Should You Get Your Coins Graded?
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- Опубліковано 13 гру 2018
- Should you get your coins graded? Here's the pros and cons of sending in your coins, mint errors and varieties in for grading. Find out if you should send your coins to PCGS or NCG or ANACS.
My Coin Shop Website portsmouthcoinshop.com/
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My Coin Shop Website portsmouthcoinshop.com/
My Mint State Video ua-cam.com/video/dqGwqJEfl_A/v-deo.html
CoinHelpu Community coinauctionshelp.com/forum/index.php
Hey Daniel this is Lawrence mckee and you hit all the right topics within the topic. I am so better educated now and appreciate your insight and knowledge. I already was a good grader. Now I am greater than that. Thanks again
Hi Daniel I'm new on your site. I been watching so many on UA-cam, but it's hard to understand them. I like you better on explanation. You seem to be honest. Thank you for all your time by teaching me or all of us don't know anything alot of my collection. Good day and God bless you.
Thank you and you're welcome
An older video I see but still very helpful nonetheless. Daniel I'd be lost without your videos, thanks again!
Thank you!
this is by far the most comprehensive video on when to grade or not i have ever seen. Great Job!!! Daniel keep these videos coming!!!! Also with the 72 ddos. Type 1 in high grade worth sending off and type 4..especially type 4. worth more then the rest of em.
Thanks. I appreciate it.
@@CoinHELPu So if I took a picture of a coin it would cost money to find out if it would be worth something
@@gailhuntley2466 no, you would have to send the coin off to an expert and pay them to look at your coin.
No. I have. It
Thanks for another great video Daniel. I have come to the same conclusion even before I saw this video. It is usually NOT worth ha ding your coin(s) graded unless they are very rare, in really great condition, or highly valuable according to the gray sheet or a coin dealers opinion. I think I have 2 coins (out of many) that COULD be worth having graded, but I am still thinking on it and I am not in a hurry. My advice to anyone would be to really study the coin, get others opinions and be a sure as you can that it will be worth it. Again, $40 or more just for the grading, then there's shipping and all that on top of whatever time and money you already have in the coin.
Thanks for being honest with the people
You're welcome
Thanks Daniel, this one of the most asked questions I get. There are several different factors that go into deciding which coins should be graded and which ones are a waste of time and money. To me this video should clarify the question of to grade or not to grade! Great video!
Thanks. I am just touching on this subject and should be a series actually. How I move forward on this subject depends on the responses I get.
Yes thank you you just made it so much easier to know what I should send to have graded
Good information as always. Thanks !
Great video and well taken great advice. Thank you
Thanks you
Very knowledgeable review Thanks
You were great, I joined your group immediately. Thank you
Thank you
Just been reviewing some of my coins that are the year but have to decide if condition warrants trying a few. If wrong won't be the first time. Just found a couple of "errors" that are not significant in my opinion-----you just gave me info that may save me some money
Great advice. If I understand you correctly only the rearrest most valuable coins have enough value to be worth grading because of the costs involved. Thank you, appreciated.
Thank you for the information
Thanks for the additional information.
You're welcome and thanks for watching.
I just wanted to say thank you. I'm just getting started and I'm sure I'm going to make a lot of mistakes I've been collecting all kinds of coins for 40 years. In fact I really don't know what I have other than an awful lot of coins it's my retirement keep the mind busy plan. So you'll probably be seeing a lot of questions from me annual probably get a lot of thank you for me. Do you do an excellent job on explaining and it's very understandable.
Great job Daniel, I almost made the same mistake again. But thanks to you and your videos I will Be fine, again thank you
Hi Daniel, I’m a coin collector. With comparison of tons of UA-camrs who misguide the coin fans, I’m so found of you because you try to open eyes on such important facts about coin and bank note collectibles. I think that you deserve to get lots of likes and subscriptions. Keep up the good work.
Thank you
Thank you Daniel
Good advice from Daniel. Collectors should also know that third party grading is very 'subjective'. And, when it comes to older key dates, many will likely be called cleaned or questionable color.
Another call could be altered surfaces. I've seen numerous coins both clearly undergraded as well as overgraded. I've seen coins in problem holders that don't appear to have a problem, and coins graded with no problems that obviously have problems. Third party grading is not absolute. It's subject to human 'opinion' and human error. Sometimes coins have to be submitted multiple times to receive the desired grade. And, sometimes the desired grade just never happens.
