I just got my first graded coin, what was your first graded coin?

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I just got my first graded coin N#1493 for my collection this is coin was on my bucket list because I'm trying to get all different types and mints from the year 2006 (my birth year)  from the USA even the ones that are not intended for circulation as well as federally minted bullion coins for a complete year set from my country.

 

However I posted this so as to know what coin was your first graded coin. 

Why is grading bullion even a thing? 😵‍💫

I just bought some basement slapper's over graded coin years ago that was still nice condition and nobody bid on it so it was very cheap. 

Only bought one slabbed coin in my life, the Iles de France et Bonaparte.  I broke it out later that day.

Idolenz

Why is grading bullion even a thing? 😵‍💫

I just bought some basement slapper's over graded coin years ago that was still nice condition and nobody bid on it so it was very cheap. 

lol I only got this because it was a decent deal on a coin for this year, got it for $35 which is pretty good considering the usual premium on these coins. I'm usually only ever able to find these at $50, even for ungraded coins which is insane but I'm forced to pay more than it should be worth if I really want to complete the set. Again I did not buy this because I thought it a good deal for silver (it's not) it's just that for me to complete the year set I have to buy a few different coins that are bullion. Understand that If this were just for bullion I would just be getting some non federally minted bars that little to none premiums on them.

Idolenz

Why is grading bullion even a thing? 😵‍💫

I just bought some basement slapper's over graded coin years ago that was still nice condition and nobody bid on it so it was very cheap. 

Grading is a thing so dealers and sellers can ask way more than the standard price. 

but speaking about coins that I believe should be graded my friend has this coin and for the age and condition even though not MS nor AU I've been telling her to send it to NGCN#22040

(I think its low to mid XF)

edit sorry for the people who saw it before I changed the link lol my bad

We don't generally do slabbing in New Zealand or most places outside America and Canada.

 

I have 10,000 coins, none are “slabbed”

 

The German coin above is nowhere near XF, I would say its sub Very Fine.

I love coins. Especially silver, gold and anything really old.
Member of the Royal Numismatic Society of New Zealand and the Auckland Numismatic Society

Moneytane

We don't generally do slabbing in New Zealand or most places outside America and Canada.

 

I have 10,000 coins, none are “slabbed”

 

The German coin above is nowhere near XF, I would say its sub Very Fine.

wouldn't that mean a lot less hair detail and almost no indents in the leaves?

Slabbing, especially of banknotes, is a poison on our hobby.

It's a racket.

 

The standards of grading varies quite a lot for graded banknotes, and notes are frequently overgraded. Additionally, notes which are not UNC have been graded as such.

Slabbing of a note makes it difficult to spot problems on a note which purports to be UNC.

 

Some collectors appear to collect slab numbers rather than the notes inside them!

 

I have only ever bought two notes which were slabbed - both rare dates, one overpriced by a good 30% from a dealer who should have known better [maybe he was having a bad day], the other very cheap at auction. I cut them both out of the slabs immediately.

I can see some positives for slabbing in the sense of authentification but we also live in a world were Chinese exist. They are now extremely proficient in faking coins and slabs so we are at the start again, hell they even fake rice and eggs.

You have to rely on your experience, your gut  and do your research to not get burned.

silvergeek

Moneytane

We don't generally do slabbing in New Zealand or most places outside America and Canada.

 

I have 10,000 coins, none are “slabbed”

 

The German coin above is nowhere near XF, I would say its sub Very Fine.

wouldn't that mean a lot less hair detail and almost no indents in the leaves?

No its the flatness on the face and cheek, the overall darkening on the fields and lack of lustre. An XF coin should be shiny and have almost no wear naked to the eye. Even the loosey goosey American standards of grading would place that coin in the VF's at most. 

 

There is not much hair detail on that coin, for XF you would expect every strand clear and only light rubbing on the tops of it.

