Worth Getting BU Coins Graded?

I have two 2021 American Gold Buffalos that I am holding for bullion value. However, I am curious if they are worth sending in to get graded. Would I see an increase in value to compensate for the cost of the grading? I am new to both coins and bullion, so I am still learning the rope on everything.

Both were purchased at a LCS, so I am thinking if they were really nice, the store would have had them graded themselves, so this is probably a waste of effort, but I am curious.

I also have a 2021 AGE and a 2021 Gold Maple coming soon. Those were purchased online, so they might have a better chance of being graded highly.

First:






Second:

 

Log in or Sign up to hide this ad.

Why ? most bullion coins come B/U, why
pay more to get it graded and then try
to cover that cost when you sale, this is
a no brainer !

 

Run-of-the-mill AGEs are probably not worth grading. Most are released in 67,68,69 and some 70 condition. That being said I have several graded bullion coins that have significantly increased in value because they are graded MS70, First Strike, Limited Release, etc. There's a market out there for some graded bullion coins. Some users on Coin Talk get their panties in a bunch when the topic of graded bullion coins rears its ugly head.

tommyc03 suggests airtites which is an excellent idea.

 

@shimps1 I can't say that I would have it slabbed but that is a personal choice for you. I can say that you should get it into an airtite capsule to prevent future possibility of damage from bumping or rubbing against something.

 

I wouldn't.

 

I don’t see the logic there, paying more over
a premium to have it graded, I guess that’s
my personal choice..LOL

 

I wouldn't have it slabbed myself. I don't think my grading skills would suffice to test this kind of coin with my lack of knowledge. It would probably cost less to buy it from a dealer who's already done this than doing it yourself. Bullion is just bullion for me. It gets protected but not slabbed.

 

70s would have a higher value, whether or not it's worth it is up to you to decide

 

If you bought them thinking you will sell at some point, then having them slabbed might not be such a bad idea. Knowledgeable people can tell genuine from not, so to them it is not important and they wouldn’t pay a premium. But to a casual stacker the slab means a lot. Too many fakes around when it comes to high value coins, be them bullion or numismatic.

 

As @Gilbert said/implied, it can help when you go to resell. Personally, if I were to buy PMs from a person, not a reputable dealer, it would have to be slabbed, to give some assurance that it is genuine.

This reminds me, I have a V75 ASE that I should send in for grading. If I don’t, it will sit in the OGP and start to tone like my 25th anniversary set.

 

I'm looking at probably $200 in total cost to get these 4 graded. At $50 a coin, it sure would be nice to have them slabbed. I am kind of torn here. Not planning on selling them, but it would be nice to have the protection, and if gold does do some sort of crazy increase, I would be willing to unload them.

 

Unless it's a 70 I don't think it's a good idea.

 

Quick look turned up a 3 pack of slabs for the Buffalo for under $13 including shipping, if you are just looking to protect the coin.
https://www.collectons.com/shop/ite...llion-Gold-Platinum-3-Pack-Coin-World-Premier

 

As I said before there is no advantage in getting them graded, when you go to sell
1 OZ of gold is 1 OZ of gold.

 

And as has been said to you many times before that simply is not true and the market has shows for years that you are wrong. Your opinion is not the market

 

Whether you should have them graded is totally up to you. That said, Gold ounces should never be in a coin flip with staples as it's extremely easy to scratch up your coin! Coin capsules are really cheap, get some!

 

it’s bullion, worth same, B/U or run over by a train..LOL

 

Not worth the cost in my opinion.

 

Yep, Ait-Tites ordered!

 

Great, glad to hear it as I once scratched a coin accidentally taking it out of a stapled coin flip it wasn't gold though. As far as you getting your bullion gold buffalo coin graded, normally I say no it's not necessary but because you're new, you may benefit from it. Your choice!