It seems that key dates will mostly be problem coins but with low mintages and the fact that the best are already encapsulated (save for new discoveries), then it stands to reason what we see now is "rejects". I know some dealers crack problems coins out and sell as raw. I don't condone this but some coins are mislabeled as cleaned when they're not. I know because I have resubmitted cleaned coins and received a problem free grade and visa versa.
Thank you. I sent you two photos, the 1948 BF, and the 1943-p nickel. I hope you can see them well. Somehow I find you trustworthy and value your opinion.
Great video and great info
Thanks!
Thank you for that , you just saved me money.
Good information
Great topic! I've seen other videos of people sending their coins in and it does sound like the lottery! I like guessing what grade I would give it and what they actually got. Sometimes you win sometimes you lose!
Yes, it is fun. It can also be costly if you're on a tight budget and have no idea what you're doing.
Thanks for the info.
Thank you
you got that right, damaged parking lot coins and penny boxes on ebay are in 2022 out of this world sky high cost for nothing
Great video bro
In this time in coin looking,very rare to get any coin in pocket change to send off to be graded.
Great videos. My 2019 American eagle silver reverse proof coin is being shipped now. Do you think I should get it graded and if so what service would you send it to. Thank you for the advice and keep up the great videos.
I have a 1957 close to mint Canadian quarter with doubling on Canada and date. Strong doubling. I’m sending it to be graded.
Ya good question and response. I typically won't send in a coin unless I'm certain that the grade it'll receive will make the coin worth more than what I paid for the coin including grading fees. The only caveat I'll say to this is that some people enjoy their collection in slabs. If it's for your own personal collection without regard to liquidation in the future then have at it. Also, some people have collections on PCGS and NGC registries and thus if they bought a coin say in NGC but have a PCGS registry, they may send it in to have it re-graded by PCGS so they can add it to their registry set. I used to buy raw coins however, I enjoy the comfort now of knowing it's relative grade, authentication, and having 3 "experts" deem the coin not to be cleaned/QT etc. I also think it's just a smarter move to buy the coin graded now days. They liquidate better and for more in the market place. Good video keep it up!
Well said.
Love this video 😊
Thanks!
I like mint condition wartime nickels. I got all the war nickels in 65 already. Might not look very impressive but it looks better when you have it in your hand
They are 30 percent silver? THEY HAVE the big P, D. Or S.above the monument? You are lucky? Government tried to get them all back? Jus stinkin thinkin .AWESOME by the way.🐈🐈🐆🐆✌👈🍀
I love war nickels
I know it's a bit after this informative video, but my LCS has a service that allows me to piggy back on them, for a small fee. I don't have to be a PSGS member and pay a per coin fee. They just ship my single coin off with the rest of their lot.
Thiss vid..reallly help pal...thamkks.a millionnm😁😁😁😁😎
Hello and thank you for the education. I have a 1982 d Lincoln cent with the ( L ) missing in Liberty and the we is missing on the reverse side. My problem is I have a ton of 67 quarters in mint shape full feathers and a mirror finish 64’ Washington quarter and several beautiful Lincoln Pennie’s in red
Probably still best to just purchase a graded coin. Not many raw coins in high grades available anyhow :/ on a positive note NGC is grading my eagle as of yesterday so here’s hoping for a 70! Going to be a great gift for my dad regardless of grade.
What web site are you on to look up the worth on coins? It will really help me out thanks. You are one of the top 3 people that got me in to coin collecting . Keep up the good work boss.
PCGS and NGC price guide. Thanks
Always seemed like a good idea to submit any CC Morgans I acquire unless they've been altered or gouged somehow. Have to rethink my position on that now. Hmm...
I watch all your videos.
Thank you
Keep it up. You're doing a good job. Thank you for informing us.
Get them graded only if they are rare.
like a 1944 steel penny ?
But what is the definition of RARE when dealing with coins?
@@hotautos low mintage, coins with not many examples existing anymore, or coins extremely scarce in nice conditions
Hi your very informative!!!! I just subscribed I recently received coins from my mom that just passed and I’ve found a few major errors that I’m sure you would love to see !
No, sorry, I see mint errors every single day. I have a help community that will help you ID them, but minor errors do not add value to a coin. I hope you find something major but it's important to use sites like CONECA variety vista and doubleddie.com and look for those coins.
Thank you Daniel for always sharing your knowledge. I have a handful of westward journey nickel mint rolls, would you suggest I open them to look for speared buffalo or keep them in the wrapper?? & can you send the entire roll in for grading? Is that a bad (expensive) idea??
