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Question: Do you max out your coins before trying to sell them?

RYKRYK Posts: 35,797 ✭✭✭✭✭
in U.S. Coin Forum
Do you?

I have mixed feelings on the matter. On one hand, the coin speaks for itself no matter what the holder says. On the other hand, some people rely on the holder to determine the grade, and many won't buy the MS-65 coin for MS-65 money if the coin is in a 64 holder.
My Box of 20: https://pcgs.com/setregistry/collectors-showcase/box-20/ryks-gold-box-20/17132

Comments

  • RYKRYK Posts: 35,797 ✭✭✭✭✭
    No one really wants to answer this one. image
    My Box of 20: https://pcgs.com/setregistry/collectors-showcase/box-20/ryks-gold-box-20/17132
  • CoinosaurusCoinosaurus Posts: 9,631 ✭✭✭✭✭
    You have to. You are leaving good money on the table if you do not. Unfortuntely, that's how the game works......
    Newman Numismatic Portal, www.NewmanPortal.org
  • ERER Posts: 7,345 ✭
    No, never have.
  • MyqqyMyqqy Posts: 9,777 ✭
    How about you RYK? Do you max out your coins? image
    My style is impetuous, my defense is impregnable !
  • RegulatedRegulated Posts: 2,992 ✭✭✭✭✭
    Oddly, on the two occassions when I have advertised upgradable coins as such (leaving a little money on the table to boot), they did not sell, I merely got nasty emails from people suggesting that I was trying to take advantage. Both pieces upgraded and brought more than I would have sold them for otherwise, and I decided to stop wasting my time.

    What is now proved was once only imagined. - William Blake
  • coinbufcoinbuf Posts: 11,494 ✭✭✭✭✭
    I seldom sell and even then its just the dups or less appealing coins, so to answer your question no. But I would if I were to sell a handfull of my better coins, say my 09-SVDB in a rattler. The price between 64 and 65 is pretty big.
    My Lincoln Registry
    My Collection of Old Holders

    Never a slave to one plastic brand will I ever be.
  • RYKRYK Posts: 35,797 ✭✭✭✭✭
    How about you RYK? Do you max out your coins? image

    Fair enough. I do very little direct selling of certified coins. My inclination is to leave the coins alone and let the market decide. I am learning that there are several schools of thought regarding handling "undergraded" or "possibly undergraded" coins:

    1. Try to get the coins into the highest grade holder.
    2. Leave the coin in the undergrade holder, but where possible, add a qualifier like "old green holder" or "should be two grades higher" or "graded recently when PCGS was tight" to try to push up the price. This works with varying success.
    3. Leave the coin alone and let the market decide.
    My Box of 20: https://pcgs.com/setregistry/collectors-showcase/box-20/ryks-gold-box-20/17132
  • stmanstman Posts: 11,352 ✭✭✭✭✭


    << <i>Do you max out your coins before trying to sell them >>



    No, I let the dealers do that. Then when they offer first "shot" I know I'm special!
    Please... Save The Stories, Just Answer My Questions, And Tell Me How Much!!!!!
  • CoxeCoxe Posts: 11,139 ✭
    It seems irresponsible not to try to get them in PCGS (and secondarily NGC) holders and go for upgrades where you can. Money is money. Fees sort of dictate which borderline ones make sense to do though. I was thinking of seeing if I could work a bulk deal to give my NGC and ANACS set DMPLs (good luck, I know) shots at crossovers before I take them to market. I never have personally been a cheerleader for slabs, one over another. It's just common sense when you go to sell.
    Select Rarities -- DMPLs and VAMs
    NSDR - Life Member
    SSDC - Life Member
    ANA - Pay As I Go Member
  • TomBTomB Posts: 21,457 ✭✭✭✭✭
    No, I don't do that. Of course, I price my coins based upon the qualities of the coins and not the qualities of the insert. Therefore, many people disqualify themselves from my coins because they are too tied to a guide or stated grade.
    Thomas Bush Numismatics & Numismatic Photography

    In honor of the memory of Cpl. Michael E. Thompson

    image
  • LakesammmanLakesammman Posts: 17,408 ✭✭✭✭✭
    Dave:

    She's pretty. I'm shocked...... image
    "My friends who see my collection sometimes ask what something costs. I tell them and they are in awe at my stupidity." (Baccaruda, 12/03).I find it hard to believe that he (Trump) rushed to some hotel to meet girls of loose morals, although ours are undoubtedly the best in the world. (Putin 1/17) Gone but not forgotten. IGWT, Speedy, Bear, BigE, HokieFore, John Burns, Russ, TahoeDale, Dahlonega, Astrorat, Stewart Blay, Oldhoopster, Broadstruck, Ricko, Big Moose.
  • LakesammmanLakesammman Posts: 17,408 ✭✭✭✭✭
    Oh yah....the topic.

