To grade or not to grade...that's the question ...

[Thomas78]

I bought these a while ago... 2 £ proof Shakespeare coins would anything be added by grading them apart from the fact that it will conserve them. Any thoughts on it?

[shortstack68]

7 minutes ago, Thomas78 said:

I bought these a while ago... 2 £ proof Shakespeare coins would anything be added by grading them apart from the fact that it will conserve them. Any thoughts on it?

A capsule will also keep them free from handling marks and problems as long as they aren't played around with, imo grading won't add value, look at the coins on here that are trying to be sold by other members, although there's an advocate for grading, think about what it's worth when you try to sell it later.

 You may get no bites here or on eBay and that means next stop is a bullion dealer who would only pay for the gold content and not the $60 slab (plus all the postage that its cost), don't go wild with adding additional costs on to of what is a bullion value coin, regardless if it's a proof or not, there's only a certain amount of modern day coins that slabbing would add value too..........Leave them as original as possible and tucked away safely.....

[Guest]

58 minutes ago, shortstack68 said:

A capsule will also keep them free from handling marks and problems as long as they aren't played around with, imo grading won't add value, look at the coins on here that are trying to be sold by other members, although there's an advocate for grading, think about what it's worth when you try to sell it later.

 You may get no bites here or on eBay and that means next stop is a bullion dealer who would only pay for the gold content and not the $60 slab (plus all the postage that its cost), don't go wild with adding additional costs on to of what is a bullion value coin, regardless if it's a proof or not, there's only a certain amount of modern day coins that slabbing would add value too..........Leave them as original as possible and tucked away safely.....

They are selling for about $960 per coin ungraded right now. This is one of those low mintage sets that has no real following or steam behind it. They may or may not be worth more graded and I am not sure these are truly worth grading unless you want to conserve and try for a 70. I think you are likely to get more interest in Heritage Auctions if they are graded.

Whatever you do  - DO NOT SELL THEM AS BULLION to a dealer as they are saleable here and in other places for above spot.

 

 

[Thomas78]

Im not planning on selling these.... i like them, but wont include them just now @Numistacker  Hard work before friday... I ve changed my mind about which coins to incude like a million times by now

 

[shortstack68]

1 hour ago, Numistacker said:

They are selling for about $960 per coin ungraded right now. This is one of those low mintage sets that has no real following or steam behind it. They may or may not be worth more graded and I am not sure these are truly worth grading unless you want to conserve and try for a 70. I think you are likely to get more interest in Heritage Auctions if they are graded.

Whatever you do  - DO NOT SELL THEM AS BULLION to a dealer as they are saleable here and in other places for above spot.

 

 

Heritage require minimum of $5k in submissions before they are interested, also there would be theirs and your commission on top, so that would leave how much?