| Author |
 Replies: 10 / Views: 1,691 |
|
|
Moderator
 Canada
10460 Posts |
I have started a thread in a different sub-forum, but my question is specific to Canadian collectors, so posting a link here. Looking for input, I want some of my error coins in hard slabs, without the high prices PCGS charges for errors now. http://www.coincommunity.com/forum/...?FORUM_ID=84"Discovery follows discovery, each both raising and answering questions, each ending a long search, and each providing the new instruments for a new search." -- J. Robert OppenheimerContent of this post is licensed under a Creative Commons Attribution-NonCommercial 3.0 Unported License. See: http://creativecommons.org/licenses...0/deed.en_USMy eBay store
|
|
|
|
Pillar of the Community
Canada
2301 Posts |
You know where mine reside!! The nicest holders on the market. It is not NGC.
|
|
Moderator
 Canada
10460 Posts |
Your choice. Frankly, I am completely disappointed with CCCS. There is no added value to putting my better errors in CCCS holders, I might as well leave them raw... try selling one of yours in a Heritage auction...
"Discovery follows discovery, each both raising and answering questions, each ending a long search, and each providing the new instruments for a new search." -- J. Robert OppenheimerContent of this post is licensed under a Creative Commons Attribution-NonCommercial 3.0 Unported License. See: http://creativecommons.org/licenses...0/deed.en_USMy eBay store
|
|
Pillar of the Community
Canada
1581 Posts |
Disappointed in prices realized from an CCCS holder, or cost?
|
|
Pillar of the Community
Canada
5324 Posts |
i would stick with pgcs as most of the cost for a canadian is the shipping and insurance cost.
|
|
Pillar of the Community
 Canada
9866 Posts |
 Besides NGC has a not so stellar reputation for their grading of Canadian coins.Sure a point either way for an error doesn't matter.Why support them to save a few dollars. You surely wouldn't even consider sending your 1884 OBV1 there. "Dipping" is not considered cleaning...
-from PCGS website
Edited by DBM
10/25/2012 11:17 pm
|
|
Valued Member
Canada
475 Posts |
I use NGC on occasion for World and US coins which are in abundance here on the west coast. Even though I have direct submission priveleges, I am careful about what I submit as the cost is quite high. The shipping and insurance plus their ripoff $8 per invoice page fee makes it very pricey. I would NEVER send a Canadian coin to them as they just cannot grade to our standards here in Canada. The service is good though as to time and I have NEVER had a problem with customs. They just sail right through the border. However Border services is within their rights to assess fees and taxes on the grading services.
|
|
Pillar of the Community
Canada
2495 Posts |
Re. Border Taxes... According to my accountant (and I have not yet verified this with the Canada Border Tax Agency) the Border service is NOT entitled to assess fees and/or taxes for grading fees. That is, when you send coins to the US TPG's (let's say the coins' value is $5,000 and the grading fees are $400) and when they are returned to you, the US TPG's only put on the customs form the value of the package being $400 (grading fees only). They do this because they do not want to bring attention to the high value of the package for security reasons. The Border Agency is aware of this and understand the TPG's have their own private insurance and the coins are being returned to the original owner so the $5000 value of the coins needs not to be listed on the customs form. Now the issue is whether or not this (grading) 'service' is taxable for duties when entering Canada. Again, as I stated above, my accountant has said HST does NOT apply to a service rendered by a US grading company. |
|
Moderator
Canada
10460 Posts |
Of course, my big errors go to PCGS - without question. I am specifically referring to some of my small cent errors, that are not just errors, but have MS-64+Red grades as well... some of these coins are in the $150-$400 range, and frankly, with PCGS charging $65 to grade error coins, when you factor in the shipping, it gets darn expensive. NGC is considerably cheaper with errors - this is why some dealers use NGC, see: http://www.cdncoin.com/category-s/2202.htmRight now I am at a crossroads... continue to use CCCS or try NGC.. "Discovery follows discovery, each both raising and answering questions, each ending a long search, and each providing the new instruments for a new search." -- J. Robert OppenheimerContent of this post is licensed under a Creative Commons Attribution-NonCommercial 3.0 Unported License. See: http://creativecommons.org/licenses...0/deed.en_USMy eBay store
|
|
Pillar of the Community
Canada
2301 Posts |
No Canadian errors are doing well at H.A. in any holder. CCCS holders are far superior IMO for both viewing and durability.
|
|
Pillar of the Community
Canada
632 Posts |
I have something like 60 coins (either errors or coins on the PCGS no-no list) waiting the moment to go to NGC, including some CCCS that will be removed from their holders., all Canadian and foreign errors that don't worth a lot (up to 3-500) and therefore are not PCGS material. Top "HA" coins are already in PCGS or on their way, but all them worth the almost 100 dollars a piece certification.
CCCS is on the way of the Dodo, not by my choice nor for the lack of my support, a support I gave since 2003. Louis is investing heavily in his auction house and will be the next TOREX auctioneer. I wish him good luck, but the perceived conflict of interest will shoot his certification service in the foot.
|
| |
Replies: 10 / Views: 1,691 |
|
Posted 10/25/2012 9:38 pm
