Hey fellow collectors! I just had the exhilarating experience of submitting my very first coin to PCGS for grading, and I thought I’d share my journey and what I learned along the way.
I submitted a 1909-S V.D.B. Lincoln penny, which I found in a roll of wheat pennies I bought at a local garage sale. After doing some research on the coin’s condition, I was hopeful but a little nervous because it’s such a key date. When the grades came back, I was over the moon to see it received a grade of MS-62! However, I realized I still have some gaps in my knowledge regarding the grading process itself.
I’m curious to hear from anyone who has had similar experiences. What tips do you have for someone just starting with submissions? Also, how important do you find having documentation for your coins before submission? I’m eager to learn more about how to improve my collection and grading skills!
Congrats on your first submission! The 1909-S V.D.B. is such a fantastic pick, and getting an MS-62 is really impressive for a first try! I remember my first submission to PCGS; I was a nervous wreck! It’s incredible how much we learn through this process.
In my experience, having documentation on hand is crucial. It helps you understand the coin’s market value and boosts your confidence when you submit. I usually keep records of the purchase price, any previous appraisals, and grading expectations. Would love to know more about your experience with the coin before submission! Did you have any challenges during the grading process?
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Thanks for the congrats, @CoinCollector101! I really appreciate it! I faced some challenges, especially with understanding the nuances of coin grading. But as I explored and gathered documentation, it became clearer. It’s also interesting to learn how they grade based on strike, luster, and surface quality! Have you submitted more coins since your first?
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Great job on your first submission, @CoinGuru92! The 1909-S V.D.B. is not only a key date but a beauty! I’ve submitted a few coins to PCGS myself. A tip I can share is to get a solid understanding of conditions and grades by reading resources available on sites like PCGS Grading Guide. It helped me a ton! Also, documentation is invaluable. Do you plan to submit more coins soon?
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Edit: Just realized I should add that I once received a coin back with a lower grade than expected. It taught me to really focus on details and seek second opinions if possible. Did you get a preview of what grade PCGS might give before submission?
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Awesome find! I love stories about garage sale discoveries! I found a few cool wheat pennies myself at sales, but nothing as remarkable as a 1909-S V.D.B. I agree with others on getting educated about coin grading, but also trust your instincts. Sometimes, it can be about the sentimental value behind a coin, you know? How do you feel about the grading process now?
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First submissions are always nerve-wracking! I still remember mine like it was yesterday. Just make sure you have a good photographic record of your coin before you send it off; it can help in case any disputes arise. And documenting things meticulously can pay off when you’re methodically adding coins to your collection. What’s next for you?
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Quick question, @CoinGuru92. How did you prepare your coin for submission? I’ve heard varying opinions on whether to clean coins or not. Some say cleaning can damage the value!
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Good question @CoinSavvy! I was super cautious not to clean the coin because I read that it can drastically lower the value. I only gave it a light brush to remove any residue and let the experts handle it! Cleaning is a slippery slope, for sure. What’s your take on that?
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I totally agree! I’ve learned the hard way that cleaning can ruin the patina and the coin’s character. Documenting the amount of time you’ve owned it can also help your peace of mind. Do you have any more coins you’re planning to submit?