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Should I submit bullion 1900 & 1898 dbl Eagles to PCGS?

JDelageJDelage Posts: 724 ✭✭
in Precious Metals
All,

I have 2 Double Eagles from 1900 & 1898 which have been bought as bullion. At this point, I have no reason to think they will grade MS on PCGS. However, I also find that the PCGS pricing is low enough that I'm not taking much of a financial risk, and I might increase the value by a significant amount. What do you think?
"The greatest productive force is human selfishness."
Robert A. Heinlein

Comments

  • gsa1fangsa1fan Posts: 5,566 ✭✭✭
    I think they will be easier to sell and enjoy. JMHOimage
    Avid collector of GSA's.
  • guitarwesguitarwes Posts: 9,266 ✭✭✭


    << <i>...However, I also find that the PCGS pricing is low enough that I'm not taking much of a financial risk, and I might increase the value by a significant amount. What do you think? >>



    Why do you think they will increase in value a significant amount? Yes, traditionally, they have brought a little more in PCGS slabs, but if they are not MS they will most likely trade at market. If you are planning on selling, you might be able to net a few more bucks with them in slabs. Maybe, maybe not that much of a difference to warrant $40+ in grading fees/shipping/etc. If you are planning on keeping them, enjoy them raw. You can send them off to the slabbers anything.

    OTOH, buyers will feel a little more warm and fuzzy with them in slabs.

    @ Elite CNC Routing & Woodworks on Facebook. Check out my work.
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  • derrybderryb Posts: 37,014 ✭✭✭✭✭
    never hurts to have them certified as authentic. Buyers want to know they are not getting a problem coin.

    Exit bunker, enter Matrix. LOL

  • tneigtneig Posts: 1,505 ✭✭✭
    A local coin shop displays slabbed gold pieces of various non-MS grades, for a few hundred more, when the price of Gold is lower. Not a high risk experiment. !Go for it, as it seems like it should pay for itself, maybe more...
    COA
  • JDelageJDelage Posts: 724 ✭✭
    Thanks all. Lats time I submitted coins, I could do it as an individual, now it seems I need to go through a dealer. Sucks.
    "The greatest productive force is human selfishness."
    Robert A. Heinlein
  • guitarwesguitarwes Posts: 9,266 ✭✭✭

    Or purchase a PCGS Collector's Club membership for $49 (or $39 at NGC) and submit yourself.



    @ Elite CNC Routing & Woodworks on Facebook. Check out my work.
    Too many positive BST transactions with too many members to list.
  • Timbuk3Timbuk3 Posts: 11,658 ✭✭✭✭✭
    Join the club and enjoy.
    Good luck !!!
    Timbuk3
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