sending coins out to be graded

[dogguy-migration]

I am new here. So if I have messed up by posting this just let me know nicely please.

I have just gotten back into collecting coins. I do not have a lot yet but was wanting to send some out to get graded. How do I go about picking what could be sent into get graded? What do I look for or do I just send in a bunch of coind?

Thanks in advance and God bless you all.

The Dogguy

[michael]

welcome to the boards

 

you will enjoy it on here many great collectors on here to ask questions of

 

myself you got to be really selective with submissions and it is quite an art

 

you must be careful to select only the coins that lend themselves to grading

[Oldtrader3]

Don't know what you collect or how long you have been collecting, but welcome to the Boards. If there is something that someone can help you with, I'm sure that they will try to help you. As Michael says: grading is an art. It is acquired by experience and observation. All of us had to go through more or less the same learning curve as you will.

[IGWT]

Hi & welcome, dogguy. Give yourself lots of time to develop expertise in your areas of interest. What do you collect, and what do you want to submit for grading?

[James_OldeTowne]

Hello, dogguy, and Welcome to our friendly little neighborhood!

 

First, I would caution you not to jump into the slabbing game to quickly unless you are fairly certain of the value of your coins. In my opinion, and generally speaking, it is almost never worth it for a collector to certify coins worth under $100, and usually not under $200 either. About $250 is where I put the cutoff. The reason is simple - collectors tend to value their coins higher than their real market value, so tacking an extra $20 onto their cost really minimizes their potential return.

 

In other words, don't spend $20 to slab a coin that's not even worth $100, because you just lost 20% of your investment - a horrible return on your money.

 

Second, I'd suggest you determine first the certification service you want to use, and the number of coins required to reach their discount level. Typically, it will be five or ten coins. Then, pull out the five or ten coins you value most, and send them in.

 

This being apparently your first time, I would suggest your best choices are ANACS or NGC. Why not the others (PCGS, ICG, SEGS)? Because if you are not experienced, and inadvertently select coins with "problems", either of these services will still holder the coin, albeit with the problems mentioned. The other services will not.

 

Good luck, and keep us posted!

 

James

[midwest]

This being apparently your first time, I would suggest your best choices are ANACS or NGC. Why not the others (PCGS, ICG, SEGS)? Because if you are not experienced, and inadvertently select coins with "problems", either of these services will still holder the coin, albeit with the problems mentioned. The other services will not.

 

Good luck, and keep us posted!

 

James

 

Oh james I think you need your coffee this morning. NGC won't slab most of the problem coins that ANACS will.

[dogguy-migration]

Thank you everyone who replyed to my question. Everyone was very helpfull with your answers and I do understand more now about gradeing. I hope to see you all around here again.

[James_OldeTowne]

(((NGC won't slab most of the problem coins)))

 

...but NCS will, which is still better than what PCGS would do! Also, the disclaimer that would appear on the NCS slab would be educational for our new friend.

 

James