Did anyone notice the new PCGS Shipping and Handling Fees??? up 20%+...WHY??

As of September 19, 2007, prices have gone up and quite a bit.
I checked the previous rates, and these new prices appear to be over 20% higher.
Anyone else out there that can confirm this steep jump???
Why did they need to go up by 20%+?????
New Prices(from PCGS Website):
"Please note the new shipping and handling fees as listed below. You will find the updated fees printed on our submission forms and also on our online submission center. Please pay special attention to the new bulk rate system below as different pricing tiers have been established. If you have any questions regarding the new rates, please contact customer service at 800-447-8848 for more information. We appreciate your continued support and thank you for making PCGS the number one choice for authentication and grading."
U.S. Postage and Insurance Rates
Total Declared Value
$0 - $100 $101 - $1,000 $1,001 - $5,000 $5,001 - $10,000 $10,001 - $25,000 $25,001 - $50,000 $50,001 - $100,000 $100,001 - $150,000
1-5 Coins $15.15 $17.35 $22.75 $28.25 $44.75 $72.25 $102.50 $154.95
6-20 Coins $18.15 $21.35 $26.75 $32.25 $48.75 $76.25 $104.95 $157.45
21-50 Coins $22.15 $25.35 $30.75 $36.25 $52.75 $80.25 $111.25 $163.75
51-99 Coins $33.15 $35.35 $39.75 $45.25 $61.75 $89.25 $121.75 $174.25
100+ $10.15 +
23¢ per coin $12.35 +
23¢ per coin $16.75 +
23¢ per coin $22.25 +
23¢ per coin $38.75 +
23¢ per coin $66.25 +
23¢ per coin $121.25 +
23¢ per coin $176.25 +
23¢ per coin
$25,001+ =$38.75 + $1.10 per $1000 Over
PCGS Link
Old Prices:
1-5 Coins $12.45 $14.15 $17.55 $22.80 $35.55 $57.80 $92.50 $134.95
6-20 Coins $14.95 $ $16.65 $20.05 $25.25 $38.05 $60.03 $94.95 $137.45
Got the theme???????
Edited to add "Why did they need to go up by 20%+?????"
I checked the previous rates, and these new prices appear to be over 20% higher.
Anyone else out there that can confirm this steep jump???
Why did they need to go up by 20%+?????
New Prices(from PCGS Website):
"Please note the new shipping and handling fees as listed below. You will find the updated fees printed on our submission forms and also on our online submission center. Please pay special attention to the new bulk rate system below as different pricing tiers have been established. If you have any questions regarding the new rates, please contact customer service at 800-447-8848 for more information. We appreciate your continued support and thank you for making PCGS the number one choice for authentication and grading."
U.S. Postage and Insurance Rates
Total Declared Value
$0 - $100 $101 - $1,000 $1,001 - $5,000 $5,001 - $10,000 $10,001 - $25,000 $25,001 - $50,000 $50,001 - $100,000 $100,001 - $150,000
1-5 Coins $15.15 $17.35 $22.75 $28.25 $44.75 $72.25 $102.50 $154.95
6-20 Coins $18.15 $21.35 $26.75 $32.25 $48.75 $76.25 $104.95 $157.45
21-50 Coins $22.15 $25.35 $30.75 $36.25 $52.75 $80.25 $111.25 $163.75
51-99 Coins $33.15 $35.35 $39.75 $45.25 $61.75 $89.25 $121.75 $174.25
100+ $10.15 +
23¢ per coin $12.35 +
23¢ per coin $16.75 +
23¢ per coin $22.25 +
23¢ per coin $38.75 +
23¢ per coin $66.25 +
23¢ per coin $121.25 +
23¢ per coin $176.25 +
23¢ per coin
$25,001+ =$38.75 + $1.10 per $1000 Over
PCGS Link
Old Prices:
1-5 Coins $12.45 $14.15 $17.55 $22.80 $35.55 $57.80 $92.50 $134.95
6-20 Coins $14.95 $ $16.65 $20.05 $25.25 $38.05 $60.03 $94.95 $137.45
Got the theme???????
Edited to add "Why did they need to go up by 20%+?????"
0
Comments
20%+++++......WHY?????
Sean Reynolds
"Keep in mind that most of what passes as numismatic information is no more than tested opinion at best, and marketing blather at worst. However, I try to choose my words carefully, since I know that you guys are always watching." - Joe O'Connor
In honor of the memory of Cpl. Michael E. Thompson
Authorized dealer for PCGS, PCGS Currency, NGC, NCS, PMG, CAC. Member of the PNG, ANA. Member dealer of CoinPlex and CCE/FACTS as "CH5"
why?
because the US dollar is tanking and US companies need more revenue because of this.
"“Those who sacrifice liberty for security/safety deserve neither.“(Benjamin Franklin)
"I only golf on days that end in 'Y'" (DE59)
Other fee increases could be in store.
Q4 results
That makes no sense, since everything from the service to the slabs are US products.
Does PCGS charge this often, overly-ambitious Insured rate for the ride home, if and when the coins are NOT worth what we had hoped they would be?
I need to check my latest submissions to see what I was charged for the ride Home.
Another thing ( I bet I can already guess the answer).... If a submitter sends multiple invoices in for grading USING THE SAME SERVICE - in One box - and all the coins are done within a day or two of each other (Same Grading tier - example/ 2 submissions using Regular tier) .... Why do they not ship them back in the same fashion - in one box?
Why ship them in seperate boxes thereby costing the submitter double postage instead of just shipping them back together? Afterall, we are talking about identical grading levels and Guaranteed turnaround time?
I noticed that too.
NGC raised shipping rates in late Spring.
PCGS is actually behind the curve on that.
Keeper of the VAM Catalog • Professional Coin Imaging • Prime Number Set • World Coins in Early America • British Trade Dollars • Variety Attribution
<< <i>Why did the post office raise their rates this spring? >>
Well, it sure as hell wasn't to improve their service. At least in my home area.
<< <i>Why did the post office raise their rates this spring? >>
Increse in fuel prices.