Submission & PriceGuide Questions
ajia
Posts: 5,403 ✭✭✭
Tried to ask DH this question, but have gotten no response.
And since haletj (sorry buddy for using you as an example) posted his grades, I figured this would be the right time to ask the general membership.
These were obviously sent in threw the economy service, look at the date submitted & date returned.
But some of these turned out to be worth more than the $300 limit. Nothing against haletj, more power to you, my question is if you were uncertain between 2 grades, would you 'value' the coin at the lower grade?
Does PCGS take into consideration the type of grading service is being submitted?
Say, for example, I send in an 1891-S Morgan, I am hoping it makes MS65, but I know it is at least a 64. The difference between the 2 grades is about a thousand dollars! Does PCGS know this price difference, in relation to the grading? From what I have read I know they tend to lean toward the lower grade when there is a big value jump (maybe answering part of my own question).
Also, besides the graysheet, where do you find the most current prices?
PCGS prices are still a bit behind IMHO.
And since haletj (sorry buddy for using you as an example) posted his grades, I figured this would be the right time to ask the general membership.
These were obviously sent in threw the economy service, look at the date submitted & date returned.
But some of these turned out to be worth more than the $300 limit. Nothing against haletj, more power to you, my question is if you were uncertain between 2 grades, would you 'value' the coin at the lower grade?
Does PCGS take into consideration the type of grading service is being submitted?
Say, for example, I send in an 1891-S Morgan, I am hoping it makes MS65, but I know it is at least a 64. The difference between the 2 grades is about a thousand dollars! Does PCGS know this price difference, in relation to the grading? From what I have read I know they tend to lean toward the lower grade when there is a big value jump (maybe answering part of my own question).
Also, besides the graysheet, where do you find the most current prices?
PCGS prices are still a bit behind IMHO.
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Comments
<< <i>(sorry buddy for using you as an example) >>
Not a problem! I've wondered the same question as you. I've sent in coins borderline between being a $50 coin and a $3500 coin, so I was wondering which service to use as I don't want to waste money on needless grading fees (that'd be the worst thing ever!). Well, coins I thought might be over $300 I just put down $300 for insurance, and figured some coins would be over, some much under that, and overall I would have sufficient insurance for the whole package. I don't think the graders will be biased due to the submission type, as I have got some modern pop-tops worth well over $300 in modern submissions, plus a few over $300 coins in this economy submission. Probably next time I think I have a really great one potentially worth $1000 or more I'll send it regular service.
5 21749384 1924-D 1C USA MS63BN
15 21749399 1930 25C USA MS62FH
both worth <$300 in those grades, but over $300 in the grades I expected, 63rb and 64FH. The penny esp has a 50/50 Red/Brown obverse (a mostly BN rev). Shouldn't that be rb? Maybe I should send these 2 in again regular service and see what happens! Interesting!