Least Possible Price For PCGS/Ngc Bulk Slabbing?

You could probably negotiate a price of less than $10/slab, as long as you're willing to submit thousands of similar Modern coins. They will want to see a commitment in excess of 10,000 submissions, I would think.

And once somebody has paid the cost of the slab, subsequent owners don't necessarily have to compensate them for that cost.

I've seen some pretty silly stuff in slabs, like circulated common Roosevelts, that make me scratch my head. Maybe it was someone making a submission minimum.

Yea it is a trap if you find yourself on ebay saying, that such and such item is too low because you can't even get it graded for that price. I did the same math and tried to figure out the lowest cost possible and I was thinking I figured no less than 12 bucks per coin.

Just because someone else wasted their 12 bucks or so getting it graded doesn't mean you have to compensate them for that cost, well said Dave. A five dollar coin in a 12 dollar slab is still a five dollar coin, you don't get to capitalize that cost.

I gotta say though, I like having a little variety of graded coins at low cost, all bought off ebay. I appreciate these coins getting slabbed still and use them.

I kind of put together some of what I call grading sets. Typically 2-3 of the same coin at a grade around the level I would be able to cherry pick at. Then when I look at my coins, I have the ANA book to guide me and then the slabbed points of reference.

I can pick up slabbed Roosevelt's for roughly 6 - 8 bucks delivered on ebay all day long. Personally I hate Roosevelt, but it was a nice lesson in coin grading having a few Rosie's slabbed. It was more fun than I anticipated picking a silver Rosie set out of the junk silver box and then upgrading them. Made me more confident in starting to purchase the Walkers raw and assigning a solid conservative grade to my coins.

I personally know a guy who is getting $8 from NGC for Lincolns and IHC's, but the commitment it took him to get that number would scare you.

I've heard that premiums assigned to slab bed coins were higher with PCGS and NGC. But if you just want it slabbed, ANACS was having a $10 special. Don't know if they're still running the special but it would be easy to find out.

$5 a slab for big dealers with huge contracts would not surprise me and remember, part of the deal is paying for ONLY the coins that DO slab at a minimum grade.