Absolutely AMAZING thing PCGS is doing at the FUN show

jbsteven · January 6, 2004 2:34AM

You want your coin back ASAP from grading?

$200 EACH!

I find this insulting. where does the greed stop?

Placid · January 6, 2004 2:35AM

I will pay $300

Where did you get that info?

SeattleSlammer · January 6, 2004 2:36AM

Does that price include a nice steak and bottle of wine?

kranky · January 6, 2004 2:37AM

I don't follow - is this some new fee? Didn't they always charge a lot for walkthroughs?

jbsteven · January 6, 2004 2:37AM

this is confirmed by someone that is at the show now. I will be there on Wednesday morning.

dorkkarl · January 6, 2004 2:38AM

how do you know it's greed?

K S

jbsteven · January 6, 2004 2:38AM

kranky

$100 per coin is the normal walkthrough price. $65 for 5 or more coins under $1500 in value.

Dennis88 · January 6, 2004 2:38AM

That's more than I've ever paid for a coin!!!!!!!!

Dennis

Placid · January 6, 2004 2:39AM

I guess they won't be getting many state quarters done asap.

ms70 · January 6, 2004 2:46AM

This won't be good for the P.R. department.

coinlieutenant · January 6, 2004 2:48AM

Be careful Jb,

Dont want to see you get the boot...

V.r,
John

FrattLaw · January 6, 2004 2:48AM

Ah, the smell of coffee.

Michael

Russ · January 6, 2004 2:50AM

Is this replacing the $100 walk-thru, or a new tier? If it's a new tier and the $100 walk-thru is still available, I don't see what the complaint is. Nobody is forcing you to pay it.

Russ, NCNE

Neptune · January 6, 2004 2:50AM

sounds like greed to me - I thought the $100 was a bit much. A show is supposed to be a FUN thing, rite? You'd think they would have a show special vs. jacking up price. Yes, that probably does include a steak dinner and bottle of wine ......... for THEM. IMHO

ScarsdaleCoin · January 6, 2004 2:55AM

Just like ebay, pcgs changed pricing structure recently.....

LAWMAN · January 6, 2004 2:57AM

In the immortal words of Gordon Gecko: "Greed is good!" Agree with Russ: nobody is holding a gun to your head, there's lots of cheaper grading services. If I owned the numero uno grading service and people had hot pants to get their coins done right there, I'd charge whatever they'd pay.

Russ · January 6, 2004 2:58AM

Yeah, I guess all the crackout artists grabbing coins at the show and whipping out the hammer on the back table will need to make damned sure they ripped a good one.

Russ, NCNE

tradedollarnut · January 6, 2004 2:59AM

$100 service has been taking almost a full day to a day and a half at shows. On a $25-50k coin, what's another $100 to get it back in an hour instead? Seems like a very smart price model to me. Don't like it? Then don't pay it......

Clankeye · January 6, 2004 2:59AM

<< Nobody is forcing you to pay it. >>

Russ--

I got this email from PCGS this morning:

<<Dear Mr. Clankeye, you will be flown to Florida, Wed Jan 7th and forced at gun point to submit five coins in our new $200 walk through service. Please dress appropriately.>>

I'm peeved.

Clankeye

MSherman · January 6, 2004 3:09AM

Just to clarify, the $200 service is an additional option for those who need their coin(s) back REALLY fast. As tradedollarnut noted, our show volume has increased tremendously over the past year and a half, and this super-rush service supplements (but does not replace) our current show services.

Bochiman · January 6, 2004 3:09AM

Business 101...charge what the market will bear.
Supply and demand.

If you want your coin turned around asap, then what is it worth to you? Obviously, PCGS feels it is worth $200 or more to many people...or, they don't have the resources to get the $100 walk throughs done so they move it up..

So, now, people will b itch about the prices instead of the turn around times, right?

Hehh....glad I don't fit the bill.

jbsteven · January 6, 2004 3:23AM

Mr. sherman

I own my own business and can appreciate charging fees for different services. Where did the double the normal $100 fee come from? I guess I have sticker shock. For the record I would not spend $200 to have a coin graded at a show. I have paid $100 quite a few times and have always thought $100 was too high.

NGC gets my show grading money about 90% of the time because of the high fee PCGS charges. NGC also finds a way to get the coins graded QUICKLY and at $55 a coin.

RYK · January 6, 2004 3:24AM

At what price can the customer assign the grade????

LUCKOFTHEIRISH · January 6, 2004 3:28AM

I have 100,000 coins can they get it done within the hour???

Russ · January 6, 2004 3:29AM

<< Where did the double the normal $100 fee come from? >>

<< Just to clarify, the $200 service is an additional option for those who need their coin(s) back REALLY fast. As tradedollarnut noted, our show volume has increased tremendously over the past year and a half, and this super-rush service supplements (but does not replace) our current show services. >>

Quit whining.