    It really depends. Newbies are impressed with the slab, experienced collectors buy the coin. Some times you get lucky, most of the time you don't.
    "My friends who see my collection sometimes ask what something costs. I tell them and they are in awe at my stupidity." (Baccaruda, 12/03).I find it hard to believe that he (Trump) rushed to some hotel to meet girls of loose morals, although ours are undoubtedly the best in the world. (Putin 1/17) Gone but not forgotten. IGWT, Speedy, Bear, BigE, HokieFore, John Burns, Russ, TahoeDale, Dahlonega, Astrorat, Stewart Blay, Oldhoopster, Broadstruck, Ricko, Big Moose.
  • pharmerpharmer Posts: 8,355 ✭
    I don't, and I even knowingly go down in grade occasionally when going into a pcgs slab versus another company's that it came in. The coin is the coin.
    Quis custodiet ipsos custodes?

    Apropos of the coin posse/aka caca: "The longer he spoke of his honor, the tighter I held to my purse."

    image
  • ReeceReece Posts: 378 ✭✭✭
    I havent done so yet, but when I get ready to sell thats the time to max everything out. I will do the set review first, then change holders etc.!!
    RWK
  • CTcollectorCTcollector Posts: 201
    I leave the "juice" in the coin. The majority of coins available in the market place today are maxed out. If yours isn't, it stands out. With few exceptions, I get the appropriate price.
  • jdimmickjdimmick Posts: 9,708 ✭✭✭✭✭
    I didnt at first because I thought the coin would bring all of the premium, well it brought a stronger amount, but not as strong after the buyer got the upgrade. So over the past year or so, I would try it first before selling, unless the price difference was not significant

    jim
  • RampageRampage Posts: 9,485 ✭✭✭✭✭
    I have never once tried to crack a coin and resubmit for a better grade. If there is only a minor difference between grades, then why the need? If there is a large difference, I can see why one would, but I never have. I do, however, have a few coins that I think should grade a point higher, but they are not coins I intend to sell, so I just keep them as they are.

    On a similar note, there was a time when I bought a roll of coins and had all of them slabbed with grades between 64 and 66. Coins were then worth $45, $85-$100, and $350+, respectively. However, I only bought the coins for $6.75 each, plus grading. There were a few I thought should have gone a point higher, but I sold them all as is, except two 66s that are in my personal collection. Why did I not crack and resubmit you ask? The answer: I am not greedy. If I sell a coin and make money and am happy with the return, then great. If the buyer resubmits and gets a higher grade, then good for him/her.

    Am I leaving perfectly good money on the table? Yeah, probably so, but this is just a hobby for me. There always gonna be someone who knows just a bit more than you do about something. And, there will always be someone where I will no more than them. There have been plenty of times I have bought a cheap coin and flipped it for more than 10 times what I paid. Likewise, I have seen folks buy a few of my coins and flip them for a nice profit, too.

    All the aforementioned text was is just my opinion. image
  • majorbigtimemajorbigtime Posts: 2,937 ✭


    << <i>I leave the "juice" in the coin. The majority of coins available in the market place today are maxed out. If yours isn't, it stands out. With few exceptions, I get the appropriate price. >>



    Coins in old holders bring more $$.
  • drddmdrddm Posts: 5,379 ✭✭✭✭✭
    I say max them out as you want to get the most money out of your coins. Why let the buyer try and make the money when it was you who spent the time picking out that PQ coin.

    As for tryingto max them out....Do you get the best chance for upgrading if you send in your entire set into PCGS for review or sending a few coins in "strategically"?

    I have several coins in old green holders that look PQ and not sure what to do with them.

    How would you send in MS64 coins "strategically" to try for MS65? Which grade (MS64 or MS65) coins would you send in with the MS64's I think could go 65?

  • drddmdrddm Posts: 5,379 ✭✭✭✭✭
    Can anyone help me out with my question about regrading and what I should do?

    Thanks.

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