Coinbuf

Sadly scrubbed to death, maybe fifty years in the dansco will help her be a bit less offensive looking.

Awesome set Neo! Congrats on a complete set, always a great feeling 8 coins or 80.

Just think of all the amazing parking lot errors that were also created by this theft, shouldn't be long before people show up here wanting to know how much their "Walmart heist" errors are worth.

I own a couple of the old ANACS photo certs, however I was not collecting or submitting to ANACS or any TPG back then, the examples I have were purchased in the past twenty years. Nor have I (or will I) submitted those coins to a "modern" TPG, grades are opinions and opinions change. Like a few others I am not all that shocked to see the change in grade, the coin has not changed only the opinion. I will say that I am not a fan of the current market grading system, I much prefer the way the ANA graded. Today too much emphasis is placed on the eye appeal and luster while the actual surface condition is second banana. But it is also true that nobody cares what I think, just like nobody cares or is listening to what Roger thinks about grading today, so rather than scream into the wind I simply note my grade and buy those coins that I like and think are graded to a standard that I can live with.

ANACS - Well respected in todays market, many collectors place them just behind NGC/PCGS. Depending on which generation of holder you have, some are considered as very conservatively graded while others are seen as more liberally graded. ICG - Also most considered respectable in the current market, depending on who you ask ICG is usually behind or tied with ANACS. I have only owned a few ICG slabs and those were, imo, very poorly graded, thus I generally tend to avoid ICG. NGC - Speaks for itself as one of the best. NNC - As Burton noted above this is a self slabber, I don't know the current ownership but I have found a few very nice coins in these holders, albeit you have to adjust the grade on the holder, often by many grade points. Consider coins in these holders as raw and highly likely to be problem coins as the value goes up. PCGS - Again speaks for itself. PGA - Total junk, consider these coins raw and highly likely to be problem coins or even counterfeits. Only buy coins in this holder if you are positive or have gotten some additional feedback from someone you trust. SEGS - This is one where the holder generation matters a lot! The company was started by Larry Briggs and he is/was (not sure if he is alive) a very competent grader. However as is often the case it is easy to be overly lenient when grading your own coins. But the coins that were graded by Lary have a good chance of being graded correctly and the chance of a counterfeit or switched coin is very low. Partly because the SEGS holder is the toughest holder to crack ever! USCG - Again total junk basement slabber, treat as a raw coin and avoid unless you are completely certain of the coin. Here is a link to a site that has information on almost every slab brand ever seen, there is often very little info on the basement slabbers. But if there is little information that should serve as a red flag anyway, the companies are listed on the right side of the page alphabetically. There are many very good certification holders out there that are very good, just few people know about them, you can find some of those listed here, an example of one is IGA. Link Additionally, looking for bust half's that are original and unmolested is somewhat like looking for a unicorn, there are not very many that have not been "conserved" at some point in the past. If you are in the Phx area you might consider looking into the Phx coin club and the Mesa coin club, you might find some members of those clubs who could be of help to mentor and help with your quest.

Your question is too broad to answer with anything but generalities. As Mike said there are some other TPG's, both active and some now inactive, that are well received and respected by much of the market. And there are many basement slabbers that are a complete joke, without knowing which you have the odds are that the coins you have in those holders will be treated as raw coins in the marketplace. However, as with most things there are the occasional gems to be found in even the least respected holders. Many years ago I bought a group of coins in junk holders (NNC holders) most were overgraded by a point or three, almost every slab was graded MS68 by NNC. I knew that when I bought them and got the coins for a very fair/cheap price. I took the best four or five and submitted them to PCGS and NGC, three of those graded MS67 and I also sent the best of the group to CAC and it did pass. The thing here is not to automatically pass on a junk slab if the quality is there and the price is right. But use caution, you have to know how to grade to play in that sandbox, otherwise you can really lose a lot of money on cleaned and damaged overgraded slider coins.

Awesome, thanks for stopping back with the results of your submission.

Welcome to the forum, this is the section of the forum for selling coins not discussions, those types of posts belong in the US or newbie sections. Do you have an accurate scale that reads to two decimal places to weigh this coin? Have you done a specific gravity test to determine what metal this is? Without any information from you what I see is a normal cent that is stained/discolored. It was not uncommon in the past for cents to be used in high school chemistry classes as experiments and end up with a silver coloration. The chances that this is an aluminum planchet, well let's say you have a better chance of winning the lottery while wrestling allegators in the Saria Desert.

You cannot delete a post only the mods can. I read what you had written prior to your edit, I doubt that the replies would have been what you want to hear.

Is your set listed in the correct category? To be eligible for the ANA slot your set must be in the "Silver Eagles, 1986-Date, Mint State, Specimen, & Proof (Including Varieties & Special Pedigrees)" set. I believe that if your set is not in the correct category those labels are not going to work. I do not collect ASE's and do not know all the sets offered in the registry, but I think this is the only set that has the special labels like the different ANA shows.

