Then you are a coin collector!

Tell me: are you still collecting raw coins?

Take any coin in your collection and tell me what it's worth.
To do so, you must make a decision on the grade of the coin.
I will assume that you are an expert in rating a US coin, therefore you have reached the correct rating for the coin you selected.

Obviously, the rating determines the value or value of the coin.
And, once you have the grade of the coin, any source of the price or value of a coin will tell you the value. (for example: gray sheet, red book, black book, Coin World, etc.)
Whether you are preparing to place a book value in your collection, preparing to update or sell a coin from your collection, or preparing to buy or update a new addition, the grade of the coin in question is very important. Degree is everything. Nothing matters more than the grade of a collectible coin.

Now, suppose you are selling this coin, and represent that it is the grade you decided on. You have valued the coin according to a reliable price guide.
What percentage of all coin collectors will accept and believe the grade you assigned, even if they could examine the coin in person?

Probably a small minority! Why? Because the grade of a coin is the most important identity factor, and determining the grade is a difficult process. This is true, either buying or selling. If the rating is not true or correct, then money will be lost: it will be lost to the seller if the rating is too low; Lost to the buyer if the rating is too high.

There is nothing wrong with buying and selling raw coins. Even if they can come from pocket change or bank rolls. But once you decide to make them part of your collection, they need to be graded by an independent professional coin grader.
This is because you need to know the value or value of each coin, as well as the total collection.

But, you say, it's just my personal collection, and I'm not going to sell it now or ever. Great, I mean, but don't you ever plan to update any of those coins? Whenever you want to sell a coin in your personal collection, you must sell it with a rating and a price. This means that you have to represent another person, the grade of the coin. You must do this because you have to put a price on the coin. When that coin has been professionally certified and rated, you've removed the biggest point of argument. Knowing the grade makes everything so much easier. Price is awarded once qualification is established.

Dreaming of having a coin with the highest grade (in any class), as we leaf through the pages of our Red Book, it has occurred to all of us since the beginning of our coin collecting days. Each of those "Dream Coins" passed the test and met the requirements of the Coin Grading Guide established by the ANA (American Numismatic Association).

What most coin collectors do not realize is that there are only four (4) companies that offer independent professional coin rating and follow the official ANA rating standards for US coins. These companies are: 1) PCGS; 2) NGC; 3) ANACS; and 4) ICG. These are the companies that will be used when those raw coins need to be rated.

Get the highest price for the coins you're selling; Get the best price for the coins you are buying; and get an accurate evaluation of your collection. Collect certified and classified coins! Do not play with buyers and sellers above the grade of a coin. Know the grade of your coin!

Have fun collecting your perfect coins! For more visit here

Author's Bio: 

Get the highest price for the coins you're selling; Get the best price for the coins you are buying.