Do You or Don't You...Genuine Grading

RichR

If you're submitting a large batch of raw coins (all expected to come back in various Unc. grades) acquired over the past 50 years by your now deceased father...would you choose to have any unexpected problem coins come back in a genuine slab...or just be returned as is...so they can be slipped back into the Dansco album?

Is there a value of having them in a slab...even if it's a problem slab?

TwoSides2aCoin

I would not call them problem slabs, only problem coins in them. I'd expect a few may not make the grade, but PVC or some other contaminant might be removed, prior to submission, if treatable issues can be effectively addressed. One can opt out of the slab, in the event a problem or two exist. That's on the invoice. (Read carefully)

To the question of value:
Value is perceived. The value is in having something handed down by a loved one, and that's got greater value than collectible or market value, to me. (Sentimental value is the most powerful of all). But these coins handed down ? That's the gift that's invalueable. That's actually priceless. How good was the eye that collected ? That usually is the "key" and like a diamond, there are many facets to your short presentation.

Humbly submitted.

airplanenut

There's no cost difference to have the coins slabbed or sent back unholdered. Unless you are planning on not disclosing the problem, the coins are more salable when holdered, so put them in a slab and when they come back, you can keep them there or rather easily crack them.

Steve27

I submitted a coin which I knew was cleaned, because it was a 1932-S quarter, and I wanted to be able to say it was genuine.

CEOcoinshopcom

If you can find a couple of dealers, and have them "preview" the coins, you could find a consensus on some, and save some grading fees.
I've been doing this a long time, and I still send in coins once and a while that are a waste of time (and money).
A few of my dealer friends, and the graders at Heritage, get some coins from me once in a while for their professional opinion.

DIMEMAN

I always have them placed in the details geni holder. I think they are more sellable that way and if it is a tuff variety I can use it in my Registry sets.

messydesk

Have it holdered. If you eventually change your mind and want it raw in a Dansco, a quick crack-out with make it so. If you have it returned raw and later decide you want it slabbed, you have to resubmit it.

MrEureka

It depends on what I plan to do with the coin. And if I'm not sure, I leave it in the holder until I decide.

Cougar1978

I leave these in the slab and let the buyer decide. Many of the people who buy this stuff want it for their album and will then crack it out. They are looking for a discount below retail. I have found 60% of retail (problem free coins) is good starting point. I believe in full disclosure when it comes to problem coins.

PerryHall

<< <i>I submitted a coin which I knew was cleaned, because it was a 1932-S quarter, and I wanted to be able to say it was genuine. >>



This makes a lot of sense for any key date coin that is heavily counterfeited such as the 1909SVDB and 1914D cents, 1916D dime, 1916 and 1932 D&S quarters, etc. Most of these coins will be cracked out and put in albums to complete their sets with an affordable example. Their owners won't care if they've been cleaned---they just want to fill that last hole with a coin that they know is genuine.