What the heck. Right price with bling.

I just picked this up on ebay for $4.00 shipped. Nothing special by far but it was just a pretty clad coin for the price I thought.

 

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Can't really go wrong with anything at 4 bucks.

 

I paid $2.50 for a glass of sweet tea at lunch today, and it was gone within 30 minutes.

 

Just curious. What would it cost to have such a coin certified by PCGS? Seems that would be at least the $4.00 I paid for it including shipping. Maybe wrong, which seems to happen to me a lot lately.

 

Depends who submitted it and how but you’re right and some ways it’s way more than you paid

 

If you are a member with PCGS this coin would be graded as a modern for about $16 plus postage and insurance. You probably have to send in 10 or so coins at a time. Dealers that send in hundreds of coins at a time get a better rate.
This is a link to the current fees. https://www.pcgs.com/servicesandfees
$4 was a great deal on a really nice coin.

 

What Idhair said, plus what the dealer makes in profit on the ones that come back as 70's pays for the whole submission and he has effectively $0 in all the rest. Whatever he gets for them is profit.

 

Thanks much for the info guys.

 

There's no minimum number for the PCGS modern tier. ANACS is the only one I can think of that has a minimum number of coins for any of the normal tiers

 

Guess I did ok for $4.00 after all.