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Introductions Thread, Need help from experts in Numismatic Community; Hello all....even though I'm old, I'm very new at coin collecting and need help with my coins. I recently purchased ...
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    Member pocketchangebandit's Avatar
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    Question Need help from experts

    Hello all....even though I'm old, I'm very new at coin collecting and need help with my coins. I recently purchased the 2011 American Silver Eagle Coin Sets but I'm not really sure about having them graded! Help...Do I have them all graded even though they may grade low or do I just put them up and have them graded at a later date? I've never had any of my coins graded and need to start with the right ones. Please advise on the American Eagle sets.
    Thank you for the help.

  2. #2
    Administrator Jesh's Avatar
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    Welcome to the forums. . First off let me apologize for any bad typing, I am using my phone right now. Secondly, congrats on an awesome addition to your coins. It's a very nice set and sure to make you happy.

    Grading is a personal choice. Ask yourself a few things: a) do you want reassurance from professionals on the grade of your coin for yourself or your heirs? B) do you plan on selling soon? C) If not, will your heirs know what they have? If not it'd be a good idea to have them be able to use grades opinions. D) do you want to know you have a "perfect" set from a tpg opinion?

    I had mine graded but I plan on selling soon I am keeping a set of 70s to my daughter and an ungradeds set also.

    Again, welcome and if you need more help let us know. I'll be on a normal keyboard tomorrow!!!

  3. #3
    Member pocketchangebandit's Avatar
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    Jesh.....
    Thank you for the Welcome. I called 2 grading services today. After finding out prices and procedures plus reading your reply, decided to get all five sets graded. It's so nice to finally get that decision behind me.
    I'm so glad I joined this forum. I looked at several threads and learning alot.
    Even though I'm new to coin collecting, I have looked at my share of coins. Two years ago I bought a scope so I've spent the last 2 years looking and learning from coins I've had all my life. I love looking at pocket change. It's very exciting and always a new experience. You never know what you'll find. My problem is.......I'm still learning new terms for what I'm finding..LOL.
    I would love to learn exactly what it takes to discover a new variety. I have the two Cherry Picker Guides but still haven't found the rules, regulations, specifications, procedure or guidelines for the discovery of a new die variety. Maybe it doesn't exist!
    Anyway, just wanted to say thanks for the reply. Have a good evening.

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    Administrator Jesh's Avatar
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    Great! Which service did you decide to go with? I am assuming you opened all your sets so they are not sealed in the original mint packaging, correct? Otherwise you could get 'first strike' qualification, which I honestly believe is just a good marketing scheme, but it's helping with prices of modern coins.

    I think you meant you bought a loupe, not a scope, correct?

    As for finding a new variety, I wouldn't know, I don't do that type of collecting. I hope you post the results of your submissions when you get your coins back! Hoping for 70's!!

  5. #5
    Member pocketchangebandit's Avatar
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    After a lot of thought about which grading service to use .....I'm going with ANACS. I know PCGS is considered #1 but our small coin club uses ANACS. Anyway I need the coins protected and a grade to help my children know what they are dealing with since at this time in their lives none are into coin collecting.
    Sorry i posted scope....should have said microscope....don't know what I'd do without it. I carry a 20x loupe everywhere I go, never know when you might need it.
    My coins are no longer mint sealed, but I looked at all of them tonight and they are beautiful. I did happen to see a double star on 1 coin. Then there is what looks like tripling on the obverse side - on the feet, the ground and the WA on 4 other coins. May be nothing with the naked eye but very interesting through the microscope.
    Yes, will be glad to let you know how the grading comes out.

  6. #6
    Administrator Jesh's Avatar
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    PCGS is not really considered #1, they are just more strict on their grading. PCGS or NGC would be best bet, but people use ANACS too. Let us know how it turns out!

 

 

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