Chances are slim, what you have is worth over face a bit, once opened not so much. So it's like a scratch off where you win a dollar and that is all.
Thanks for your insight!
Thanks for the knowledge Daniel. I hope I didnt go wrong to join PCGS.. They are sending me a slip. To put my coin in plus they will let me send in just one coin at a time . It is going to be great I just know it will.
Good luck but this business isn't for the faint of heart. PCGS and the others can outright disrespect your coins.
Excellent and truthful video... need more common sense videos to help the average person looking for straight talk.. Thank you
You're welcome and thanks for watching.
Well said.
Hi,i have a 1992 D Penny , MS65 ,1G,Die Gouge,"RIZZ" and a 2001- D Penny Error ,UNC, Brockage and 4 -1968 -D- filled in -UNC Pennys ,and a Blank Cent Planchet ,UNC, coin,and a 1930 Penny, Splitting Planchet at the date coin,and a 1953 Penny ,UNC,Double 3 coin,and a 2000 Penny ,Off Center ,MS 65 coin,and a 1966 Penny ,UNC,Clashed Die,Cross Date Flag ,Curtain,Rev.Inside the Pillars coin ,which one of these by choice would you recommend to get graded?
I tend to purchase the graded coins in NGC capsules, to verify theyre not fakes, and it makes it easier to sell if necessary
Grading companies? Let the buyer beware and the customer is always right is the way to answer them. They aren't behaving like our friends like some have claimed.
That makes sense for modern coins. What about older coins? 100 - 400 years old or older? Is it just a numbers game based on the value of the coin being well above the cost of having it graded?
Coin cost and fees can't be more than the final value of the submitted coin based on the grade.
Oh..Hi... Oh Daniel. Do you allow coins to be sent to you to learn other people as to what i think i may have...and then you learn us as to what i actually got ? Just Stinkin Thinkin! I do not want to risk what i may or may not have by believing i am right cause i would be angry at me!!!!! For putting out $ that could be better spent. I love your no nonsense approach to the whole COIN ENTHUSIASTS Community AND keep up the good work
THANK YOU..and post script..that was kind you mentioned your grandfather in a video.Thank you and bless you 💕
I wouldn't have the time to accept coins like that. I can look at images for you but it's getting to the point I can't keep up.
@@CoinHELPu It is ok. I cannot imagine even i expecting this. I am hooked on your t.v. video though. You MADE me Smile. 💗
What about semi-numismatic coins like modern bullion coins like the Silver American Eagle and other counties silver coins? Many of them (not the American Eagle) are collectible as they change the obverse every year on the Chinese Panda, several Australian coins, and others.
Most of the modern bullion coins are going to get MS or PR/PF69 and even in MS70 they have minimal numismatic value unless they're special mintage like the 1995 W Silver Eagle or some of the gold Pandas. It's actually another video subject all together.
I’m a silver stacker, Respectfully,good to see how the other half live, numismatics coin collectors, Stacking on
Thanks for watching
I have a 1939 wheat penny with the reverse side upside down on the back should I send it in to be graded?
Hi. I was reading an article about the American silver Eagle and this place I was reading the article I don't want to mention.its said that your coin is perfectly minted from the monster box in my case the coin etc dealer I went he opened the box right in front of me.lucky me ahhh? It's that make my coin with high ms+?? And Thanks for your valuable lessons.
Nope, they’re not perfect. Misleading info
Great video! Subscribed! I have a few $5 Gold Indians my mother in law bought me. I was thinking about getting them graded for protection and I don't even know if they are real.😃 I also have a 2023 Morgan and 2023 Peace silver Proofs that I bought from the mint. I was also thinking about grading them, basically to get them in nice holders. What do you think?
Personal decision.
I just got some coins back from PCGS California satin finish quarters that should have been ms69 they said they were all my ms68 I don't see it are they grading the coins harder now
Daniel thanks again for the videos- I found a 1963-D DD0-001 stage B. You think it’s worth sending out?? Looks like MS-65 to me
I always check and see what they have sold for at ebay or Heritage Auctions.
I have a 1971P Eisenhower silver dollar should I send it off to have it graded? Last that I saw it has a value of $9,987.
Hi Daniel ,
I am a collector with a substantial collection of all denominations . I have done my research as you recommend using many different guides . I have been to coin shops when in fact they have tried to take a certain coin to the back room to clean !!! Stating he worked for one of the main coin grading sites for many years that I will not name saying that this cleaning can not be detected . Is there a grading company I can take these binders to and sit with someone and get a recommendation on which ones to grade . I have spent many many hours going through coins and I know of some that should be graded such as 1909 s vdb, 1864 L on ribbon . 1969 full steps .
