1910 $5 Gold Indian worth grading?
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Here's a link to how to post a topic with images in our community https://coinauctionshelp.com/welcome-to ... community/
___________________________________________________________________________________________________________
You also agree to follow these guidelines. You must agree to these rules to be a member of this forum. NO SPAM! Spam is deleted within minutes, no spam will ever be left in our community.
1. Post a front and back image of your coin with a specific question about what you’re seeing or asking about and one coin per topic.
2. Please remove coin from the holder unless it’s US or an official mint case or unless it is graded by a grading service.
3. Images should be taken by a camera or cell phone camera, we ask that members don’t use images through a microscope screen.
4. Always start your own topic, please don’t ask about your coin or post your coin in someone else’s coin topic.
5. Do not send private messages about your coin unless an Admin ask you too and the same for sending emails through the board.
6. No spam. Do not post any links to your coin or other non-coin websites.
7. Always be respectful even if something makes you upset or you don’t agree with a member. You can always get a second opinion elsewhere. If you have an issue then politely ask an admin in an PM. PM’s are for issues, technical and personal, but not for coin questions (refer to number 5 on this list). Our community is not a soap box for complaining or drama, so please refrain from doing so here.[/size]
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- Coining Around
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1910 $5 Gold Indian worth grading?
Is this coin worth grading? I see a bunch of these in MS61 and MS62 on Ebay and they are nowhere near this nice looking...according to my untrained eye.
- Daniel
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Re: 1910 $5 Gold Indian worth grading?
We can't tell you if your coin is worth grading based on a potential grade. Please do not ask that here, please. Only you know how much you have in this coin and you need to learn how much is cost to join the grading service and their fees. You can find that on their website.
https://youtu.be/HwmLlhfqMH0
https://youtu.be/HwmLlhfqMH0
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Re: 1910 $5 Gold Indian worth grading?
Id probably send it in. Just be prepared to wait. Worst case is it gets a lower grade than you think. But it should be easier to sell having it certified.
- Earle42
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Re: 1910 $5 Gold Indian worth grading?
But at how much loss of profit? And gold will sell whether slabbed or not on ebay b/c the buyer can get their money back if not a legit coin. The companies love people to automatically throw money their way.
Better idea:
You need to get an idea of what the slabbing will cost you (including membership fees, postage, etc.). Get an idea of grade using photograde. No, you will not get an satisfactory answer b/c grading is not a science. Thus it means the ones on photograde, if re-slabbed might not be the grade they are showing!
Understand the above and know you are gambling no matter what. Find SOLD prices for the coin slabbed at the several grade levels you might think it fits the pics of. Then calculate in eBay fees etc.
Only then will you have an idea of whether or not you profit best from slabbing it. Like anything else of value, this is not a simple yes/no situation - homework required.
Common grading company shortcomings & resulting co$tly mi$take$ to collectors (using Kennedy No FG halves):
https://tinyurl.com/y7rksxu8
How much squash would a sasquatch squash if a sasquatch would squash squash?
https://tinyurl.com/y7rksxu8
How much squash would a sasquatch squash if a sasquatch would squash squash?
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- Coining Around
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Re: 1910 $5 Gold Indian worth grading?
I think most people that have a clue about coins enjoy sending them in to see what grade they come back. Its like a game, expensive but potentially very profitable. And just like Poker the more experience you have the better your odds will be. But you will never learn without experience.Earle42 wrote: ↑Sat Jan 22, 2022 10:45 pmBut at how much loss of profit? And gold will sell whether slabbed or not on ebay b/c the buyer can get their money back if not a legit coin. The companies love people to automatically throw money their way.
Better idea:
You need to get an idea of what the slabbing will cost you (including membership fees, postage, etc.). Get an idea of grade using photograde. No, you will not get an satisfactory answer b/c grading is not a science. Thus it means the ones on photograde, if re-slabbed might not be the grade they are showing!
Understand the above and know you are gambling no matter what. Find SOLD prices for the coin slabbed at the several grade levels you might think it fits the pics of. Then calculate in eBay fees etc.
Only then will you have an idea of whether or not you profit best from slabbing it. Like anything else of value, this is not a simple yes/no situation - homework required.
- Earle42
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- Joined: Tue Apr 02, 2019 11:18 am
- Location: OH
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Re: 1910 $5 Gold Indian worth grading?
Sorry Jerseyb. For most people, the facts do not agree with the following statement you made .
In fact in the following thread:
https://coinauctionshelp.com/forum/view ... hp?t=21473
Daniel wrote:
I have been researching the facts behind these companies and keep coming up more and more disappointed. For a real eye opener, using only PCGS data and pictures from their own website, I wrote an essay linked in my signature. I encourage you to read it for a real eye opener. PCGS's level of incompetence on a rookie level (in the specific area of the essay and therefore possibly others) is a really sad thing b/c it has cost multiple collectors (and continues to) thousands of dollars.
When someone like Daniel who deals, lives, eats, and breaths, coins cannot predict what the company will give, and he therefore cannot make a ton of profit all the time, this fact should be the first clue something is amiss with the general mindset concerning these companies.
I am not saying people should not enjoy the slabs if they like them - of course not! But I am saying the companies are given way more of a reputation (through blind faith TPGS are THE hobby experts) than what is easily demonstrated by their own product. The problem is after people invest a lot of money into the companies, those same people don't WANT to know about the the many problems and flaws.
This IS the mindset the companies love to have people believe. But the companies are just businesses wanting to stay in business (aka. make a profit)....but potentially very profitable...
In fact in the following thread:
https://coinauctionshelp.com/forum/view ... hp?t=21473
Daniel wrote:
...There's no short cut to the grading game. I play it all the time and it's trial and error and mostly error for 90% of the people who submit.
I have been researching the facts behind these companies and keep coming up more and more disappointed. For a real eye opener, using only PCGS data and pictures from their own website, I wrote an essay linked in my signature. I encourage you to read it for a real eye opener. PCGS's level of incompetence on a rookie level (in the specific area of the essay and therefore possibly others) is a really sad thing b/c it has cost multiple collectors (and continues to) thousands of dollars.
When someone like Daniel who deals, lives, eats, and breaths, coins cannot predict what the company will give, and he therefore cannot make a ton of profit all the time, this fact should be the first clue something is amiss with the general mindset concerning these companies.
I am not saying people should not enjoy the slabs if they like them - of course not! But I am saying the companies are given way more of a reputation (through blind faith TPGS are THE hobby experts) than what is easily demonstrated by their own product. The problem is after people invest a lot of money into the companies, those same people don't WANT to know about the the many problems and flaws.
Common grading company shortcomings & resulting co$tly mi$take$ to collectors (using Kennedy No FG halves):
https://tinyurl.com/y7rksxu8
How much squash would a sasquatch squash if a sasquatch would squash squash?
https://tinyurl.com/y7rksxu8
How much squash would a sasquatch squash if a sasquatch would squash squash?
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