Should I submit bullion 1900 & 1898 dbl Eagles to PCGS?
JDelage
Posts: 724 ✭✭
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?
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
Robert A. Heinlein
0
Comments
<< <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.
Too many positive BST transactions with too many members to list.
"Interest rates, the price of money, are the most important market. And, perversely, they’re the market that’s most manipulated by the Fed." - Doug Casey
Robert A. Heinlein
Or purchase a PCGS Collector's Club membership for $49 (or $39 at NGC) and submit yourself.
Too many positive BST transactions with too many members to list.
Good luck !!!