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 Replies: 19 / Views: 3,580 |
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Pillar of the Community
 United States
758 Posts |
I did not end up doing it this time, as I thought 90/coin was not worth it. The coins are as follows: 1: An 1886-S Half Eagle. I am guessing it could grade anywhere from a 61-63. To stamp the 62 or 63 on it would be worth it so that if I ever do try and sell it, dealers won't try to buy it as an AU(58). I DO want to see this one in plastic! 2. An 1825/4 Quarter. I posted it on the grading forum a few days ago--if it got a VF(20) I'd be thrilled. If it got a F(15) I wouldn't cry. 3. An 1861-O Seated half dollar. This coin would probably get somewhere between a 50 and a 55. Maybe a 53. 4. An 1808 Half Cent (check end of early copper thread) that could get from a VF(20) to a VF(30) I think. What should I do if I can not find local dealers (in St. Louis) that want to send the coins in for me and this is a one time thing where I do not really want to become a member? |
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Pillar of the Community
United States
758 Posts |
And Bryan: Yeah--it is crazy, and it just ordinary grading. The store said it was for insurance, mailing, and increased grading fees. They have a sheet with their prices, which I didn't feel like calling "BS" on out loud. I simply pointed out that they sent in 3 of my coins in the Fall for $35/coin and everything was great. They kind of shrugged and said that they don't make money on this and that it is just a service for collectors--my allergy to BS started to pulse in my veins so I didn't drag it out.
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Bedrock of the Community
United States
10982 Posts |
Adam590 you should name this dealer. They are not allowed to charge those type of rates for submitting coins if they are a PCGS dealer.
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Bedrock of the Community
United States
14454 Posts |
I still have a voucher for 4 coins to be graded by PCGS that I have never used. If you join PCGS it would be less money than they want to charge you and you would get the voucher for 4 free coins graded
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Moderator
 United States
16679 Posts |
Join the PCGS Collectors Club and forget the dealers. That's what I did. Direct submission privileges.
swcoin.ecrater.com
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Pillar of the Community
2224 Posts |
Its mark up and profit gouging for that dealer, no question about it. I went through the same thing in Rockville, MD with a dealer. He wanted to charge me ridiculous amounts to send in.
I kept asking around and found a great guy up in Frederick, MD, Mike D., who sent them in to NGC for me, at cost only. Great guy!!
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New Member
United States
9 Posts |
Wow I was wanting to get some of mine graded. I was not really sure how. So it sounds like direct to PCGS is the way to go?
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Pillar of the Community
United States
763 Posts |
I understand if a dealer wants to charge a small fee for the service because there is some extra work and risk involved, but $90 per coin is crazy.
Like others have stated, I would just join PCGS directly and submit them yourself. I'm a member and I like not having to rely on someone else to submit my coins.
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Bedrock of the Community
United States
12437 Posts |
Since I am from St Louis, I am very curious about the identity of this dealer  |
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Pillar of the Community
United States
758 Posts |
Biokemist: It is Scotsman. I do not wish to slander or insult them, as the people can be nice, helpful, and I have bought some coins at good prices from them. I really don't understand their new sheet with TPG prices. Where is St. Louis do you like to go? |
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Pillar of the Community
United States
758 Posts |
Southsav: I have a friend in the DC area who is looking for good places to go--any recommendations?
Everyone else: Thanks for your suggestions. I will look into submitting them to PCGS and NGC on my own.
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Bedrock of the Community
United States
12437 Posts |
Ack, Scotsman is charging that?!? They really do have a good rep but charging $90 to slab a coin that is not worth 10s of thousands is kind of ridiculous  Two other good shops that you may want to check with are Missouri Coin Company and Midwest Money, both of them are PCGS Authorized Dealers. |
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Pillar of the Community
United States
1547 Posts |
PCGS Authorized Dealers submit customer coins to PCGS under Submissions Agreements. The Submissions Agreements are lengthy and complex, but they all, basically, say the same thing, when you get right down to it: "I got my money, get yours."
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Bedrock of the Community
United States
10982 Posts |
I posed this question about submission fees on CU forums. I'll let you know what they say.
P.S. I'm playing the Devil's Advocate over there to see what is said.
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Pillar of the Community
2224 Posts |
Adam,
I've visited about 5 in the DC metro area which includes Montgomery county MD, Frederick, MD, Prince Georges County, Md and Northern VA. I like Golden Eagle (bought 5 SAE rolls in 2008 for $395, now the're selling for over $800/roll) in Laurel, MD. However most of my buys have been at some of the good shows at Dulles Coin Show, one at a local school right off of the 495 beltway (can't remember the name) and from a show up in the Mt Airy, MD area. Thats the one put together by Mike D who is a collector and schedules shows.
Tell your friend to do a google search for coin shows in VA, then MD. Never seen one in DC. Upcoming shows will pop up.
Whats he collect? He can pm me. Good luck.
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Replies: 19 / Views: 3,580 |
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Posted 03/22/2011 6:21 pm
