| Hobbies: Coin Collecting | | | | the Internet market for sale. A reliable grade is |
| How to Get Your Coins Professionally Certified | | | | produced by one of the top four professional |
| and Graded | | | | grading companies, and it adds value to your |
| By Robert L Taylor, JD | | | | coin. Reliability is in the mind of the buyer. Your |
| 1. See article entitled “5 Reasons to Buy and | | | | personal assessment is of little value to the |
| Collect Certified and Graded Coins, which can be | | | | discerning buyer. |
| found at: Dispite the cost and procedure of | | | | Conquering this reliability barrier is not difficult. |
| getting your coin slabbed by a professional | | | | Two of the professional grading companies, PCGS |
| certification (authenticity) and grading company, | | | | (pcgs.com) and NGC (ngc.com), normally require a |
| which inhibits and prevents many people from | | | | minimum fee to join, which is often coupled with |
| having it done, a professional grade is beneficial | | | | reimbursement and credit advantages to joining, |
| for many reasons, the primary of which is that it | | | | but which usually only apply the first year. For |
| helps you sell your coin when you want to | | | | longer term submissions, desired by most |
| upgrade or liquidate. Upgrading one’s | | | | collectors, arrangements for non-fee |
| collection is a constant process, and therefore | | | | memberships are available with ANACS and ICG. |
| involves selling a coin to buy another similar one in | | | | Just submit your order with no fee required. |
| a higher grade. Collectors are constantly | | | | Order forms are available on line, by telephone, |
| upgrading their collections, and this involves selling | | | | and email. These two companies seem to enjoy |
| one coin in order to buy another of higher value | | | | the most popular choices among buyers. |
| and grade. Selling a coin is enhanced by having | | | | The most intriguing professional grader is NGC, |
| that coin professionally certified and graded, or | | | | which provides for membership privileges for |
| commonly called “slabbed”. It is the | | | | existing members of the ANA (American |
| reliability and certainity of this determination that | | | | Numismatist Association,(money.org). If you are |
| “makes the sale” in most cases. | | | | a member of the ANA (money.org), then you are |
| Dwindling are the days when raw coins are sent | | | | eligible to use the grading services of the NGC |
| through the mail on approval, only to have the | | | | with out having to join NGC first. The fee to join |
| coin returned as being unacceptable. Savvy | | | | the ANA is less than the fee to join NGC, but the |
| buyers of high grade coin collections, look first for | | | | submission privileges are the same. One may |
| certainty and assurance of grade, preferably a | | | | request a “Submission Kit/Package” from |
| professional grade. Collectors of street coins are | | | | NGC, or just go on line for an Order Form, which |
| rarely as concerned. | | | | can be used, and filled out (also on line) and |
| Another important reason for having your coins | | | | submitted after printing, with your coins. It is a |
| professionally certified and graded is an | | | | simple and easy process. The only thing needed |
| assessment of the value of your collection. It is | | | | is the ANA member number, and clicking on the |
| always important to place a value on one’s | | | | right box. |
| coin collection. If this valuation is solely based | | | | 1. A professionally certified and graded coin is |
| upon one’s personal assessment, then the | | | | always worth more, in the market place, than the |
| valuation is based on uncertainty and question. | | | | same coin raw. |
| Raw coins have always been the stalwart of coin | | | | Regardless of when and how you get your coins |
| collections. However with the addition of the | | | | certified and graded, it is well worth the cost and |
| highly attractive internet sales venue, and | | | | effort that it brings in personal relief, more |
| desirability for certainty on grade, selling your coin | | | | certainty of the value of your collection, and in |
| has increased a hundred fold. One needs only | | | | higher sales prices for coins you sell to upgrade |
| provide a coin with a reliable grade, and put it on | | | | and liquidate - on line or in person. |