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 Replies: 1,581 / Views: 149,108 |
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Pillar of the Community
United States
1044 Posts |
Just remembered. There should be a couple of the RP AI dollars in the same box. That may complicate things. Anyone know how that would work if I do end up submitting?
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Valued Member
United States
430 Posts |
I think you'll have to grade all the coins.
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Bedrock of the Community
13014 Posts |
Give PCGS a call in an hour or so after they open and see how they're dealing with it. Generally you'd probably have to grade them all but this is a special situation so there's probably an exception.
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New Member
United States
35 Posts |
Bret, if someone is willing to pay you a lot more to have it graded, then yes I can justify the $150. Just check the ebay sold listings for graded vs ungraded. The market has spoken about what is reasonable. This can always change down the line but that's the risk you take. And then factor in the rarity of a signed COA and how many of those will be submitted with an unopened box to certify the coin with the COA...yes it is an artificial price inflation but the reality is people are willing to pay for it Edited by knowledge101
11/27/2019 11:44 am
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Valued Member
United States
276 Posts |
I have always been in the "stick with OGP" group, but I decided to go ahead with grading this one. The potential value difference if I sell makes it worth it for me.
I have a question though. I know that all of these qualify for first strike designation, so is there any benefit from paying extra for it? Would anyone see value in having that, even though every one of the coins would qualify as first strike?
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Pillar of the Community
Canada
1533 Posts |
I thought I'd post this for those that are wondering if they should grade with an LCS or on their own.
Shipping costs will vary for everyone.
My Cost for the complete round trip to and from Toronto on my 2019 S ERP Silver Eagle.
Purchase of 19XE $65.95 USD, $87.61 CAN
Shipping to Toronto $20.65 USD, $27.43 CAN
Customs Fee $17.02 USD, $22.61 CAN
Yearly NGC Mem. $149.00 USD, $197.94 CAN
FEDEX to NGC $67.75 USD, $90.00 CAN
NGC GRADING:
Express $60.00 USD, $79.71 CAN
Imaging $8.00 USD, $10.63 CAN
Return Pkg $5.00 USD, $6.64 CAN
Label/Early $13.50 USD, $17.94 CAN
Handling $10.00 USD, $13.29 CAN
Holder COA $10.00 USD, $13.29 CAN
COA# to label $5.00 USD, $6.64 CAN
FEDEX to Toronto $67.75 USD, $90.00 CAN
TOTALS: $499.62 USD $663.75 CAN
CREDITS:
NGC Vouch. $150.00 USD $199.27 CAN
Christmas Gift / Folks $103.68 USD, $137.65 CAN
TOTAL Credits $253.68 USD, $337.02 CAN
NET COST TO ME $245.94 USD, $326.73 CAN
Grade Obtained from NGC: PF-70
As of yesterday afternoon the current Pre Sale Prices for Graded PF-70's are
PINEHURST COINS $4364.08 USD, $5792.71 CAN
APMEX $4495.00 USD, $5966.60 CAN
MODERN COINMART $1199.00 USD, $1591.33 CAN
(RAW COIN)
(GRADED) Phone Booking Only, I didn't phone.
So, I lucked out even getting one of these on day two at 7:33am.
And I got a very generous early Christmas gift from the folks.
Is it worth it? Yes yes and yes,...beautiful coin, rare low mintage,and happy to have one.
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Valued Member
United States
102 Posts |
Quote:
Only downside is that 69 grade which is selling at the same price as raw. I thought they haven't shipped out the graded ones yet? I would have expected a 69 to still be well over raw price. |
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Valued Member
United States
138 Posts |
My entire collection of ASE's, with the exception of one, is in PCGS slabs. I like the slabs for modern proof and unc coins, if you wait a year or two after release most come down to a reasonable cost, sometimes not more than a few $ over original mint pricing for MS69 or PF69. So for consistency I want this one in a PCGS holder as well. I spent about $200 for grading at PCGS, that includes $69 membership, FS, COA, and there and back shipping. The other choice was to buy one already slabbed for whatever pricing they are getting on ebay, or other means. I also wanted it slabbed for reasons pointed out by others, in the event I do want to sell it at some future time it may help resale value. And the 1:300 lottery of a signed COA was a factor as well. The one that is not in a slab is a 1994 unc, still in the original mylar flip the guy at the LCS put it in back in 1994, no milk spots.  |
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Bedrock of the Community
13014 Posts |
Quote:
I have a question though. I know that all of these qualify for first strike designation, so is there any benefit from paying extra for it? Generally they have an added value which one something like this that is much more than the cost of FS. If nothing else they're more liquid, some collectors only want FS or like them better so if you don't get it you've eliminated/turned off some potential buyers. |
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Pillar of the Community
United States
4901 Posts |
Quote:
I thought they haven't shipped out the graded ones yet? I would have expected a 69 to still be well over raw price. The coins from MCM and Pinehurst are pre-sales. The 69's are selling at the same price as raw. ..and re: a couple of stray PF's in the box with the ERP... I would call NGC and explain (or email them). You can request return Mint packaging and make a comment on the form... which should cover the other coins, The "you must grade all" usually refers to sets that are submitted....you can't pick one coin from the set to grade |
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Pillar of the Community
United States
1044 Posts |
Just called NGC and they said they would just ship the coins back to me and charge me an extra shipping fee.
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Pillar of the Community
United States
4901 Posts |
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Pillar of the Community
United States
669 Posts |
I bit the bullet and decided to send it off for grading and take the risk. Sent it off by registered mail yesterday and went over FC mail weight limit by an ounce and a half and had to do priority. Says it'll get there Monday but with Registered it usually takes longer. With that said it already left the distribution center so they might be moving faster than normal in anticipation of the holiday shipping season.
Edited by mrpapageorgio
11/27/2019 3:45 pm
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Pillar of the Community
 United States
1667 Posts |
I think Raw and PR69 being the same currently just speaks to the hotness of the coin and the speculators, speculating that raw is likely to grade better than PR69.
Normally there should be a gap forming between the two, when 69s are more common or lower.
For the time being, the raw could exceed the PR69 graded price, at least until more and more 70s get graded by the companies and 70s becomes common and known. people are betting the raw coin will grade 70 and they will quick flip it for a couple thousand and make the $1200, heck closer to $1300 raw price worth the cost.
When all the graded 70s start showing up everything is crashing I think though.
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Pillar of the Community
United States
1044 Posts |
I took my unopened box to a gurú and he was able to telepathically see I have a 1 of 100 signed COA and a coin that will grade at 70 so looks like I will be sending mine in  |
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Posted 11/27/2019 10:57 am