Many more . Where I struggle with is there are so many where to begin and would like to sit with someone and get there recommendation on which ones to send in and someone I trust ???
You live to far away !
They can be properly cleaned. PCGS and NGC do it and so do many dealers.
Hi, I'm having one cent 1996 D coin which is having some double like errors on the letters.Should I send you the photo for your guidance?
I think to some extent you should know about grading. For instance differentiating a coin that is fair, good, very good, extra fine, almost uncirculated, brilliant uncirculated and mint state. However is it really important to know what distinguishes a Ms 65 say from Ms 70? What makes the professional coin grader an expert who assigns one grade to a coin in mint state from another professional coin grader who assigns another grade in mint state to the same coin? Who do you go with if both are experts but come to different conclusions? Could experts be wrong?
Yes and no. It depends on how you define wrong. It could be you're wrong and the grader was correct. So it is subjective. However, based on studying all these graded coins for a couple of decades I am seeing a lot of inconsistencies.
I have an error quarter coin and I would like to know what it is worth, what should I do?
what about uncirculated State quarters?
I have an 1968 Lincoln penny. Beautiful! Would love for you to see
I have seen rolls of brilliant and red examples.
@@CoinHELPu ... it's bright! I'm no collector, I just like looking for possible treats. I always just turn around and spend it. Lol
I have two 68 Penney's n a79 penny uncirculated do I have to get graded
I'm stuck in limbo I have a 1922 s peace dollar coin but not sure if I should waste the money grading it
I no dont clean coin have one just needs alittle clean when you send it to coin grading do they clean the coins
No they don't. You can call and ask them about conservation. I would call and ask the grading company.
What about high premium modern coins such as 2019 Una and the Lion 2 oz silver proofs? Is it worth grading any low mintage proof coins?
No, not any worth grading
0 seconds ago
I live in Australia.I got a Morgan 1879 CC no grading . Looking my other coins ,he would be MS 68.I dont whant to take the risque to send to USA
I am worryto lost this coin? Can you tel my what to do.Tank you very much.
BOYFRIEND may I PLEASE ask you to do a video on the top GRADING COMPANY'S and which ones for example won't vac a coin...and other questions as to GRADING to SUBMITTING TO get them to the big auction houses.Obviosally...i am continuously being LEARNED off the exceptional KNOWLEDGE YOU provide to us ENTHUSIASTS. I CANNOT THANK YOU ENOUGH!❤❤❤❤❤❤❤❤❤❤🐆🐆🐈🐈🐃🐥
Don’t do FB-Great advice. Collectors need to do their own grading.
I have a 2009 US Mint S proof set in the cases and they look like perfect coins. I have a graded quarter collection and thought about getting the quarters graded. I'm not a member of any grading service so would have to start fresh. Is it worth my time and trouble and investment?
Not for the proofs. You should watch my videos on that.
@@CoinHELPu I did find your video about the proofs after I made this comment. Thanks for the valuable info!
What do you think of sending coins to anacs to get them graded to save money and buying collector coins already graded usually you can buy graded coins cheaper than sending them off
I think it's fine to do that.
Si is no recomendable to certified all the 25 cent coin collection?
I have this 1964 penny error . What do you think should I have the penny graded ? The penny is the size of a dime looks like some sliver on the side mostly copper I think . Has a distorted face . Let me know what you think . Thank you .
It doesn't work that way and youtube comments are not the place to ask questions like this. Join our help community and post an image coinauctionshelp.com/forum/
Just bought a 1901 Gold liberty head double eagle, Fairly low mintage 111,430. Thinking about getting it graded. Do you think it is worth it. Really enjoy your videos
I don't think it would be
@@CoinHELPu Thank You really appreciate your response. Regarding the michigan Shirt, the way Ohio State kicked Michigan's but Sat. I don't think I will wear one either.
I have a 2020 Australian 1 oz .999 Gold Swan it's mintage is 5k it looks great under the scope. Should I have it graded?
No
Do you think it would be worth sending in a 2019 s reverse proof silver eagle, to get graded?
I can't answer that question too early to tell.
Hello
I like your show and also would like to know how much overall cost would be to have 100 average quality Morgan dollars to be Graded including two way shipping and insurance : Thank you - Art
You will have to call PCGS or NGC through their websites for that info. I don't grade coins nor accept submissions.
