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Worth Sending These To PCGS To Be Slabbed Or No?

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Jester's Avatar
United States
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 Posted 01/07/2023  08:41 am  Show Profile   Bookmark this reply Add Jester to your friends list Get a Link to this Reply
I guess my main apprehension in sending them off is shipping them. I think I'd be most comfortable with something like Fedex next day air, but PCGS only mentions fedex ground. Anyone send them overnight before? USPS has lost too many worthless packages for me to feel overly confident about them and recently lost my husbands passport, I've never used registered mail before and it would have a long way to travel.

Idealy I think I'd like to submit at a show and there is one in Chicago in April that says they will have onsite PCGS grading, would I be able to drop off submissions there (not to be graded at the show, that seems really pricey) for them to take back or is that even riskier?

Thanks
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IndianGoldEagle's Avatar
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36832 Posts
 Posted 01/07/2023  10:35 am  Show Profile   Bookmark this reply Add IndianGoldEagle to your friends list Get a Link to this Reply
Jester I would do the same. Much safer handing them off at a show rather than mailing them.
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Slider23's Avatar
United States
4469 Posts
 Posted 01/07/2023  11:28 am  Show Profile   Bookmark this reply Add Slider23 to your friends list Get a Link to this Reply

Quote:
I guess my main apprehension in sending them off is shipping them. I think I'd be most comfortable with something like Fedex next day air, but PCGS only mentions fedex ground. Anyone send them overnight before? USPS has lost too many worthless packages for me to feel overly confident about them and recently lost my husbands passport, I've never used registered mail before and it would have a long way to travel.

Idealy I think I'd like to submit at a show and there is one in Chicago in April that says they will have onsite PCGS grading, would I be able to drop off submissions there (not to be graded at the show, that seems really pricey) for them to take back or is that even riskier?


Fed Ex does not insure coins in shipping. Some coin dealers use Fed Ex but insure through a private insurance co.

Registered mail is slow, but secure and the insurance cost is less than other methods of shipping. The shipping box should be wrapped with a 3" brown reinforced shipping tape, so the box has no exposed seams.

You should call PCGS about the dropping off of coins a show to be graded later.
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kbbpll's Avatar
United States
4233 Posts
 Posted 01/07/2023  12:28 pm  Show Profile   Bookmark this reply Add kbbpll to your friends list Get a Link to this Reply

Quote:
I guess my main apprehension in sending them off is shipping them.
Mine too, as I mentioned. I should point out that the ANACS guy said he goes back to Cheyenne and then ships all of the day's submissions to the ANACS office. I'm not sure what method. I'm curious if PCGS does the same with their show submissions. The main comfort there for me is that (supposedly) it's covered by their insurance as soon as the coins left my hands. These coins had not left my possession for 50 years, and no insurance money would make up for losing them. I'm guessing you feel the same. It's a risk you have to take for the sake of your heirs I suppose.
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panzaldi's Avatar
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 Posted 01/07/2023  12:46 pm  Show Profile   Bookmark this reply Add panzaldi to your friends list Get a Link to this Reply
take your time and dont rush this process. since you will be passing these down slabbing the coins is the way to go here as whomever receives them may not be aware of handling of even cleaning. expect to pay a good amount to have these slabbed. costs can range from $22 to probably $38 for each coin. dont waste your $$ on trueview its not worth it. for PCGS you will need a subscription. due to number coins you are talking Platinum level probably is the best value at $249 which includes 8 grading vouchers. then you have shipping and insurance both ways.

i would suggest documenting each coin and numbering it maybe on a spreadsheet. I would take a photo of both sides using the steps below and post one coin per thread here to get an idea of grade. you can then lookup the possible value on PCGS. totaling all of them will give you an idea of your insurance costs.

once the coins are graded you can assess then assess them for CAC if you want to go that route. it would add additional value to them if they receive a bean

good luck and I look forward to seeing each of coins if you go this route.

