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Thread: To grade, or not to grade!!!

  1. #1

    Default To grade, or not to grade!!!

    My latest thread has inspired me. This thread I now create is where I hope we all meet and discuss whether or not it is worth the effort to grade a particular coin or medal.

    I present my first submission.



    https://www.ngccoin.com/price-guide/...0-duid-1477178

    Personally, I wager it isn't. However, if I am going to send multiple coins I want to avoid " details" ratings, and I have no idea how to do that haha.

    Anyway, everyone is welcome to post some coins up for our " Hopes and Dreams," thread.
    "Compulsory altruism is none too altruistic." - me

    "All of us necessarily hold many casual opinions that are ludicrously wrong simply because life is far too short for us to think through even a small fraction of the topics that we come across." -- Julian Simon

  2. #2

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    no


    ..............

  3. #3

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    Quote Originally Posted by yellowsnow View Post
    no


    ..............
    Thanks for the input, your in depth analysis and contribution was very helpful. Thanking you...
    Last edited by windweaver77; 03-07-2021 at 02:17 AM. Reason: Forgot to say " thank you. "
    "Compulsory altruism is none too altruistic." - me

    "All of us necessarily hold many casual opinions that are ludicrously wrong simply because life is far too short for us to think through even a small fraction of the topics that we come across." -- Julian Simon

  4. #4

    Default

    My next possible submission for grading. What ya think guys? To grade, or not to grade, that is the question!!





    https://www.ngccoin.com/price-guide/...6-duid-1415655
    "Compulsory altruism is none too altruistic." - me

    "All of us necessarily hold many casual opinions that are ludicrously wrong simply because life is far too short for us to think through even a small fraction of the topics that we come across." -- Julian Simon

  5. #5

    Default

    What is it worth graded, assuming it comes graded as well as you hope? If it would be worth more than it costs to grade it, why not take a chance?
    Now there's no more oak oppression
    They passed a noble law
    Now the trees are all kept equal
    By hatchet, axe and saw.

    I will not comply.

    The Tea Party... quietly plotting to take over the world,
    and leave you the hell alone!

  6. #6

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    Quote Originally Posted by t00nces2 View Post
    What is it worth graded, assuming it comes graded as well as you hope? If it would be worth more than it costs to grade it, why not take a chance?
    I have no clue how it would grade, but xf is worth $250 according to the link.
    "Compulsory altruism is none too altruistic." - me

    "All of us necessarily hold many casual opinions that are ludicrously wrong simply because life is far too short for us to think through even a small fraction of the topics that we come across." -- Julian Simon

  7. #7

    Default

    Im lucky to have an expert in this field as a friend. He eats sleeps and craps these coins. I wish I had that kind of skill, its a great business.

    Your coin looks like a decent grade to me WW...They are around $30 to get graded and slabbed.
    Politicians and diapers must be changed often, and for the same reason. -Mark Twain

    The purpose of life is to matter, to be productive, to have it make some difference that you lived at all. -Leo Rosten

  8. #8

    Default

    I would probably pass on the 1919 Indian rupee- not because it isn't a nice coin, but due to the very high mintage which is holding down the value. In addition, unless you could determine that it was either a proof coin (which it doesn't look to be from the photos), or at the very least the proof-like version (which it also doesn't look like), then the business strikes would not seem to warrant encapsulation- they're not rare, they're not expensive and they're not super-high grade- you know, like MS-66 through 70. There also seems to be enough chatter or rub on George's cheeks to possibly earn the coin a high AU grade instead of an uncirculated grade (which it sure looks to be), depending on how that particular grader subjectively graded the stack in front of him that day.

    Now, the 1883 Hawaiian ten cent piece, while a nice low mintage coin (250k) and worthy of a collection, is one I'd probably put on the back burner at least for now. I know you're aware of one barometer of checking current prices- using eBay sold figures/prices. Just looking at the number of the same exact coin you have that are available for sale, most of them are graded and most of them whether graded through PCGS or NGC all show "details" which in most cases means that they were cleaned at some point, which isn't a good sign since you know as well as I do that cleaned coins, especially circulated ones, will never command the prices that original surfaces will bring. So one question is, would your coin come back as details (cleaned)? Hard to say for sure as I don't have the coin in hand and it's always hard to tell from pictures, but the statistical numbers seem to say that it would which would indicate that you probably shouldn't send it in. Now, if you need to send in multiple coins at once to get a lower price or something, even if it gets only an XF grade, then just don't count on it not coming back details, and if it does, then be happily surprised. Just checking actual sold prices shows that unless the coin was an AU (even with details) or higher, it's selling below the NGC world coin price guide prices, so it still probably wouldn't be worth your money and I'd keep it in a flip or capsule personally.

