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Coin Grading in the UK


Keithoil

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Hello

 

I know that some people do not want or like graded coins but I have some that I think maybe worth the effort and expense of getting this done, I do prefer the NGC graded coins I like the plastic case and the general presentation.

 

Does anyone know where you can get this done in the UK, and roughly how much it would cost to get a coin in the UK.

 

Opinions Please!!!

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  • 7 months later...

Slabbed / graded coins are not my thing personally, so nothing really I can add I'm afraid

If you are into super rare or super valuable coins i can understand the sense behind it, knowing 100% you're getting authentic product and idea of coin populations if you're spending £100s or £1000s of pounds

 

However the volumes of modern coins slabbed & graded is just wasting money in my opinion

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Is my computer playing up, or are you talking to yourself Keithoil? lol :wacko: Not that there is anything wrong with talking to yourself of course, good way of being assured an intelligent conversation I'd say! ;)

Yes I am. :D  :lol:  :D  :lol:  :D  :lol:  :P  :D  :lol:  :P  :P  :D  :lol:

 

That is ooh so true sometimes it is the best conversation you can have.

 

You just cannot beat having a word with yourself.

 

No one had replied so I did......

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TBH coin grading seems more of a US thing than over here, in a bullion video someone linked recently however (i forget who, sorry!) there was a bloke who had 20ish slabbed eagles in a proper case for them which looked very smart.

 

Wouldn't post mine to a company to do it though, i'm the suspicious type.

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TBH coin grading seems more of a US thing than over here, in a bullion video someone linked recently however (i forget who, sorry!) there was a bloke who had 20ish slabbed eagles in a proper case for them which looked very smart.

 

Wouldn't post mine to a company to do it though, i'm the suspicious type.

I have 64 slabbed coins (predominantly NGC) in total in the proper boxes and yes they do look good.

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I fear that its my fault that Keithoil is talking to himself :(

He is finally coming down from the coffee i gave him months ago

Its good stuff but when it finally wears off people get a bit :wacko:

sorry Buddy

Any progress with your VAT battle SilverTrader?

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I've recently had a couple of lunar mules graded by cgs.

the reasoning is as follows.

they are british based so are at least as good in dealing

with british based coinage.

I've heard they are strict with their grading, so non of this

'mis grading' of coins.

 

I plan to sell my coins at some point and am prepared to

pay professionals to assure any potential buyers that I take

care to keep my coins in good condition, hence the grade

given. correctly done, grading allows similar coins to be

differentiated. it removes any doubt as to the quality of

the coin.

 

HH

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cgs : £13.50 for coins valued up to £200

delivery is extra.

 

HH

Silly question, is the value of the coins what they are worth after grading , or before, have a large number of 2014 proof 5 oz libertads coming soon , wonder if it's worth getting 5 or so graded for the American market ?
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value should be for the coin as cgs receives it ie before grading.

 

londoncoins.co.uk has a selection of coins graded by cgs and

values associated with each coin. it seams as though some

sovereigns like the 2002 shield cg93 is priced the same as the

2002 shield cgs88, both priced at £350. which in this case a

significantly higher grade offers limited additional value.

 

I'm told cgs are not as recognised as other companies such as

pcgs in the american market.

 

proofs are usually minted to a very high standard, and are well

protected and cared for. I'm not sure grading them will allow the

coins to stand out amongst the rest.

 

HH

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in a nutshell I see grading/slabbing as an awesome business if you own or if you have shares in said grading company

 

PERFECT for the land on consumption consumerism & general stupidity good old U S of A - why just sell a 1oz coin when you can sell a 1oz coin in fancy slab with info on it and charge extra for it

 

I have three slabbed coins that have came my way via my two local dealers face to face.  

Each they had only paid spot value for it when they bought it in from public.

Their exact same words were, "people round here don't ever want to pay extra for slabbed bullion"

One is an MS70 usa silver eagle and it cost me £23 last year, i got other easy to obtain 1oz silver coins that same day and they were £21 per coin

 

So a £2 premium charge from a UK dealer for an MS70 slabbed coins

 

 

If you are buying mega expensive pieces or very rare coins grading has its uses but for slabbing modern bullion - it is just stupid IMO

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sorry, the cgs price should have read £13.75 and

was incorrectly stated at £13.50. not sure why there's

odd pricing.

 

people that don't want to pay extra for slabbed coins

are only interested in better than average coins. the

slabbed coins should be targeting collectors who

are willing to pay a larger premium for 'top of the

range' coins. coins that can target this much smaller

market will benefit most from grading.

 

slabbing should not be seen as a money spinner for

any old circulating coin. I have chosen to grade

my mules(the current premiums on these should rate

them as a collectors item) but not any of my regular

semi numismatic. I've yet to know whether I've made the

right choice or not.

 

HH

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