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Which TPG Is The Cheapest Way To Go?

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Author Previous TopicReplies: 14 / Views: 1,615Next Topic  
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CoinHunter17's Avatar
United States
1008 Posts
 Posted 08/01/2020  11:52 am Show Profile   Bookmark this topic Add CoinHunter17 to your friends list Get a Link to this Message Number of Subscribers
Say I wanted to submit 5 modern coins for grading and certifying whether they are errors or varieties or not. Which way should I go? I know this is a very controversial war on where to go, but I need some convincing.
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GrapeCollects's Avatar
United States
8938 Posts
 Posted 08/01/2020  12:04 pm  Show Profile   Bookmark this reply Add GrapeCollects to your friends list Get a Link to this Reply
Depends on the value. If it is something rare that would sell for a lot, PCGS. If it's not as valuable, and you want something more cost effective NGC or ANACS. ANACS is slightly cheaper, but for a small premium you get the NGC name. So IMO for 5 Modern coins, NGC would be the way to go.
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Adam_E's Avatar
United States
4846 Posts
 Posted 08/01/2020  12:08 pm  Show Profile   Bookmark this reply Add Adam_E to your friends list Get a Link to this Reply
Honestly I would go with ICG if you're more concerned about the error or variety identification than the grade. They've got good error experts, and they're extremely cheap
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CoinHunter17's Avatar
United States
1008 Posts
 Posted 08/01/2020  12:17 pm  Show Profile   Bookmark this reply Add CoinHunter17 to your friends list Get a Link to this Reply

Quote:
but for a small premium you get the NGC name.

What exactly do you mean?
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Keith67's Avatar
United States
6502 Posts
 Posted 08/01/2020  12:27 pm  Show Profile   Bookmark this reply Add Keith67 to your friends list Get a Link to this Reply

Quote:
, and they're extremely cheap

There is a reason for that. Go ANACS. I dont think there is a membership fee
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CoinHunter17's Avatar
United States
1008 Posts
 Posted 08/01/2020  12:29 pm  Show Profile   Bookmark this reply Add CoinHunter17 to your friends list Get a Link to this Reply
Yes, ANACS has no membership fee, which is why I'm leaning in that direction. But for example, if I found an 83' copper, I should go for PCGS correct? How much would it cost?
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GrapeCollects's Avatar
United States
8938 Posts
 Posted 08/01/2020  12:39 pm  Show Profile   Bookmark this reply Add GrapeCollects to your friends list Get a Link to this Reply

Quote:
I would go with ICG


Eww, toe jam company.


Quote:
They've got good error experts





Quote:
What exactly do you mean?


If you are willing to pay a little bit extra you can have the NGC name on the slab which is infinitely better in today's market. ANACS isn't bad, but they're not great either. The order from best to worst is PCGS,NGC,ANACS and everything else sucks.


Quote:
How much would it cost?


1 Modern Coin with either variety or error attribution is $14 (base cost for coin) + $9 for attribution (cost for variety or error) at ANACS.

NGC is $17 (base cost) + $15 (cost for variety/error).

PCGS is $16 (base cost) + $18 (for variety) or $65 per coin for errors.

ANACS is cheapest, followed by NGC, than PCGS at the most expensive. ANACS has a much lower marketability, a lower quality slab (my opinion) and less of a name to them. If you cut corners on price you cut corners on quality. With ANACS you're only saving $12 per coin. Is saving the $60 important? Than go ANACS. If you can spare it go NGC.


Quote:
ANACS has no membership fee, which is why I'm leaning in that direction


If you want to sent to NGC or PCGS drop me a PM. I work at a coin shop in MD and would be more than happy to let you submit under our account
Edited by GrapeCollects
08/01/2020 12:40 pm
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CoinHunter17's Avatar
United States
1008 Posts
 Posted 08/01/2020  12:42 pm  Show Profile   Bookmark this reply Add CoinHunter17 to your friends list Get a Link to this Reply
Thanks Grape! I don't have anything at the moment, but I will PM you when I do.
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Adam_E's Avatar
United States
4846 Posts
 Posted 08/01/2020  2:41 pm  Show Profile   Bookmark this reply Add Adam_E to your friends list Get a Link to this Reply

Quote:
There is a reason for that.


