Do you send your raw (uncooked ) coins in for grading?
stman
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Just wondering if people feel a need to send in raw coins for grading or are they happy with the way they are. Also, is there a certain dollar amount to where you feel a need to send it in or it doesn't matter? Thanks for any input. I'm just curious on this matter and no certain reason for starting this thread.
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But in general, I think that around $100 or so is kind of the breakpoint where you might want to consider getting a raw coin slabbed. Of course, if you're not going to sell it sight unseen then it doesn't really matter.
I like the protection they offer.
I like to keep most of my Morgans raw. I only own a handful of slabbed coins maybe 25 in all 20 of them are Morgans and the rest are walking Lib's
But for the most part to me raw is the best and the Funnest If funnest is a word.
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K S
I thought it is interesting that the auction house slabs your consigned coins. Which houses have done this for you? What percentage of the coins consigned raw are handled this way. My interest has more to do with the raw coins that are not slabbed in major auctions. It is my experience that raw coins likely to fetch over a thousand dollars when they appear in major auctions ( Stacks may be an exception) are problem coins or over graded by the catalogers. Sometimes the auction houses say that the consignors prefer them auctioned raw. Never made any sense to me unless you are talking a unique coin.
naturally, cost of slabing ends up getting passed on to you, but if you submit your coins the way i suggest, you can get in on the volume discount. bonus little hint, anacs acts "hush hush" about it, but they will give you an extra break on submission costs over & above their "sales price" if you ask nicely, so my dealer-buddy says.
last thing, only a small # of my coins goes the auction route, pretty much the "moderns" i've picked up, especially w/ varieties. i do very well selling the early stuff direct to dealers at shows.
K S
Thanks
Allen
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1. Is the coin so nice that I want to help protect it against damage?
2. Is the coin something I will sell?
3. Is the coin something that will go into a registry set?
4. For the heck of it (which is really some combo of above)