12 coins received from NGC today - what are your thought?
JWP
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I sent these 12 coins to NGC in late October and just got them back today. I really like the 2 Gold coins, the FEC, and the 3CN. The Morgan's are nice too. Let me know your thoughts. My cost for the12 raw coins at around $2,800 when I sent them in for grading. Thanks in advance for your thoughts
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JWP
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I apologize for the low quality of the photos.
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privatecoin
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Really weak motto on the 1934 quarter. Nice coins though indeed.
Paper money eventually returns to its intrinsic value. Zero. Voltaire. Ebay coinbowlllc
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JWP
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@privarecoin I sent it in as light motto, but may nit have fill out ther submission correctly or NGC thought other wise.
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privatecoin
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@JWP said:
@privarecoin I sent it in as light motto, but may nit have fill out ther submission correctly or NGC thought other wise.Can definitely see more in that picture. I still like it.
Paper money eventually returns to its intrinsic value. Zero. Voltaire. Ebay coinbowlllc
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justindan
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Thanks for sharing the results. Sounds like a solid win for you on the cost vs. value.
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joeykoins
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Other than the "Detailed" return. Very good results!
Congrats
Love those Gold babies.
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JWP
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@dhikewhitney The $2700 was my approximate cost when I purchased the RAW coins. I purchased the gold coins around 18 months ago.
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OAKSTAR
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Nice!! Did you estimate the grades before you submitted them? If so, did they come back close to your estimates?
Disclaimer: I'm not a dealer, trader, grader, investor or professional numismatist. I'm just a hobbyist. (To protect me but mostly you! 🤣 )
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JWP
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@OAKSTAR I did try to estimate the grade and the coins graded better than I thought, except for the 1858 D cent. I'm not very good at grading, so I usually underestimate the grade. I did not see the quarter as coming back Details - cleaned either. I had hoped that the 2 gold coins would grade better. I still came out OK as I feel that i bought the coins at great prices too.
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Steven59
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Nice assemblage of grades. Excellent Gold!
"When they can't find anything wrong with you, they create it!"
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OAKSTAR
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@JWP said:
@OAKSTAR I did try to estimate the grade and the coins graded better than I thought, except for the 1858 D cent. I'm not very good at grading, so I usually underestimate the grade. I did not see the quarter as coming back Details - cleaned either. I had hoped that the 2 gold coins would grade better. I still came out OK as I feel that i bought the coins at great prices too.I'm the same way but I cheat. I've compared raw coins I submit, to graded ones I already have. It actually helps me get pretty close.
Disclaimer: I'm not a dealer, trader, grader, investor or professional numismatist. I'm just a hobbyist. (To protect me but mostly you! 🤣 )
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davewesen
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unless you took a few years acquiring those coins, you bought very well.
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JWP
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@OAKSTAR said:
@JWP said:
@OAKSTAR I did try to estimate the grade and the coins graded better than I thought, except for the 1858 D cent. I'm not very good at grading, so I usually underestimate the grade. I did not see the quarter as coming back Details - cleaned either. I had hoped that the 2 gold coins would grade better. I still came out OK as I feel that i bought the coins at great prices too.I'm the same way but I cheat. I've compared raw coins I submit, to graded ones I already have. It actually helps me get pretty close.
I use a photo grading book when I try to greater raw corn.
Usually I'm fairly close but quite often I'm not.
It's kind of fun trying to greater corn Sunday than see what you get packed though.🙃USN & USAF retired 1971-1993
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JWP
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@Steven59 said:
Nice assemblage of grades. Excellent Gold!Thanks for your comment, I've been holding on to this coins for a while just waiting for the time to cement.
I guess I'm kind of a procrastinator too.USN & USAF retired 1971-1993
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logger7
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Probably about right in grade, (though as one dealer usually tells me on his results "robbed again"), looks like you paid a lot for grading if they all went through regular or standard service.
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JWP
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@logger7 said:
Probably about right in grade, (though as one dealer usually tells me on his results "robbed again"), looks like you paid a lot for grading if they all went through regular or standard service.The gold coins went through on their goal corn fees and the other 10 went through on economy if I remember right. The gold coins were $35 a piece to be graded and the other ones were o $18/23 each to be graded.
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PerryHall
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@JWP said:
@logger7 said:
Probably about right in grade, (though as one dealer usually tells me on his results "robbed again"), looks like you paid a lot for grading if they all went through regular or standard service.The gold coins went through on their goal corn fees and the other 10 went through on economy if I remember right. The gold coins were $35 a piece to be graded and the other ones were o $18/23 each to be graded.
What's a "goal corn"?
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JWP
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@PerryHall said:
@JWP said:
@logger7 said:
Probably about right in grade, (though as one dealer usually tells me on his results "robbed again"), looks like you paid a lot for grading if they all went through regular or standard service.The gold coins went through on their goal corn fees and the other 10 went through on economy if I remember right. The gold coins were $35 a piece to be graded and the other ones were o $18/23 each to be graded.
What's a "goal corn"?
Sorry. I meant to say gold coin fee. Hope you enjoyed my typo. Ha Ha. Me BAD
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JWP
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@Ownerofawheatiehorde said:
Like the bunch, though very undervalued as Tom has said.I just got some good prices for my cost for the coins.
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JWP
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@Ownerofawheatiehorde said:
Like the bunch, though very undervalued as Tom has said.Buying coins below thier value is not a bad thing
The seller sets the price, I just buy if I like the coin at their price.
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joebb21
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A piece of advice- When submitting sub $300 coins, also write on the submission $300
When the gold is in the $3000 or less category, always write the value is $3000.This will be helpful if you ever have to file an insurance claim.
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JWP
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@joebb21 said:
A piece of advice- When submitting sub $300 coins, also write on the submission $300
When the gold is in the $3000 or less category, always write the value is $3000.This will be helpful if you ever have to file an insurance claim.
Thanks, never looked at it that way. Thanks for bringing this to my attention. I will do that in the future.
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JWP
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I think imaging has an extra fee for it.
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Answers
Can't tell much about the coins in the images, but it appears you undervalued them when doing the submission.
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$2700 seems undervalued for the coins given the run up in the gold. Other than that my thought is “ Coin graders got to eat too.”
Like the bunch, though very undervalued as Tom has said.
Type collector, mainly into Seated. -formerly Ownerofawheatiehorde. Good BST transactions with: mirabela, OKCC, MICHAELDIXON, Gerard
Aren't they improving their imaging with 100% availability in all submissions? All you have to do is plug in the cert. number.
Also recommend checking out Coinfacts on the PCGS website which has current auction records.