Uncirculated Coins 0

[Belita Lom]

My question is I purchased a coin and it was labeled as Uncirculated but not certified by PCGS or NGC as of yet. Sending it to be graded by NGC, they would be able to label it as such if by their standards it fits the criteria?  I’m new to collecting and all that goes with it. Looking for something on the website about this, I didn’t see any thing or I just overlooked it. Hopefully I don’t seem to ignorant on this question, If I am please bare with me. 

I would like to read more information about uncirculated coins and what to look for, if anyone could steer me in the right direction. 

I would have added a photo but did not want to risk scratching or marking it up. 
 

 

[Coinbuf]

Welcome to the forum.   Without photos we cannot give you any information on the coin you bought regarding what it could grade or if in fact it is a genuine coin and not a counterfeit.   If you send the coin to NGC they will grade and encapsulate the coin with the grade on the label as long as the coin is genuine.    In the unfortunate situation that NGC determines the coin not to genuine the coin will be returned to you with no grade or possibly (in the case of a damaged coin) with a net grade and an short notation of the damage.

This area of the NGC website is a good place to start learning about grading.  NGC guide to grading

There are numerous books that have been written about the grading of coins, so many in fact that it is hard to pin down the best but I have found this an excellent reference.

Coin grading and counterfeit detection

[GBrad]

Hello @Belita Lom.  Welcome to the forum. 

On 10/23/2021 at 10:28 PM, Belita Lom said:

I would have added a photo but did not want to risk scratching or marking it up. 

If you are going to start collecting, and submitting coins, then you are inevitably going to have to learn how to safely handle your coins.  I actually appreciate your comment above about not wanting to damage your coin.  We have seen TOO MANY people here on the forum holding and handling coins in a manner which makes me want to puke. I think you will be fine in handling your coins if you take the necessary precautions such as this: Always hold your coins by their edge to alleviate leaving any of your oils or fingerprints on your coin.  In addition (I learned the hard way.....don't ask) I would suggest holding your coins over your bed, a pillow, or something very soft whenever removing them from whatever they may be stored in.  I don't think I need to elaborate any further on this topic....  ALWAYS store your coins in NON-PVC holders or flips! PVC has a chemical reaction with the metallic nature of coins and will cause damage to them.  Use only MYLAR material storage flips or 2x2's for your coins.  Hope this little tidbit of info helps. 

 

[Greenstang]

Quote

My question is I purchased a coin and it was labeled as Uncirculated but not certified by PCGS or NGC as of yet. Sending it to be graded by NGC,

What coin are you sending in?  You do realise that unless it is worth at least $150.00, the cost of grading does not justify getting it graded.

[Mohawk]

Agreed on all counts.  We need photos to tell you anything beyond what has already been said.  Written descriptions are useless when it comes to discerning anything meaningful about coins.  Good, clear, head on photos are an absolute requirement.

[Belita Lom]

Knowing the value of all the coins is not something I think a person that just started would possibly know, that’s something that I am looking forward to learning. It definitely helps if your knowledgeable in that area. So thanks for the heads up on that. 

And yes, the advice about the correct way to hold a coin and how to hopefully ensure they don’t get damaged while inspecting them was very helpful. Thank you. 
 

These are just pictures I took with my phone, so hope this will help. I will send this in to get graded, even if it may not be worth $150.00 dollars. I like how NGC enhances the look of a coin, with their labels and holders. 

[GBrad]

On 10/25/2021 at 12:45 AM, Belita Lom said:

Knowing the value of all the coins is not something I think a person that just started would possibly know, that’s something that I am looking forward to learning. It definitely helps if your knowledgeable in that area. So thanks for the heads up on that. 

And yes, the advice about the correct way to hold a coin and how to hopefully ensure they don’t get damaged while inspecting them was very helpful. Thank you. 
 

These are just pictures I took with my phone, so hope this will help. I will send this in to get graded, even if it may not be worth $150.00 dollars. I like how NGC enhances the look of a coin, with their labels and holders. 

Thank you for the pics of your coin Belita.  This is a very nice Proof Bicentennial Quarter but it is not worth a major premium nor submitting in my opinion. However, if you want to submit a raw coin that you own, and it is in your budget to have it slabbed even though turning it may not be profitable (please keep in mind all of the costs associated with submissions), then by all means go for it.  I don't think there is anything wrong at all with having a worthy coin slabbed as long as you realize the costs involved. However, IMHO and not to disappoint you, I am sure there are numerous coins out there of this type that are already graded and slabbed which you could purchase for less.  Just FYI.

Edited October 25, 2021 by GBrad

[J P M]

Welcome to the forum. GBrad is being truthful. It is a nice proof coin worth somewhere between $6 and $18 if it was in a slab and someone wanted it. After sending in your coin with postage and insurance. and the cost to slab it you will have spent close to $40 sometimes you can get a deal on a slab coin. I always look around first. I want you to understand it is your choice I just wanted to show ya some options.  

Like this.MS 69. . https://www.ebay.com/itm/393644791883?mkrid=711-53200-19255-0&siteid=0&mkcid=1&campid=5337153378&mkevt=1

Or these nice NGC ones     https://www.ebay.com/b/NGC-1976-Washington-Quarters-1932-1998/39461/bn_112642421

Edited October 25, 2021 by J P Mashoke

[Fenntucky Mike]

Why pay to have this slabbed when you can buy these all day long in PF 69 UC for under $50, in PF 68 UC for under $30 (clad or silver). Just saw a PCGS PF 69 DCAM (silver) for $35. If you think this coin is a 70, it's not.

