Submitting bullion to PCGS
Azurescens
Posts: 2,783 ✭✭✭✭✭
I have some mint-sealed sheets of rounds from 1999 that I'd love to see in the right kind of plastic.
I see PCGS has a Bulk Submission Agreement for Collectors Club members.
https://www.pcgs.com/bulksubmissionagreement.html
Do I send them in original packaging, or do I open them, what service class etc? Can I even do this? The software lets me choose them.
Thanks.
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Comments
Most bullion rounds will sell for about the same price if it's in PCGS plastic or a direct fit Air-Tite.
For me the right kind of plastic would be the direct fit Air-Tite.
100 coins x $12 + s/h = $1200+ that I keep in my pocket.
If the packaging they are in would need to be cut open I think PCGS would prefer them to be removed and placed in Safe T flips.
Edited to add: Sometimes it is even hard to justify the cost of having Unc ASE's graded.
https://www.ebay.com/itm/1986-silver-eagle-pcgs-MS-68-/264879545360?hash=item3dac0d1c10:g:zlgAAOSwGEZfcQ9H&nma=true&si=v1MJFAlnn5qyrHY7FqWxXWiYGXg%3D&orig_cvip=true&nordt=true&rt=nc&_trksid=p2047675.l2557
https://www.ebay.com/itm/1986-1-Silver-Eagle-PCGS-MS69-/193688626535?hash=item2d18bde567:g:a1QAAOSwaEhfc1n~&nma=true&si=v1MJFAlnn5qyrHY7FqWxXWiYGXg%3D&orig_cvip=true&nordt=true&rt=nc&_trksid=p2047675.l2557
https://www.ebay.com/itm/1986-American-Eagle-Silver-Dollar-1-oz-999-Silver-Coin-/392986295271?hash=item5b7fcefbe7:g:DvEAAOSwFcVfjza7&nma=true&si=v1MJFAlnn5qyrHY7FqWxXWiYGXg%3D&orig_cvip=true&nordt=true&rt=nc&_trksid=p2047675.l2557
For silver rounds, unless very special (i.e. family heirloom, anniversary, birthday gift), I would opt for an airtite or self slab, if I wanted protection/preservation. Especially a large quantity. Cheers, RickO
Okay...
...So how do I submit them and get them in PCGS plastic?
Any help, @PCGS_SocialMedia ?
Are 1999 sealed maples from the RCM okay?
Or do people just submit modern sealed tubes of eagles?
Thanks for any answers to my questions.
I put in sub 213775. Regular non gold shield modern should work for a single unit? What to do for 50, 100?
If they are packaged like this you would need to remove them and put them in Safe-T flips or a plastic tube roll.
That is the way I understand it....someone will correct me if I am wrong.
I was thinking to submit 550 coins as bulk but when I calculated the price it is almost 10k in fee. Those coin for sure can’t sell for that price so I hold off sending them. I want gold shield so the price would be 12x5 for one coin plus shipping.
Even if you bought them back then when silver was $5 an ounce and have plenty of room to cover grading fees the grading cost will hurt your bottom line.
They will bring about the same graded or not unless you get a couple of 70's.
Why would you grade bullion?
My thoughts exactly.
You are better off leaving them in mint sealed plastic,,,,,,, as soon as you cut them out milk spots will start developing,,, a year or 2 later most of them will be spotted.