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When Is it worth grading?

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Revenant

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Are only mint state coins worth grading? Or do coins become worth grading once they reach a certain set value?

Unlike many of you, I'm barely launched on this journey. I've been trying to learn as much as I could over the last year but there's one question I've been running into increasingly often. When is a coin worth grading? Obviously the modern coins are only really worth grading if a high MS grade can be obtained but what about older coins? Do they necessarily have to be MS and worth hundreds or thousands of dollars to be worth grading or can lesser coins be worth getting slabbed and graded. I'm 20, almost 21. I don't really get to spend $100+ to buy a single coin very often so most of the older coins I have aren't exactly mint state, but some of them are still pretty darn nice if you ask me (maybe my standards are too low?). For now my small but growing Silver American Eagle collection remains my only group of graded coins. I'm reluctant to even consider submitting coins for grading unless I'm reasonably sure it'd be worth the money and effort.

Gig'em! (I'm a Texas Aggie)

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Decided to comment here on this, your first Journal entry… all the way back on June 14, 2007… while today is October 21, 2023.

From what I can tell, you're the most prodigious Journal participant on NGC's "boards," and you seem to have mastered "how it all works."

My current goals are to take my Journal entries forward, and I intend to study your approach of Content, entry cover photo, imbedded photos, and general layout… for beauty of presentation.

Btw, a fellow Chem E. major, with a degree from ASU back in 1985.

Best,

Bob

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On 10/21/2023 at 7:11 PM, USAuPzlBxBob said:

Decided to comment here on this, your first Journal entry… all the way back on June 14, 2007… while today is October 21, 2023.

From what I can tell, you're the most prodigious Journal participant on NGC's "boards," and you seem to have mastered "how it all works."

My current goals are to take my Journal entries forward, and I intend to study your approach of Content, entry cover photo, imbedded photos, and general layout… for beauty of presentation.

Btw, a fellow Chem E. major, with a degree from ASU back in 1985.

Best,

Bob

I was active from around mid-2007 to around 2010, when the rigor of my academic studies and lack of funds made it difficult to impossible for me to participate here for a few years.

I didn't really come back until 2016, after my son was born and I had a full-time job that paid me good money for a while there - and then I was absent through most of 2017 because I was broke and unemployed. I've been most active here since late-2017, when I had a job and money again.

Between those periods, ~2012 they introduced the new registry and redesigned chat boards and new features for the journal.

Between 2010 and 2017 I grew and changed a lot as a person. I matured, became a husband, became a father, started paying all my own bills. My writing style changed and matured.

So if you think my approach to journaling here is worth studying or emulating, I'd focus on the period from Jan 2018 to today.

Edited by Revenant
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When is it worth grading?  Not exactly fair you should have to wait years and years to elicit an answer, and you have learned a great deal since, but I thought I would give it a shot anyway. How would you establish a coin's Fair Market Value without a grade?  For the Set Registry, as you are aware, a grade in and of itself, does not qualify for participation. Ditto the CAC juggernaut, and related concerns.  In order of interest I would have to find the coin attractive at a minimum and its assigned grade a means to determine within what price range I can afford.

For all intents and purposes, I have accomplished my seemingly modest goal assembling a complete.line of gold roosters. I can tell you grading is indispensable, first and foremost, in buying.  Your query would become more difficult to answer if it were re-worded: When is it worth certifying? Absent that, which includes the often-overlooked authentification aspect, a grade is necessary for the purposes of buying and selling.  To an average non-collector, all coins pretty much look alike.  It takes an experienced eye wielded by a discriminating collector to separate wartime nickels from the glut of Jeffersons minted since 1938 and a practiced eye to single out the silver-bearing dimes, quarters and halves from their clad cousins.  As you may know, an MS67 coin very often (depending on the date and series) can command twice the price of an MS66 -- and perhaps more!

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