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And so it begins....

I received today the return of my first ever submissions to PCGS (or to any TPG for that matter). Exciting! I felt like Steve Martin running around saying "I'm in the phone book!!!".
I sent two Kennedy silver halves and three Lincoln cents (Wheaties) to start my first two set registries. Of course like any of you I graded each one before they left and then lowered each coin one more grade to account for my inexperience and sent them off in the mail. And each one came back exactly one grade lower than what I documented them at. And got a nice green box as well. Well the training continues.
I'm hooked and I will be sending many, many more but each time with a little more education in my back pocket.
Thanks for your help Guys.

DiggerJim

BST transactions - mach1ne - Ronyahski - pitboss (x2) - Bigbuck1975 (x2) - jimineez1 - nk1nk - bidask - WaterSport - logger7 - SurfinxHI (x2) - Smittys - Bennybravo - Proofcollector

Comments

  • amwldcoinamwldcoin Posts: 11,269 ✭✭✭✭✭

    Ouch!

  • rickoricko Posts: 98,724 ✭✭✭✭✭

    Nice coins... Take the grading class..you will enjoy it and learn a lot. Cheers, RickO

  • CatbertCatbert Posts: 7,652 ✭✭✭✭✭

    This will end up being expensive tuition if you continue doing same without considering could these have been purchased already in the slab at less cost than what you spending in shipping/grading expenses..

    Seated Half Society member #38
    "Got a flaming heart, can't get my fill"
  • gripgrip Posts: 9,962 ✭✭✭✭✭

    ~~~~> @RogerB said:

    Please.
    Take the ANA grading class before you send off another coin.

    Please.

    This.

  • DoubleEagle59DoubleEagle59 Posts: 8,379 ✭✭✭✭✭

    I have to agree with the above statements.

    If you want 'free' training, go to coin shows and look at all the PCGS graded Lincolns and Kennedy halves.

    Train your eye what PCGS looks for in a grade.

    You'll learn a lot, save a ton of grading fee money and even perhaps purchase more coins for your sets.

    "Gold is money, and nothing else" (JP Morgan, 1912)

    "“Those who sacrifice liberty for security/safety deserve neither.“(Benjamin Franklin)

    "I only golf on days that end in 'Y'" (DE59)
  • DiggerJimDiggerJim Posts: 419 ✭✭✭✭

    @Catbert said:
    This will end up being expensive tuition if you continue doing same without considering could these have been purchased already in the slab at less cost than what you spending in shipping/grading expenses..

    Well I am considering that Sir. I'm not sure if this is a bad step in your guys opinion but I bought the Platinum membership which gave me 8 free vouchers and I figured I would get some less expensive comparisons to my grading abilities using those. My next round of submissions will hopefully help dial it in more.
    And the ANA grading class is an excellent suggestion that I will definitely look into.

    Thanks

    BST transactions - mach1ne - Ronyahski - pitboss (x2) - Bigbuck1975 (x2) - jimineez1 - nk1nk - bidask - WaterSport - logger7 - SurfinxHI (x2) - Smittys - Bennybravo - Proofcollector

  • BlindedByEgoBlindedByEgo Posts: 10,754 ✭✭✭✭✭

    Good additions to your grading set. On one hand, probably not valued high enough to justify the grading fees (or cost of lost opportunity using the voucher), on the other hand, if they're of sentimental value, cost wouldn't be an issue.

  • JimTylerJimTyler Posts: 3,771 ✭✭✭✭✭

    You did good, no detail coins.

  • RogerBRogerB Posts: 8,852 ✭✭✭✭✭
    edited January 26, 2019 5:29PM

    A "platinum" or "zirconium" or whatever membership includes the discounted price of some authentication/grading submissions -- they are NOT free. Spend the same $$ on the ANA grading course. Afterward, you will have a much, much better shot at making efficient use of your time and money -- and you won't waste PCGS' time with ordinary coins that cost half of what you just paid for "grading."

    This is basically the same suggestion everyone else has made.

    Please listen to them. Everyone here wants you to succeed and enjoy the hobby.
    :)

  • PhilLynottPhilLynott Posts: 898 ✭✭✭✭✭

    @DiggerJim said:

    @Catbert said:
    This will end up being expensive tuition if you continue doing same without considering could these have been purchased already in the slab at less cost than what you spending in shipping/grading expenses..

    Well I am considering that Sir. I'm not sure if this is a bad step in your guys opinion but I bought the Platinum membership which gave me 8 free vouchers and I figured I would get some less expensive comparisons to my grading abilities using those. My next round of submissions will hopefully help dial it in more.
    And the ANA grading class is an excellent suggestion that I will definitely look into.

