| Author |
Replies: 875 / Views: 78,269 |
|
|
|
New Member
United States
45 Posts |
My 5 oz. coin was part of a back order which included a proof and uncirculated Apollo gold coin which I have already received and was shipped by UPS signature also. Was not charged any shipping on this order.
|
|
Pillar of the Community
 United States
4901 Posts |
That works ... good luck with your saucer. I saw a couple of other "Ship date of May 1st" that were also shipped to purchasers recently
Wonder when the October crowd will start to depart....I have a couple more in that bunch
My original ones were received by NGC 14 days ago and still haven't proceeded to be scheduled for grading
Edited by Foxwoods Man 02/26/2019 09:36 am
|
|
New Member
United States
45 Posts |
I am planning n attending the National Coin Show in Pittsburgh, PA on March 29 and 30, only a half hour drive for me. There will be a PCGS representative there to receive coins for grading. Will I get a faster turnaround time by submitting my coins this way? I never have been to a national coin show. I plan on taking my 5 oz. Apollo coin also.
|
|
Bedrock of the Community
13014 Posts |
Quote: There will be a PCGS representative there to receive coins for grading. Will I get a faster turnaround time by submitting my coins this way? I never have been to a national coin show. I plan on taking my 5 oz. Apollo coin also. If you do show grading you would. Show grading is a lot more expensive though and I am not sure if you could even do it with the 5 oz. If you submit to them at the show for normal grading you save the cost of shipping the coins to them. Basically it's would you rather ship them now or wait a month and save the cost of shipping
|
|
New Member
United States
45 Posts |
Quote: If you submit to them at the show for normal grading you save the cost of shipping the coins to them.
Basically it's would you rather ship them now or wait a month and save the cost of shipping Thanks for the information
|
|
Pillar of the Community
 United States
4901 Posts |
...and they are not First Strike eligible so that will save you some cash with both means
|
|
New Member
United States
45 Posts |
Quote: .and they are not First Strike eligible so that will save you some cash with both means Thanks for the information
|
|
Pillar of the Community
United States
587 Posts |
Bought the uncirculated coins yesterday before the price increase. They shipped today. I can't wait to compare them to my proofs
|
|
Pillar of the Community
United States
5615 Posts |
Quote: Now with that said modern 70 populations are over represented percentage wise always with these things. The reason for that is that bulk submissions more and more and actually almost always now give a minimum grade of 70 to get graded. They still have charges and everything else but if it isn't a 70 it gets returned to them raw and doesn't enter the population report. *** Edited by Staff to add Quote tags. Please use them in the future. ***Basebal21, I am sure I am misunderstanding Your comment above. I am sort of once removed from the Grading facts, However it use to be known that people with a very recognized name and status received a better grade with all their submissions, then johnny no name. I always thought that was just an unwritten policy, BUT Your above comments say that it is a given, that bulk submissions get a preferred treatment, as far as the total of actual 70's or "perfect coins". Your comment suggests that it is still true , May I ask, is that practice Your opinion or is it now a policy of the TPG'S.? PS, Then You stated a complete different comment that IF the coins were not 70's, they would be returned.. After saying the 70's pop report is skewed? Are the 70's NOT 70's and the report is falsely inflated about 70's or being the NOT 70's coins are returned, How is the report skewed about the actual amount of Real 70's ? Thank You.....
|
|
Valued Member
United States
54 Posts |
morgans dad Quote:Basebal21, I am sure I am misunderstanding Your comment above. I am sort of once removed from the Grading facts, However it use to be known that people with a very recognized name and status received a better grade with all their submissions, then johnny no name. I always thought that was just an unwritten policy, BUT Your above comments say that it is a given, that bulk submissions get a preferred treatment, as far as the total of actual 70's or "perfect coins". Your comment suggests that it is still true , May I ask, is that practice Your opinion or is it now a policy of the TPG'S.? PS, Then You stated a complete different comment that IF the coins were not 70's, they would be returned.. After saying the 70's pop report is skewed? Are the 70's NOT 70's and the report is falsely inflated about 70's or being the NOT 70's coins are returned, How is the report skewed about the actual amount of Real 70's ? Thank You..... I believe basebal21 is saying that coins submitted to TPG's, it can be requested if any coins do not grade a 70 that they be returned without being graded and slabbed. Just returned without a grade unless it is a perfect 70.
Edited by InGodITrust7 02/26/2019 10:56 pm
|
|
Bedrock of the Community
13014 Posts |
Quote: However it use to be known that people with a very recognized name and status received a better grade with all their submissions, then johnny no name. This is a fallacy with the top tier TPGs. There is no preferential grades from top TPGs. Requesting a minimum grade just means what will be holdered and what is sent back raw Quote: I believe basebal21 is saying that you can request that if any coins that do not rate a 70, it can be requested that it not be graded and slabbed. Just returned without a grade unless it is a perfect 70. This, spot on.
|
|
Pillar of the Community
 United States
4901 Posts |
ANYONE can indicate a minimum grade for ANY coin they submit...no conspiracy here at all.
With that said if someone (anyone) submitted 1000 coins and requested a minimum grade of 70 this would be the scenario:
......payment for the grading of 1000 coins would be made (yes, large volume dealers DO get a significant discount...volume pricing)
......the 70's would be slabbed and the others returned to be eventually sold raw (thus the sometimes "below Mint price" offers)
......say 150 of 1000 grade 70 and are added to the POP report making the 69 to 70 percentage TOTALLY useless
SO if you see 39% 70's it could, in reality, only be in the 15% or less range
Edited by Foxwoods Man 02/27/2019 08:35 am
|
|
Pillar of the Community
United States
1375 Posts |
I know volume sellers play this game, but I've never really understood why. Isn't the cost to them the same whether or not a coin gets slabbed? Can the raw coin in OGP be sold for more than a slabbed 69? or heaven forbid a 68?  I understand requesting a minimum grade for a crossover, but what's the advantage to the seller in requesting a minimum grade for a raw coin? Plus, as others have said, not getting the lower graded coins slabbed artificially increases the percentages of coins graded 70. You'd think that making 70s look more plentiful would lower the price of a graded 70 coin.
|
|
Pillar of the Community
United States
5615 Posts |
Thank You Again, Confusing!!! The returned coins are not graded but, THEY do pay for it being Looked at, Correct?
|
|
Pillar of the Community
United States
3472 Posts |
Quote: Bought the uncirculated coins yesterday before the price increase. They shipped today. I can't wait to compare them to my proofs I prefer the MS dollars and halves. I would love to see a 5 oz MS coin.
|
| |
Replies: 875 / Views: 78,269 |