PCGS Submission Procedural Question

emzee

I plan on submitting several AGEs in PCGS ms69 holders for possible upgrade via PCGS modern service. Some of the coins are one ounce coins, hence clearly worth more than the $1000 max coin value for modern service. Can I also submit one ounce AGEs for modern regrade, assuming I am OK with $1000 insured value?

Thnx in advance.

BStrauss3

If you undervalue the coin, that is the maximum you can recover if it is lost or damaged in PCGS' possession or during return shipping.

As to what value to use, you are sending them in to upgrade, so you clearly value them as MS70s. Factor that in,

They may also contact you and ask you to pay for the appropriate tier service. Or simply return it - charging you the shipping.

While rare, coins are damaged or lost - it's a matter of your personal tolerance for the risk.

illini420

The one ounce coins are worth more than $1000 no matter how you try to spin it... it is likely that PCGS will not allow these to be submitted in a $1000 or less value tier and they shouldn't allow it. I think you'll have to submit these at a higher value tier (meaning a separate order form) and put down the real value of the coins. If you just submit them at the cheap level, there's a good shot you'll get a call from them asking you to pay the full fare.

If you are not willing to submit them separately and pay the proper fees, you could attempt to contact PCGS and get permission to pay the lower rate (or some other negotiated rate). Depending on how many coins you're talking about, and considering the value of the coins isn't that far about $1000/coin, you never know if they'll go for it until you ask. Good luck.