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Submission Question

I have some 1976-S Ikes that will probably go 68, and some 1976-S quarters that will go at least 68.
I am going to do a submission here shortly. I paid about $300.00 for the coins, so that is their actual value at
this time. If I do the economy submission , they exceed the allowable value? I usually always submit under
economy, unless want the coins back faster.
What does PCGS use as the value for the coin, I guess since in reality I am not sure what grade PCGS will
assign.
Thanks

Comments

  • Dan50Dan50 Posts: 1,816 ✭✭✭
    Submit them through modern, they come back a little faster.
    You can value them at a level that works under the limit.
    Dan
  • Ask yourself if your willing to accept what you state as value in case the shipment/submission is lost. Doesn't happen often, but it does happen. I'm waiting on the Postal insurance to pay PCGS and then they will pay me on a shipment that was stolen! I slightly undervalued the coins to submit them on the "economy" submission. There were several coins that I paid around $350 to $400 that I listed as $300. Now I'm going to pay the price! My fault!!


  • << <i>Ask yourself if your willing to accept what you state as value in case the shipment/submission is lost. Doesn't happen often, but it does happen. I'm waiting on the Postal insurance to pay PCGS and then they will pay me on a shipment that was stolen! I slightly undervalued the coins to submit them on the "economy" submission. There were several coins that I paid around $350 to $400 that I listed as $300. Now I'm going to pay the price! My fault!! >>



    << <i>
    That actually sucks!
    I just used the example since the 76-S quarter at 69 is $8500.00, not that it is but it may. I bought a few mint sets for a few
    hundred dollars, thats all I have in it.
    Never thought of it that way. I just did a submission of 30 coins with two being a hi and lo leaf wisconsin. I paid $400.00
    for both and they will probably grade from 63-to 65, already past the insured value.
    Thanks for your input
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