    Oh, I also wanted to add that I'd surmise that of all of the Hawaiian issues to send in, mostly for authentication purposes, I'd probably do the cent, half dollar and dollar. If you could find the 1881 nickel, that'd be a grand slam of all grand slams, though. People probably saved the dimes, but the larger silver coins would buy a lot of stuff back then. Also consider that when Hawaii became a U.S. Territory in 1900,the legal tender status of these coins was removed and most were withdrawn and melted. So that, on top of the low mintages makes these coins very collectible, but there is a very low likelihood of a significant number of them being uncirculated.
    Last edited by bronkster1967; 03-08-2021 at 10:44 PM.

  9. #9

    Default

    Quote Originally Posted by bronkster1967 View Post
    I would probably pass on the 1919 Indian rupee- not because it isn't a nice coin, but due to the very high mintage which is holding down the value. In addition, unless you could determine that it was either a proof coin (which it doesn't look to be from the photos), or at the very least the proof-like version (which it also doesn't look like), then the business strikes would not seem to warrant encapsulation- they're not rare, they're not expensive and they're not super-high grade- you know, like MS-66 through 70. There also seems to be enough chatter or rub on George's cheeks to possibly earn the coin a high AU grade instead of an uncirculated grade (which it sure looks to be), depending on how that particular grader subjectively graded the stack in front of him that day.

    Now, the 1883 Hawaiian ten cent piece, while a nice low mintage coin (250k) and worthy of a collection, is one I'd probably put on the back burner at least for now. I know you're aware of one barometer of checking current prices- using eBay sold figures/prices. Just looking at the number of the same exact coin you have that are available for sale, most of them are graded and most of them whether graded through PCGS or NGC all show "details" which in most cases means that they were cleaned at some point, which isn't a good sign since you know as well as I do that cleaned coins, especially circulated ones, will never command the prices that original surfaces will bring. So one question is, would your coin come back as details (cleaned)? Hard to say for sure as I don't have the coin in hand and it's always hard to tell from pictures, but the statistical numbers seem to say that it would which would indicate that you probably shouldn't send it in. Now, if you need to send in multiple coins at once to get a lower price or something, even if it gets only an XF grade, then just don't count on it not coming back details, and if it does, then be happily surprised. Just checking actual sold prices shows that unless the coin was an AU (even with details) or higher, it's selling below the NGC world coin price guide prices, so it still probably wouldn't be worth your money and I'd keep it in a flip or capsule personally.

    Oh, I also wanted to add that I'd surmise that of all of the Hawaiian issues to send in, mostly for authentication purposes, I'd probably do the cent, half dollar and dollar. If you could find the 1881 nickel, that'd be a grand slam of all grand slams, though. People probably saved the dimes, but the larger silver coins would buy a lot of stuff back then. Also consider that when Hawaii became a U.S. Territory in 1900,the legal tender status of these coins was removed and most were withdrawn and melted. So that, on top of the low mintages makes these coins very collectible, but there is a very low likelihood of a significant number of them being uncirculated.
    By my eye the coin does not looked cleaned. But I am no expert, by any stretch.

    I probably won't be sending anything in for grading, personally, but this is a fun " what if " thread. Thanks for the input, as always.
    "Compulsory altruism is none too altruistic." - me

    "All of us necessarily hold many casual opinions that are ludicrously wrong simply because life is far too short for us to think through even a small fraction of the topics that we come across." -- Julian Simon

  10. #10

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    next up for our consideration is this non-silver issue. The book value is oddly high for this issue, if the grade is right. I paid $7.


    What a fun and exciting nickel coin, aye?

    https://www.ngccoin.com/price-guide/...2-duid-1425195
    "Compulsory altruism is none too altruistic." - me

    "All of us necessarily hold many casual opinions that are ludicrously wrong simply because life is far too short for us to think through even a small fraction of the topics that we come across." -- Julian Simon

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