Opinion on Grading

[SilverJacks]

9 minutes ago, SeverinDigsSovereigns said:

I agree you need to grade to sell, that's how market works today. But when I collect it's the coins that I am collecting, not a plastic holder with a piece of paper. If people here detest fiat money with numbers printed for nothing, they'd rightly hate TPG premiums.

I actually like holders. I can safely hold a coin without worrying about handling/dropping etc.

[SeverinDigsSovereigns]

2 minutes ago, SilverJacks said:

I actually like holders. I can safely hold a coin without worrying about handling/dropping etc.

For small coins airtite caps are superb. For larger ones maybe holders are your safest bet.

[Sovhead]

1 minute ago, SilverJacks said:

I actually like holders. I can safely hold a coin without worrying about handling/dropping etc.

We’re all different I  get you.

it’s you I’m looking at in the future as a potential buyer….do I list an 1884S Sov nice condition in the years to come that will be subjective or do I list it in years to come already graded and worth a good bit more graded 🤷‍♂️

[SeverinDigsSovereigns]

2 minutes ago, Sovhead said:

We’re all different I  get you.

it’s you I’m looking at in the future as a potential buyer….do I list an 1884S Sov nice condition in the years to come that will be subjective or do I list it in years to come already graded and worth a good bit more graded 🤷‍♂️

You'll get much more for a graded coin

[Sovhead]

3 minutes ago, SeverinDigsSovereigns said:

You'll get much more for a graded coin

It’s pukka time….grade them or keep them as is?

I won’t blame you if they don’t get decent grades, so much appreciate your input but would you grade them at £70 a pop?

[Spyder]

My honest opinion on the shield, if you can not see the lions eyes on all the lions, I would not bother as the £65 it cost you might not get it back. What is the coin worth now in its raw state? Maybe £480-£500. Will it be worth more than £565 if it gets a AU58 grade, I am not too sure.

One thing about holders that bugs me is when someone has a graded coin and does not protect the holder. The amount of graded coins with scratched holders. Can not understand those who do that

[SeverinDigsSovereigns]

6 minutes ago, Sovhead said:

It’s pukka time….grade them or keep them as is?

I won’t blame you if they don’t get decent grades, so much appreciate your input but would you grade them at £70 a pop?

As I said, if you're planning to sell then grade. 

Would I grade my coins? No at the moment because I'm not planning to sell. I will grade for £70 per coin if I deem a coin grade-worthy and want to sell it

[Sovhead]

1 minute ago, Spyder said:

My honest opinion on the shield, if you can not see the lions eyes on all the lions, I would not bother as the £65 it cost you might not get it back. What is the coin worth now in its raw state? Maybe £480-£500. Will it be worth more than £565 if it gets a AU58 grade, I am not too sure.

One thing about holders that bugs me is when someone has a graded coin and does not protect the holder. The amount of graded coins with scratched holders. Can not understand those who do that

Appreciate your points mate but that’s definitely not an AU58 coin no disrespect 👍🏻

[SeverinDigsSovereigns]

7 minutes ago, Spyder said:

My honest opinion on the shield, if you can not see the lions eyes on all the lions, I would not bother as the £65 it cost you might not get it back. What is the coin worth now in its raw state? Maybe £480-£500. Will it be worth more than £565 if it gets a AU58 grade, I am not too sure.

One thing about holders that bugs me is when someone has a graded coin and does not protect the holder. The amount of graded coins with scratched holders. Can not understand those who do that

Early shields can grade MS63 or above even if the lions are blurry (usually 3rd lions). I think the key to shield sovs is the obv lustre. I'll try to find some graded examples online to show this

Edit: https://www.pcgs.com/auctionprices/item/1838-sov-s-3852/206947/-5348363999050247425

https://coins.ha.com/itm/great-britain/world-coins/great-britain-victoria-gold-sovereign-1842-ms65-pcgs-/a/3093-30105.s?ic4=ListView-ShortDescription-071515

Edited January 10 by SeverinDigsSovereigns

[Agaupl]

@Spyder where can you get slab protectors without going to a NGC box?

[Spyder]

2 minutes ago, Sovhead said:

Appreciate your points mate but that’s definitely not an AU58 coin no disrespect 👍🏻

I do not think yours is a AU grade. It will be be a  MS+ grade.  Maybe grading it would be good just to see the results. What ever you do, good luck with it

[Spyder]

3 minutes ago, Agaupl said:

@Spyder where can you get slab protectors without going to a NGC box?

I just put mine in Plastic zip bags a little bigger than the slab

[Sovhead]

5 minutes ago, Spyder said:

I do not think yours is a AU grade. It will be be a  MS+ grade.  Maybe grading it would be good just to see the results. What ever you do, good luck with it

👍🏻I’ll get them done mate I think it’s worth chancing.

its only money I could buy a 1/10th Brit with 😩

Edited January 10 by Sovhead

[Spyder]

2 minutes ago, Sovhead said:

👍🏻I’ll get them done mate I think it’s worth chancing.