The answer to your question is muti faceted, there are many older collectors who are comfortable with their grading skills (real and sometimes perceived) who think they do not need and/or want a TPG opinion. Then there are many new and old collectors who value the opinions of a TPG and also a third party assessment company like CAC. That can be due to many factors, newer collectors may not have acquired the skills to grade well yet, and like it or not, as we age our eyesight usually degrades. For these two and even more reasons there are collectors that do prefer to have coins, even coins that are mostly bullion value coins, graded and certified. That is why you often see those coins trade at a premium to raw, (even it only slightly) on sites like ebay or FB or IG. On virtual marketplaces where a buyer can only go by the photos the TPG certification add some reassurance and makes some buyers more comfortable that they are not getting ripped off. I'm not suggesting that you should have these graded, that is a call only you can make. But I do think it is true that having them certified might open up the marketplace and make these coins an easier sale vs raw. The real question is can you sell them for enough of a premium over a raw piece to cover the grading costs, ultimately that is the question you have to answer.

Welcome to the forum, that is a very nice repunched date, yours is FS-302. From your photos I would think AU55 for the grade, unfortunately there are not a lot of these that have been certified by NGC/PCGS so there is very limited auction data available to review for this variety. Recent auction results for a normal 1851 have been in the $180-$240 range for coins certified as AU55, I'm sure the variety would add some value but how much I am uncertain about. Values for varieties really depend on how many collectors want or need that variety, there are not a lot of collectors that build sets of these trimes so there may not be a large demand for varieties in this series. Hopefully someone has a better handle on this variety and can chime in with better pricing data.

A recent addition, bought from a member of the PCGS forum on that BST board. P65, the color is somewhat exaggerated in the TV vs in hand, not crazy but attractive to me.

As already mentioned this is what we refer to as a basement self slabber, those labels are not worth the paper they were printed on. Here is a link to a site that has some information on this and many other "companies" that have slabbed coins as well as those still in business. Link

Who is buying these at $60 each? How do you know that anyone is actually buying these? Just because someone on IG or etsy/ebay is listing it at these prices doesn't mean that anyone is buying at these prices. Are those listing at these prices making a two way market, have you contacted one of the sellers and asked what he is paying for the coins you have with die chips? My guess is that the sellers of these will not be interested in buying, or only at a tiny fraction of what they list them for. I have no doubt that there are a few people buying this stuff, there is always the greater fool, especially with the proliferation of all the get rich quick videos. I remember when the "BIE" cents from the 50's were the new hotness and people were just as gullible and lapping up those cents as important. It did not take long before it was realized that they were not only not special but that there were tons of them available. Just don't be the greater fool, you know from your roll searching just how easy it is to find coins with die chips. The internet is a great tool, but it is also a tool for misleading people in very large numbers. As to the coin you posted in this thread, the closeup is out of focus, it might be a tiny die chip but I cannot say for sure from that pic.

Coin pricing (value) is a function of demand, condition, and rarity; condition and rarity alone mean nothing if there is no demand. Conversely there are lots of very rare coins with low mintages (especially world coins) in excellent condition, yet in many cases those coins sell for peanuts because there is not enough strong demand from collectors. At the same time coins in high demand by collectors (like Morgan dollars) only achieve very high values if they are in excellent condition at the very top most level of the grading scale. All three factors work together to determine the value of a coin. Value and pricing is much more complex than just this, but what I've written is a very simplistic overview of how coins are valued and priced.

Yes that dark almost black color is called terminal toning. Once the toning reaches this stage it is so thick that it cannot be removed without damaging the surface of the coin because it has somewhat bonded to the surface.

Go to any coin show and you will see thousands if not tens of thousands of Morgan dollars. Yes, it is common for non-collectors to not see these given that silver coins are not in general circulation, but Morgan dollars are common as dirt in the numismatic world. And yes, they are a beautiful coin, which is why they are one of the most sought after and collected coins of all US coins.

As I said above it grades in the about good range (AG), might squeak into a good-04 grade on a good day, however, those scratches on the obv on the face of Liberty might also cause a TPG to give it a details grade. Again the only real value here is the sentimental value that you have to the coin, if you sold this to a coin dealer he would toss it into his cull pile to be sent off and be melted down or sold as scrap silver. Here is a photo from Photograde of both an AG3 and a G04 example, the lack of any rim or denticle detail is what puts your coin into the AG level.

The sentimental value far outweighs the value of this coin. The 1880-S Morgan is one of the most common dates for the entire Morgan series, even mint state examples sell for less than $100. Your coin is very worn and only grades in the AG or lower range, it really has no numismatic value, the value of this coin is just for the silver value which is somewhere around $25-$30 today.

Welcome to the fourm, as already mentioned if you crop out all that black background you will have no problem loading your pics, and it will be much easier for us to review your photos and provide you the info you seek. As @Greenstang wrote this looks to be a minor filled die, the mint is a high speed production facility and it is very common for one or both of the coin dies to become clogged with debris such as grease. When that occurs the coins that are struck with the filled die will not have the details struck in that area. These are mint errors but also so very common that there is no value over the face value of the coin.