How do you personally decide when to send a coin for grading?

[dogparkdays]

I think the is a very attractive Lincoln Memorial. I'm considering sending it for grading.
How do you personally decide when to sends yours?

[enamel7]

Coins are sent in for grading when the value is worth it. The coin you have posted in MS-65 is only valued at 30 cents. Your coin has environmental damage and isn't even worth that. A coin should have value. Best thing to remember is it's not the slab that has value, it's the coin.

[WaterSport]

I have plenty of non value coins I sent to PCGS to be slabbed for consisticey of slabbed brand coins in my colllection, preservation of the coin and getting a lower graded example in plastic until a better example comes along. But slabbing is not for everyone and it's very expensive. Be prudent until you understand the cost, benefits and loss of money sending coins for grading.

WS

[stoneman227]

I personally have never sent a coin in to be slabed . I find more things than the budget allows to acquire so slabbing isn't part of the fun.

John

[Maineman750]

I don't collect plastic, but if I have one I want to sell and a slab will increase the value more than the cost of slabbing, I usually will. It takes a bit of research to determine that.

[Frank]

Unless I suddenly get an inheritance from some long lost relative in Great Britain, I don't see myself getting anything slabbed anytime soon. I rarely sell either, so it doesn't really matter.

[eaxtellcoin]

First thing I did when I decided to start slabbing better coins like 11-D/D's and high end cherrypicker varieties I started to research finished auctions on Great collections. I set up an excel page and listed the variety / grade / grading service / and if it had an FS #. That way I could avg the prices paid over a year / two years and see if the coin is worth grading.

Remember though I only buy coins via grey sheet costs at the coin shows. I search ALOT of coins being cautious of a dealers table and time. Remember table fee's cost anywhere from $400 to $800.00 for a three day show. If you look for a long time and don't buy anything they- the dealer's WILL remember you and it gives us all a bad light. I just buy everything I find - even though I don't need it. - then over time I grade what I think the coin will grade, take the cost + grading fee, and see if the cost makes sense.

Remember a regular RPM cent should go to ANACS. So cost of coin plus $17 to slab with I.D. Each - this is the minimum these days.

Cherrypicker Varieties you want to send to PCGS - Gold membership costs $250 with 8 regular coins slabbed. The cost breaks down to about $45.00 per coin to slab so the coin has to be worth these fee's plus the membership.

[lincolnjoe]

very good info guys..way to go