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 Replies: 8 / Views: 1,778 |
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Valued Member
United States
77 Posts |
New collector back on the forum with more questions. I'm sure you love me by now  I have a couple coins I'd really, really like to have graded by PCGS. But as far as I can tell, without being an avid collector or having plenty of spending money, it's impossible for that to happen. What is the cheapest way for someone like me to get them graded? Even my dealer, who is authorized by PCGS, said it would cost at least 50 per coin. Bleh. Help! *** Moved by Staff to a more appropriate forum. *** |
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Moderator
 United States
15432 Posts |
If they are valued at $300 or less apiece, you could use the PCGS 'economy' submittal rate which is $20 per coin (plus shipping, handling and return postage charges). If that does not work for you ... consider ANACS which does not require a membership and has the lowest submittal fees amongst the top 3 TPG. David |
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Pillar of the Community
United States
2311 Posts |
I wouldn't send anything to ANACS. They don't make the value go up. PCGS is your only hope. It's not recommended to get coins TPG unless they're rare. What are the coins you want to get graded? |
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Valued Member
 United States
77 Posts |
How would the cost of using the Economy submittal compare to me just buying an already graded coin in the same condition? I know graded coins are more expensive... Over $30 more?
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Pillar of the Community
 United States
4591 Posts |
Easy: Join the American Numismatic Association (if you aren't already a member). That allows you a free membership to NGC. The Economy service is $17 per plus shipping, 5 coin minimum
-----Burton 50+ year / Life / Emeritus ANA member (joined 12/1/1973) Life member: Numismatics International, CONECA Member: TNA, FtWCC, NETCC, EveryCountry (online) coin club Owned by three cats and a wife of 40+ years (joined 1983) Author: 3rd Edition of the Sample Slabs book, https://www.sampleslabs.info/ |
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Pillar of the Community
United States
7375 Posts |
Buying an 'already slabbed coin' is a good idea. It is expensive to get coins graded. You got some good suggestions. Yes PCGS, and NGC get somewhat higher marks, but ANACS is ok. I sent 2 coins to them last month, and used their 'holiday special' for 2 free grades. They run specials occasionally. Only cost $40 total for both including shipping both ways. Last night I bought an NGC slabbed MS64 1964 B reverse quarter for $21.50. I couldn't have even gotten it slabbed for that.
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Bedrock of the Community
13014 Posts |
Quote:
Even my dealer, who is authorized by PCGS, said it would cost at least 50 per coin. How many coins of what approximate value and what date? Edit: Before I said your dealer more than likely lied to you which could have been true, over estimated the charge is probably a more accurate way to put it. Unless of course he would charge you 50 then hes planning on making money off you for it unless its a 5 figure coin or you want express service Edited by basebal21
02/23/2014 7:26 pm
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Valued Member
United States
331 Posts |
If they're modern coins buying them already slabbed may be the way to go. A number of dealers submit a lot of coins for slabbing at one time hoping to get a few back in high grade. They lower grades they sell just to get something back. When I go to shows I keep an eye out for those kinds of deals and use them as door prizes for my local club meetings. The members get slabbed coins as raffle items (they like that!) and the club gets a pretty good deal on the price of door prizes. They aren't't always modern coins either, I get a lot of silver coins and the occasional ancient that are slabbed too.
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Valued Member
United States
77 Posts |
My coins are late-1800's, none over $300. I think I like the idea of upgrading by buying some already slabbed and selling my current ones. Thanks for all of your help
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Replies: 8 / Views: 1,778 |
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Posted 02/23/2014 12:27 pm
