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Would Anacs be ok for my first coin submissions?

I have around 10 coins I would like to get graded. I want to see how I am at grading. The reason I ask is their 10 coin for $100.00 . This seems like a good deal especially with my limited budget, as opposed to the $30.00 a coin through PCGS as I am only a silver level member. Do you thinks this is ok for someone submitting for the first time to get there feet wet. Would there be any drawbacks to using them? One more ? When I have taken some of the proofs out of the mint wrapping some seem to have dust or small particles on them, do you rinse them off before you submit them, or just send them in as they came out of their packaging?

Comments

  • goose3goose3 Posts: 11,471 ✭✭✭
    If they are moderns, and you are planning to resell them. I wouldn't use anacs.

    If they are older circulated coins and may possibly have slight problems, then I would use them.

    you can always join the PCGS club for the 99.00. read about it here on the site. I think you get 4 free gradings and that entitles you to submit for considerably less than 30/coin if you use the economy service.
  • rikker,
    If you get to any larger shows,anacs will look and verbally grade them for free.You may want to wait for anacs` opinion BEFORE you rinse or do any other enhancements to the coins.
    If you don`t get to larger shows,I`d recommend submitting to anacs as they`d be the cheapest and often they will give you a brief note about why a coin is net graded or graded lower than expected.
    A dealer once asked me if I noticed any three-legged buffalos on the bourse,to which I replied,"...no,but I saw alot of two-legged jackasses..."
  • If you just want to "check" your grading, take the coins to a local show or local dealer, and explain that you are uncomfortable with your grading abilities, and ask politely if the dealer would agree with your assigned grades. If it's just 10 coins, you SHOULD be able to get an opinion for free, one time. If you consistently ask for "free" grading, you may get the cold shoulder after a while. If a dealer senses that you are a beginner, they will most likely offer some help. No need to spend $100 to confirm your grading opinion on what sounds like modern, mint/proof set coins. Unless of course, you like to spend money image Good luck.
    BigD5
    LSCC#1864

    Ebay Stuff
  • rikker,
    If your 10 coins are dated after 1965, you should be able to get them graded by PCGS at $12 per coin and NGC will grade moderns from 1955 and up, for $11 per coin.
    Gary
    image
  • at $30 a coin at pcgs. I think you are talking pre 65 coins. I sent 10 seated coins into anacs that I bought off ebay.
    2 were original. It took over 2 month to get them back. I think it is much better to send the pre 65 stuff to anacs,
    unless you have a coin nice enough to justify the $30 at pcgs. At anacs for $15 you can get them back in a lot faster any you
    only need send in 5 coins. I like this option. I've sent in a bunch of moderns to pcgs they have a pretty quick turn around.
    mint sets are cheep and you can cherry pick the best to send in. I like to see how my grades stack up to the professsional
    graders (Its a fun part of the hobby).

    I wouldn't rinse proof coins.
    Joe

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