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Key:
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Joined: Oct 2008
Posts: 31,579 Likes: 136
Grumpy Old Man
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Grumpy Old Man
Joined: Oct 2008
Posts: 31,579 Likes: 136 |
I’ve been trying to find a legit source to certify and grade some things I inherited from dad.
I’ve got a few coins that are (for conversation, let’s say) worth a bit more than face value.
I’m having difficulty finding a way to get these coins graded, certified and appraised legitimately.
There’s plenty of information on the internet that points to shady outfits who want you pay them or send them your coins.
That ain’t gonna happen.
So my question is do any of you guys have a recommendation for someone (or some outfit) who can be trusted?
I hate making a good first impression. There’s no way I can keep that shit up.
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Joined: Aug 2001
Posts: 81,879 Likes: 513
GUVNER
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GUVNER
Joined: Aug 2001
Posts: 81,879 Likes: 513 |
I’ve been trying to find a legit source to certify and grade some things I inherited from dad.
I’ve got a few coins that are (for conversation, let’s say) worth a bit more than face value.
I’m having difficulty finding a way to get these coins graded, certified and appraised legitimately.
There’s plenty of information on the internet that points to shady outfits who want you pay them or send them your coins.
That ain’t gonna happen.
So my question is do any of you guys have a recommendation for someone (or some outfit) who can be trusted? Call a coin shop and ask them if they submit coins for grading. They will charge you a fee to do it for you, or you can save yourself some money and submit them yourself. If you follow the directions there should not be a problem. Folks send coins worth 5 and 6 figures to them on a regular basis. Most folks prefer to use one of the two most popular grading companies. PCGS or NGC. PCGS graded coins usually get higher value returns than NGC graded coins but it really doesn't matter. PCGS generally costs a little more for grading than NGC, but a lot of that can depend on the coin. https://www.pcgs.com/serviceshttps://www.ngccoin.com/submit/how-to-submit/
"Never Trust Government" -- Smart people.
"The Great thing we should Fear and the Weird Thing we Trust is Elon Musk" -- Me
"You can be broke but you cant be poor." -- Ruthie-May Webster
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Joined: Nov 2009
Posts: 2,966 Likes: 14
10 point
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10 point
Joined: Nov 2009
Posts: 2,966 Likes: 14 |
Tell ChatGPT to grade it for you. It might work
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Joined: Sep 2012
Posts: 17,217 Likes: 24
Old Mossy Horns
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Old Mossy Horns
Joined: Sep 2012
Posts: 17,217 Likes: 24 |
I love looking at old coins....
Did you know that Beer Nutz are over a Dollar...and Deer Nutz are under a Buck...
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Joined: Oct 2008
Posts: 31,579 Likes: 136
Grumpy Old Man
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Grumpy Old Man
Joined: Oct 2008
Posts: 31,579 Likes: 136 |
Thanks Skinny. I did make a profile with PCGS but they wanted to sell me a subscription with various levels and that sends up red flags for me immediately. But I’ll check into it a bit deeper. 👍
I hate making a good first impression. There’s no way I can keep that shit up.
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Joined: Apr 2000
Posts: 13,330 Likes: 23
Booner
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Booner
Joined: Apr 2000
Posts: 13,330 Likes: 23 |
Pretty sure my ex has an O stamped silver dollar from the 1800's. Best i can figure, it's worth in the 6 figures. Damnit
The harder I practice, the luckier I get.
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Joined: Sep 2012
Posts: 17,217 Likes: 24
Old Mossy Horns
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Old Mossy Horns
Joined: Sep 2012
Posts: 17,217 Likes: 24 |
Pretty sure my ex has an O stamped silver dollar from the 1800's. Best i can figure, it's worth in the 6 figures. Damnit Dammit X2...
Did you know that Beer Nutz are over a Dollar...and Deer Nutz are under a Buck...
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Joined: Aug 2001
Posts: 81,879 Likes: 513
GUVNER
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GUVNER
Joined: Aug 2001
Posts: 81,879 Likes: 513 |
Pretty sure my ex has an O stamped silver dollar from the 1800's. Best i can figure, it's worth in the 6 figures. Damnit Dammit X2... The O just means New Orleans mint. 6 figures is highly unlikely. Its most likely under 4 figures, and probably most likely under $150.
"Never Trust Government" -- Smart people.
"The Great thing we should Fear and the Weird Thing we Trust is Elon Musk" -- Me
"You can be broke but you cant be poor." -- Ruthie-May Webster
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Joined: Jan 2005
Posts: 17,388 Likes: 204
Old Mossy Horns
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Old Mossy Horns
Joined: Jan 2005
Posts: 17,388 Likes: 204 |
There's a coin place, or two around my neck of the woods. I need to do the same. Got a box of coins I have no idea about.
Character is not developed in moments of temptation and trial. That is when it is intended to be used.
