5 Reasons to Buy and Collect Certified and Graded Coins

Coin Collecting is Improved by Buying and Sellingtrue Identity.
coins that are "slabbed". The Benefits: Protection,Reason No 4. To Establish the Coin's Grade.
Authenticity, Identity, Coin Grade or Value, andA coin's Grade is what determines its Value. You
Trust and Credibility; the Only Way of Knowingwant Good Value when you Buy the coin. You
what Your Coin is Worth! features such coins.want to get what you pay for (or more) and not
Why should a coin collector and investor buy andget cheated. When you get ready to Sell or
collect professionally graded and certified coins?.Upgrade, you want to get the most for your coin.
Commonly called "slabs", they are housed in aYou have to Know what your coin is Worth! The
protective plastic holder. There are manyGrade is always an Issue when Buying and Selling
companies - over a dozen are less than 2 yearsa Collectible Coin. Having the coin Professionally
old - which will put your coin in a slab afterCertified and Graded virtually eliminates this Issue,
Certifying that it is Authentic, and assigning aand the Arguments. This is Your Neutral Third
Grade to the coin. The first reason for buying andParty.
collecting Certified and Graded Coins applies to allReason No 5. Trust and Credibility.
of these companies. However, the mostThe Top Four companies are Consistent, Reliable
important reasons apply only to the Top Fourand Trustworthy. They have Established and
companies: PCGS, NGC, ANACS, and ICG.Respected Reputations. Their Standards are the
Reason No 1. To Protect Your Coin from Damage.Highest and the Best. You are taking a Risk when
Visible Damage, which includes anything frombuying a certified and graded coin from any other
finger prints/oils to being stepped on. Morecompany. When you Sell a Certified and Graded
importantly, Environmental Damage, including suchCoin, it will speak for you. The reputation of the
things as exposure to the air, or the wrong kindGrading Company will firmly establish the Grade of
of air, chemicals in the air, and touching otherthe Coin. This translates into the Value or Worth
objects (e.g.: certain plastics, liquids, food) andof the Coin.
other coins, which will change the appearance andIt is possible to buy and sell a coin that is Certified
even structure of the coin. Damage causes lossand Graded by one of the Top Four, sight
of Value, which means Your Investment. A slab isunseen, and know exactly what you are getting.
an air tight container, and its purpose is Protection.From a description of the coin (e.g.: 1903 O, MS66,
Reason No 2. To Establish Authenticity.NGC, Morgan #034), you know what you are
You want and need to know that your coin is notbuying, and what to expect. It always helps to
only the Real thing, but that it has not beenhave a little description of its appearance, such as
altered (changing a mint mark - fraud) or changed,"white hot" or "slight reverse toning", since there
for example by cleaning, polishing, changing theis one limitation to selling a Certified and Graded
appearance or surface of the coin, in any waycoin sight unseen: It is still possible to buy an ugly
that would render your coin unfit to collect. If it iscoin. But that is why we have scanners, fax and
Unfit to Collect, there won't be many Buyers oremail.
Sellers. Many coins graded by lesser companiesTherefore, as a Coin Collector and Investor,
end up getting Rejected by one of the Top Fouralways collect Certified and Graded coins by one
for these reasons.of the Top Four. It is the most reasonable way
Reason No 3. To Establish Identity.to verify authenticity and identity of every coin in
Is that 1909 Lincoln penny a VDB? Did youyour collection, as well as to establish a reliable
overlook the "S" mint mark. Is it a Type 1 orValue. Every source of prices for any coin, be it a
Type 2? These little identifying marks can meanyearly book, magazine, a weekly or monthly
the difference between a $20 coin and one worthnewsprint; all base their prices on the Grading
$35,000. We all make mistakes and overlook orStandards of the Top Four grading companies,
miss, mint marks, details, and certain otherwhich strictly follow the ANA guidelines. If the
identifying factors which make up "Varities" ofGrade of your coin does not measure up to
each coin. It is the professional's duty to look for,these Standards, then you are only guessing at
and establish these things to determine a coin'sthe Value.