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 Replies: 13 / Views: 2,179 |
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Valued Member
United States
113 Posts |
This is the first time I've submitted a bulk order under the modern category. I didn't pay more than $3 each for any of these coins, in fact I paid 25 cents for the 55-D nickel, along with all the 1960 examples (25 cents each). For the 1967 quarter in MS-67, I paid $1. The 1960 nickels are all nicely toned, and the 1977 quarter is a really nice violet tone on the obverse and gold on the reverse and drips with luster. I was hoping for a 66 on the '55 nickel and a point higher on each of the Ikes, but I can't really complain. It does go to show that picking up nice raw coins here and there at shows and shops can be a fun (and profitable) pursuit. I'll post some pictures soon.
Line # Item # Cert # PCGS No. CoinDate Denomination Variety Country Grade
1 1 26067499 4056 1955 5C USA MS65
2 1 26067500 4057 1955-D 5C USA MS66
3 1 26067501 4067 1960 5C USA MS65+
4 1 26067502 4067 1960 5C USA MS65
5 1 26067503 4067 1960 5C USA MS65
6 1 26067504 4068 1960-D 5C USA MS65+
7 1 26067505 5878 1965 25C USA MS66
8 1 26067506 5878 1965 25C USA MS66
9 1 26067507 5879 1966 25C USA MS66
10 1 26067508 5880 1967 25C USA MS65
11 1 26067509 5880 1967 25C USA MS67
12 1 26067510 5883 1969 25C USA MS65
13 1 26067511 5893 1974 25C USA MS66
14 1 26067512 7421 1976-D $1 Type 2 USA MS64
15 1 26067513 7420 1976-D $1 Type 1 USA MS65
16 1 26067514 5902 1977 25C USA MS66
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Pillar of the Community
614 Posts |
So how much money was all this grading?
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Valued Member
 United States
113 Posts |
For coins from 1955 up, it's $14 a coin to grade, plus $8 handling fee and around $21 in postage. I figure it's worth a stab; I look at it as a $14 slot pull. Sometimes you get nothing, sometimes you break even, and once in awhile you get something decent. The 1955-D nickel and 1967 quarter pretty much paid for the submission, some of the others were nice to get, the + coins have attractive toning. In another PCGS submission, I sent a raw 1840 Seated dollar to be graded, it was bought as a VF-30. With all the fakes running around, I thought the $18 grading fee there was worthwhile. It came back in an XF-45 holder. |
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Bedrock of the Community
United States
36724 Posts |
Looks like you did real well.
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Valued Member
United States
234 Posts |
If you dont mind me hopping on your post. I have a 1855 type 2 gold dollar with a weak date strike. I dont really know how to submit it to PCGS or how much it will cost. I guess what I'm looking for is a error grade and if no error exists a overall grade of the coin. What do you guys think the submission cost would be and overall tips on how to submit it.
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Valued Member
United States
113 Posts |
Here's one of the submissions, was hoping for a 67, but it's a nice attractive 66, which is OK by me.   |
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Valued Member
United States
113 Posts |
Brian, in order to submit yourself, you have to be a PCGS collectors club member, which is $49 a year for the basic level. It allows you to submit coins for grading yourself, and you have access to the population reports. there are other levels, but they can get expensive. The basic is fine with me! As for your coin, the economy grading (20 day turnaround, mine was faster) will be $18, plus $8 handling fee, plus postage and insurance. You are looking at probably about $40 to do it. Error designation is extra. If you're not a member, then you will have to get a PCGS member dealer to submit the coin for you. With any raw gold nowadays, authentication is almost a must.
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Valued Member
United States
234 Posts |
After joining PCGS is the coin population report of any value?
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Valued Member
United States
113 Posts |
The population report is worthwhile, but don't take it too literally. Some low population coins low because they are truly scarce, others are because almost no one would normally submit them. There's one despicable dealer on ebay who prices PCGS coins based on their population instead of a reasonable retail value. So an XF 1849 half is priced the same or more than a much scarcer 1868 because it has a lower population report. More people tend to submit key or scarce dates, that's why the difference. There are more AU 1914-D cents then there are AU 1954's in the population report. Would be nice to sell an AU 1954 cent the same as the '14-D, but you'll be laughed out of town as soon as you price it! |
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Pillar of the Community
United States
1704 Posts |
The population report is information useful mostly for rare date coins, coins which are typically not found in uncirculated condition, and for those grading in MS-67 or higher. Most common to semi key dates the reports aren't really useful for grades in MS-65 and lower. A key factor also to consider when looking at population reports is taking into account resubmissions. The grading services have no way to keep track of coins which have been graded then cracked out and resubmitted. The grading services ask that if a coin is resubmiited the sender also return the original slab label so they can adjust their population report figures but hardly anyone ever does. I know a guy who sent one coin in five times to PCGS. He thought it was at least a point higher than on the label, the first time it came back a point lower, the second time it came back the same grade, the third time it came back as being cleaned, the fourth time it came back a point lower again and the fifth time it came back as the original grade when he bought the coin. After spending all that money trying to get an MS-63 coin upgraded to an MS-64 or 65 grade he finally just sold it. The coin had a big jump in price from MS-63 to MS-64 and he was trying to cash in on that and failed, he actually lost money in doing so. Ed ANA LM-3175 |
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Valued Member
United States
234 Posts |
I wonder how common that is. I dont see a point in doing it repidly maybe year after year it might work becuase different people might look at it.
"I know a guy who sent one coin in five times to PCGS. He thought it was at least a point higher than on the label, the first time it came back a point lower, the second time it came back the same grade, the third time it came back as being cleaned, the fourth time it came back a point lower again and the fifth time it came back as the original grade when he bought the coin. After spending all that money trying to get an MS-63 coin upgraded to an MS-64 or 65 grade he finally just sold it. The coin had a big jump in price from MS-63 to MS-64 and he was trying to cash in on that and failed, he actually lost money in doing so"
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Pillar of the Community
United States
1431 Posts |
Just came in here to say, that is one NICE quarter!
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Pillar of the Community
United States
2295 Posts |
Pretty impressive quarter.
The MS66 nickel would be cool to see too. How many steps does it have? And any full step nickels would be nice to see.
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Pillar of the Community
United States
7840 Posts |
wquinn, no pictures on the PCGS website, but here is the info on that 1955-D Nickel (No Full Step designation); According to the PCGS Certification Database, the requested certification number is defined as the following: COIN INFORMATION Cert Verification #: 26067500 PCGS Coin #: 4057 Date, mintmark: 1955-D Denomination: 5C Variety: Minor Variety: Mint Error: Pedigree: Country: The United States of America Grade: MS66 Mintage: 74,464,100 PCGS Price GuideSM Value: $250 Holder Type: Standard Population: 32 http://www.pcgs.com/Cert/26067500/ |
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Replies: 13 / Views: 2,179 |
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Posted 06/30/2012 2:06 pm
