Question:

Would it be better to have a non-graded coin, or a poor graded coin?

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I have a couple old gold eagles, and a couple old gold kurrgands (South Afican coin). I bought the coins awhile ago, for basically spot price. I also have some older (80's) american eagles, that have some slight toning.

When I eventually sell these coins am I better off selling low graded coins, or selling these as non-graded coins? Assuming if I get them graded them come back with a low grade.

Does anyone know if toning impacts the grade of the coin?

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2 ANSWERS


  1. Coin grading adds value as the buyer at least knows what it is worth and would be easier to sell than non-graded. toning does impact the grade of the coin as uncirculated coins are graded higher and usually sell for more.


  2. These are all bullion coins.  I doubt that the cost of grading will be worth the effort.  In general as a rule toning should not effect the grade.  In fact if the toning is of a rainbow nature, it can actually raise the value at least of U S silver dollars. I have seen unusually tone dollar coins go for pecularly high prices.  It does however effect the value of pennies dramatically.  A bright red penny is worth much more than a toned penny.  

    I say all of this with tongue in cheek.  Tastes are constantly changing in what collectors are willing to pay for coins.  There was a time when certain U S silver dollars were bringing rediculous prices back in the 80s.

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