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 Replies: 13 / Views: 3,278 |
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Pillar of the Community
United States
7375 Posts |
Just curious what a major patron of a TPG averages paying per coin. Let's say a LWC? I know it would probably cost me about $100 to get my first coin graded. What do they average paying...maybe $20 per coin.....just guessing. Thanks. ed |
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Pillar of the Community
United States
9792 Posts |
Way less than $20.00 they will do a case by case deal depending on how many coins a dealer is submitting and how often, some dealers submit $50K in fees every month. I've heard back in the early days of ICG it was grade or no grade, meaning only coins at or above a set grade would be slabbed, say MS68 or higher, they charged around $3.00 for a coin that didn't make the holder and $7.00 for the slabbed, the coins all had to be the same date/mm/ and type, minimum was 1000 coins I believe. Mind you that was more than a decade and half ago.
"Buy the Book Before You Buy the Coin" - Aaron R. Feldman - "And read it" - Me 2013! ANA Life Member #3288 in good standing since 1981, ANS, Early American Coppers Member (EAC), Colonial Coin Collectors Club member (C4), Conder Token Collector Club member (CTCC), Civil War Token Society (CWTS) member, Liberty Seated Collectors Club (LSCC) & Numismatic Bibliomania Society member (NBS), USMex, Member in good standing, 2¢ variety collector. See my want page: http://goccf.com/t/140440 |
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Moderator
 United States
23522 Posts |
I know people who are getting them in the $7-8 range from one of the 2 major TPG's. |
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Pillar of the Community
United States
5854 Posts |
According to the 10-K for PCGS's parent company, Collector's Universe, their grading fees for the year ending 6/30/2013 have ranged between $5 to $600 and averaged $16.29 per coin.
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Pillar of the Community
 United States
7375 Posts |
Very helpful. Thank you. I submitted a handful of silver dollars to PCGS back in the late '80's. Don't remember what I paid, but it was nothing like today. I have 1 real winner coin I'm thinking of submitting because it would increase the value more than the cost of the slab........other than that it seems just too cost prohibitive for the little guy.
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Pillar of the Community
United States
5825 Posts |
Quote:Just curious what a major patron of a TPG averages paying per coin. Let's say a LWC? I know it would probably cost me about $100 to get my first coin graded. What do they average paying...maybe $20 per coin Others have commented on your "bulk submission" question. I want to comment on your single coin estimate. For PCGS and NGC you need to submit a minimum of 5 coins if they catalog under $300. The bad news is that you are paying their single coin rate 5 times. The good news is that the S&H cost is averaged out over the 5 coins. Without looking up the actual costs I would think it would come out to $25-30 per coin. |
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Pillar of the Community
United States
2661 Posts |
ANACS will grade two coins on their 15-day tier for free. All you have to do is write "Insider Holiday 2014" on your submission form, and you can take the grading fees for two coins off of your total. If you are only sending two coins, all you have to do is pay for return shipping which is $21.
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Pillar of the Community
United States
2661 Posts |
Submissions have to be postmarked on or before January 10, 2014
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Pillar of the Community
United States
7375 Posts |
Good to know. I might look into that. Thanks. ed
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Bedrock of the Community
13014 Posts |
Quote:
.other than that it seems just too cost prohibitive for the little guy. It just depends what you have really. Colonials are pretty brutal with their fees but moderns are pretty reasonable and the older coins have a 20 and a 32 dollar tier depending on value. A single coin is brutally expensive which is why most people will wait for at least 5. Generally the more you send at once the more you save since you spread the admin and shipping costs over more coins. PCGS has a 199 dollar membership where you get 8 free submissions with it. If it you use them on the 32 dollar tier you save 40 or so dollars and get the membership free. NGC has something similar but last time I checked them the PCGS one was the better deal for that |
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Valued Member
United States
317 Posts |
Just curious, what's a good way or a good game plan to submit PCGS bulk rate?
If I'm submitting modern coins like ASEs or commeratives whats a good cut off grade for PCGS bulk rate?
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Bedrock of the Community
13014 Posts |
Quote:
If I'm submitting modern coins like ASEs or commeratives whats a good cut off grade for PCGS bulk rate? For the 100 coin plus bulk submissions 69 is the highest cut off grade you can request. 69 is the one everyone uses for moderns like the ASEs and Commems Edited by basebal21
12/27/2013 01:16 am
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Pillar of the Community
 United States
5953 Posts |
Best thing to do is call and ask.. I use ANACS and if I am submitting a large bulk lot they will give me a break either on shipping or on the grading. But only If I ask.
Also look out for specials most of the Grading companies run them.
Combine a special with a show submission and you save on the postage costs to them as well. Just make sure you clarify all the charges before you agree to them. You also need to decide why you are getting them slabbed. if its for resale and profit the truth is PCGS and to some extent NGC will give you a higher price than any other slabbed coin in that grade.
If you like me are going for attribution then you need to pic the company who offers the best service. Resale value in the slab should not factor into the equation. ANACS had a bad rep on some series and they have been know to mess up big time but for what I collect they constantly grade the same as I do and they are also very good at attributing coins. The slab does not add any value to the coin though.
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Pillar of the Community
United States
1554 Posts |
Best to call them yourself, then you will know for sure. I've never heard of anyone submitting coins by the ton.
Edited by 1893S
12/27/2013 11:49 am
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Replies: 13 / Views: 3,278 |
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Posted 12/20/2013 12:57 am