Yeah, that reason is because people don't respect the grading standards of ICG as much. If he were sending in a high MS Morgan or similar I wouldn't have suggested ICG. Error coins aren't as reliant on grades to determine value, it's more about the severity/rarity of the error. ICG is more than capable of classifying error coins, if that's all that's necessary. ESPECIALLY if on a budget. ANACS is fine too, but if you want decent certification at the absolute cheapest you can get, ICG is the way to go. It's like $40 less than ANACS.

Grape, as far as I'm aware, ICG is good at error and variety classification.
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hfjacinto's Avatar
United States
7273 Posts
 Posted 08/01/2020  3:43 pm  Show Profile   Bookmark this reply Add hfjacinto to your friends list Get a Link to this Reply
For high end coins I agree with Grape, for the vast majority of collectors Anacs is more than fine and they have a special 10 coins for $109.
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Earle42's Avatar
United States
10029 Posts
 Posted 08/01/2020  5:58 pm  Show Profile   Bookmark this reply Add Earle42 to your friends list Get a Link to this Reply

Quote:
Say I wanted to submit 5 modern coins for grading and certifying whether they are errors or varieties or not.

Or you could keep the money in your own pocket and post them here so we can help you. We have experts in this forum (some very respected in the hobby). Otherwise you just needlessly pad the pockets of the companies.
How much squash could a Sasquatch squash if a Sasquatch would squash squash?
Download and read: Grading the graders
Costly TPG ineptitude and No FG Kennedy halves
https://ln5.sync.com/dl/7ca91bdd0/w...i3b-rbj9fir2
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Numis-Northerner's Avatar
Canada
857 Posts
 Posted 08/01/2020  6:03 pm  Show Profile   Bookmark this reply Add Numis-Northerner to your friends list Get a Link to this Reply

Quote:
.Or you could keep the money in your own pocket and post them here so we can help you. We have experts in this forum (some very respected in the hobby). Otherwise you just needlessly pad the pockets of the companies.


I agree, unless you're trying to sell them there is no point really in paying for what can be done for free.

Fwiw I tend to trust the folk here on CCF more than any of the TPGs 80% of the time.
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Earle42's Avatar
United States
10029 Posts
 Posted 08/01/2020  6:05 pm  Show Profile   Bookmark this reply Add Earle42 to your friends list Get a Link to this Reply

Quote:

Quote:
They've got good error experts


Quote:




Almost as funny as what's at this link and "The" experts:
http://goccf.com/t/346174#2967242

Posted this to make sure the OP understands these companies only give opinions, and collectors who do objective homework will find the wisdom of the saying here on CCF of, "Buy the coin not the slab."

Since the masses will pay more for the PCGS, for selling its likely best to go with PCGS. Just remember a coin broken out of a slab abd resubmitted is never guranteed the same grade again - even if untouched and even if submitted to the same company.
How much squash could a Sasquatch squash if a Sasquatch would squash squash?
Download and read: Grading the graders
Costly TPG ineptitude and No FG Kennedy halves
https://ln5.sync.com/dl/7ca91bdd0/w...i3b-rbj9fir2
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GrapeCollects's Avatar
United States
8938 Posts
 Posted 08/01/2020  6:53 pm  Show Profile   Bookmark this reply Add GrapeCollects to your friends list Get a Link to this Reply

Quote:
Almost as funny as what's at this link and "The" experts


I'm not saying that PCGS or NGC aren't flawless, they can suck too. However, they suck less often.
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Conder101's Avatar
United States
17884 Posts
 Posted 08/03/2020  8:28 pm  Show Profile   Bookmark this reply Add Conder101 to your friends list Get a Link to this Reply

Quote:
I'm not saying that PCGS or NGC aren't flawless, they can suck too. However, they suck less often.

They are tops in grading and pretty good at errors, but DON'T trust them on varieties. For varieties PCGS and NGC are at the bottom of the heap, which the additional problem that NGC does NOT guarantee their attributions. PCGS does, but theyaren't much better at attributions than NGC. Believe it or not the best at attributions is SEGS, then probably ANACS.

One thing that wasn't mentioned earlier in the costs was that there is also a $10 per invoice "handling fee" at NGC and PCGS, I don't see that ANACS has such a fee. So if you have five modern coins that you want slabbed as errors at ANACS it would be $120 (5 * $15 plus 5 * $9 if you tell them the variety/error). At NGC $170 and PCGS $180 for varieties or $415 for mint errors. (That $65 fee per coin for identifying errors at PCGS is a killer)
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