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Replies: 14 / Views: 2,098 |
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New Member
United States
11 Posts |
I don't enjoy coins in slabs, but I have two or three that I'd like to have certified as authentic vs. altered or fake. I've never submitted coins for certification and wondered if it's too expensive to have just a few slabbed (for my own peace of mind), then probably crack them out. Also, can someone point me to an archived discussion on this site that discusses the best vs. worst TPGs? thanks.......clorox
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Pillar of the Community
United States
3540 Posts |
Top three are PCGS, NGC, & ANACS. Anything else, you might as well skip.
If the coin(s) are a variety, I would send to ANACS.
If the coin(s) are a possible slider from 64 to 65 or 65 to 66, off to NGC.
If the coin(s) are a straight up grade, PCGS.
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Pillar of the Community
United States
5854 Posts |
All the ones acloco mentioned are trusted TPG's but if you just want to know it they are authentic then I would submit to ANACS. With ANACS you can send it directly to them and there are no membership fees like the other two. Also the submission fees are a bit cheaper than the other two. The cost for submission for U.S coins to ANACS ranges from $10 to $100 per coin depending on the value. Shipping to and from will probably cost at least $30.
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Pillar of the Community
United States
3540 Posts |
They do run a special in the fall. $10 per coin, ten coin minimum, and free shipping. There are coin value limits though. Here is the ANACS links you will find useful: http://www.anacs.com/contentPages/F...mitting.aspxSubmission form in PDF format. http://www.anacs.com/contentPages/S...ionForm.aspxShipping rates: http://www.anacs.com/contentPages/Shipping.aspxShipping Rates Number of Coins U.S. Domestic Postage, Insurance, Packaging and Handling Rate Schedule Declared Value (Please call for rates if over $100,000) $0-$100 $101-$1k $1,001-$5k $5,001-$10k $10,001-$25k $25,001-$50k $50,001-$100k 1 -- 5 $19.00 $20.00 $25.00 $28.00 $30.00 $40.00 $50.00 6 -- 20 $23.00 $25.00 $28.00 $30.00 $35.00 $45.00 $60.00 21 -- 50 $25.00 $28.00 $30.00 $35.00 $40.00 $50.00 $65.00 51 -- 100 $30.00 $32.00 $35.00 $40.00 $45.00 $55.00 $70.00 101 -- 200 $35.00 $38.00 $40.00 $45.00 $47.00 $60.00 $75.00 201 -- 300 $45.00 $45.00 $45.00 $47.00 $50.00 $70.00 $80.00
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Moderator
 United States
23522 Posts |
If you're interested purely in authentication for your own peace of mind, send them to ANACS. They're the least-costly, and as reliable from an authentication standpoint as any.
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Bedrock of the Community
United States
17884 Posts |
Unfortunately the hobby just doesn't have much interest in authentication only services. The last one was ANAAB run by the ANA and it closed its doors in November of 2002. It was so underused they couldn't keep staff on hand. One problem the companies that did do authentication only was that they charged the same for just authentication as they did for authentication and grading. If you had to pay the same either way, people went for the full package.
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Valued Member
Greece
425 Posts |
I read occasionally CCF and Greek (my country) forums as well.Nobody seems like the TPG's,and keep saying the love to keep raw coins and so on. So I can't understand how these companies grow up every year,expand,as PCGS make a grading center in Paris,NGC in Asia and want to make an office in Europe. The submission for world coins now take me 40 working days to complete from ten it was several years ago.I heard that same delays are for American coins also.They became billion industries but nobody seems like their services! Something does not suit me in this case  someone tells lies 
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New Member
 United States
11 Posts |
Thanks to all of you. This is exactly the information I was needing.
all the best, and Happy New Year ! clorox
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Bedrock of the Community
United States
14454 Posts |
in my opinion on allot of coins the authenticity is more important that the grade and that is why if there is any question of authenticity because a series is often faked or a date that is highly sought after I will suggest to the owner to send the coin to ANACS at the very least to get it authenticated. This is just for the peace of mind of having a professional that is putting their reputation on the line and guarantee the coin is authentic, and if it is deemed to be fake they will pay you what the coin would be worth if it were authentic. There are a few series of American coinage that I always tell the new collector to not even consider if not in a trusted TPG holder because there are more fakes out there than they are the real thing
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Pillar of the Community
United States
1796 Posts |
TPGs are becoming big moneymakers and expanding their operations because of: 1) Upselling with silly designations (such as "First Strike", for which PCGS and NGC were sued over for deceptive business practices; as opposed to proper designations such as variety, etc.). 2) Speculators/resellers (as opposed to collectors) who put their faith in the resale value of the slabs rather than the coins themselves. Lots of people play the grading game where they'll re-submit the same coin until they get back the grade they want, and then turn around and sell it at a profit. There was also a grading blitz in the wake of the ASE 25th Anniversary set where people bought multiple sets, graded them, and re-sold the ones they didn't want to make a killing (and no offense to those here on the forum who did do this, but some of you [you know who you are!] were talking in terms of "maximum profit"; say what you want, but you're feeding the TPGs at this game :-) ). In my opinion, TPGs should primarily serve one purpose: Authentication. Grading should be secondary. Silly designations that express no intrinsic attribute of the coin should be novelties.
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Bedrock of the Community
United States
17884 Posts |
Quote: So I can't understand how these companies grow up every year, Collectors in Greece don't like it, but dealers want to sell coins to the large American market that has lots of money but only knows what is on the slab labels. They won't buy raw coins so the European dealers slab the coins for the big market.
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Valued Member
Greece
425 Posts |
Quote: Collectors in Greece don't like it, but dealers want to sell coins to the large American market that has lots of money but only knows what is on the slab labels. They won't buy raw coins so the European dealers slab the coins for the big market. collectors here in Greece are the same as Americans.Collectors who like and don't like.Many of my friends have their entire collection slabbed.Most of mine high grade coins are also slabbed. You didn't get the point.Seems that almost everybody don't like slabs but send their coins in. I like slabs a lot because I can buy coin sight unseen although I live in northern Greece many miles away from numismatic resources.Can anybody else show me a way to expand my collection in high grades without been fooled with problematic coins?
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Bedrock of the Community
United States
17884 Posts |
Quote: You didn't get the point.Seems that almost everybody don't like slabs but send their coins in. Oh I get it. They don't like it, but it makes the coins more saleable, or they don't know/trust their own opinions well enough and they want a second professional opinion. Quote: Can anybody else show me a way to expand my collection in high grades without been fooled with problematic coins? Learn more about them so you can authenticate and grade them yourself? After all if you can't tell why a coin grades the way it does, why are you paying the premium for that grade?
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Valued Member
Greece
425 Posts |
Quote: Learn more about them so you can authenticate and grade them yourself? After all if you can't tell why a coin grades the way it does, why are you paying the premium for that grade? It's not about the grade but the problems that sellers hide with professional photos on online sales.It's easy for me to determine the grades and any defaults if I have the coin in hand but as I wrote above I am far away from any numismatic resources.I can only buy coins online.
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Bedrock of the Community
United States
20753 Posts |
TPG's lately are more important than ever. Yes it is nice to know a grade for sure or at least what a so called expert thinks, but due to all the counterfeiting of coins, it is becoming a necessity. And for the really popular expensive coins, possibly over half are fakes. Regardless of the cost it is becoming almost a necessity to send valuable coins in for grading and authenticating. And of course those many TPG's are getting rich due to that. Sort of makes me wonder if they are the ones doing the counterfeiting.  
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Replies: 14 / Views: 2,098 |
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