| Author |
 Replies: 18 / Views: 3,544 |
|
Pillar of the Community
United States
959 Posts |
I'm about to do my first PCGS submission in over 30 years and wondered if any of you have any tips for me about how to do this. I have some coins that may be worth over $300, depending on the grade. I have some coins that I'd like the variety listed on, like an 1849 Large cent N8 Doubled die reverse. I'm also concerned about shipping and insurance. Since many of you are old hands at this, I figured you might have some thoughts for a newbie. Apologies if this has been covered elsewhere, but I couldn't find it using the search functions.
*** Moved by Staff moved to a more appropriate forum. *** Edited by Blastenpene4
01/07/2024 11:34 am
|
|
|
|
Pillar of the Community
United States
3467 Posts |
I've only submitted one coin to PCGS and I did it through a PCGS authorized dealer. I paid them $35 and they handled everything for me.
|
|
Pillar of the Community
 United States
4587 Posts |
Read the PCGS website
Follow their directions EXACTLY so that you send your coins properly packaged and insured...
Breath, it will be OK
-----Burton 50+ year / Life / Emeritus ANA member (joined 12/1/1973) Life member: Numismatics International, CONECA Member: TNA, FtWCC, NETCC, EveryCountry (online) coin club Owned by three cats and a wife of 40+ years (joined 1983) Author: 3rd Edition of the Sample Slabs book, https://www.sampleslabs.info/ |
|
Pillar of the Community
United States
1476 Posts |
ANACS I'm telling ya for coins under $500 you can't go wrong especially for variety attribution. At $13.00 a coin and $14.00 variety service its hard to beat their quick turnaround time. I.M.O. today's ANACS is not the blue holder ANACS of yesteryear.
3 years ago I had a mix of 75 Barber Halfs Quarters and Dimes I called their office and they offerd me a bulk submission deal. Check out their Coin Show schedules you can submit directly through them in person.
Before you mail coins take pictures of: each coins obverse and reverse, of all coins laid out together, of your submission form, of your package wrapped up and ready to ship. This will save you alot of hassle if your coins are lost by USPS and you file an insurance claim. In my experience USPS only refunds what you can prove you paid for the coins not what PCGS price guide says.
Edited by luvmyCAM
01/07/2024 1:29 pm
|
|
Pillar of the Community
 United States
959 Posts |
Thanks for the advice on pictures, luvmyCAM. I didn't think of that except for pictures of the individual coins. I'll do that! Got to stick with PCGS: more expensive, but I think better respected by the hobby.
|
|
Pillar of the Community
United States
4233 Posts |
Quote:
Got to stick with PCGS: more expensive, but I think better respected by the hobby. IMO this is all marketing. If you intend to sell these coins, then yes, they might get better prices (but again, that's because people believe the marketing). My opinion isn't worth much though because I've only ever submitted once. I went with ANACS because I could submit directly at a small local show and not worry about one end of the shipping. Plus they gave me the US discount on a batch of Canadian coins. They also do conservation at one price for up to 20 coins, so if any of your coins need conservation that's worth considering. I'm not trying to change your mind if you're sold on PCGS; just consider why, if you are. |
|
Pillar of the Community
United States
1747 Posts |
If you joined the club, you can check the quarterly specials. My recent PCGS grades were for coins I felt were economy level coins and they had get 5 graded for the price of 4. I believe the current special is $6 off attribution. Costs add up quickly.
And, I agree with follow what they say on the PCGS site exactly. I was stressed with my order last year as it was also the first I had done since the 1990s. Once you send them in, be patient. Especially with attribution it will be a while before you get them back.
|
|
Pillar of the Community
United States
959 Posts |
One of the things I see on the submission form is a number assigned to each coin. The number is different on copper coins for BN, RB or RD. I've got a few Indians that might make Red or maybe RB. I have others that might be RB or BN, depending on the grader. How do you deal with this question? Heck, if I knew that for sure I might not need a TPG. |
|
Bedrock of the Community
United States
94367 Posts |
Keep in mind that the major auction houses willl not list ANACS coins. Be very careful.  Edited by Coinfrog
01/08/2024 8:01 pm
|
|
Pillar of the Community
United States
4233 Posts |
Quote:
Keep in mind that the major auction houses will not list ANACS coins. Where did you come up with that? Heritage has 197 current listings with ANACS slabs. GC has 526. Stack's Bowers has 9 in their Jan 10 auction. ANACS is one of the four allowed on ebay. |
|
Bedrock of the Community
United States
94367 Posts |
Apologize, you are correct, but you know what I'm saying. ANACS slabs are poor choices for auctions.
|
|
Pillar of the Community
United States
959 Posts |
So any answer on the RD, RB, BN numbering system used by PCGS? I've already gotten an account with them so that's the way I'm going with submissions. Just have no idea how to interpret the color question.
Edited by Blastenpene4
01/09/2024 06:06 am
|
|
Pillar of the Community
United States
5661 Posts |
Listing the PCGS coin number is optional, so you could always leave that blank if you are uncertain. Or you could use your best judgement—I'm sure that won't affect their final determination.
|
|
Pillar of the Community
United States
1747 Posts |
If you choose the wrong color designation, they will fix it. I had them do it for a proof Indian cent I submitted. I put RB and it came back RD. Same applies for FBL, FB, etc. Same thing is true if you choose economy and it gets graded higher than you expect. |
|
Pillar of the Community
United States
959 Posts |
Thanks for all the info - very helpful. Last question (I hope): I see they want me to assign a value to each coin. Seems like they're asking me to grade my own coin before they take a look at it, then use their price guide to assign their value. What is this? Insurance purposes? I'm assuming I'll need to insure the package I send out for the value I'm assigning in case it goes missing (which is a frightening thought). I'm pretty close to finally getting this first submission together.
|
|
Pillar of the Community
 Canada
5391 Posts |
" ANACS slabs are poor choices for auctions" NOT true!
Buy the coin not the marketing hype .
Todays ANACS grading is conservative and on par with
both NGC & PCGS.
Sight seen , they will sell for very decent money .
|
| |
Replies: 18 / Views: 3,544 |
Posted 01/07/2024 12:38 pm
