How many of you have NEVER submitted a coin to a "third party" grading service?

lclugza

How many of you have NEVER submitted a coin to a "third party" grading service such as PCGS or NGC?

And I would appreciate you telling why you have never submitted a coin.

FrankHKP7

I haven't yet. I don't have enough raw coins that feel I would make the grades to offset the $200 membership fee. Once I have eight I feel are worth submitting I plan on posting pics to get a consensus opinion from the board membership.

Pennycase

I haven't and will most likely never send a coin off to a third party grading service, I break coins out of slabs. It would be ignorant for me to send them off to just break them out again . The only coins that I keep in holders, are coins that I can buy far below the value, and still resell below the value, even though that's not always the case, I get a lot of the " you wanna come down on the price " speech. But, it's once in a blue moon that I'm able to buy a slabbed coin for half of the retail value.

Myqqy

Up to this point in time, I've found it easier to just purchase coins from others that have already been slabbed. If I happen to start coming across outstanding cameo frankilns that are raw (which hasn't happened much yet), then I would probably start submitting.....

AJ2525

I haven't either. If I ever get to coins worth the submission price I can see myself doing so. It's just not a priority, my accumulation keeps me happy the way it is. The only slabbed coin I've ever owned I owned long enough to take from an auction to a coin shop where I traded it for a few proof sets. I thought it was a good deal, bought for $34, traded in for $50+ in proof sets.

In case you care it was a 1937 Buffalo in MS66.

coppercoins

I never have and won't say I never will...but the only reason I ever would is to resell the coin at a profit. I have no interest in collecting slabs.

mr3holesinone

I have never submitted a coin for grading. The only reason I would is that I like them slabbed as I feel they are safest from damage that way.

Why I haven't submitted. I don't plan on selling any coins for 20-30 years. Grading standards WILL change so why pay for a grade that will be useless in five to ten years?

aem4162

me.

the only coins that i have that might be worth slabbing are my first flight set and some SAEs, but i bought them because i thought they were cool

LikeMike

I havent yet but plan on it as soon as I my eye is tuned in. I have been purchasing slabs and raw and getting to know the standards enough to put together a worth while submission.

nederveit

Nada here.

sliderider

I haven't yet becuase it's simply not worth it for me as most of the raw stuff I have would either bag or grade so low that it wouldn't be worth the fee. I will be soon, though, as I have some nice raw silver Roosies and Mercs on the way that look promising.

PutTogether

I never have. Not worth the trouble. I do have some higher graded coins that are IN slabs because I bought them that way, but its only cause I could only find them in slabs.

I've broken about 15 slabs to fit into my Dansco set.

kranky

I haven't. Frankly, from what I have read here over the years it just makes people miserable so I don't know why I'd want to do it.

Someone likes a coin and sends it in. It grades out lower than they hoped for. Now they are either upset with the grading service, or no longer like the coin as much. If it grades out where they expected, what's the benefit? It's the same coin, graded just as they had expected, but now they are out a grading fee.

If I was trying to make a buck in coins, that would be a different story though.

EvilMCT

The only reason that I have slabs at this point are because I buy coins from online auctions.

Ken

dorkkarl

i have submitted several coins - for ATTRIBUTION & AUTHENTICITY.

never for grades though.

K S

cladking

Most of what I do is trade raw coins, tokens, and medals with other collectors. Everything
possible is done to keep down costs on shipping the mostly low value items. There's not
much point in slabbing them and many can't be slabbed.

Since I've never sold a high grade coin, there's no need to slab these either.

When I start selling I'll be a customer of the services.

OKbustchaser

No, I have liberated a few, though.

Jim

Nysoto

I have never submitted a coin to a TPG company. The reason is because I already know the coins grade, and don't need to spend $30 for a second opinion that is biased and inconsistent.

If I sell my coins in 20 years or so, I may get them graded by a TPG, depending on the where and how they are sold. Or the auction company may have them graded. I own slabs that were previously graded, others that have been cracked out.

Bill

smselvek

I haven't...
I've only been collecting for a couple months on a very restricted budget. Thus I only own a few coins and just have wanted to slab anything yet. But I have a CC morgan coming my way in the next few months that I'll probably get slabbed.

KollectorKing

me, myself and I, have never, ever submitted a coin to a TPG, and never will...that...is a promise.

Conder101

Never have and never will. Why? Because I am fundamentally opposed to the concept of grading services. If I want a second , third, 7,429th opinion on the grade of a coin I can get it for free. And any opinion is subjective and so open to debate.

Authenticity is another matter. That is usually objective. This is real or fake and here are the specific proofs as to why or why not. Results upon reexamination by someone else are repeatable. For that reason I did approve of the early ANACS and the later ANAAB that only did authentication. Unfortunately today there are no services that concentrate on authenticity, just subjective grade opinions.

Askari

Yo. I see it as a useful tool for authentication (excluding AT) where there are lots of fakes. It's also an option for storing and protecting very high-grade and/or very rare coins. Beyond that, I collect coins, not plastic cases containing coins.