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 Replies: 15 / Views: 19,927 |
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Pillar of the Community
United States
6396 Posts |
For those who ask what it actually costs to have coins graded by a TPG, here is the breakdown for the 5 coins I just sent to ANACS. Per-coin grading fee, for US coins valued at $2000 or less: $19 (for 15-day turnaround service). Return shipping/insurance cost, for a submission valued at $1001 - $5000: $25. My registered, insured mail cost to send in the coins: $22.60. Total: (5) x ($19) + $25 + $22.60 = $142.60. My total cost per coin is therefore $28.52. Additional services like variety attribution or VAM determination cost extra. Note that ANACS is somewhat cheaper than PCGS and NGC for coins in this price range. You can see that for many coins it's just not worth it. You could instead spend your TPG money to buy some nice silver dollars or other collector coins. |
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Pillar of the Community
United States
2589 Posts |
indeed, I generally only submit coins that I know will increase in value graded than if left raw.
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Pillar of the Community
United States
3592 Posts |
Best to wait for a special and don't worry about turnaround time.My last 5 ended up about $19 each and two were variety attributions.(ANACS)
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Pillar of the Community
United States
4000 Posts |
But if you are going to send them in, you may as well send at least 5. They charge you a 5 coin minimum regardless, so you certainly wouldn't want to send in just one.
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Pillar of the Community
 United States
5953 Posts |
They had a $10 special on last year with free return shipping. I just missed it so I have my eyes pealed in the hope they repeat it again this year.
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Valued Member
United States
313 Posts |
What do you guys think of the current special 10 for $10.00ea?
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Pillar of the Community
United States
2589 Posts |
its a good deal, but its only on dollars and small cents. I'm fairly certain insurance is not included in that price either. I'm actually debating whether or not to send out a packet under that deal myself.
-XoG
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Pillar of the Community
United States
3592 Posts |
You still have to pay shipping,insurance and varieties are $5 per coin extra....but it's a great deal
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Valued Member
United States
313 Posts |
I have slabbed coins that I have purchased but never sent any of my own in.I think I'm going to send in 10 of my Morgans just to see what there grade is compared to what I think.  |
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Pillar of the Community
Philippines
1156 Posts |
that really is expensive!
your $142 can buy a 1861 one peso gold coin with 2 grams AGW
and I understand they confiscate the coin if it turns out they deem it fake? is that true? what if the owner doesn't know it's fake? that's why he is grading it
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Valued Member
United States
287 Posts |
Pretty pricey for any service it seems...
What is the most cost effective way to grade one single gold coin (NGC or PCGS, no others)? In my case a 2009 UHR St Gaudens
Edited by jimineez
02/01/2011 12:04 am
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Pillar of the Community
United States
3592 Posts |
jimineez,take a single coin to a PCGS authorized dealer and let him submit it for you. Nic, never heard of a TPG confiscating a fake,that sounds like it would open too many doors to a lawuit. |
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Pillar of the Community
United States
2589 Posts |
I sent my two 2009 UHR St Gaudens to NGC for grading, they both came back as ms69 proof likes. So it was well worth the fees to send them in. I would not send in a 2009 UHR to PCGS simply because they do not grade coins as proof like. Proof like designations add hundreds of dollars to ms69 coins and thousands to ms70 ones.
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Bedrock of the Community
United States
14454 Posts |
Quote:
I understand they confiscate the coin if it turns out they deem it fake? is that true? That is incorrect, they will just send it back to the owner in a flip instead of a slab and a description on why it was not graded |
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Pillar of the Community
Philippines
1156 Posts |
Thanks Bryan1315 for that piece of info about fakes TPG. Now I know  another collector told me that two years ago and it got stuck in my mind, percolating, he probably didnt want any competition  on auctioning off slabbed coins |
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Pillar of the Community
 United States
6396 Posts |
Quote:
I would not send in a 2009 UHR to PCGS simply because they do not grade coins as proof like. Is it just the 2009 UHR $20 coins that they won't grade as proof-like? I know I've seen PCGS coins with proof-like ("P-L") designations, like the 1882-CC Morgan I once had graded PCGS MS-65 PL. |
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Replies: 15 / Views: 19,927 |
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Posted 01/14/2011 2:42 pm
