Does Delcare Value Matter When Sending To PCGS?

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Author	Replies: 7 / Views: 1,839
sbvtkle New Member United States 33 Posts	Posted 08/22/2010 09:08 am I am sending some coins to PCGS. I have a question. I have a coin value as $800.I put declare value as $299 on submission form so I pay lower fee for the grading service and insurance. Will PCGS give a lower grade if they see the declare value is not high? Thank You! Report this Post to the Staff

SsuperDdave Moderator United States 23522 Posts	Posted 08/22/2010 09:59 am It is very impolite and considered immoral to do such a thing. Furthermore, if the difference is obvious, they might just charge your card for the additional value. Do not do this. Report this Post to the Staff
nickelsearcher Moderator United States 15457 Posts	Posted 08/22/2010 10:15 am This is not an ethical approach. Do not do this. David Take a look at my other hobby ... http://www.jk-dk.art Report this Post to the Staff
sbvtkle New Member United States 33 Posts	Posted 08/22/2010 10:17 am ok. Thanks! Report this Post to the Staff
big777bill Valued Member United States 376 Posts	Posted 08/22/2010 10:40 am Honesty is always the best policy! You may get away with it but if you don't you look like a fool. Report this Post to the Staff
Tim Stroud Pillar of the Community United States 2661 Posts	Posted 08/22/2010 11:31 am Not to mention the loss you would suffer if something was to happen to the coin in transit. Report this Post to the Staff
dom Valued Member United States 265 Posts	Posted 08/22/2010 1:29 pm The others are right. It is just not right, but from a practical point of view. Your coin is held in their vault before, during, and after the grading process until it is shipped to you. They are liable if anything happens to the coin. Your declared value is also based on the registered mail back to you. An as Tim Stroud mentioned, if something happened in transit you are out a $300 coin NOT an $800 coin. Report this Post to the Staff
sbvtkle New Member United States 33 Posts	Posted 08/22/2010 8:36 pm what happen is that I sent out 12 coins. some coins are cheaper and some are more expensive. I just average out the values of all coins to make shipping and insurance easier. let's say I increased the $100 coins to $300 and decreased the $800 to $300. They are so similar, all fat man dollars coins. I can not tell the difference. Thanks! Report this Post to the Staff
	Replies: 7 / Views: 1,839

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