Crazy question...Please keep in mind I am a newbie
I have some nice coins that I would love to send some of these coins to be graded. However, I don't want to feel silly sending anything to grade. I have some really nice wheat pennies too. How do you all decide?
I did what I could to take the best pics but did not come as well as I would like to.
Nice collection group. Admirable...
Everyone, how do you send me the method of coin grading service, I have a few Chinese coins and American coins thanks You can also send me the link (firstname.lastname@example.org)
A good rule of thumb is, if it isn’t worth more than $100, it isn’t worth getting graded.
I'd only send something in to get graded if I wanted to protect a certain coin or perhaps increase its value. ; )
BTW if i spelled something wrong or doesn't make sense I had too much wine and I can correct it until tomorrow
I appreciate the response and I will take your advice into account. I did look at the NGC value in their price list, the oldest one might be worth something, however, I am not doing this as much for the value as for the personal value. I plan to leave this to my kids. I understand that sending the coins is a gamble. i really do appreciate the input. I always like to hear both sides of the opinions. I truly cherish your opinions. I will be taking the grading class that it's offer thru the ANA. Please stay safe
I only consider the value of the coin, it should be worth pretty close to $75 before I will get it slabbed as the cost of slabbing an individual coin is high for a non-dealer to absorb. Your grouping would not be worth submitting because the value of the coins is actually less than the cost of the slab.
Yes, all below answers are very helpful. However I tend to prefer NGC to PCGS, but that is up to you. In the end, it comes down to how much profit you can turn. If the graded coin is less than $40 then it isnt worth sending in. Cheers!
Unless they have some special meaning to you, I don't think any of these coins would be worth the heavy price to grade. Learn about grading yourself first. Check what the market price for the coin you are considering is already graded. That being said there is nothing like sending a coin in you found yourself. Good luck.
I. R. Bama
To help you make your decisions about coins to submit in the future, start to learn about grading your coins. Then you will have a better idea whether a coin is worth sending in. Sending coins in for grading is expensive. Keep that in mind so you don't end of spending more on grading than your collection is worth. That would be money down the drain. If I want a coin graded, I will most likely pay for the already graded and slabbed coin. It wasn't a crazy question, it was actually a quite good question to ask. By the way, a good book to help you to learn to grade is the ANA Grading Standards of U.S. Coins. It had pictures and descriptions of each coin. I recommend that book highly
All of the cents are worth less than $5, and it would cost like $30 to get a coin graded. You would want the coin's value to be a lot more than the grading fee. The shield nickel is a nice coin, but it looks like it would grade "environmental damage", making it not worth grading. Usually, one would want a coin to be worth at least $50 but ideally more to make it worth grading. It is ultimately up to you, but my recommendation is not to get them graded. At the NGC it is $22 per coin, and shipping and handling adds another $35 per submission. If you really wanted to get them graded, ANACS or the ICG might be more suitable to keep the grading fees from tripling the coin's value. Let is know how it goes, and thanks for sharing!
All of the below, and if you want to change your username from "user_12041", just hover over "My Account" and click on privacy settings.
Nub has it again . These would cost money. More than the coins are worth. However there special to you so make sure you protect them. Keep going you will get it. We all started the same way!!
I sent off some inexpensive coins to a grading service just for fun and sentimental reasons. Coins I collected as a teenager. Like a 1950 D nickel. Not worth a lot, but came back MS65. If the grading service price is right, then send them in. But be aware of the value of the coins or the sentimental value. Nothing wrong with sending in a 5 dollar coin if its special to you.
Me too! I haven't actually done it yet, but there are a few coins that I have sentimental attachment to that I am considering getting graded. It's just displayed and preserved better in those slabs
I waited almost nine months before sending anything in to be graded, this allowed me to get a better grasp on the grading process before deciding what to send in. NGC is fine with me for a couple of reasons, one because you can directly submit as part of being an ANA member, two, they do a good job and are widely considered one of the top two grading services. Any coin is worth sending in if you're willing to spend the money, some coins for monetary value, some because of personal value. If for any reason the coin means enough to you to justify the costs by all means have it graded, it is a personal preference. If you are having them graded on a purely financial reason, then cost is definitely a deciding factor, remember, it is a personal call. I recommend sending in three or more coins in at a time, it lowers the actual cost per coin. Take your time, analyze the process, then decide. We can offer advice based on our experiences, we will never decide for you. Welcome to the group, I love your coins! Later.
Big Nub Numismatics
Out of these, none should be sent. They aren't very valuable or nice enough to warrant authentication and grading. A typical coin costs $25-$30 to grade depending on how many you send on top of any membership fees. While the ANA provides a free membership to NGC, many dealers and collectors, myself included, prefer PCGS which would then cost extra money. These coins are worth far less than what it would cost to grade.