Ngc Graded

Ngc Graded
if a coin is pcgs or ngc graded and slabbed. how will value be determined in the future if the coin is slabbed

if you want to know the future value of a lets say ngc or pcgs slabbed coin, how will the value be determined if the coin is encased in a slab?

Forget the slab. The future of the coin is how the coin looks as well as how rare it is. Grading is not a science and all the services have screwed up or gave their wrong opinion as to grade. Proof is breaking out a coin from it’s slab and sending it back too who graded it and it comes back a higher or lower grade. This happens more than we know. You need to learn to grade coins at least a little. If a coin has a nice strike, nice eye appeal and no hairline scratches it will continue to go up in value, in or out of a slab. The slabs are not airtight, so one must be careful of storage. I am not against slabbed coins by the top grading services, one just has to be a little aware of things. Also grading standards have changed since PCGS and NGC started slabbing coins. Coins in their old holders may grade different. Also keep away from modern coins that grade proof 70 or MS-69, there are a lot of them out there and this first strike thing is a gimmick. Also I believe, the standards have gone down not up. Just my observations over the years.

Ngc Graded

The Grade of a Coin is Everything!

The Grade of a Coin Is Everything
by Robert L Taylor, JD

So You Are a Coin Collector!

Tell me: Are You Still Collecting Raw Coins?

Take any Coin in Your Collection, and Tell Me What it is Worth.
To do so, you have to make a Decision about the Grade of the Coin.
I will Assume that You are an Expert at Grading a US Coin, so, you have arrived at the correct Grade for the Coin You Selected.

Obviously, the Grade Determines the Value or Worth of the Coin.
And, Once you have the Grade of the Coin, Any source for the Price or Worth of a Coin will Tell You the Value. (e.g.: greysheet, Red Book, Black Book, Coin World, etc.)
Whether you are Getting Ready to Place a Book Value on Your Collection, Getting Ready to Upgrade or Sell one coin from Your Collection, or Getting Ready to Buy or Upgrade a new Addition, the Grade of the Subject Coin is All Important. The Grade is Everything. Nothing Matters More than the Grade of a Collectable Coin.

Now, assume that You are Selling this Coin, and Represent it to be the Grade You Decided Upon. You have Priced the Coin According to a Reliable Price Guide.
What percentage of all Coin Collectors will Accept and Believe the Grade You Assigned, even if They could Examine the Coin In Person?

Probably a small Minority! Why? Because the Grade of a Coin is the Most Important Identity Factor, and determining the Grade is a Difficult Process. This is True, Whether Buying or Selling. If the Grade is not True, or Correct, then Money Will Be Lost Lost to the Seller if the Grade is too Low; Lost to the Buyer if the Grade is too High.

There is nothing wrong with Buying and Selling Raw Coins. Even if they may come from pocket change or bank rolls. But once you Decide to Make them part of your Collection, they need to be Graded by an Independent Professional Coin Grader.
This is so because You Need to Know the Value or Worth, of each coin, as well as the Total Collection.

But, you say, its Only my Personal Collection, and I am not going to Sell it now, or ever. Great, I say, but do you also Never plan on Upgrading any of those Coins? Whenever you want to Sell a Coin in your Personal Collection, you have to Sell it with a Grade and a Price. This means you have to Represent to someone else, the Grade of the Coin. You Must Do this because you have to put a Price on the Coin. When that Coin has been Professionally Certified and Graded, you have Eliminated the Biggest Argument Point. Knowing the Grade Makes Everything So Much Easier. Te Price is a Given once the Grade is Established.

Dreaming about owning a Coin with the Highest Grade (in any Class), as we flipped through the pages of our Red Book, has occurred to every one of us from the Start of our Coin Collecting days. Each one of those “Dream Coins” Passed the Test, and met the Requirements of the Coin Grading Guide established by the ANA (American Numismatic Association).

What most Coin Collectors don’t realize is that there are only four (4) Companies who offer Independent Professional Coin Grading, and Follow the ANA Official Grading Standards For US Coins. These Companies are: 1) PCGS; 2) NGC; 3) ANACS; and 4) ICG. These are the companies to be used when those Raw Coins need to be Graded.

Get the Highest Price for Coins You are Selling; Get the Best Price for Coins You are Buying; and Get an Accurate Appraisal of Your Collection. Collect Certified and Graded Coins! Don’t Play Games with Buyers and Sellers over the Grade of a Coin. Know the Grade of Your Coin!

Have fun collecting your Perfect Coins!

Robert L Taylor, JD
2006 © Copyright

About the Author

Robert Taylor is a 59 year old retired Lawyer, from Denver, CO, who spent most of his career representing people who could not afford an attorney, and who has had a passion for collecting US coins, since the age of 6. To share his Passion, he created http://www.ThePerfect-Coin.Com featuring US Rare and Modern Dollars (from 1878) and US Coins (from 1960), all Certified and Graded by NGC or PCGS.
For Beginning Coin Collectors, he then created http://www.Beginning-Coin-Collecting.Com featuring US Modern Coins, from 1960, that are high quality BU, Certified Coins priced less than $10.

Is it worth grading Morgan Silver Dollars?

I have two sets of uncirculated Morgan Silver Dollars. Each set has 3 Morgan Silver Dollars in individual plastic capsules, ranging from 1833 to 1886. All coins were minted from the New Orleans mint.

The sets were purchased from a Federal Coin Repository promotion about 20 years ago, and came in a nice three-coin holder-box, making a nice display. I know the coins are uncirculated, but I would like to know the specific grade for each coin in case I want to sell them one day. If I get the coins individually graded, they will be placed in separate sealed plastic cases, and be marked with each coin’s grade.

Here’s the question: Should I get each of the coins individually graded (from a company like NGC or PCGS), or just leave them in the original three-coin holder?

Thanks for your help!!

TYPO: Coin dates are 1883 to 1886

The Federal Coin Repository is not affiliated with the mint or treasury department and is a private company. In fact now it has to have a disclaimer stating that fact. Your coins may not be uncirculated and one date can not be, for there were no Morgan dollars struck in 1833 for the first year is 1878. You should see a couple of coin dealers first before spending your money on having them graded, if they are not mint state they would not be worth it. The 1886-O in circulated grades is very common and worth around $15 or so depending on silver prices. However in mint state it is quite scarce, most were used few were saved. In mint state 63 it is worth almost $3,000. If you send it in and it comes back say very fine then you waisted the fee for you will not get it back, so check with someone first who can grade it. Maybe there is a coin club in your area they would help.

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