I have a question for you coin dealers...

[CrazyJays]

I want to fined a company to grade coins.
Does anybody know where i can find a good place to do this?
With out paying a arm and a leg to get them graded?

[suesjools]

Hi Jay, don't know much about coins meself, but am bumping this up so hopefully someone who does can answer.

Best wishes for many sales to all,

[burgyeb]

I have gotten free gradings of coins done at coin shows by top tier grading companies, like NGC, PCGS, and experienced graders. I have also gone into experienced local coin shops and casually asked what they would pay for a coin. Also asked what coin was actually worth. They told me both, with no concern that I was aware that they would rip me off. This same coin shop will charge a steep fee to offer a written valuation on a coin.

I personally only put confidence in certified evaluations done by the top three graders in the USA.

[bykimbo]

I know I could google this, but since you folks obviously already know... what's "coin grading"!? I mean, it seems fairly obvious what it means, but why is it necessary? Ta!

[gbsbks2010]

A bit like stamps....the better the quality, the more you would be expected to pay.

If you look at the coins in your pocket, some will be shiny because they are new and others will be worn and dirty. Age them by 50 or 100 years and if you found the shiny coins to be still shiny they would be worth more to a collector. The coin grading would be anything from uncirculated coin to a coin that was worn smooth so there would be several prices involved for what appears to be the same coin.

[bykimbo]

A bit like stamps....the better the quality, the more you would be expected to pay.

If you look at the coins in your pocket, some will be shiny because they are new and others will be worn and dirty. Age them by 50 or 100 years and if you found the shiny coins to be still shiny they would be worth more to a collector. The coin grading would be anything from uncirculated coin to a coin that was worn smooth so there would be several prices involved for what appears to be the same coin.

Thank you. So why does it have to be done professionally? With everything else we sellers just give our own view.

[gbsbks2010]

Ah, but only the "professional experts" can tell you whether it is real or not, whether it is valuable or not, at a price of course!

[burgyeb]

The grade of a coin can go from 1 - 70, denoting condition. Grading coins is an art form that takes years to master. Professional grading helps to assurre the value of the coin. A coin in top pristine condition can be worth 1,000 times or more than a coin in less valued condition. You also have to be concerned about fakes and fraudulent coins, as much money could be lost.


This was a neat, succinct link to an explaination on grades of coins, and the professional companies that grade the coins.

http://www.nostomania.com/servlets/c...insGradingMain

[gbsbks2010]

Luckily there are collectors who just enjoy collecting and will be able to see that "a" coin is in better condition than "b" coin and "a" coin would be better in their collection.

[burgyeb]

Luckily there are collectors who just enjoy collecting and will be able to see that "a" coin is in better condition than "b" coin and "a" coin would be better in their collection.

So true. There are many collectors who prefer circulated coins. I have coins that are circulated and certified (graded). I love both types.