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Bedrock of the Community
13014 Posts |
Quote:
I would be so happy if PCGS would just create a "drop-off" or submission office here in Canada. You send the coins to this office, and PCGS then handles the customs and courier stuff to their grading facility in the US.... a pipe dream really though, because Canada's market for PCGS is just too small. Most of Canada's best coins are already in PCGS holders, owned by American collectors... I'm pretty we've discussed this in the past, but if no recent efforts have been made recently even since Brett took over at the start of the year they have been much more receptive to at least considering ideas from the public. Between Brett and Heather I've seen numerous times where they have responded directly to collector ideas and suggestions which never used to happen a couple years ago. Now seems like a good time to reach out to them again to at least try and get them to have a table for submissions at a major show. A dedicated submission center may not be practical but getting them to come to a show or two a year where submissions could be dropped off seems like something they may be interested in at least testing out Could be helpful too if you could get some sort of dealer petition going to show them the interest is there.
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Pillar of the Community
Canada
2495 Posts |
SPP-Ott.........$25 Canadian per coin sending to PCGS?
Holy Smoke, you must be getting a special rate.
Maybe, just maybe, you're sending a boat load of modern coins to get those rates, but most of us collectors would send under 10 coins and they wouldn't be modern.
Shipping with insurance, I'm guessing would be at least $50 .
Each coin grading fee is $35 USD equals $47 Canadian.
Ten coins totals $570 which is $57 each.
Double what you say.
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Valued Member
 Canada
194 Posts |
that what I was thinking...PCGS is expensive as you need to convert USD etc etc
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Pillar of the Community
United States
3632 Posts |
PCGS is getting better with grading Canadian coins, but they are still on a learning curve. The softly struck coins are difficult for them, too. I share @SPP-Ottawa's comments on the positives for PCGS, and I'll add that the rigid plastic holders provide much better protection for the coins than the soft flips.
I like to cherry-pick varieties at shows, and I've had decent success cherry-picking ICCS and PCGS coins. Because CCCS does variety attributions, it's harder to cherry-pick from their coins.
Again, always buy the coin and not the grade.
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Moderator
 Canada
10456 Posts |
Yes, I know the math does not make sense, but I do submit coins in bulk... and a lot are "modern" coins (1965 and newer) - remember I search ten of thousands of dollars annually in nickel 50c and nickel dollars... I have type set and registry set collectors and clients who snap up almost every 50c I submit... the top coins in the post-1967 PCGS population report are almost all ones I submitted.
Error coins are the toughest pill to swallow.... almost $95 per coin, all in.
"Discovery follows discovery, each both raising and answering questions, each ending a long search, and each providing the new instruments for a new search." -- J. Robert OppenheimerContent of this post is licensed under a Creative Commons Attribution-NonCommercial 3.0 Unported License. See: http://creativecommons.org/licenses...0/deed.en_USMy eBay store
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Pillar of the Community
Canada
576 Posts |
I love raw coins. I know for sale it helps to have certified. I'm been around forever and don't post as much as I could but I've found no grading service I've fallen in love with and certainly when it comes to Maritime coinage American companies are out of the loop. Buy the coin. Buy the strike. Buy the patina. It's just too bad there's a need for TPG's at all but I fully acknowledge the need and the reason for it.
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Valued Member
Canada
125 Posts |
So for someone living in Canada, if you had a $150 or $200 coin (or 10), would you just keep it raw or send it to ICCS? Obviously, spending the money to ship to PCGS or TPG doesn't make sense unless you really really want it certified for some reason.
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Pillar of the Community
 Canada
5585 Posts |
Is the $200 what you could sell it for .. or a book/trends price? I'd keep it raw and protected in a holder.