 

Idolenz, agree totally as the Chinese are now faking slabs too and putting their fake coins as well. But its a bit harsh to assume that the Chinese do nothing but fake things, some Chinese industries yes, but China has 1.4 billion people and not all are hell bent on world domination or undermining the global economy.

I love coins. Especially silver, gold and anything really old.
Member of the Royal Numismatic Society of New Zealand and the Auckland Numismatic Society

It's not harsh simply the truth I don't accuse every single Chinese person but China has the tech and to numbers so the chance that somebody does something shady on a big scale approaches 1. I don't even base this on internet articles or mainstream media but first hand stories from multiple Chinese students I new from my university.

Also as long as it doesn't harm the Chinese economy they have absolutely nothing to fear from the public or state security police.

 

There is not much hair detail on that coin, for XF you would expect every strand clear and only light rubbing on the tops of it.

I respectfully disagree.  

 

You are grading based on late 19th century to today system.  This late, 18th century coin would rarely make MS grade based on the technology of the day.  Apples and oranges.

It ain't what you don't know that gets you into trouble.  It's what you know for sure, that just ain't so.  Mark Twain

I bought several graded coins over the years, but I use

 to liberate them the day they arrived…
I am collecting coins, not fancy plastic…

...you can run,  but you can't hide...

Peter M. Graham

 

There is not much hair detail on that coin, for XF you would expect every strand clear and only light rubbing on the tops of it.

I respectfully disagree.  

 

You are grading based on late 19th century to today system.  This late, 18th century coin would rarely make MS grade based on the technology of the day.  Apples and oranges.

No comment.

 

I grade all my coins by the same standard regardless of technology. 18th century coins were still milled, its not like they were made by banging rocks together!!

 

 

So I will say this AU rather than VG, because its 17th century?

I love coins. Especially silver, gold and anything really old.
Member of the Royal Numismatic Society of New Zealand and the Auckland Numismatic Society

I don't have and will never have any slabbed coins, since there is a money machine behind that fashion. Not for me, but enjoy it, if you like them.

Globetrotter
Coin varieties in French:
https://monnaiesetvarietes.numista.com

The poster proposed a perfectly good topic, but the anti-slab partisans feel free to stink up the thread with their opinions, right or wrong about the merits of slabbing, which NOBODY ASKED FOR. 👺 

 

I got this item a few years ago.  Very glad to have it too. 

 

 

Since then I have been on the look out for special cases. I have dozens now. 

Jamais l'or n'a perdu la plus petite occasion de se montrer stupide. -Balzac

I just got my first graded coin, what was your first graded coin? The theme of the OP?

 

So of course I gave just my opinion, which is legitimate, isn't it?

Globetrotter
Coin varieties in French:
https://monnaiesetvarietes.numista.com

silvergeek

 I'm trying to get all different types and mints from the year 2006 (my birth year)  from the USA even the ones that are not intended for circulation as well as federally minted bullion coins for a complete year set from my country.

 

That's some lofty goal.  Just the melt value for those coins comes to $16,265.  Maybe not get one from every mint?

Mr. Midnight

The poster proposed a perfectly good topic, but the anti-slab partisans feel free to stink up the thread with their opinions, right or wrong about the merits of slabbing, which NOBODY ASKED FOR. 👺 

 

I got this item a few years ago.  Very glad to have it too. 

 

 

Since then I have been on the look out for special cases. I have dozens now. 

nice!

rsirian1

silvergeek

 I'm trying to get all different types and mints from the year 2006 (my birth year)  from the USA even the ones that are not intended for circulation as well as federally minted bullion coins for a complete year set from my country.

 

That's some lofty goal.  Just the melt value for those coins comes to $16,265.  Maybe not get one from every mint?

nope im going to its just going to take probably a decade lol if I can find a proficient way to keep savings for a while

silvergeek

rsirian1

silvergeek

 I'm trying to get all different types and mints from the year 2006 (my birth year)  from the USA even the ones that are not intended for circulation as well as federally minted bullion coins for a complete year set from my country.

