The trade-in of graded coins is completely different from that of raw coins. The plastic holders and grades from PCGS and NGC are like the"identification cards"of silver dollars – guaranteeing authenticity, providing a standardized quality assessment, and enhancing liquidity. Consequently, their quoted prices are significantly higher than those of raw coins of similar condition.
Mr. Chan, in his early fifties, lives in Sha Tin and works as a financial analyst. He has been collecting silver dollars for over fifteen years and possesses a collection of PCGS-graded exquisite pieces. He recently planned to emigrate to Singapore and wanted to cash out some of his silver dollars, taking the rest with him.
"I'm very familiar with the market, so you don't need to explain too many basics. I want to know the difference between your actual offer and the market price,"Mr. Chan stated directly, bringing eight PCGS-cased coins.
List of Eight Graded Coins
| # | Variety | Grade | PCGS Number | Quoted Price (HK$) |
|---|---|---|---|---|
| 1 | Republic of China Year 3 Yuan Shikai | MS62 | Verified | $18,500 |
| 2 | Republic of China Year 3 Yuan Shikai | AU58 | Verified | $9,800 |
| 3 | Republic of China Year 9 Fine Hair Version | XF45 | Verified | $22,000 |
| 4 | Sun Yat-sen with Six Stars Above | AU58 | Verified | $6,500 |
| 5 | Sun Yat-sen with Six Stars Above | MS61 | Verified | $8,200 |
| 6 | Peiyang Year 34 Kuang Hsu Yuan Pao | VF35 | Verified | $7,800 |
| 7 | Hupeh Kuang Hsu Yuan Pao | XF40 | Verified | $8,500 |
| 8 | Xuantong Year 3 Curved Dragon | AU55 | Verified | $12,000 |
Total for eight coins: HK$93,300
After comparing with recent auction Cheng Jiao Jia (transaction prices), Mr. Chan decided to sell five of them (#1, #3, #4, #5, #8) and keep three to take to Singapore. The selling price for the five coins was HK$67,200.
"The difference between your quotes and the market price is around 8-12%, which is reasonable,"commented Mr. Chan, as an experienced collector.
Do you have PCGS / NGC graded coins you wish to sell? WhatsApp 98342057. Gujin Jianbao accepts graded coins for trade-in, verifying holder numbers and providing quotes on the spot.