Hey Daniel. I found something special. It's a 64 P proof set with all coins in set appears to be early/special strikes. 67+ or even better, full step nickel and full band dime! I want to send them to grade but I have no clue what to do. Plz help
I have a video on sending to PCGS and NGC, just do a search
I have a1962 full steps no mint mark nickel.Very nice condition.Would that be worth grading?
Did you looks up the value of each grade on coinfacts.com then compare it to the grading fees and membership fees?
👍🥂
if i buy raw BU morgan’s from apmex do you think it would be worth having them graded?
No I don't.
What is the membership fee to pcgs.could you tell me please
Daniel, thank you for your information. Daniel I'm Michelle. I have a 1948 full bell line, with a dented forehead Benjamin Franklin, about AU. I just want someone to tell me if it's worth trying to get graded. Can I send you a pic of this coin and two other coins I have via email or on community, to see if you think they're worth it.
I have two rare Nichols Indian head with a buffalo on back one it is showing 1929 barely date Sean but you can tell on the other one it don't have any date on it can I send you a picture of it and you can tell me what you think
Value in Morgan selver 1921
Dang wished I watched this before I paid the money for the gold membership.. cool thing about roll searching is you can roll the coins and get your money back. scratchers when you lose all you have is a 30 dollar piece of worthless cardboard...
What's to keep someone from stealing your coin if it's extremely valuable?
They would go out of business plus you send registered mail with insurance.
I just got a 1959 nickle from my grandmother with full steps never been touched looks like just made it yesterday but I have no clue how to sell or grade?
I have a video on grading nickels and when to submit ua-cam.com/video/Wjl5GE3VMog/v-deo.html
@@CoinHELPu thank you... just started getting into coins and I have alot allready ha
Whats ur thoughts on Proof Sets ?
What do you mean? They tend to grade in the PR63 to PR65 the further back you go but 1955 an back are worth sending the Franklin. Just depends on the year and how spotted they're.
I have a 1959 Lincoln cent should I get it graded or just put it up for sale ?
1959 cents are common and if you watch my video I answer your questions
What are the best flips to use for sending in coins and where can I find them?
Safe t flips
CoinHELPu thank you I ordered some flips not long ago but someone told me that they cause PVC damage
Hey Daniel, I had a question about dealing with local coin shops? I feel like they are trying to rip me off. Maybe Im wrong, but I rather ask you, since I dont believe you would steer me wrong. I went into a coin shop and asked how much they would give me for a 1 oz. 2021 type 2 gold eagle in BU condition. The first guy told me he would only offer 1750, (at the time spot price was $1789 according to my KITCO app) I felt insulted because it was below spot price, and he got upset saying i would not find a better price. The second shop told me, that they would only offer $1746, because its hard to find a buyer for a 1 ounce gold eagle in Memphis Tennessee.( My eyes rolled when he said that because i knew he was lying) I understand people need to make a living and have to make money. but I totally felt like they were trying to cheat me. Is this typical among coin shops to offer below spot price for a BU 1 oz gold eagle type 2 2021?
It is typical. I have some modern gold I paid up for and I can't sell it, now gold dropped on me. I usually pay spot but most shops do not unless it's a hot item. 2021 coins are not doing well.
I have a 1964 Roosevelt dime that is in very good condition, very fine lustre with full bands, I am new at this and don't know what to do with it my camera don't take good pictures what should I do?
Look up the value in a price guide and look up how much is cost to submit for grading, they're not worth that much.
@@CoinHELPu thank you sir I appreciate that
What about ms 70 liberated 2023 proof without grade or with grade for 40 dollar difference oh and 1/4 or 1/2 gold?
Use the coinhelpu community to ask coin questions coinauctionshelp.com/welcome-to-coinhelpu-community/
Just watched a video called "Jacks Coin Snacks." Another shooter selling high priced coins. On to the story. He had the vice president of NGC on. I cannot recall the gentlemans name. It was a forum where you could ask questions. I asked one question. Well I asked it more then once lol. Does the large companies like Heritage and Stacks and Bowers get preferred treatment over the common collector? He gave no answer but kept talking about the common collector while he was sitting in this beautiful office. He is so out of touch with reality. I am sticking to ANACS they truly know the everyday collector. If I take a little hit so be it. This pompous man I wouldn't let grade a baseball card stuck in the spokes of my bike. This company is about profit not about the true hard working numismatist. Enough said.
Miles Standish?
I'm sending out a 1962 d red uncirculated Lincoln cent to Anacs.