 

That's some lofty goal.  Just the melt value for those coins comes to $16,265.  Maybe not get one from every mint?

nope im going to its just going to take probably a decade lol if I can find a proficient way to keep savings for a while

Good luck.

Globetrotter
Coin varieties in French:
https://monnaiesetvarietes.numista.com

Sjoelund

I just got my first graded coin, what was your first graded coin? The theme of the OP?

 

So of course I gave just my opinion, which is legitimate, isn't it?

yep that's fine lol

Sjoelund

silvergeek

rsirian1

silvergeek

 I'm trying to get all different types and mints from the year 2006 (my birth year)  from the USA even the ones that are not intended for circulation as well as federally minted bullion coins for a complete year set from my country.

 

That's some lofty goal.  Just the melt value for those coins comes to $16,265.  Maybe not get one from every mint?

nope im going to its just going to take probably a decade lol if I can find a proficient way to keep savings for a while

Good luck.

Yep,  good luck.  BTW…romance and marriage and kids have a way of disrupting such plans.

You have a goal until the next deviation (the GPS law!)

Globetrotter
Coin varieties in French:
https://monnaiesetvarietes.numista.com

rsirian1

Sjoelund

silvergeek

rsirian1

silvergeek

 I'm trying to get all different types and mints from the year 2006 (my birth year)  from the USA even the ones that are not intended for circulation as well as federally minted bullion coins for a complete year set from my country.

 

That's some lofty goal.  Just the melt value for those coins comes to $16,265.  Maybe not get one from every mint?

nope im going to its just going to take probably a decade lol if I can find a proficient way to keep savings for a while

Good luck.

Yep,  good luck.  BTW…romance and marriage and kids have a way of disrupting such plans.

lol 

rsirian1

Sjoelund

silvergeek

rsirian1

silvergeek

 I'm trying to get all different types and mints from the year 2006 (my birth year)  from the USA even the ones that are not intended for circulation as well as federally minted bullion coins for a complete year set from my country.

 

That's some lofty goal.  Just the melt value for those coins comes to $16,265.  Maybe not get one from every mint?

nope im going to its just going to take probably a decade lol if I can find a proficient way to keep savings for a while

Good luck.

Yep,  good luck.  BTW…romance and marriage and kids have a way of disrupting such plans.

also I've kinda always been scared at how a romantic life could mess me up so I'm definitely taking my time on that branch of life lol

Beautiful coin!  I think you're fine to have such a lofty goal as you already seem to understand it will take considerable time and resources.  rsirian is right, if you just leave out the romance and kids you could marry another numistmatist for convenience. 😆

I just got my first graded coin back last Thursday.I scanned the coin on PCGS set registry and it look like this.

I need help trying to understand how the grading system works too cuz, I also sent other coins in with that Liberty piece.I sent in a 2019 D War in the Pacific out of the collectors set cuz it was a different  dark bronze type color with the all the brush lines in it and it only came back MS 65.I got back 1964 -61 and a 59  Washington Quarter that came out at grades of MS 64.They some cute quarters but they shouldn't  be that close to an uncirculated collection coin.

Anacs Sacagawea dollar. Turned out to bea total ripoff and the start of a great collection.

If you don't stand for something you'll fall for anything

& src="https://en.numista.com/forum/images/miniatures/62da03d55e487.jpg">

 

A very basic 1925 Peace Dollar. I think it was also the first coin (or one of the first) that I properly bought.

Edit: Am I doing the picture wrong, or does it not show pictures you uploaded?

userchap

& src="https://en.numista.com/forum/images/miniatures/62da03d55e487.jpg">

 

A very basic 1925 Peace Dollar. I think it was also the first coin (or one of the first) that I properly bought.

Edit: Am I doing the picture wrong, or does it not show pictures you uploaded?

I dont think you can use html like that on here. probly have to upload again.

Jamais l'or n'a perdu la plus petite occasion de se montrer stupide. -Balzac

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