    Thanks

    The main lesson is picking out the right coins to send in. Getting a grasp on grading is one aspect but then knowing what the value of said graded coin is would be the other aspect. For instance the 1951-D 1C has a price guide value of $2. A coin like that should never be send to a grading service it's just too much money to pay compared to the coins value. You're much better off keeping that one raw and buying one already graded.

    That said, don't let that fact take away from the excitement of getting your first submission back! The fact that you were exactly one grade high on each coin means you're consistent and just need to find what's accounting for that 1 point.

  • GluggoGluggo Posts: 3,566 ✭✭✭✭✭

    Where did you get the green box? I thought those were rare now and they are shipping blue ones. Score! Awesume.

  • DiggerJimDiggerJim Posts: 419 ✭✭✭✭

    @Gluggo said:
    Where did you get the green box? I thought those were rare now and they are shipping blue ones. Score! Awesume.

    Came today with the slabs. I like the color!!

    BST transactions - mach1ne - Ronyahski - pitboss (x2) - Bigbuck1975 (x2) - jimineez1 - nk1nk - bidask - WaterSport - logger7 - SurfinxHI (x2) - Smittys - Bennybravo - Proofcollector

  • No HeadlightsNo Headlights Posts: 2,105 ✭✭✭✭✭

    Many of us have paid more tuition than you did!!! Just keep learning. You have a great attitude about what you want to accomplish.
    Best wishes

  • ParadisefoundParadisefound Posts: 8,588 ✭✭✭✭✭
    edited January 26, 2019 9:11PM

    Keep digging @DiggerJim ...... nice Green box and at least you did not opt for TV :) Have FUN learning

  • CoinstartledCoinstartled Posts: 10,135 ✭✭✭✭✭

    @RogerB said:
    A "platinum" or "zirconium" or whatever membership includes the discounted price of some authentication/grading submissions -- they are NOT free. Spend the same $$ on the ANA grading course. Afterward, you will have a much, much better shot at making efficient use of your time and money -- and you won't waste PCGS' time with ordinary coins that cost half of what you just paid for "grading."

    This is basically the same suggestion everyone else has made.

    Please listen to them. Everyone here wants you to succeed and enjoy the hobby.
    :)

    Suggesting that he is wasting PCGS' time is overkill.

  • scubafuelscubafuel Posts: 1,946 ✭✭✭✭✭

    Getting coins back in fresh slabs is a rush. Glad you are getting into it!
    Everyone has an opinion on what is "worth slabbing". But only your opinion matters. I've slabbed $5 value coins before because they had enough sentimental value to me that they were worth spending twenty bucks to protect.
    Enjoy the hobby. Coins are a lifetime of fun and learning.

  • TunisTunis Posts: 473 ✭✭✭✭

    I applaud your attempt!! I did the same in sports cards. It takes a little while to “get it right”. The thrill of “making” a great grade is a good feeling. I am not ready to take the plunge with graded coins just yet. Still learning and absorbing.

    Successful buys on BST board from NotSure, Nankraut, Yorkshireman, Astrorat, Ikeigwin(2x), Bob13, Outhaul, coinbuf, dpvilla, jayPem, Sean1990, TwoKopeiki, bidask, Downtown1974, drddm, nederveit2

  • Wabbit2313Wabbit2313 Posts: 7,268 ✭✭✭✭✭

    @DiggerJim said:

    Thanks for your help Guys.

    DiggerJim

    You may wish to find some new help!!! :)

  • Wabbit2313Wabbit2313 Posts: 7,268 ✭✭✭✭✭

    If you would have just spent those 5 coins, you would be about 150 bucks ahead.

  • ARCOARCO Posts: 4,431 ✭✭✭✭✭

    It feels good to get coins into holders, like you are part of the club. The PCGS stockholders thank you. :)

  • TwoSides2aCoinTwoSides2aCoin Posts: 44,624 ✭✭✭✭✭

    I'm excited for you and we all have to start somewhere. I share your enthusiasm. And those who sound a little brash here , ( I believe) still have your best interests in mind.

  • DRUNNERDRUNNER Posts: 3,901 ✭✭✭✭✭

    It is always a great rush to get back coins . . . that 'wait' can be interminable !

    But yes . . .tune your eye in time to those coins that possibly could more warrant the costs associated with certifying. I have also certified some for various reasons that may not have warranted it from a cost perspective . . . . but if you think this rush is fun . . . . . .wait until you get a great score, which will happen someday!

    Drunner

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