Coin Collector Journal - Yankeejose

Member Journal Entry:

Sent in my first NGC Submission last week!

Posted: 8/10/2012 11:29:33 PM | Views:347

A test of my skills and how much have I learned about coin grading in the last few years

In one of my previous journals I had asked the question-how to determine what coins to submit. Thanks to Gary, Rick and Steve1942 for some good points I had not considered. They reinforced that for many coins it is still cheaper to buy them already graded versus paying for the raw coins plus submission costs. Some additional ideas they shared were that the coin may be worth submitting in order to fill out a needed spot in my set, preserving the coin to keep it in its current condition, and maybe down the road the certified coin would increase in value. I also submitted some coins graded by my favorite dealer as test of his grading acumen.
From reading other CS member's journal I have the seen the agony and the ecstasy when they find out the coin's grade. If the coins come back not as expected, of course it would be disappointing, but for me it would just mean back to the drawing board.
I had narrowed my choices down to 10, calculated the cost and then quickly dropped it down to 6. I sent my coins in on 7/30, so probably a couple of more weeks before I get them back. Here is my list of submissions and my best guess grades-good or bad I will share the results.

Coin Est. grade
1879 S Morgan MS63 I know this is a common date- but this has a really strong mirrored finish on the obverse and reverse. I don't know enough about grading Morgan's to say this should grade DMPL, but it has nice eye appeal so it's worth a shot.
1955 Proof Franklin PF66 Popped out of a PCI holder that was PF67 Cameo- again I am not an expert on Cameo Franklins so not sure if it will get a Cameo rating.
1842 Liberty Dollar VG-8 This is my Dad's coin- he is 91 and he's not sure where he got it. May have come from his mother who born in 1896. Maybe came from her mother? Sentimental value on this coin- has some dings on the reverse so it could get a details grade.
1937 D Quarter MS64 My dealer sold it as an MS64+- this will give me a good clue on the accuracy of his grading.
1937 P DDO Quarter VF25 As mentioned in a previous journal, this coin was in my box of duplicates. I paid for the variety attribution- hoping it is FS-101-sure has all the signs that I can see.
1943 S Quarter MS65 This is the best of my raw MS quarters- seems almost flawless as far as dings or scratches- MS66 would be awesome but not going to get my hopes up- still a rookie at grading MS coins.




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