2019-s Enhanced Reverse proof coin. To open or not to open?
coinnoob782
Posts: 56 ✭✭
So for those that got one of the 2019-S enhanced proof coins. Will you open the box and see if you got the signed CCA or just send it in to be graded sight unseen. Thats going to be a tough decision for me. Im not a very trusting guy and very iffy on sending it in to be graded without knowing what im sending in. Its not that i dont trust PCGS, its that i dont really trust anyone i dont know.
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Depends on what the purpose of the grading is and whether you want anything special.
But I state with 100.00% certainty: PCGS is not going to steal your CCA. They deal with million dollar coins and you think they'd risk their reputation to steal a CCA worth a few hundred tops?
@coinnoob782 ....Welcome aboard....I did not get one, however, if I did, I would open it.....Just to look at my coin. I do not sell coins...Just collect and hold. Cheers, RickO
Thanks ricko!!!
Im not planning on selling it. That being said grading does seem to add value so if i am going to get any coin graded this is the one. I am a low level collector, been doing it since i was a kid, 40+ years but never too heavy because of my low budget.
Grading this will only add value if it gets a 70. If it gets a 69, you are better off with the raw coin in the box.
That's hilarious 😂😂😂😂
Fighting the Fight for 11 Years with the big "C" - Never Ever Give Up!
Member PCGS Open Forum board 2002 - 2006 (closed end of 2006) Current board since 2006 Successful trades with many members, over the past two decades, never a bad deal.
Unfortunately without opening and looking at it you dont know if its 69 or 70. Im not good enough at grading to tell 69 - 70 anyways.
That wasn't my point. It is a lottery either way. But I would suggest that it is not correct to consider that "grading does seem to add value" for a modern Mint product. If you have an S-VDB cent, the slab adds a lot of value in any grade. Modern Mint issues are not the same.
Don't open. You can always open.
Gotcha. Being this is my first US mint purchase. For the PCGS grading of the COA does the sealed government box mean when the box comes in the mail do not open or do we open and the blue coin holder box is sealed up also? I Just want to know the ramifications of any action...lol
Do not open the box as it comes in the mail.
I'll be opening mine only because I want to see if I got the "golden ticket" CCA, then I'll probably sell it.
Pandora opened the box, by mistake actually, and she could not get it all back in there before evil got out and all hope got trapped.
If you open it, you have no hope of a getting a certified COA signed by the Director which for this situation, might actually be valuable. Also First Strike can enter in if shipping is greatly delayed.
Give it a few days, but my advice is leave it all sealed for best current value.
My US Mint Commemorative Medal Set
Welcome to the CU forum @coinnoob782.
“Government” box is the OGP (original government package) which is not the shipping box.
When it says unopened box that is the shipping box that the OGP ERPR will be in.
Basically, if you want to get the COA slabbed, put the shipping box (with the OGP ERPR (unopened) in another shipping box (probably a priority mail shipping box) and mail to our host with the submission form.
Thank you for the help and kind welcomes! Ill just box up the original box and not open anything. This will be my first grading. The PCGS submission form is a bit confusing so Im going to have to call them to figure it out . Im going to assume its a $65 grading service plus the COA $15 plus another $18 for first strike plus $10 handling and plus shipping then plus Guarantee Premium so i guess you just dont know how much its going to cost. Oh and add the membership fee.
How do you figure out value for a new coin like this? Is the value just for the return shipping?
The Guarentee Premium is a bit scary. If they grade it 70 and you get the 1 of 100 signed COAs How do they value it for that? Does that mean they could tack on another hundreds of dollars for the Guarantee Premium? I guess i dont understand why they need a cut of the value. The grading is the same reguardless of the value of the coin.