Grading Platinum

[272]

I have bought a few low mintage platinum quarter ounce proofs over the last month or so and I'm wondering if its worth grading some of them? Or is the platinum coin market to niche to make it worthwhile?

 

 

[CollectForFun]

In my opinion grading of platinum is useful only as a proof of authenticity.

And also the authenticity benefit is questionable - I assume you got proof Brits in nice presentation box with its own CoA. So that would seem quite authentic just by itself.

But I admit I do not understand all the mania around graded modern proof coins in general, so I am not your typical customer for such a coin. Maybe your target segment would appreciate it 

[dicker]

Hi @272

I am not a big one for grading coins - whilst to my mind there is an argument for grading some coins, I wouldn't bother with the Pt ones.  

Primarily that's because if I were to grade coins, it would be Indian Head Dollars (which I cannot tell fake from genuine) or extremely high grade sovereigns that might benefit from grading if I were to sell them in the future.

For the record, I have not graded anything to date.

Enjoy the coins - would be great to see a picture if you have the inclination.

Best 

Dicker

[272]

11 minutes ago, dicker said:

Hi @272

I am not a big one for grading coins - whilst to my mind there is an argument for grading some coins, I wouldn't bother with the Pt ones.  

Primarily that's because if I were to grade coins, it would be Indian Head Dollars (which I cannot tell fake from genuine) or extremely high grade sovereigns that might benefit from grading if I were to sell them in the future.

For the record, I have not graded anything to date.

Enjoy the coins - would be great to see a picture if you have the inclination.

Best 

Dicker

Thanks that was my thoughts also but thought I'd ask!  Pics as requested!

[272]

52 minutes ago, CollectForFun said:

In my opinion grading of platinum is useful only as a proof of authenticity.

And also the authenticity benefit is questionable - I assume you got proof Brits in nice presentation box with its own CoA. So that would seem quite authentic just by itself.

But I admit I do not understand all the mania around graded modern proof coins in general, so I am not your typical customer for such a coin. Maybe your target segment would appreciate it 

Yes all with boxing COA etc -  I usually go for bullion so don't bother with grading but given as these were proofs just wondered if it was worth it!

[dicker]

Thanks - great to see.  I particularly like the Britannia, and the matt grey of the Platinum coins.

I think you will do well with this buy.

Best

Dicker