| Author |
 Replies: 9 / Views: 2,252 |
|
|
Valued Member
United States
349 Posts |
what do I need to do inorder to get some coins graded. what is the process. I have never had anything graded and would like to know how I go about it. thanks for yyour help.
|
|
|
|
Pillar of the Community
United States
604 Posts |
I have never submitted coins for grading but a little bit of reading is required for you to make the best decision for your needs and wants. Read about submitting coins to NGC here. Read about submitting coins to PCGS here. |
|
Valued Member
United States
157 Posts |
I did a couple of CC morgans a few years ago for S's and gigles. I can't remember, but I believe I chose PCGS. First you have to fill out some forms and insure what you have for sure when sending it out. You must also state what you believe the coins to be worth on the form, etc. You send it off, they kept me up to date very well! They give you a code, or just your order #, which will allow you to see the progress of the coin. They will tell you when it's been received, when it's being done graded, and as well as the grade and stuff before they ship it back slabbed. I can't remember the exact turn around was for 2 CC morgans I sent off, but I'd say a few months from start to finish.
|
|
Bedrock of the Community
United States
19963 Posts |
If you go though the normal process of joining and sending them in yourself, you'll find it's pretty expensive. Even though PCGS calls it "free grades" for joining, you'll soon discover it's anything but free.
The cheapest way I've found is to give the coins to my local dealer and let him submit for me. As a good customer, he charges me just $25 flat per coin. Generally, this is by far the best thing to do.
|
|
Pillar of the Community
United States
7375 Posts |
I was a novice when I sent my first coin in, and found the PCGS paperwork a bit overwhelming. So I choose ANACS for my first submission. Easiest and cheapest. Then after I became a bit more comfortable with the PCGS paperwork, I joined and submitted a couple of coins to them.
|
|
Pillar of the Community
United States
604 Posts |
Quote:
The cheapest way I've found is to give the coins to my local dealer and let him submit for me.  |
|
Valued Member
United States
157 Posts |
The VERY best choice is to have a local dealer send it off... but when I started collecting, I was in the military, and the closest coin shop was over an hours long drive away. I didn't trust anyone by just giving them my coin being that far away, maybe that sounds stupid, or maybe it doesn't. But not everyone can do that, so sending it off is their only option. I hated living there, only shopping I could do was online, and I actually did venture in to one shop, at the bottom of a casino... the guy was one of the rudest people ever. Being a young person (I was like 27 or 26 when I started), was great for them to look down on.
|
|
Pillar of the Community
 United States
4593 Posts |
LCS route only works if the LCS is a member... most aren't. PCGS requires a membership to submit. NGC does too, however ANA members (hint hint) qualify for a truly free membership. ANACS and ICG do not require a membership, but it's basically the same... Either way, vouchers or cash, you pay to ship TO the TPG, for the grading and return shipping. You can save the shipping by dropping off at a coin show - many of the TPGs have booths - check their website. Show submissions are also best if you aren't sure about the paperwork. Of course, even submitting at the show isn't perfect: one of mine got messed up because one of the coins had to go on a different tier - and crossing out turns out to be a bad idea, they then missed the request below the cross-out for a variety submission. So it's back being fixed. Edit: speeling -----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/Edited by BStrauss3
03/10/2015 11:19 am
|
|
Pillar of the Community
United States
1304 Posts |
I think the other thing to consider is how much you paid for the items you want to get slabbed vs the added cost of doing so. If I want a coin slabbed I try to buy it already slabbed. If it's not slabbed and I want it slabbed, I factor in that cost when making an offer. With that said I'm a member of NGC and submit to them directly, but I use my LCS to submit to PCGS. NGC had other membership benefits that I wanted to utilize so that coupled with the 5 free submissions made it a decent price for a year subscription. For comparison, $125 membership at NGC gives you 5 free submissions which calculates out as $25 + shipping/handling, which is about $40 so it comes out to $33 a coin, then you can just consider access to all the membership benefits as free. Sure its a bit cheaper at my LCS, but I don't get access to census information and a bunch of other informative stuff that interested me.
|
|
Pillar of the Community
 Canada
5395 Posts |
Submitting through NGC and ANACS is easy . Join the ANA as Strauss said and NGC direct submission is yours. ANACS are great to deal with and are more cost effective. At the recent Portland ANA had a chance to talk to Paul De Felice from ANACS. Most enlightening conversation. Current turnaround times from both are around 21 business days. As to PCGS , not interested at all in dealing with them except on a super high grade rarity. They can't grade world coins to save their souls. |
| |
Replies: 9 / Views: 2,252 |
|
Posted 03/09/2015 2:07 pm
