Revised Services And Fees For 2015 NGC Submissions

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Author	Replies: 3 / Views: 2,538
bobby131313 Forum Dad United States 24154 Posts	Posted 12/17/2014 11:24 am The following is a press release from NGC Among the revisions to NGC services and fees, there have been no fee increases for US and world coins, and only modest fee increases to a few Ancients tiers. Updated services and fees are effective December 15, 2014 for US and world coin submissions to NGC. NGC Ancients modifications become effective January 1, 2015. Effective December 15, 2014 The following modifications are being made to NGC services and grading tiers: A Special Label/Releases service is being introduced and should be used when special labels and designation are requested. This service should be chosen in addition to the desired grading tier. This service should be selected in place of Modern Special, which has been discontinued. The label or designation requested must be noted in bold on the submission form. An updated submission form reflecting these changes is now available. All coins shipped to NGC after December 15, 2014, should be accompanied by the new submission form. The online submission form and fillable PDF submission form, accessible by Collectors Society members on the website, have been updated as well. Note: US and world coins must still be submitted on separate forms. Effective January 1, 2015 The following changes are being made to NGC Ancients services and grading tiers: Bulk Tier - Fee changed to $20 and maximum value changed to $300. Standard Tier â€" Fee changed to $40 with a 15 working day turnaround. Rarities Tier â€" Fee changed to $200 and maximum value changed to $25,000. Ultra Rarities Tier â€" Maximum value changed to over $25,000. New Economy Tier â€" Fee is $25 for coins valued up to $300 with a 20 working day turnaround. New Double Thick Holder Service â€" For coins requiring double thick holders. An updated submission form reflecting these changes will be available soon. All coins shipped to NGC Ancients after January 1, 2015, should be accompanied by the new submission form. A fillable PDF submission form, accessible by Collectors Society members on the website, is also being updated. Shop CCF Members on eBay. Report this Post to the Staff

bpoc1 Rest in Peace United States 4078 Posts	Posted 12/17/2014 3:52 pm Thank you Bobby! Report this Post to the Staff
craig piette Valued Member United States 71 Posts	Posted 12/31/2014 11:24 am I have been "unable" to pull the trigger on my first submissions ... I'm looking for a bit of guidance. Should I pay the membership fees to maximize pricing? Is "bulk" submission the way to go? Do the "grading fees" get calculated after the grading? (seems that "value" based fees could only be determined after the grade of a coin is reached) Who determines the "value" of a coin to calculate fees? Any information would be appreciated ... start a discussion anyway ... Thanks in advance - Craig Report this Post to the Staff
SsuperDdave Moderator United States 23522 Posts	Posted 12/31/2014 1:02 pm Craig, for NGC and PCGS the membership fees are mandatory so you pay them either way. In both cases, the larger membership levels are justified if you have enough coins to take advantage of the free grading they come with. The way grading fees work is that you, the submittor, already have a good idea of the coin's grade and value. You make an educated guess and base your submission level on that. If you're low and the coin should cost more to grade, well, first, congratulations. They'll contact you and work it out like gentlemen. No biggie. Unless you make a habit of lowballing your submissions, in which case they probably won't put up with it. To help, we will be more than happy to evaluate potential submissions posted in the correct forum. Grading fee differences are far less a worry than insurance cost, which you have to be close on. Bulk submissions are a dealer-level thing. If you have a couple thousand of one issue to submit, they'll deal. How else can we help? Report this Post to the Staff
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