Hey guys
I pulled a real nice 1931-s last month. I decided to send it out. Just got it back and I'm very pleased with the grade. xf-40 brown. This is prob my best penny I've ever pulled. Thanks for looking
Great find! And a high grade semi-key coin. That had to have come from a dumped collection.
My general rule on whether to grade a coin is this: if having it in a holder increases the selling price by more than what I could sell it for raw (adding in the fees), then I send it in.
For example, I bought a 1912 S nickel at a shop. It was priced at a F12 price, but looked like F15 or maybe VF20. I haggled, bought it for $180, and sent it to pcgs with 4 other coins. At the time, the charge was $18-20/coin + shipping. It came back F15. The pcgs price for F15 is $330. It will definitely sell for a lot more in the holder than it would raw claiming it to be F/VF.
Another example: I have a '55 dbl die cent I bought raw on eBay (in 2004) as XF for $700. I sent it to pcgs and it came back AU50! It lists in pcgs price guide today at $2000!