What happens to the grading price if the coin ends up being worth more than there limit? Some of the moderns that people send in can be worth less than $300 in 67 and over a thousand in 68.
<< <i>I wonder how long it takes in the Teletrade/PCGS setup, at least to get back to Teletrade from PCGS? >>
This is suppose to be regular service ie 15 days but no guaranteed. The problem is Teletrade added a $2 fee per coin for submitting your coins. So when your done adding the fee's it's about the same price.
Is anybody thinking of switching to NGC ?
Pro's
$11 per coin, Faster Turnaround time, Higher Grades.
David Hall answered this once, but I could not find the thread. What he said approximately is that PCGS takes on some risk of damaging the coin when reholdering all coins, but especially MS-70 coins, which are most susceptible to a stray nick or scratch. The extra cost is to insure against this damage. It made sense to me at the time. Since I have no expectation of owning an MS-70 coin, let alone reholdering one, it is not something I worry about much.
<< <i>[q. Since I have no expectation of owning an MS-70 coin, let alone reholdering one, it is not something I worry about much. >>
No worries Mate!
This only applies to moderns, as true collector coins don't exist in 70! >>
Majorbigmouth, want to explain this rant to the rest of us!?
Ken >>
Jeez, I would have thought you could slove this puzzle all by yourself.
True classic collector (i.e., non-modern) coins (say those coined for general circulation with Ms. Liberty, a shield or an indian on the obverse), "don't do" 70. Granted, some folks may have different criteria, but all should agree that there are few, if any, 70-graded non-moderns.
Hence, "no worries" about the discriminatory reholdering charge @ PCGS for those who don't collect moderns.
If you crave moderns and 70s, so be it. After all, some folks collect barf bags!
When I first saw the "PCGS Update - New pricing and services effective January 1, 2005." I thought they were talking about an Updated Price Guide.
I have been thinking about sending my MS coins to ANACS and PR to NGC. I think I will be skipping out on PCGS. I have some coins I need to get graded before I go but will never be able to see them due to the long wait at PCGS.
The regular 5 coin minimum submission will affect me the most as I usually only have 1 to 3 coins to submit at any given time. And most of the time the margin is too close to pay the 30.00 much less have to send it at the 50.00 rate when I only have a coin or two.
Comments
<< <i>U.S. Coins Economy (Non-Gold) $18 approximately forever $300 5 coins >>
Apropos of the coin posse/aka caca: "The longer he spoke of his honor, the tighter I held to my purse."
<< <i>When did they change the reg. submission ($30) to a 5 coin minimum? >>
Yikes! Thats gonna hurt!!! I can understand the 5 coin minimum on economy and moderns but to up the bread and butter business seems a bit unrealistic!
I'm hoping its a typo.....
The name is LEE!
<< <i>When did they change the reg. submission ($30) to a 5 coin minimum? >>
Jan 1st, 2005 It was first discussed here about a week and a half ago.
<< <i>I wonder how long it takes in the Teletrade/PCGS setup, at least to get back to Teletrade from PCGS? >>
This is suppose to be regular service ie 15 days but no guaranteed. The problem is Teletrade added a $2 fee per coin for submitting your coins. So when your done adding the fee's it's about the same price.
Is anybody thinking of switching to NGC ?
Pro's
$11 per coin, Faster Turnaround time, Higher Grades.
Con's
It's NGC.
Why the difference?
A penalty to those who crave moderns??
David Hall answered this once, but I could not find the thread. What he said approximately is that PCGS takes on some risk of damaging the coin when reholdering all coins, but especially MS-70 coins, which are most susceptible to a stray nick or scratch. The extra cost is to insure against this damage. It made sense to me at the time. Since I have no expectation of owning an MS-70 coin, let alone reholdering one, it is not something I worry about much.
No worries Mate!
This only applies to moderns, as true collector coins don't exist in 70!
<< <i>[q. Since I have no expectation of owning an MS-70 coin, let alone reholdering one, it is not something I worry about much. >>
No worries Mate!
This only applies to moderns, as true collector coins don't exist in 70! >>
Majorbigmouth, want to explain this rant to the rest of us!?
Ken
<< <i>
<< <i>[q. Since I have no expectation of owning an MS-70 coin, let alone reholdering one, it is not something I worry about much. >>
No worries Mate!
This only applies to moderns, as true collector coins don't exist in 70! >>
Majorbigmouth, want to explain this rant to the rest of us!?
Ken >>
Jeez, I would have thought you could slove this puzzle all by yourself.
True classic collector (i.e., non-modern) coins (say those coined for general circulation with Ms. Liberty, a shield or an indian on the obverse), "don't do" 70. Granted, some folks may have different criteria, but all should agree that there are few, if any, 70-graded non-moderns.
Hence, "no worries" about the discriminatory reholdering charge @ PCGS for those who don't collect moderns.
If you crave moderns and 70s, so be it. After all, some folks collect barf bags!
<< <i>If you crave moderns and 70s, so be it. After all, some folks collect barf bags! >>
Well, now we know what you collect! Along with creased bills!
<< <i>Rumor has it that it's both cheaper and quicker across the street! >>
Three weeks, door-to-door:
Russ, NCNE
I have been thinking about sending my MS coins to ANACS and PR to NGC. I think I will be skipping out on PCGS. I have some coins I need to get graded before I go but will never be able to see them due to the long wait at PCGS.
jim