40 Million Coins Graded: PCGS Achieves Milestone

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Author	Replies: 7 / Views: 2,580
HoboNickelCarver Pillar of the Community United States 717 Posts	Posted 11/09/2018 8:20 pm I don't know how much it costs to have a coin graded, but I'm sure PCGS has made a lot grading 40 million coins! https://coinweek.com/dealers-compan...s-milestone/ * Moved by Staff to a more appropriate forum. * Report this Post to the Staff

jbuck Moderator United States 187914 Posts	Posted 11/09/2018 11:55 pm Coin Collector Since 1978 Avatar Old Avatar 7070 Eisenhower Australia Canada World CCF Members on eBay CCF eBay Search Engine Report this Post to the Staff
Optimist-numismatist Pillar of the Community Canada 683 Posts	Posted 11/10/2018 04:34 am But how many CCF posts do they have? Report this Post to the Staff
John1 Moderator United States 56855 Posts	Posted 11/10/2018 04:39 am How many of that 40 mill are re-submissions? John1 Report this Post to the Staff
carmykle Pillar of the Community United States 2448 Posts	Posted 11/10/2018 1:06 pm Good question! I've heard a lot of people say they were going to break out a coin and re-submit. You can also tell them the least number you'll accept it graded as and they's not grade it and return it to you. They'll still charge you for it tho... Don't know if they'll put it in a non-graded holder tho...I've stopped sending coins to them. Report this Post to the Staff
basebal21 Bedrock of the Community 13014 Posts	Posted 11/10/2018 3:21 pm Quote: How many of that 40 mill are re-submissions? Probably not as many as most people would think. About 20 percent of that total can be accounted for by ASEs, Morgans, and St Gaudens $20s alone. There absolutely have been resubmission's trying for an upgrade or because someone wanted it raw at one point, but a lot of coins just aren't worth being resubmitted by the average submitter due to cost. I'd think the resubmissions are probably 10-15% of the total and that might be a little high of a guess. There are specific areas where they can be a significant part of that specific population, but overall that's a small part of a series and a minuscule part of everything. Report this Post to the Staff
basebal21 Bedrock of the Community 13014 Posts	Posted 11/10/2018 3:22 pm Quote: You can also tell them the least number you'll accept it graded as and they's not grade it and return it to you. They'll still charge you for it tho... Don't know if they'll put it in a non-graded holder tho...I've stopped sending coins to them. Those don't get holdered at all. They come back in flips or a tube depending on what and how many. Report this Post to the Staff
jbuck Moderator United States 187914 Posts	Posted 11/11/2018 12:31 am Quote: Quote: How many of that 40 mill are re-submissions? Probably not as many as most people would think... I agree. Looking at the huge variety of slabbed coins out there, I cannot imagine many people daring to gamble for an upgrade. Coin Collector Since 1978 Avatar Old Avatar 7070 Eisenhower Australia Canada World CCF Members on eBay CCF eBay Search Engine Report this Post to the Staff
	Replies: 7 / Views: 2,580

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