Having seen that photo of 1838 with a MS64 grade, yours looks better so should get no less than that.

[Sovhead]

16 minutes ago, Spyder said:

Having seen that photo of 1838 with a MS64 grade, yours looks better so should get no less than that.

I don’t think mines is anywhere near that tbh that’s an absolute beauty.

hoping for a 62 👍🏻

Edited January 10 by Sovhead

[Silverlocks]

6 hours ago, Sovhead said:

I want to keep them for many years but maximise their potential when the selling point comes.

In that case, you're making the presumption that grading will add value long-term.  This may or may not be the case - the rare coins market has had one major collapse in the 1980s, and there's no particular reason why it couldn't happen again.  Also, the 'top pop' fad may or may not last, so it's also not necessarily true that grading will add long-term value to the coins. I can't say for certain whether it would or would not add lasting value, but this is a presumption based on current market conditions that may not be sustained long-term.

Having said that, it's not a huge outlay to get them graded, and the slabs will act to preserve the coins.

If you're going to hold them, you might be better off just doing that and then grading them for sale when you want to flog the coins.  Make sure the packaging you've got them in is PVC-free (more important with silver than gold), and move them to something appropriate if needed.

Edited January 10 by Silverlocks

[Orpster]

If it helps I have a graded 1884S for comparison, this one is an MS61

 

Edited January 10 by Orpster

[Orpster]

Yours on left, MS61 on right, pretty comparable and more interestingly we appear to have one from the same die judging by the cracks - fascinating

 

Edited January 10 by Orpster

[GoldDiggerDave]

10 hours ago, Sovhead said:

I’ve 2 Vic sovs and I’m in 2 minds about getting them graded so I’d like to hear what members think pics below.

There is always a best and worse case scenario with grading any coin as you will either agree or disagree with the final results. 

Both coins look nice in the photos and have eye appeal.  

The 1884S the highest I've seen around this sort of condition is MS62,  its not going to get the higher MS grades IMO due to the wear and die break.  I've also seen coins like this come back AU58 so its in this range.  sorry to leave it a little broad but theres only so much you can see from photos.   aEF/aEF so I would possibly say towards the lower 

1887  very nice no brainer to grade imo best case up to  MS63, worse case AU details scratched Its all down to how the coin is graded and interpreted.  gEF/aUNC

The British descriptive and Sheldon scale don't always directly translate in my opinion 

Overall two very nice coins and I'd be happy to have them in my collection. 

 

Edited January 10 by GoldDiggerDave

[Sovhead]

5 hours ago, Orpster said:

Yours on left, MS61 on right, pretty comparable and more interestingly we appear to have one from the same die judging by the cracks - fascinating

 

That’s incredible.

They’re very similar condition wise aren’t they?

Edited January 10 by Sovhead
Typo

[James32]

On 10/01/2024 at 00:09, Agaupl said:

@Spyder where can you get slab protectors without going to a NGC box?

I use these are great quality and a nice snug fit.

https://www.amazon.co.uk/gp/product/B0BCPLTS71/ref=ppx_yo_dt_b_asin_title_o07_s00?ie=UTF8&th=1

[Agaupl]

5 hours ago, James32 said:

I use these are great quality and a nice snug fit.

https://www.amazon.co.uk/gp/product/B0BCPLTS71/ref=ppx_yo_dt_b_asin_title_o07_s00?ie=UTF8&th=1

Cheers James. The 2.75x4.33 inch ones?

[refero]

Starting by saying that everyone is free to act freely, i quite dont understand the point in keeping track of “population” of slabbed coins.

a single coin can hypothetically have gone through the process several time, and been awarded with different slab reference every time. Even with the same grade all the time, the finals figures are kind of “fake”.

And that is opening the door to a  misrepresentation of reality (innocent scenario) or to commercial fraud (just imagine how can a top pop be manipulated artificially) 

Imo slabs should have an Anti crack technology (like you cant open crack it without damaging the coin) and only the original ngc - pcgs Whover could safely open it.

A second eventual slab of an already slabbed coin should clearly state it like ms 61 slab number 38373288 previously ms 61 (or whatever) slab number 29282828

Edited January 11 by refero

[SidS]

I've cracked just about every slabbed coin I've bought out, none of which is reported on the population reports of PCGS or NGC. So I know a few of their coin figures are off.

Then there are those that crack out and do multiple submissions. So I bet most population reports are inaccurate to say the least.

[James32]

3 hours ago, Agaupl said:

Cheers James. The 2.75x4.33 inch ones?

That's correct