If you are buying a certified coin, should you make sure it is certified by anyone in specific?

Answer 1

Unless you are a coin collector I don't think you need certified coins, I buy gold coins, Liberty American, Double Eagle, Mapleleaf, and the Krugerrands but none is certified, they cost more and what you need really is the metal, so why pay more? also don't trust too much in those certifications, most are fraud..☺

Answer 2

Some of the people here invest it seems in bullion coins so they really don't need to be certified. If you collect coins and are not good at grading or don't want to take the time to learn then Certified coins are your best bet. They are not fool proof though, for grading is not a science. They make mistakes and remember it is their opinion. Now PCGS,NGC and ANACS in my opinion are the best. ANACS especially, if you have a coin and you want to know if it is real. They also deal direct with the public and charge reasonable rates. There is also one that handles problem coins and professionally repairs them, they too are okay in my book. The rest except for PCI which isn't to bad, I have no use for. This is strictly my opinion. Now coin dealers like PCGS and NGC for they make more money there and they like their grading system. Most old timers and serious collectors don't like or use the grading firms. They all seem to fail, when it comes to large cents and bust half dollars. The collectors of these coins have higher standards than the grading firms. Keep away from mint state 69 and 70 modern coins it is a rip off, as well as this first strike thing.Ngc is being taken to cout over it. How can you have 175,000 or so first strikes. Good luck and remember it is the coin that counts not the holder.If the Coin has a great strike, with eye appeal and jumps out at you, buy it. One other thing Common date MS-64 are just that, very common.

Answer 3

I think the first question you should ask yourself is why you are buying a certified coin? Is it because you don't know much about coins and want to be sure its genuine? A good dealer can provide you education and a lifetime guarantee. Is it because you wish to resell it quickly, (maybe sight unseen)? That could be a good reason if you are more of a speculator or investor rather than a collector. Is it because there is a huge price difference between two grades, say MS64 and MS65? Well, that is a very good reason IF you wish to buy the higher grade. My problem with slabbing, (other than not being able to handle the coin), is the vast differences that they have enabled to exist between minute grades, as well as slabbing new coins to create a false sense of rarity. People act like a MS65 1885 CC dollar is COMPLETELY DIFFERENT than a MS64 1885 CC dollar. Give me a break. All trends go around in coin collecting, and this hyper grading phenomenon will go away as well, giving way as it always does to true rarity and beauty.

Anyway, if you do wish, (for guarantee or reselling ability), to buy slabbed coins, I personally would stick to NGC or PCGS, as those two are the most trusted services, and their graded coins sell for more than coins graded by other services.

Answer 4

I buy small denominations of u.s. silver coins. dimes and quarters. just a safe guard if the economy collapses. having gold coins and large ones in bad times are hard to make change for. I also farm so if the economy goes bad, ill collect allot of gold coins from the folks who can buy them now. a bit off the subject I know. here is a site from the Ana that you will enjoy.

Answer 5

these are generally good :PCGS, NGC, & ANACS

be cautious when buying coins certified bt these complanies , in order of best to worst: SEGS, ICG, PCI, NTC, ACG, ANI, Anyone Else &/or ANY Coin in a CoinWord do it yourself holder