Russ, NCNE

bulloncoins · January 6, 2004 3:32AM

<< Does that price include a nice steak and bottle of wine? >>

Or at least a kiss?

jbsteven · January 6, 2004 3:36AM

<< Quit whining. >>

EXCUSE ME RUSS?

jbsteven · January 6, 2004 3:39AM

Where is the middle finger icon so I can shoot it at Russ? anyone?

Russ · January 6, 2004 3:41AM

<< << Quit whining. >>

EXCUSE ME RUSS? >>

<< whine
v. whined, whin·ing, whines
v. intr.
To utter a plaintive, high-pitched, protracted sound, as in pain, fear, supplication, or complaint.
To complain or protest in a childish fashion.
To produce a sustained noise of relatively high pitch: jet engines whining.

v. tr.
To utter with a whine.

n.
The act of whining.
A whining sound.
A complaint uttered in a plaintive tone. >>

Russ, NCNE

EVillageProwler · January 6, 2004 3:47AM

I don't understand what all the bruhaha is. The $200 show service is, after all, a whole new tier. Now, what I am concerned with is the impact this will have on the lesser tiers. I.e., will this new tier slow down the $100 tier?

EVP

Myqqy · January 6, 2004 3:50AM

Does anybody have an estimate of how long it takes to grade a coin with the $200 grading fee? I'm just curious to what that breaks down to per hour- that might top what lawyers charge!

jbsteven · January 6, 2004 3:50AM

<< will this new tier slow down the $100 tier >>

I bet it will. IMO

Hey Russ? Is this whinning?

Striker · January 6, 2004 3:56AM

I usually stick with raw coins so that price won't have any outcomes with me but it makes me wonder how many coins will be turned in at the $200 rate and come back with the plastic being worth more than the coin.

Placid · January 6, 2004 4:00AM

Maybe the people who paid $100 before have too much money and $200 won't make any difference to 90% of them and if pcgs gets swamped at the $200 level then these people will get mad if their coins are not done the same day.

razorface1027 · January 6, 2004 4:00AM

At what price can the customer assign the grade????

Eureeka RYK eureeka!

Russ · January 6, 2004 4:05AM

Russ, NCNE

stman · January 6, 2004 4:10AM

I guess the dealers dipping coins in the restrooms will need to "Cut the dip" more with tap water to make up for the increased fees. I hear jewel luster is going up as well.

jbsteven · January 6, 2004 4:11AM

come on Russ, you can do better than that <<<<insert middlefinger here>>>>

Russ · January 6, 2004 4:16AM

Jason,

Actually, I'm deeply sympathetic to your plight. The same way I'm sypathetic to the plight of million dollar a year baseball players when they are forced by those nasty owners to go out on strike.

Russ, NCNE

SportsModerator2 · January 6, 2004 4:21AM

Play nice, both of you.

Tonekiller · January 6, 2004 4:21AM

<< Jason,

Actually, I'm deeply sympathetic to your plight. The same way I'm sypathetic to the plight of million dollar a year baseball players when they are forced by those nasty owners to go out on strike.

Russ, NCNE >>

BWAAAAAAAAAAAA!

Its all part of the game!

TBT

mgoodm3 · January 6, 2004 4:21AM

I am content to wait for regular service. What's the rush?

jbsteven · January 6, 2004 4:22AM

let me quote my own post above smartypants

<< For the record I would not spend $200 to have a coin graded at a show >>

it really is no skin off my back with PCGS charging $200 a coin for quick service since I barely use them for even the $100 service.

so I guess the joke is on you for not reading closely.

Russ · January 6, 2004 4:25AM

<< it really is no skin off my back with PCGS charging $200 a coin for quick service >>

And clearly, this thread demonstrates that.

Russ, NCNE

jbsteven · January 6, 2004 4:30AM

come on and finish my quote or are you trying to make a point by taking words out of context?

here is the rest of my sentence which concludes my point you keep missing:

<< since I barely use them for even the $100 service >>

RYK · January 6, 2004 4:32AM

And how much for the service tier whereby they give you the grade before you submit the coin?

Russ · January 6, 2004 4:34AM

<< come on and finish my quote or are you trying to make a point by taking words out of context? >>

If I quoted everything you've said in this thread, including:

<< I find this insulting. where does the greed stop? >>

Does that make this any more credible?

<< it really is no skin off my back >>

Russ, NCNE

jbsteven · January 6, 2004 4:36AM

Russ

you win. I give up.

coinlieutenant · January 6, 2004 4:36AM

Alright Jb and Russ....

Dont make me pull this forum over...

jim · January 6, 2004 4:39AM

You guys are brutal! It is my opinion anyone who pays a 100 bucks to have a coin graded should have their head examined. It's outta hand.

Nothing personal people, just my opinion....

wingedliberty · January 6, 2004 5:31AM

Its threads like this that make me thank God that I use economy.

Absolutely AMAZING thing PCGS is doing at the FUN show

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