Edited October 25, 2021 by Fenntucky Mike
Grammar

[Coinbuf]

I will agree with all that has been said, from a strict financial standpoint it this is not a coin that you would want to spend $30-$50 (that is the cost of grading and the two way postage) to have graded unless it was a lock for a PF70 grade.   Which from your photos I do not think is possible.

However, there are many coins sent in to the grading companies for reasons other than only financial.   So if you have a personal or sentimental attachment and want it graded and encapsulated for a personal reason than I wish you the best luck and I hope you get a high grade.

[VKurtB]

On 10/23/2021 at 9:28 PM, Belita Lom said:

My question is I purchased a coin and it was labeled as Uncirculated but not certified by PCGS or NGC as of yet. Sending it to be graded by NGC, they would be able to label it as such if by their standards it fits the criteria?  I’m new to collecting and all that goes with it. Looking for something on the website about this, I didn’t see any thing or I just overlooked it. Hopefully I don’t seem to ignorant on this question, If I am please bare with me. 

I would like to read more information about uncirculated coins and what to look for, if anyone could steer me in the right direction. 

I would have added a photo but did not want to risk scratching or marking it up. 
 

 

I have wondered literally for DECADES why people want to get low value coins graded. I can see ONE reason someone might want to have THIS one graded and encapsulated. It is a single type coin (minted in both 1975 and 1976) and perhaps a matching slabbed type set is in the offing. I can see this coin making PF69UC, but not 70. It is not “Uncirculated”, but is a proof. 

[Belita Lom]

Thanks, JP, I appreciate your insight on this topic and the help in options of purchasing a coin like this one, and thank you,VKurtB for your insight. 

It seems that the consensus is I shouldn’t waste my time in getting this graded, due to the fact it will not be graded at a 70. It’s not that I expected it to be graded at a 70, it’s just the fact that it is a good looking coin and I think It will look great encapsulated.  I’m new to all this so getting a decent coin graded is exciting TO ME.  Maybe some of you don’t get excited over something you think is so trivial, but I do. Maybe you never did? Willingness to take good advice and good criticism is something I can definitely do. So some of the comments are worthy of that, and some are not. Please try and remember, someone new coming into coin collecting is looking to you (old hats), dealers, or professional coin collectors for just that. In the end all criticism is good food for thought. 
 

Happy Collecting everyone. 😊

[124Spider]

On 10/25/2021 at 12:50 PM, Belita Lom said:

Thanks, JP, I appreciate your insight on this topic and the help in options of purchasing a coin like this one, and thank you,VKurtB for your insight. 

It seems that the consensus is I shouldn’t waste my time in getting this graded, due to the fact it will not be graded at a 70. It’s not that I expected it to be graded at a 70, it’s just the fact that it is a good looking coin and I think It will look great encapsulated.  I’m new to all this so getting a decent coin graded is exciting TO ME.  Maybe some of you don’t get excited over something you think is so trivial, but I do. Maybe you never did? Willingness to take good advice and good criticism is something I can definitely do. So some of the comments are worthy of that, and some are not. Please try and remember, someone new coming into coin collecting is looking to you (old hats), dealers, or professional coin collectors for just that. In the end all criticism is good food for thought. 
 

Happy Collecting everyone. 😊

Hi Belita,

This can be a non-gentle crowd, but they generally mean well.

I've never paid to get a coin certified, but I can understand the allure.  But what people are saying is that getting THIS coin graded would be a financial loss--It won't be worth nearly as much as you would pay to get it certified.  

If this particular coin has some sentimental value, people are saying, go for it.  But if all you want is a bicentennial quarter in a slab, buy one already slabbed; it'll cost less and be much less trouble.

Mark

[Belita Lom]

Mark, 

I definitely agree, you seem to be a very wise man. I like your advice and may do exactly that. You have a way of getting your point across in a very nice way. Very much appreciated. 

[J P M]

On 10/25/2021 at 3:50 PM, Belita Lom said:

Thanks, JP, I appreciate your insight on this topic and the help in options of purchasing a coin like this one, and thank you,VKurtB for your insight. 

It seems that the consensus is I shouldn’t waste my time in getting this graded, due to the fact it will not be graded at a 70. It’s not that I expected it to be graded at a 70, it’s just the fact that it is a good looking coin and I think It will look great encapsulated.  I’m new to all this so getting a decent coin graded is exciting TO ME.  Maybe some of you don’t get excited over something you think is so trivial, but I do. Maybe you never did? Willingness to take good advice and good criticism is something I can definitely do. So some of the comments are worthy of that, and some are not. Please try and remember, someone new coming into coin collecting is looking to you (old hats), dealers, or professional coin collectors for just that. In the end all criticism is good food for thought. 
 

Happy Collecting everyone. 😊

Ya Balita ,It just so happens I have a few of the Bicentennial coins myself and I don't plan on ever sending any of them out to be graded. I like them just the way thy are.

[RWB]

On 10/25/2021 at 5:33 PM, J P Mashoke said:

I like them just the way thy are.

When fresh, Bicentennial coins were tasty and nicely seasoned. However, over time tastes have changed and they probably need a little more spice now -- maybe a dash of sriracha or some really good green chilies.....

 

[Mohawk]

On 10/25/2021 at 7:26 PM, RWB said:

When fresh, Bicentennial coins were tasty and nicely seasoned. However, over time tastes have changed and they probably need a little more spice now -- maybe a dash of sriracha or some really good green chilies.....

 

Or a little paprika.  A little paprika can work some real magic 

[Belita Lom]

Nice collection of Bicentennials, will have to put what I have for a collection in order. Then do my research on the coins I think I want to submit.  That’s just to ensure I am getting my monies worth, and not wasting it. 
 

I do appreciate all the feed back, it does make a person think and make better decisions. 🤪

[Mohawk]

No problem, Belita.....it's what we're here for.