To submit to PCGS or not...

Birdman · February 19, 2004 8:47AM

I have several proof sets and prestige sets that my father bought for me when I was growing up.

My question is this. Is it worth it to submit these for grading to take a shot at a PR70 rated coin or should I just hold onto them.

Russ · February 19, 2004 8:49AM

<< <i>Is it worth it to submit these for grading to take a shot at a PR70 rated coin >>

It's worth it if any of the coins are PR70's.

Russ, NCNE

clackamas · February 19, 2004 8:50AM

I would hold onto them. The premium that PF69 coins bring is, IMO, not really worth it. PF70's are pretty rare and a real long shot. There may be a day when there are few "original" proof sets left and they will bring a strong premium, IMO.

tlhoy · February 19, 2004 9:02AM

Is it worth it to submit these for grading to take a shot at a PR70

NO!

Glenn

darktone · February 19, 2004 9:15AM

I just certified 10 modern $5 coins at NGC. They were worth about $1,100 raw. Four coins came back as MS-PF70....... those four coins brought $800 and the other six 69's brought $630 for a total of $1,430. The grading and postage fees were about $160 so in the end I made about $170 more. So I guess for about an hours extra work it was worth it. mike

paigowjohnny · February 19, 2004 9:35AM

Two questions:
1. Do you really think any of those coins are absolutely perfect ??? If not, or if you don't have the experienced eye, then don't.
2. What do you intend to do with the sets ?? If you're gonna keep them for posterity..then why grade them. If you plan to sell...then go back to question 1.

merz2 · February 19, 2004 9:52AM

Let me be the first to ask the dates.Even if they don't get PR70,they might be worth more slabbed.Some may get the Cameo or DCAM grade designation.Early proof sets could be worth considerably more slabbed.

Birdman · February 19, 2004 11:46AM

<< <i> Let me be the first to ask the dates.Even if they don't get PR70,they might be worth more slabbed.Some may get the Cameo or DCAM grade designation.Early proof sets could be worth considerably more slabbed. >>

I have,
2 1974-S sets
1986 3-Coin Statue of Liberty Commerative
1987-S
1987 Prestige Set
1989-S
2 1990 Prestige Sets
1991 Prestige Set
1992-S
1994 Bi-Centennial of the Capitol Building Silver Dollar
1994-S
1994 Prestige
1995 Premier Silver Proof

1988,1989,1992 American Silver Eagles
1988,1989 1/10th oz. American Gold Eagles

To submit to PCGS or not...

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