Having Your Coins Certified Or Not

Having a coin certified gives an authoritativebefore investing is certification. A dealer who
opinion as to the coin's grade, and attests to thesupplies many of your coins, or a member of a
coin being issue free. However, all grading is basedclub to which you both belong, may be willing to
on opinion, and as coins blend from one grade intoshare a little knowledge with you, as long as you
another, opinions among grading specialists mayunderstand opinions of grade vary. Never should
vary.you approach a cooperative dealer with a
Having a coin certified by one of the numerousdisappointing grade from a grading service that
grading companies that is not universally accepteddiffers from the opinion the dealer gave, unless
by numismatists has little effect on the value of ayou wish to eliminate the dealer's expertise from
coin. While showing a coin in a slab on an onlineyour future access.
auction site might bring a slightly higher bid thanAnother consideration is that the grading service
otherwise expected from a coin novice, it is likelymight require that you join. American Numismatic
some numismatists might avoid bidding on theAssociation members can join NGC, which is one
coin based on the perception that the coin is notof the premiere grading services. If you are an
properly represented. This translates toavid coin collector, joining the American
skepticism as to the question of the veracity ofNumismatic Association is well worth doing, and
the seller. Sites like eBay also have strict rulesthe NGC service is an extra.
regarding certified coins. Only those certified byIf you have only one low value coin to submit,
one of the few services eBay has on theinquire whether you can have a dealer handle this
approved list allow can be called certified by thefor you. Many coin tiers have a minimum of five
seller.per submittal to NGC, making it impractical to
Before sending a coin for grading, ask whether itsend in only one at a time.
is a good idea. Having a coin graded is anUsually, it is understood that very rare pieces will
expensive matter. If a coin has a value of $20,be certified before sale, as an assurance to the
and the graded coin might bring in $30, it is notbuyer that the coin is genuine, and in the condition
worth the grading fee to enhance the value ofclaimed. Selling a coin worth tens of thousands of
your coin. Also, if you suspect a coin will gradedollars may require certification to satisfy the
MS-70, which is the grade of a perfect coin, butbuyer, or may be sold conditionally with the buyer
instead it grades MS-69, the difference in valuehaving the right to have the coin certified within a
might be more than acceptable. But, once gradedtime period to verify all claims.
the coin has an expert opinion associated with it.Coin slabs are transparent on both sides allowing
Yes, the slab can be removed, but the cost ofthe coin's obverse and reverse to be easily
having it placed on the coin will remain yourviewed. If you do have a coin certified, consider
expense. Have an idea regarding grade, and askpaying the nominal extra fee for a scratch-proof
for a reassuring opinion from a respected dealer,slab.