Should I Buy Certified World Coins And What Are Slabbed Coins?

Third party grading and certificationMany coins have been lightly cleaned or have
PCGS? NGC? ICG? ANACS? NCS?some small problems. Literally millions of coins fall
Third-party grading is catching on in world coinsinto this category, but they are rejected by
and there are some considerations for the coinPCGS, NGC, and ICG which slab only undamaged
collector. While third-party grading, otherwiseoriginal coins. In order to get these coins certified
known as certification, has been the standard inas genuine, we recommend using ANACS or NCS.
US coins for many years, it is relatively new toNCS is part of NGC and also does restoration. If
world coin collectors. A third-party grading serviceyou have valuable coins that have accumulated
is not affiliated with the seller or the buyer anddirt, PVC, ugly toning, or other issues, we
gives an independent opinion on the authenticityrecommend you send them to NCS to be
and grade of a particular coin you send to one ofprofessionally restored, or in other words
these companies. The act of having a coin put"cleaned" and then slabbed by NGC. We do not
into a square hard plastic holder by one of therecommend you try to clean coins yourself.
grading services is known as "slabbing." The hardInexperienced people have damaged many coins
plastic holder is air-tight and protects your coinby trying to clean them and lowering their value
from damage from the environment orby thousands of dollars.
mishandling by human beings. In general, thisWhen it comes time to sell your coins, you will
holder greatly protects your coin over theprobably get a higher price with certified coins.
long-haul. While nearly all significant US coins areOther collectors and dealers will recognize that the
slabbed, the vast majority of world coins are notcoin is guaranteed to be real and has no problems
slabbed! The reason is that slabbing currently is ansuch as cleaning (or other serious issues listed
American habit, but catching on in other parts ofabove) resulting in a higher offer price. It will also
the world rapidly.make selling your coins for the highest price
Coin collectors should consider buying expensiveeasier for your heirs as the coins are identified on
coins already certified, especially if acquiring prizedthe plastic holder and have grades listed.
specimens from such places as eBay or unknownWhen buying raw (uncertified) coins, we suggest
dealers. A coin slabbed by PCGS or NGC (the twoyou ask the seller if the coin in question would
grading services we recommend for world coins)certify at PCGS or NGC. If the answer is anything
includes a guarantee from these companies thatother than a quick "yes," you may need a further
the coin is genuine. Given the number of fakeexplanation of the coin's condition. It would be
coins being sold on eBay seems to be growing,prudent to ask for a guarantee from the seller
buying a coin on ebay already certified takesthat a coin will slab before buying an expensive
uncertainty out of the purchase decision. Forcoin. Grading is highly subjective and a seller or
example, a slabbed coin is, in general, not cleaned,dealer will have a hard time handing out
repaired, damaged, scratched, or removed fromguarantees of a certain grade MS-65 or MS-66 to
jewelry. All of these conditions can drasticallybe given by PCGS or NGC.
lower the price of a coin and may not be knownHaving your coins certified is also fairly easy.
at the time of purchase when looking at a smallPlease see the respective company websites for
picture on the internet. Since this certification hasfurther information on their services and prices.
costs (roughly $30 to $40 per coin), weWe recommend you ship all coins by US post
recommend this only for more expensive coinsoffice registered mail with insurance. Fedex and
such as those over $500-$1000. Due to theUPS may be faster, but they generally do not
costs, you may find that certified coins may costaccept or insure rare coins, gold, or money in their
a bit more than uncertified coins (also known aspackages. The US post office will give you full
"raw" coins) but with that extra cost comesinsurance for your valuable coins and with a much
peace-of-mind and a company guarantee shouldlower risk of being lost or stolen on the trip to a
the coin be found to be not genuine.grading company.
The grading services do vary in quality andIf you are interested in purchasing certified coins,
recently dozens of new grading companies havewe have many in stock for sale today. We do
sprung up. For many years, PCGS and NGC havealso sell many raw coins that we can have
gathered the most respect from collectors andcertified for you. Our company will guarantee they
dealers. However, these companies do notwill be certified or you do not have to buy them!
generally certify ancient coins or some specializedThe cost of certification will be added to your
items such as Islamic coins. ICG is the bestinvoice and adds about 2 weeks to the order
company for these coins and we recommendtime.
buying them already certified. The remainingYou will find many people recommending certified
dozens of grading companies are generally not tocoins and the benefits of certified coins are great
be used due do extreme unreliability in gradingto the collector or investor. Please contact us if
standards and allowing cleaned, damaged, or evenyou have any questions purchasing or selling coins
fake coins to be certified. This and all the whileas we are authorized dealers for PCGS, NGC /
NOT providing a guarantee of authenticity offeredNCS, and ICG grading companies.
by PCGS and NGC!