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What service to use on a questionable higher value coin?

Just opened a roll of dollars that in MS 63 are worth $275 but I believe a large number could be graded MS 64 (worth $850. ) Economy Service is for coins under $300 and Regular Service for coins under $1000 but which service do you use for a coin that can be worth $850 at one grade higher?

Initially the $12 for Regular Service doesn't sound that bad but $12 for 20 on a sheet, plus the additional postage comes up to more than I'd like to pay in the first place



I also have a T.1 1913 Buffalo that I've owned for 30 yrs. that I feel is a proof.

Again as a business strike worth under $300 but much higher if it's a proof.

Do I submit it on the form as a PR. or BU?

Comments

  • 19Lyds19Lyds Posts: 26,492 ✭✭✭✭


    << <i>Just opened a roll of dollars that in MS 63 are worth $275 but I believe a large number could be graded MS 64 (worth $850. ) Economy Service is for coins under $300 and Regular Service for coins under $1000 but which service do you use for a coin that can be worth $850 at one grade higher?

    Initially the $12 for Regular Service doesn't sound that bad but $12 for 20 on a sheet, plus the additional postage comes up to more than I'd like to pay in the first place



    I also have a T.1 1913 Buffalo that I've owned for 30 yrs. that I feel is a proof.

    Again as a business strike worth under $300 but much higher if it's a proof.

    Do I submit it on the form as a PR. or BU? >>


    Where the heck are you getting $12 for regular service since I'm seeing $32 each??

    To answer your pricing question, pick the 5 best of the lot and submit them. Sell 4 then submit the rest provided they actually make your grading marks. In other words, if you are constrained by price just don't submit them all at once.

    Now, if I TRULY believed that the coin would grade at MS64 and had a value greater than $600, I'd send it at the EXPRESS Submission level.

    But that's just me.
    I decided to change calling the bathroom the John and renamed it the Jim. I feel so much better saying I went to the Jim this morning.



    The name is LEE!
  • BoosibriBoosibri Posts: 12,391 ✭✭✭✭✭
    Pick a few which are the best of the lot. Send them in regular service and see the results. Adjust you eye and expectations accordingly.
  • lkeigwinlkeigwin Posts: 16,893 ✭✭✭✭✭
    The simple answer is "make your best guess".

    PCGS isn't going to bounce anything because a coin graded higher and is now in the next tier. And if you say "proof" and PCGS feels it is a "business strike" you'll find out when the grading is done.

    Make your valuations consistent with the tier, of course. The valuations are important for insurance purposes. In the unlikely event something bad happens you will not be compensated for more than your valuation.
    Lance.
  • johnny9434johnny9434 Posts: 29,168 ✭✭✭✭✭
    send half to one and the other half to the other. just saying
  • MonsterCoinzMonsterCoinz Posts: 1,518 ✭✭✭✭✭
    To answer your question, it doesn't matter. If you submit Economy and all of your coins grade at $1000/each, they might charge you the difference for Regular. But it will not affect your grades.
    As for BU/Proof, just write down whichever you think it is.
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  • LindeDadLindeDad Posts: 18,766 ✭✭✭✭✭
    How much do you have in them as is. Insurance is to cover actual cost not value guessed at.

    image
  • TopographicOceansTopographicOceans Posts: 6,535 ✭✭✭✭
    I'd just send them in Economy with declared values of $300 each.
    When you get your grades and score you can call to add additional insurance for the return shipping.
    Send your Buffalo as a proof.
  • keyman64keyman64 Posts: 15,528 ✭✭✭✭✭
    Economy for everything you have! They could come back cleaned, they could see problems you don't and come back lower. If PCGS sees a blatant foul, they will let you know.
    "If it's not fun, it's not worth it." - KeyMan64
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  • DollarAfterDollarDollarAfterDollar Posts: 3,215 ✭✭✭✭✭
    Yes, The tier has more to do with insuring than the actual grade. If your submission turns out to be seriously low valued PCGS will re-write your estimate and charge accordingly. It's not your fault they found them all to be MS 66!!!
    If you do what you always did, you get what you always got.
  • BIGAL2749BIGAL2749 Posts: 742 ✭✭✭✭

    "Where the heck are you getting $12 for regular service since I'm seeing $32 each??"

    I'm sorry, I used $12 as the extra that I'd be paying for Regular vs. Economy


    Thanks gentlemen for the responses,

    They'll go Economy which is the most logical choice.

    I guess I was worried the TPG would feel I was being abusive

  • keyman64keyman64 Posts: 15,528 ✭✭✭✭✭
    Economy costs $12 when you have Great Collections submit the coin for you in case you have the intent to sell.
    They don't charge you shipping or handling fees etc etc etc.

    That's a good deal! image
    "If it's not fun, it's not worth it." - KeyMan64
    Looking for Top Pop Mercury Dime Varieties & High Grade Mercury Dime Toners. :smile:
  • coindeucecoindeuce Posts: 13,496 ✭✭✭✭✭
    " Economy Service is for coins under $300 and Regular Service for coins under $1000 but which service do you use for a coin that can be worth $850 at one grade higher?"

    Don't know where you got the idea that the value cap per coin for Regular service is $1,000. It is currently $3,000. Even so, if you send 20 coins on Economy tier that have a potential for exceeding the Economy value cap by $550 per coin, you can expect to get dinged for the upcharge to Regular tier fees if a high percentage of the coins grade at the $850 market value level.

    "Everything is on its way to somewhere. Everything." - George Malley, Phenomenon
    http://www.american-legacy-coins.com

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