Posted 06/05/2018 01:20 am
In essence, they can't be labeled as errors unless you pay more (in many cases), no matter how obvious the error may be. You get what you pay for and that's a solid business practice on their part.
The PCGS Mint Error submission fee is $65, while the Regular fee is $35 and the Modern is just $16. So, if you want your modern Mint error labeled as such, even if it's only worth $200, then you need to add $49 in fees. The primary difference I see in service levels is maximum coin value. The Mint Error level allows Coins up to $20,000, but the Modern level only up to $300 and Regular up to $3,000. The Express level has the same fee and maximum coin value as Mint Error, so it's really more about coin value than anything.
It's not worth paying the higher fee when submitting error coins valued under $300 (in my opinion). If it falls more in the $300-$3,000 range, then I would consider paying the extra $30 over the Regular level fee to have the error attributed on the label.
But, I've never submitted a coin for grading.
It does make me wonder, though, if I submitted a genuine 1943 copper LWC for normal grading under the Regular service level, would the grader(s) actually sit there and grade it as if the obvious was not obvious? Or, would they contact me and say, "Hey, if you pay $30 more, we can label this correctly"?
The PCGS Mint Error submission fee is $65, while the Regular fee is $35 and the Modern is just $16. So, if you want your modern Mint error labeled as such, even if it's only worth $200, then you need to add $49 in fees. The primary difference I see in service levels is maximum coin value. The Mint Error level allows Coins up to $20,000, but the Modern level only up to $300 and Regular up to $3,000. The Express level has the same fee and maximum coin value as Mint Error, so it's really more about coin value than anything.
It's not worth paying the higher fee when submitting error coins valued under $300 (in my opinion). If it falls more in the $300-$3,000 range, then I would consider paying the extra $30 over the Regular level fee to have the error attributed on the label.
But, I've never submitted a coin for grading.
It does make me wonder, though, if I submitted a genuine 1943 copper LWC for normal grading under the Regular service level, would the grader(s) actually sit there and grade it as if the obvious was not obvious? Or, would they contact me and say, "Hey, if you pay $30 more, we can label this correctly"?
In Memory of Crazyb0 12-26-1951 to 7-27-2020
In Memory of Tootallious 3-31-1964 to 4-15-2020
In Memory of T-BOP 10-12-1949 to 1-19-2024
In Memory of Tootallious 3-31-1964 to 4-15-2020
In Memory of T-BOP 10-12-1949 to 1-19-2024
