Is this worth getting gradded

[drcaulfield]

Not a roll find but found this in my grandmothers house. Wanted people's opinion if its worth sending to get graded? Thanks for the advice.

 

[archertiger3]

i would

 

[BuffaloBoy]

No, it has a fairly large mintage compared to others, plus I would like to hold the physical gold in my hand... it would not really increase the value slabbed in the current grade.

 

[LooseChange]

There really is only one reason to have it slabbed/graded - to prepare to sell it.
Don't and Don't - Don't grade it and Don't sell it.
Keep it in its current form and enjoy it.

 

[DeepseekerADS]

I would get this coin graded, due to my own experience. The coin trade is a slanted hobby.

In 1981 I purchased a Standing Liberty quarter graded MS-65 at a coin show for premium bucks. I thoroughly examined the coin with my amateur opinion and agreed with the grade.

Last year, 31 years later, I went to a coin show with the coin just to find out what it was worth. The dealer I showed it to said it was circulated AU-58 - an enormous downgrade in worth. I've not have it graded yet, but will before I ever display it again. Then I'll find out who was taking me for a ride, either the coin dealer who sold it to me, or the dealer who wanted a quick hit.

Even though your coin is a common year, the difference in value to the pros can be potentially far greater than leaving it to the opinion of someone who just wants to profit off of you.

Let the buyer, and seller, beware. The collectible coin business is pretty rough.

 

[wvwildman]

what happened to sentimental value if it was my grandma's i wouldnt care how much it was worth i would keep it forever not sell it i guess there's a lot of people out there that dont care about sentimental just out for a quick buck

 

[sagittarius98]

I would slab it.

Also, this belongs in the "Coins" section more.

 

[FormerTeller]

what happened to sentimental value if it was my grandma's i wouldnt care how much it was worth i would keep it forever not sell it i guess there's a lot of people out there that dont care about sentimental just out for a quick buck

No need for personal attacks. Sentimental value is fine, but different people have different circumstances. A coin worth $1,500+ can help out in ways that grandma probably would have approved of.

 

[wvwildman]

wasnt an attack just a simple ?

 

[drcaulfield]

I would slab it.

Also, this belongs in the "Coins" section more.

Understand but I spend nearly all my time reading this particular forum I have learned there are some very knowledgeable people in this section. Some whose opinion and knowledge I value vs a random post in a section I don't generally read


Thanks for all the opinions. I don't plan on selling it just didn't know once its sealed and graded if that's a better way to hold it than leaving it in the met life envelope I was given it in. As I stated was just searching for a opinion from people I had been reading for a couple months

 

[silas1128]

wasnt an attack just a simple ?

Huh? might not of been an attack, but it was close. And even if it had sentimental value, getting it slabbed would protect it from any future damage...

 

[ArkieBassMan]

As someone above stated, the only real reason to have this coin graded would be to get the highest possible dollar when selling. By getting it graded by a reputable company, potential buyers know that it is genuine and not conterfeit as well as the exact grade of the coin and can therefore bid accordingly with the confidence that they will receive exactly what they're bidding on.

If this is something that you never intend to sell, then personally I would forgo the expense of having it graded and just buy one of those clear hard plastic cases.

 

[TimZim]

Unless the coin is mint or very rare its not worth it. But its up to you. Its not cheap to slab it. I had a coin shop send 4 gold coins out for me and he switched two of them. I lost about $600.

 

[OtlFrutiger]

I think if you slab it, you will be less likely to sell it because of the investment. I say slab it.

 

[mercury1]

There really is only one reason to have it slabbed/graded - to prepare to sell it.
Don't and Don't - Don't grade it and Don't sell it.
Keep it in its current form and enjoy it.

+1. It's nice to be able to handle a beautiful coin like that. Carefully of course.

 

[FormerTeller]

wasnt an attack just a simple ?

what happened to sentimental value if it was my grandma's i wouldnt care how much it was worth i would keep it forever not sell it i guess there's a lot of people out there that dont care about sentimental just out for a quick buck

I call it like I see it. Not trying to tick you off, but IMO you came across as rather harsh.

 

[GarouLady]

I love finding stuff like that. I was feeling nestalgic (sp?) and went through my dad's coins. We would go together to coinshows each year and he would buy some buffalos and morgans/peace dollars and I would buy my foreign dump bin goodies and silver bullion (hey I was 15 years old in the 1980's, so sue me). I just went through his wheat pennies and I found a 1920 and a 1915D. Not worth much but it's still neat to find old coins like that. My mom and brother know where all my silver and coins are. my neice gets my coins and 2 morgan dollars and my mom will get the rest in the event of my death.

I wouldn't send out the coin to get graded, but I would do some websearching to see what the census is for price-wise. sweet find by the way.

Sincerely, Garoulady

 

[CoinFetcher]

slabbing gold ain't cheap.

And unless it's a conditional rarity - or low mintage - the overwhelming answer is NO.

Put in a hard plastic airtight , or just fondle the hell out of it.

 

[vetarun]

I would have it slabbed. I was showing my relative a silver dollar and he bobbled it and dropped it. It hit the carpet and bounced up and hit the coffee table. Thank goodness he didn't damage it. I even warned him to be cautious before I let him look. Gold is more soft than silver. One good drop and you will have a ding that would make it ungradable. At least find a proper sized plastic holder made for that coin. Not a close fit that would allow it to rattle. Gold also wears easier than most metals. The more you fondle it and hold it in your hand the less it could be worth. I send a lot of coins out to be graded. That doesn't mean I want to sell. Nice coin btw.

 

[sagittarius98]

nestalgic (sp?)

nostalgic

Use Firefox, and you'll have a spell checker installed.