another reason I use NGC

friend of mine was sending in something to PCGS, he has an account and I thought I would through in 2 coins of mine. I forgot what a PITA PCGS was. They only give you a couple of forms to start and even though there are enough lines for 20 seperate coins if you have a different grading service need you have to use a whole seperate form. Had one modern proof and one crossover, had to scramble to find another form. Then, what's with the $8 handling fee on top of the service charges? Then I have to hunt down the number they use to identify the coin? Just an observation had to vent, the times i have used NGC it was a much simpler and smoother process. Plus with everything the bill for my two coins was about $90 even for the longer 30 day service. That's $45 added to my cost on each coin!

 

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My 2 cents

20+ year ago I join coin club. the president was at that time a local coin shop owner. I use him to submit coins it save on due and Fees.
Now today I have cut my fee for submission to $29.00 for Pcgs & $25.00 for Ngc.
but if I have a coin I don't know it back ground I save up 10 and send them to Anacs.there always a 10 for $10.00 offer

 

Photocopy one.

True, that's just pure greed.

Actually you don't have to. They will slab it even if you don't have the number.

 

Didnt happen to have a photocopier at home and I had already filled in the first line for the first coin anyway when I realized I had to use another form. I bet if you don't have that number they will throw it on the end of the pile, wasn't that hard to get it in itself, but it just added up to being a pain. When I used NGC everything was online and it printed out an invoice and return invoice. Maybe PCGS has that option too I don't know I am not a member.

 

I feel that none of the grading services are perfect, and that NGC should really not be the 2nd most popular grading service, as they make allowances on rare coins, such as allowing cleaning on an MS grade, grading coins with marks visible to the naked eye as "MS-70", bumping from AU-58 to an MS grade, and certifying obviously cleaned AU coins as "MS-62s". I have seen several instances of this particular scenario, and I haven't even collected for 2 years yet! What is disappointing is that the dealers who sell these coins don't notice it. I understand that some feel otherwise, but I think that you should always be wary of the fact that the label sometimes lies.

 

It seems that all services do that.

 

Print the form online.

 

Yep - seen the same type thing. This is why you learn so you can weed out those coins and pick some of the nicer ones.

 

I submitted some coins to PCGS last month. I used the online form. It wasn't a hassle at all.

 

Uhhhh, the $8.00 handling fee is there to hopefully prevent folks from sending in a single coin at a time since one single coin, such as your submission, requires the same amount of storage and logistical support as 20 coins.

Initially, PCGS had set this "handling fee" for submissions that were less than 5 coins. Eventually, they made it mandatoryfor ALL submissions regardless of size.

Greed? I don't think so but then I have no idea how many 1 and 2 coin submissions they receive on an annual basis.

Folks seem to forget that PCGS was originally formed for "dealers" and ONLY "dealers" which meant you had to be an Authorized PCGS Coin Dealer before you could submit coins for grading.

It wasn't until 2001 or 2002 when the Collectors Club was developed before coin collectors could submit their own coins without having to go through a "dealer".

BTW, for the quarterly Free Submissions for Colectors Club Members, that "handling fee" USED to be waived. However, since DW took over the helm, LOTS of things have changed which require us small timers to dig a little bit deeper into our pockets for grading fee's. They DO have Stock Holders they are responsible for so I guess if someone wanted to play the "greed card", it should be played on the Stock Holders and not necessarily PCGS.

 

funny how a two year old thread can pop up again out of nowhere with more posts than when it died.

 

I get a kick out of folks that limit themselves to just one service. I find NGC, PCGS and even ANACS to be useful.
For me it's all about what I plan to do with the coin and when I plan to sell it. Each service has it's place.

 

The money to pay their $100,000 salaries has to come from someplace.

 

I would get a kick out of that too, but I am not sure what it has to do with this thread, my post from two years ago was comparing my experience with the PCGS submission process to my experience with NGC and I don't see anyone else in here saying they only use one grading service.

 

Read the title of the thread and what you posted in the thread. There have been several other threads on this topic and yes, there are several here that limit themselves to just one service.

 

I re read it before my last post, nowhere does it say I am limiting myself to one service. And no one in this thread said they limit themselves to one service. The whole point was me talking about using PCGS and my experience. Obviously if I was talking about how I use PCGS and NGC and comparing the submission process I am by definition not limiting myself to one service. The title wasn't "why I ONLY use NGC". If you saw a post that said why I eat at McDonalds would you assume I don't eat anything but McDonalds?

 

Sorry you can't understand what I posted.
I actually don't care if you understand.
Find someone else to argue with.

 

Really? I was just about to post that exact same thing. There was no argument, just you posting something that wasn't true that a reasonable person couldn't remotely read into a conversation. I was questioning how one could just make things up like that. Didn't mean to get your fur all ruffled. I am sure you just made a baseless assumption because you read too fast or something, it's OK I ain't mad at ya or nothin'. Just trying to straighten it out before a PCGS zealot comes here calling me a PCGS hater and the whole thread goes off the track with the NGC lovers feeling they have to come in and make their case. Too many threads like that. If it makes you feel better I will elaborate. Perhaps it was my fault for not being more clear. I was merely comparing and contrasting my experiences with submitting coins to the two largest TPGs my most recent experience at that time was with PCGS and I found it more difficult than NGC. That's it. Even though I never said I would ONLY use NGC my preference is strong for them, I like the way the slabs look, I already have more NGC than anything else so it goes better with the rest of the collection, I like their submission process better and I am already in the collector's society and the registry. That being said in the two long years since I started this thread I have sent several coins to both NGC and PCGS, about 2 to 1. If I am sending it in because I am probably going to flip it I go PCGS because I think I will get more money for the same grade. If it is to go with the rest of my collection then I go NGC. Hope that helps have a great day!

 

That was the point I wanted you to understand and I posted the following.

You took my post as if it were pointed at just you when it was not. It was pointed at several here and several threads.
What I posted was reasonable and true. Your last post was insulting and you should edit it. I never insulted you in any way.

I'm finished with you and your lack of understanding of what's being said.

 

That isn't what you started with, and what I responded to. You started with the statement that you get a kick out of people that restrict themselves to one grading service. Which I pointed out that I get a kick out of that too but that it wasn't a relevant observation as no one in this thread ever said they restrict themselves to one service, then you responded that I should read what I posted and the title to the thread. Clearly you were indicating that I said I was restricting myself to one grading service. It wasn't until you probably realized that you made a wrong assumption that you threw in others in other threads. Otherwise you wouldn't have told me to go back and read what I posted. Nice try. No, you weren't insulting, you just said I was incapable of understanding your posts and incapable of reading what I wrote myself, nothing insulting about that. Sorry you took offense to my last post, but there was nothing even remotely insulting in there. It's OK just admit you were wrong and move on, it's a stupid topic to go back and forth on in a thread that should have died years ago, as someone once said go find someone else to argue with.