1. turn off flash
2. place coin on flat surface with indirect natural light. maybe a window sill in a cloudy day. Use a black or white background to avoid any reflective color
3. move phone about 3in from coin
4. zoom in using your fingers until the coin comes into focus and fills the camera
5. hold phone steady. if you cant then place something on either side of the coin (like books) at that distance and lay phone between them. this will hold it steady and allow you to zoom and take the photo without any blurring



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Jester's Avatar
United States
210 Posts
 Posted 01/07/2023  12:57 pm  Show Profile   Bookmark this reply Add Jester to your friends list Get a Link to this Reply
I have the PCGS subscription already and even unintentionally let my 4 free vouchers last year lapse because I chickened out of shipping them. I think for sure I would submit the gold coins at a show vs shipping them myself, and even consider those for onsite grading. Thanks for the advice about the true view, knowing me, I probably would have went for it. Glad to know it's not worth it. I think I will take my time so that way if a package or couple coins go awry, it's not a full cache of my favorites. Hopefully I have another 40 yrs of these coins being mine before needing to pass them on.
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Slider23's Avatar
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4469 Posts
 Posted 01/09/2023  11:43 am  Show Profile   Bookmark this reply Add Slider23 to your friends list Get a Link to this Reply

Quote:
dont waste your $$ on trueview its not worth it.


The TureView photos are a glamor shots, and on most coins not worth spending the money. If I was submitting coins to PCGS over $750 and I was going to sell on ebay, I would have to seriously consider paying for the TrueView photos. The TrueView photos have name recognition and is a marketing tool to help sell the coin.
Edited by Slider23
01/09/2023 2:25 pm
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kbbpll's Avatar
United States
4233 Posts
 Posted 01/09/2023  12:38 pm  Show Profile   Bookmark this reply Add kbbpll to your friends list Get a Link to this Reply
It seems like there's a benefit to having online images associated with the cert#, like if the coin is stolen or someone is using it to make fake slabs. They take better pictures than I ever could, but that's relative of course.
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Jester's Avatar
United States
210 Posts
 Posted 01/09/2023  2:59 pm  Show Profile   Bookmark this reply Add Jester to your friends list Get a Link to this Reply
Yeah there are some I would consider it for since they are nicer and in a smaller population. I've taken good pictures of all of them and cataloged them well so probably not needed for most.

I think @Panzaldi said it best - don't rush the process. I've got hopefully 40 more years and lots of time to drill coin care and handling into the kids
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jessvc1's Avatar
United States
2596 Posts
 Posted 01/09/2023  9:00 pm  Show Profile   Bookmark this reply Add jessvc1 to your friends list Get a Link to this Reply
I send my coins registered mail if there's lot of value and ngc mails coins back registered but PCGS sends them next day air. And you have to sign for them just like ngc
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panzaldi's Avatar
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18687 Posts
 Posted 01/10/2023  09:51 am  Show Profile   Bookmark this reply Add panzaldi to your friends list Get a Link to this Reply
please post these when they come back. I think we will all want to see how they grade out
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Jester's Avatar
United States
210 Posts
 Posted 01/10/2023  09:58 am  Show Profile   Bookmark this reply Add Jester to your friends list Get a Link to this Reply
Will do for sure. I'm a big fan of the "you vs PCGS" Threads. Actually I have some old basment slabbed things that it might be fun to play with now. I'll go dig them out.
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jpbone's Avatar
United States
1959 Posts
 Posted 01/13/2023  3:18 pm  Show Profile   Bookmark this reply Add jpbone to your friends list Get a Link to this Reply
I don't "do" slabs and my answer is still, yes.
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Jester's Avatar
United States
210 Posts
 Posted 01/13/2023  9:45 pm  Show Profile   Bookmark this reply Add Jester to your friends list Get a Link to this Reply
@JPBone - that says just about all I need to know. Will report back when they are done #10004;#65039;
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BH1964's Avatar
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10982 Posts
 Posted 01/13/2023  10:26 pm  Show Profile   Check BH1964's eBay Listings Bookmark this reply Add BH1964 to your friends list Get a Link to this Reply
The first 4 Seated quarters give me pause. I hope it's just the imaging as each is worth multiple thousands in the condition shown.

The 1870 is a true rarity in MS65 and $5,000 easily if it graded Gem. Only a handful are known over MS64.

Other than the first 4 Seated quarters the other 5 pieces appear to be in a different state of preservation with notable wear and clearly genuine.

Anyway you need to have them authenticated. Best of luck because you have $10,000 worth of quarters there once holdered.

ANA #R3154474
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