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 Replies: 17 / Views: 3,951 |
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New Member
United States
45 Posts |
Hey all! This post might seem like a ramble at times, but please bare with me! It's not like I haven't read up about coin grading and how to's, its just the thought of shipping these coins is giving me anxiety and I would like to get more advice before doing so. So I plan on submitting some Morgans to PCGS and I've never submitted coins before. I posted on here years ago asking generally how to but never got around to it until now. The coins I plan on getting graded are 1884-S, 1892-S, 1893-S (Have verified it's real), 1894, 1894-O, and 1895-O. I tried posting earlier and because I posted an Imgur link it didn't post, so if you want to take a look at my coins they're in several of my previous posts. As far as shipping goes I have a couple questions. How much insurance should I plan on getting? Should I go above what I think the coin could be worth or does anyone have a suggestion? Also, my coins are in stapled sleeves so I need to replace them. Are these https://www.amazon.com/gp/product/B...S3C559&psc=1 or these https://www.amazon.com/gp/product/B...S5LE0N&psc=1 better? Or any other recommendations. Also, when repackaging the coins I plan on using Nitrile gloves. It seems these are safe to use but I want to be sure. When I'm repackaging them I also plan on taking some better photos (or so I hope). Finally, in regards to https://www.PCGS.com/servicesandfees I'm having a hard time understanding which service I should be using. Any suggestions or past experiences? I appreciate any and all advice! Thank you! Tyler Edited by soccerplyr0004
06/26/2017 11:57 pm
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Bedrock of the Community
United States
10982 Posts |
Quote:
How much insurance should I plan on getting? Should I go above what I think the coin could be worth or does anyone have a suggestion? Also, my coins are in stapled sleeves so I need to replace them.
Also, when repackaging the coins I plan on using Nitrile gloves. It seems these are safe to use but I want to be sure. When I'm repackaging them I also plan on taking some better photos (or so I hope).
....which service I should be using. Any suggestions or past experiences? Insure the coins for the current value you place on them. Use Registered Mail if the value go over $2,000 which I assume it will. Buy the 2 1/2" x 2 1/2" SAFLIPS. They are available on PCGS' website too. I never use gloves and handle coins by the rim. It's your choice. I would submit to their "Regular" service and consider Trueview as well. Good luck! Edited by BH1964
06/27/2017 12:22 am
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Bedrock of the Community
 United States
12477 Posts |
 Get 2.5"x2.5" Saflips (what is preferred from what I understand), make two "bundles" of three coins with padding in between held by a couple rubber bands (no staples, no tape). Ship in a small box (not an envelope) using USPS Registered Mail. Registered Mail uses a very secure method of handling/delivery that does not mix with other packages. As far as Insurance amount, err on the high side. Determine what you think the coins may be worth if the grades you expect are realized, and maybe up it a notch. Registered Mail is automatically insured but, the cost depends on the declared value. The only time I've used it, I insured a package for $9000. For that amount of coverage, the cost was not bad at all. It turned out that I wasted my money (getting signatures authenticated) but it sounds like you would be more comfortable adding the extra coverage.  In Memory of Crazyb0 12-26-1951 to 7-27-2020
In Memory of Tootallious 3-31-1964 to 4-15-2020
In Memory of T-BOP 10-12-1949 to 1-19-2024
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New Member
 United States
45 Posts |
Say I do the Regular service for several of my coins and they end up being worth more than the $3000 maximum value. Will I be charged more then or how would that work?
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Bedrock of the Community
United States
10982 Posts |
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Say I do the Regular service for several of my coins and they end up being worth more than the $3000 maximum value. Will I be charged more then or how would that work? No. It's not a problem unless the values are totally out of whack. Say you have a $10k coin or something then it might raise an eyebrow. For example, say your 1893-S Morgan was in AU53 condition with no problems then it's clearly way over the $3k value. If it's under AU then don't worry a bit. P.S. Regular Service is $3k per coin so the order total for 6 coins could be $18k total. It's calculated per coin but they give you plenty of leeway. |
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Pillar of the Community
United States
3210 Posts |
Can you post pictures of the coins you are planning to submit to PCGS? We can help you get an idea of the grades and estimated values. If you do plan on submitting coins especially rarer pieces I'd send them regular tier or higher depending on the coins estimated value and how patient/impatient you are on getting them back.
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Pillar of the Community
United States
7840 Posts |
Would there happen to be a large coin show in your area soon that PCGS may be attending? You could always drop them off at an authorized dealer in your area as well. Looks like you have a few key and semi-key dates, and yes, images would be nice to take a look at as well.
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New Member
United States
45 Posts |
I plan on taking a trip to my safety deposit box this week to pull them out and retake pictures without any sleeves on them. Then post the pictures here to see what people think and hopefully ship them out next week. I might even do all my coins express and secure.
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Pillar of the Community
United States
4469 Posts |
I agree that you send your coins registered mail. It will take a little longer to get to PCGS, but it is the most secure way to ship. It will also cost less than priority mail with the added insurance. USPS charges less for insurance on Register mail than Priority or Express mail. Insure the coins for the amount that if the coins are lost you are comfortable with the claim amount.
If you have a coin with a value over 3K, that coin will need to be sent express. You can ship a regular and express coin in the same package to PCGS, but they will not return in the same package unless you have an Fed Ex or Express mail account. if you have any questions, give them a phone call. Do not send them an email as they are slow to respond.
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Valued Member
United States
109 Posts |
I agree on using registered mail to submit your Morgans. By the way, nice dates !!
Anyhow, you need to seal the shipping box with brown paper tape, not the shiny plastic looking stuff that the post office sells. All of the corners and gaps on the shipping box needs to be sealed tight (tamper proof) otherwise the post office will not let you use registered mail.
I experienced this when I was sending a bunch of early 1930's baseball autographs to JSA for authentication.
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Pillar of the Community
United States
4589 Posts |
Insurance is based on the value YOU determine. If you undervalue, that would be the limit of what you could recover if it were lost in transit. SOMETIMES, the TPG notices you've vastly undervalued a coin and customer service will contact you to make the adjustment. But you can't depend on it. So do an honest job of grading before you send it off, and check the price guide. If you think it's a 64, but if it slides past and makes a 65 which is worth 10K more, probably price it at the extra 10K. -----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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Bedrock of the Community
United States
94367 Posts |
If you have a trusted LCS, I would definitely save the hassle and submit through them.
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Bedrock of the Community
13014 Posts |
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If you have a trusted LCS, I would definitely save the hassle and submit through them. I wouldn't especially not at the potential values. Always do it yourself |
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Pillar of the Community
United States
4589 Posts |
Honestly, people over-complicate this. Pick your TPG * Join if necessary Use the online submission form, list each coin with estimated (replacement) value Follow instructions, carefully including proper packing and shipping (insured) -----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
4589 Posts |
Oh, yeah, I forgot ... obsessively check the site to see if your coins have been received and then if grades posted and then track the returned package...
-----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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New Member
United States
45 Posts |
I just wanted to let everyone know I did read what you had to say. Tonight I'll be posting "better" pictures of my coins to see what you all think about their grades!
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Replies: 17 / Views: 3,951 |
Posted 06/27/2017 02:22 am