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Pillar of the Community
Canada
818 Posts |
I have never sent a coin for grading in over 50 years of collecting. I use the money that would go for grading to buy more coins. If I were going to, it would be ICCS. No reason to pay $40-$50 or more to grade it unless the coin is VERY high priced or very high grade. If you spend $50 to grade it and it's listed at $150, then you'll still be hard-pressed to get more than 60% of list unless it's a very sought after coin. The slabbing fee would be a total loss.
If you are just collecting, and you know how to grade, then slabbing it makes no sense. If you plan to sell it, then it may be easier and sell for more if it's slabbed.
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Pillar of the Community
United States
1101 Posts |
Quote: I have never sent a coin for grading in over 50 years of collecting. I use the money that would go for grading to buy more coins.  Same here TerryT. Some people like slabbed coins, but they're not for me. I've bought a few slabbed coins, but I always set them free. 
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Pillar of the Community
Canada
1923 Posts |
I agree with a lot of the answers to your questions.
I have graded many coins on my own as I'm sure we all try to do, but when I get one that is a nice high grade, a variety, or hard coin to find that would command a good return I like to put them in a hard slab for protection as well as if you have to re-sale it I think would help I prefer PCGS. Like many have mentioned it is costly but well recognised through out the world as one of the best, I also like CCCS hard slabs much cheaper if you live in Canada I think his grading is compatible with ICCS. If you don't mind soft slips I would go with ICCS it used to be a 2 week return. I have sent many coins in to grade by all the ones I mentioned, but I also agree with okie, TerryT, Phil310 if its not worth a good return then no I wouldn't grade it either I also have boxes of un-graded coins in 2x2's and any of the mint stuff I wouldn't bother to get graded unless its a error coin so really in the end its what you like to do with them, they are yours
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New Member
United States
17 Posts |
I have two purchased slabs, one by CCCS and the INB and yes.the INB are scams. I'll get the INB graded again. I hate to be the monster here but everyone has something bad to say about those who choose to get their coins graded and slabbed but most of the comments are speculative about grade using the excuse that the pics aren't quality enough for them to "grade" in this forum. If you want to spend money grading your currency, do it and I have to say that a trusted grading company will likely get better results than yourself or from here with low quality pics. Sorry if I offended.
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Pillar of the Community
Canada
1081 Posts |
I've had reasonably good experiences with both CCCS and ICCS. One practise at ICCS that I don't approve of is substituting reduced grade for details calls. e.g. rather than grading a coin EF-40 hairlines, they will grade the coin VF-30 and leave out the hairlines notation. I think this is misleading in two ways. As I understand it, this is not the practise at CCCS (or PCGS).
Having said that, of the coins I've sent to the two agencies, while most have been accurately graded there were some mistakes. One important missed variety at ICCS, one inexplicably low grade at CCCS. Out of the 100 or so coins I've had graded, that's not a terrible track record.
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Valued Member
Canada
289 Posts |
Wow, brought back from the grave! lol.
Personally I feel like CCCS tends to overgrade coins at times. I generally think ICCS does a good job, but I agree on the net grading comment. I'd much rather have the correct technical grade and a notation of the problem to be aware of. Note I'm mostly looking at coins graded 65 and higher so I'm not sure on CCCS for lower grade coins. I found a CCCS 67 in a coin I wanted and cracked it out and sent it to PCGS. It came back a 66, which unfortunately was not really a surprise. So if you are a seller you will probably feel happy about CCCS inflating the grade a little, but I think at least some people would rather buy PCGS or ICCS instead of CCCS because of this. As always, my opinion. If Hugh is on here I'll probably hear about this. Lol.
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New Member
Canada
20 Posts |
If I am dealing with photos only then, I assess the coin myself up to EF45, the TPG is secondary. AU50 and up and not in my hand I rely on the TPG. I have found ALL the TPGs to be Inconsistent in and among themselves and each other. My most valuable tool is my own experience and knowledge, which takes time to acquire. If you are concerned about a particular coin then I would suggest putting up a Good photo or link and submitting it to this forum for opinions.
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