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- - what are the reputable coin graders? (http://goldismoney.info/forums/showthread.php?t=130076)

Darkside | 04-24-2007 10:32 AM
what are the reputable coin graders? which companies are reputable coin graders? I would like to get some coins graded and I was hoping it wouldnt be too expensive. what is the typical charge to grade an uncirculated silver eagle out of us mint box?

sliver | 04-24-2007 10:48 AM
Re: what are the reputable coin graders? PCGS is the only one I might buy. In a recent thread someone said the cost of getting a SAE graded would be about as much as the coin cost to buy.

j-son | 04-24-2007 10:51 AM
Re: what are the reputable coin graders? i sent some coins in to ngc....sent in 20 coins and had them label them early release....it came out to $15 per coin including shipping. expensive stuff. but from the 20 coins sent in i got 14 69 grades and 6 graded perfect 70

Darkside | 04-24-2007 10:54 AM
Re: what are the reputable coin graders? Quote:
Originally Posted by j-son (Post 583804) i sent some coins in to ngc....sent in 20 coins and had them label them early release....it came out to $15 per coin including shipping. expensive stuff. but from the 20 coins sent in i got 14 69 grades and 6 graded perfect 70
So you came out with coins valued higher than what you spent altogether or no?

Turner-son | 04-24-2007 11:07 AM
Re: what are the reputable coin graders? Quote:
Originally Posted by j-son (Post 583812) overall i wouldnt do it again. i spent $8300 on the 20 gold coins and grading. after i sold the 20 coins and including all fees involved with selling, i sold the coins for $8400.....so i wasnt thrilled with my experiment...not enough money to be made and too much potential for loss with bad grades.
Yeah, that's only a 1.2% gain.

Anty Ep | 04-24-2007 01:06 PM
Re: what are the reputable coin graders? Quote:
Originally Posted by j-son (Post 583812) overall i wouldnt do it again. i spent $8300 on the 20 gold coins and grading. after i sold the 20 coins and including all fees involved with selling, i sold the coins for $8400.....so i wasnt thrilled with my experiment...not enough money to be made and too much potential for loss with bad grades.
and a damnable waste of time. yet, a worthwhile experience. if you learn from it! I just sorted through half a brinks box of 50 cent pieces. took me and a helper about two hours and we moved fast. got ZERO silver ones. unless I hit pay dirt in the remaining $500 I will never repeat this exercise again. it will be fun for no return and only a loss of time exactly once. I wont make the mistake again. times too precious-

Anty Ep | 04-24-2007 01:08 PM
Re: what are the reputable coin graders? Quote:
Originally Posted by Darkside (Post 583778) which companies are reputable coin graders? I would like to get some coins graded and I was hoping it wouldnt be too expensive. what is the typical charge to grade an uncirculated silver eagle out of us mint box?
anyhow it's PCGS and NGC and ANACS. all the rest are second tier if good and the third tier are just silly as far as I can tell. I just bought a lot of mixed slabbed coins off ebay and the only ones graded right were PCGS and NGC and ANACS. the rest were laughable.

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