Guido
Valued Member
United States
372 Posts
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I am going to send some gold coins into NGC for grading. They have maximums for value depending on the category you submit under. For example, the specialty gold limit is $1,500. Does this mean what I think the coin is worth, or what it would be worth depending on what grade it receives? Or if I think it's worth more than that, I need to go up a level to Express with a limit of $3,000. Or should I just submit them all under the $1,500 limit and see what they say and decide?
***Edited by Forum Dad to move to TPG forum***
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Pillar Of The Community
United States
1984 Posts |
I have assumed that the estimate of value was both to get an accurate grading cost and to cover them in case the coin is damaged or lost. If you put a value of $800 and somehow in the process the coin is lost or mishandled/damaged, you wouldn't get more than $800 for it. When I have filled out forms in the past, I have used various measures of value. For coins to which I have a minimal emotional attachment, I have used as a value what I paid for it, for others, I have gone higher.
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Posted 11/30/2007 12:23 am
nah, I don't think they would do that but just about guarantee SGS or NNC would. But chances are they would want a higher grading fee for the coin if it was worth alot more than your estimate, but like I said I don't remember ever hearing of this happening