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Joined: Apr 2000
Posts: 13,330 Likes: 23
Booner
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Booner
Joined: Apr 2000
Posts: 13,330 Likes: 23 |
Pretty sure my ex has an O stamped silver dollar from the 1800's. Best i can figure, it's worth in the 6 figures. Damnit Dammit X2... The O just means New Orleans mint. 6 figures is highly unlikely. Its most likely under 4 figures, and probably most likely under $150. there was something special about it. They inherited several and there was something about the O stamped one. You may be correct tho.
The harder I practice, the luckier I get.
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Joined: Aug 2001
Posts: 81,879 Likes: 513
GUVNER
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GUVNER
Joined: Aug 2001
Posts: 81,879 Likes: 513 |
Unfortunately, for most folks, when they inherit the shoe box of silver dollars they find out that the majority of them are what you call Cull Silver Dollars which means they are only worth the silver weight in them. You can buy them for about the same price of silver or less at most coin shops. Better condition coins, rare varieties and such though can fetch high prices. If grand daddy was a real collector though, then some of those coins can be real high dollar coins. This company has cull silver dollars for just under the price of silver right now. https://bullionexchanges.com/1878-1935-silver-morgan-peace-dollars-below-cull-random-year
"Never Trust Government" -- Smart people.
"The Great thing we should Fear and the Weird Thing we Trust is Elon Musk" -- Me
"You can be broke but you cant be poor." -- Ruthie-May Webster
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Joined: Oct 2008
Posts: 31,579 Likes: 136
Grumpy Old Man
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Grumpy Old Man
Joined: Oct 2008
Posts: 31,579 Likes: 136 |
Then, even when you verify that you have one that’s worth 4 or 5 digits, that isn’t money until you find the particular collector willing to pay for it.
I hate making a good first impression. There’s no way I can keep that shit up.
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Joined: Aug 2002
Posts: 23,788 Likes: 46
Freak of Nature
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Freak of Nature
Joined: Aug 2002
Posts: 23,788 Likes: 46 |
I had several silver coins and my Grandma’s dominos in a safe deposit box. Didn’t check it for years and when I did the box was gone
and different people work at the bank and nobody has any clue what happened. If you keep a safety box Id check it a couple times a year.
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Joined: Aug 2001
Posts: 81,879 Likes: 513
GUVNER
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GUVNER
Joined: Aug 2001
Posts: 81,879 Likes: 513 |
Then, even when you verify that you have one that’s worth 4 or 5 digits, that isn’t money until you find the particular collector willing to pay for it. Thats why you get it graded. If its graded and is a high digit coin its very liquid and most dealers will be willing to pay close to full retail for it. You can take the graded coin and shop it around to dealers fast till you find the highest buyer. If its not graded then dealers will be all over the place on what they will give you.
"Never Trust Government" -- Smart people.
"The Great thing we should Fear and the Weird Thing we Trust is Elon Musk" -- Me
"You can be broke but you cant be poor." -- Ruthie-May Webster
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Joined: Jan 2001
Posts: 29,728 Likes: 165
Freak of Nature
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Freak of Nature
Joined: Jan 2001
Posts: 29,728 Likes: 165 |
Oh, what the hell. You can't take it with you and I like you so I'll give you 5% over face value, sight unseen.. 
Lord, please help us get our nation straightened out.
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Joined: Apr 2000
Posts: 13,330 Likes: 23
Booner
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Booner
Joined: Apr 2000
Posts: 13,330 Likes: 23 |
The harder I practice, the luckier I get.
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Joined: Apr 2010
Posts: 3,988 Likes: 26
10 point
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10 point
Joined: Apr 2010
Posts: 3,988 Likes: 26 |
Then, even when you verify that you have one that’s worth 4 or 5 digits, that isn’t money until you find the particular collector willing to pay for it. This
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Joined: Aug 2006
Posts: 10,749 Likes: 26
8 point
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8 point
Joined: Aug 2006
Posts: 10,749 Likes: 26 |
That's the thing about possessions. They are always going to belong to someone else eventually.
Two roads diverged in the woods and I took the one with deep ruts,hills and mud.It may be bumpy but WHAT A RIDE!
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Joined: Oct 2008
Posts: 31,579 Likes: 136
Grumpy Old Man
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Grumpy Old Man
Joined: Oct 2008
Posts: 31,579 Likes: 136 |
Oh, what the hell. You can't take it with you and I like you so I'll give you 5% over face value, sight unseen.. Oh man. What a deal. Thanks. 😊
I hate making a good first impression. There’s no way I can keep that shit up.
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Joined: Oct 2008
Posts: 31,579 Likes: 136
Grumpy Old Man
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Grumpy Old Man
Joined: Oct 2008
Posts: 31,579 Likes: 136 |
That's the thing about possessions. They are always going to belong to someone else eventually. Yeah I’ve got a lot of possessions. Looks real good on paper but almost all of them cost something and make nothing. 🤷♂️
I hate making a good first impression. There’s no way I can keep that shit up.
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