Get it graded first. From what I understand, there are 5 big coin graders in the industry. Get it graded by one of them, preferably the top one. Then you will know what it is really worth. I understand the top company is a tough grader, but it holds the most weight as far as getting top dollar.
A friend of mine recently got into this game. He was buying up coins at local auctions with the intent to resell them on ebay. What he found was a MS 63 grade from one firm did not carry the same weight as a MS 63 from one of the top five. Anyway, he put $15k into coins before he sent some off to be graded. ALL his coins came back as UNGRADEABLE! Why? Because it is common for dealers and auctioneers to wash the coins to make them look in better condition. I guess washing really affects the value. He is now selling all his coins at a local auction over the next few months. He says he should only be down$2k or so, but I don't know...
Last edited by Halvey; 12/21/06 02:23 PM.
