Is PCGS running out of coins to grade?
Steve27
Posts: 13,274 ✭✭✭
Has the backlog disappeared?
"It's far easier to fight for principles, than to live up to them." Adlai Stevenson
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45 days to get my last economy back from NGC and less then a month to get my PCGS
economy back.
It seems as though the people submitting under economy are getting their grades faster than me, for instance, submitting under regular and express
Maybe there are less low value coins (e.g. economy) going to PCGS because a conservative grade doesn't justify the PCGS grading fee, and the low value coins are now going to NGC, and more high-value coins are going to PCGS and those are taking longer? Just an assumption here....
I don't know...I wish my 7 (express) and 15 (regular) grades would post as quick as the economy grades have been posting. People have been posting economy grades on orders that were received as late as 6/20 yet my "premium" orders, for which I pay more $$ aren't ready Kind of bums me out.
My guess is PCGS has seen less than 1% of what's been produced.
There's no shortage!
Ike Specialist
Finest Toned Ike I've Ever Seen, been looking since 1986
They have just scratched the surface as far as numbers to grade are concerned.
Also, I usually submit to PCGS first, and if the coin comes back lower than I want, I then crack it out and send in to NGC.
They usually grade about one point higher on modern. That is why I am careful about buying modern coins graded by NGC.
The other grading services are much worse.
ICG, AND SGS have little acceptance in the marketplace.
I have a submission in now and I'm hoping that they are still on the ball when they receive it!!!!
<< <i>Is PCGS running out of coins to grade? >>
I experienced a few faster than usual modern orders this spring, and a normal speed regular recently. I have several current modern orders in and they are running about right I think. I'm hoping that they've picked it up as sooner is better. </FONT>
<< <i>I stopped submitting when they got rid of the 1 year gold with 4 submissions. >>
I stopped submitting when they got rid of the 2 year platinum with 8 submissions.