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 Replies: 108 / Views: 10,859 |
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Bedrock of the Community
United States
11951 Posts |
I have been watching this thread, to see how your first experience with sending coins goes.
I have sent coins in through a local coin shop, but have been wanting to start sending them in myself.
If you care to share your experience, I think other members would also like to know the process.
Did you sign up for the one year membership, with five free submissions.
I am also interested in how much the shipping and return shipping will cost, if you care to share that information. And of course how long the complete process takes.
I like your selection of coins you are sending in, it should be interesting
to see how they come back.
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Pillar of the Community
 United States
2815 Posts |
GR58- I will certainly write about my experience with submitting coins. I'm excited about it. Since 99% of my collection was given to me by my father, I feel that this is sort of like upgrading the collection. The 1879-S was the first Morgan my dad bought. He acquired it by mail order when he was stationed in Okinawa, Japan back in the late 1960s/early 1970s. So this one is very special to me. I acquired the other 4 within the last couple of years. After these come back, I'm going to sort through and pick out more silver dollars to send in. This time I will be looking for the best condition coins to send in. I signed up for the associate membership. In the end, the cost was about the same ($39.00 membership fee + $85 for 5 coins). So I saved a whole dollar going this route. LOL. The return shipping for this lot will be $24.00. I chose the economy tier, which is 21 working days and $17.00 per coin. I'm not sending these in to enhance their value for re-sell, and I don't need them back in a hurry. I just want them certified because I like 'em a whole lot, and I want to spend the least amount possible to get them in NGC slabs. They aren't going anywhere. They'll be with me 'till the day I die. Then my daughter can decide what to do with them. What fun for her! I'll keep updates on the process as the tracking information updates on NGC's website.
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Valued Member
United States
140 Posts |
Cool Story. I hope they all grade MS-65 for you. Take Care and happy collecting.
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Pillar of the Community
United States
2815 Posts |
Thank you, jm20. I mailed out the package today via Registered Mail. I was sick yesterday and didn't make it to the post office. They clerk said it should get there on Thursday. Until the next update. . . . .
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Bedrock of the Community
United States
11951 Posts |
39 85 24 DM SO if I have you right so far $39 membership $85 for 5 coins submission (economy tier) Can I ask what you paid for shipping to them? $24 return shipping 3 days shipping to them and somewhere around 21 days .. or less return. I do think at some point you will be able to sign in to their sight and see what they graded .. Please correct me if I am wrong with any of the above information. I am cheering for you to get good grades  |
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Valued Member
United States
477 Posts |
Are the holders you have/had them in airtight? World Coin holders they are called? Are they reusable?
Rick
Edited by shootnstarz
08/20/2013 8:08 pm
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Moderator
 United States
23522 Posts |
Quote:
Are the holders you have/had them in airtight? World Coin holders they are called? Are they reusable?
They're Coin World holders (from the magazine - note their logo on bottom left). You can Google that name to find dealers; they're sold under it. No, they're not airtight, but yes, they're reusable. |
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Pillar of the Community
United States
2815 Posts |
GR58- it cost me $22.00 to ship them to NGC via Registered mail. You're right on everything, and yes, I will be able to track the progress of my order, which is really cool. I'm just wondering if I should wait until I actually get them back to reveal the grades. In all honesty, I'm expecting the 1898 and 1921 to get DETAILS grading for "AT" and "cleaning" respectively. I think the 1921 has been cleaned, but I'm not 100% sure. The other 3 should be good to go.
Edited by Darth Morgan
08/20/2013 11:29 pm
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Pillar of the Community
1751 Posts |
My honest opinion from your images is that the only one that grades cleanly will be the PL '79-S... at 62. The rest will be bagged.
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Pillar of the Community
United States
1053 Posts |
Awww FadeToBlack... But they're such nice coins...
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Pillar of the Community
1751 Posts |
1879S MS62PL. Okay coin, not worth the cost of slabbing when even a 65PL is only worth $150.
1889P MS Details, altered surfaces (whizzed, dipped, polished, somehow it just doesn't look right)
1898P AU details questionable color.
1921P AU Details, cleaned.
1976S MS Details questionable color.
Just my honest opinion given the lackluster images. Could be way off, could be smack dab on. So I would disagree with you, given what I've got to work with, I don't think they're that nice.
EDIT: I've never submitted to NGC myself, but if they work like PCGS, they will break out the modern from the rest of them and have graded on it's own and also send it back on it's own. In other words, you'll be charged costs for shipping the older coins back and the '76-S back. Your costs might be much higher than you think. Also, if they charge handling fees per submission, you'll be charged two of them.
Edited by FadeToBlack
08/21/2013 12:33 am
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Pillar of the Community
United States
2815 Posts |
Thanks, 1962penny. FTB- none of the coins will be bagged. NGC will slab any "problem" coin with a DETAILS label as long as it is genuine, according to the DETAILS grading section of the website. All the coins will ship back together because all five are on the same invoice/submission form. The online form gives you the option to have all coins submitted shipped back together in one package. Based on the declared value of the package, return shipping is $24.00. The economy tier is for ALL non-gold US coins, regardless of date, for values up to $300 per coin, I believe. FTB- I think you've developed a reputation for being very blunt with your opinions on this forum, and there is nothing wrong with that. I welcome your opinion just as much as anyone else, even if it does come off as harsh. I take no offense from it.I DO want honest opinions. I can take it. I thank everyone for their input. I'm loving this learning experience. Edited by Darth Morgan
08/21/2013 10:20 am
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Pillar of the Community
1751 Posts |
I didn't know that about NGC regarding shipping, I suppose that is good. The PCGS employees I spoke with didn't mention if anything like that was available for them when I submitted about 20 coins and they had to break everything out into 4 different submissions. Expensive lesson. Oh well, I've already recouped my costs via selling just a few of the coins I submitted, haha. Thanks for the tuition about NGC, I was reading their website but they don't have jack in the way of details and I couldn't find a form without paying anything. Granted, I didn't look that hard... Also, that's what I meant by "bagged". Details slabs.
Thank you for not taking offense, I feel way too many people take offense to what I say about their coins... in the long run, these are just chunks of metal. If anybody wants to slam a coin I post, I more than welcome it, provided it is justified.
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Pillar of the Community
United States
2815 Posts |
No problem, FTB. I appreciate anyone even taking the time to offer their opinion on one of my topics. About the term "bagged" coins: is this what most collectors use to describe a DETAILS slab? The term "body bag" refers to a coin that is refused grading period, correct?
Edited by Darth Morgan
08/21/2013 1:39 pm
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Valued Member
United States
331 Posts |
I appreciate you shareing this experience with us. And I hope you get top grades for the coins you sent in. Like you I have coins I have been given by loved ones. And you know they mean more to me than the most valuable coins in my collection. So I wish you happiness and luck on this journey.
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Replies: 108 / Views: 10,859 |
First Page
Posted 08/17/2013 12:05 pm
