want a real premium for the grade, then they need to be graded by a service that people trust. but, if you want a buck or two for the coins, i'm sure you could find the buyer. i certainly would buy them for a buck or two each, just because i like the homemade style of the grading company.
     
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