What PCGS grading fee to use?

DoubleEagle59

Say I have a coin that I'm sure is at least a certain grad and its value is $1000.

There's a strong possibility it'll grade one higher, but the value of this higher grade is $15,000.

What's the best way to submit this coin?

Should I submit the coin with the regular fee ($3000 coin value limit) or should I go with the higher fee category?

If I go the lower choice, will this influence the graders decision..ie., will they be more reluctant to give the higher grade with the $15,000 coin value when I'm only paying for a $3000 coin value limit?

Or if they give the higher grade, will they change my fee to the higher value coin (something I of course wouldn't object to)?

Many questions I know but if you've had any experience with this situation your thoughts would be very helpful.

LindeDad

I have always thought that the value of the coin before grading as being what it cost me. Not what it might grade.

illini420

Put down the value you want the coin to be insured for while at PCGS and when it's in the mail back to you.

lkeigwin

If the value skyrockets between grades the higher one is probably difficult to achieve. You might check the pop reports. Would you still say the higher grade is a "strong possibility" for your coin?

I would follow Illini's advice which, I'm guessing, would mean the lower-priced grading fee. Save yourself some money. Paying more is not going to influence the graders. If your coin warrants the higher grade it will get there regardless of the grading fee.

Good luck! I hope you win the lottery!
Lance.

jdimmick

Put down the lower value. I beleive in a case like this, if they grade it higher and the value goes up significantly, they will contact you to see if you want to add value to thier return shipment figure.

They did for me once where a coin went from 900 to 14k. CS called.

jim

GrumpyEd

I put down the value that I would feel ok with if the coin got lost, whatever I'd insure it for.

STONE

<< <i>I put down the value that I would feel ok with if the coin got lost, whatever I'd insure it for. >>


I just did this with a fairly valuable coin I submitted (don't worry the coin didn't get lost).
I submitted it with 1 grade in mind, and it came back (as most others suspected it would) 1 grade higher.