I have a few coins I am wanting graded. Particularly a 1916 D mercury dime and a 1932 S Washington quarter. I have never belonged to pcgs or ngc before. Thinking of joining NGC and want to know what the process is for submission once you join.
Instead of "joining" NGC you can consider joining the ANA, which allows you to do direct submission to NGC without haveing an NGC membership
See pretty noob still. I will look into this as well. I didn't even realize there was an option like this.
here it is from the ngc site ANA Members Can Submit Coins Directly to NGC One of the most popular benefits of ANA membership is the opportunity to submit coins to NGC for grading. To set up a ANA Submitter account with NGC, simply print and return the application. There is no charge for an ANA Submitter account. ANA Submitters are also entitled to submit to Numismatic Conservation Services (NCS) and Paper Money Guaranty (PMG), both independent members of the Certified Collectibles Group.
There's nothing wrong with them but if you ever want to sell slabbed coins, those in NGC and PCGS holders will probably get you more.
If you ant to sell your coins, there are 2 companies to avoid, ANACS and ICG. I have had a couple of incidents that i had coins I wanted to trade and the individuals (both very well know dealers) refused either one. I sent the ANACS to NGC and it came back 1 grade less. As for ICG - I won't repeat the remarks one of the individuals made to me but he explained to me that ICG stands for I CAN'T Grade.
Interesting analogies. If I like what I see and the price is right I figure that makes me a pretty good grader. Thanks for the post, good luck.
I just wonder about the affect you might have if you (or me) try to sell a coin in the ICG slab, or even SEGS or ANACS? I know everyone kind of bows down to NGC or PCGS because they are well known. You mentioned you sent coin to ANACS and it came back a grade lower. Any reason why? Just thinking out loud.
Not sure of the reasoning and they will not elaborate. I have been told if you want an easy grade send it to ANACS or ICG. Based on my experience buying and selling I avoid BOTH of them. IMHO NGC is the most conservative of the TPG's followed by PCGS.
I don't own a single slab that isn't pcgs or ngc yet. For this reason only. I'm not buying these things so I can die with a hoard...
Most of us are aware that ANACS/ICG are generally more lenient and often look away when grading lightly cleaned coins. However they are still experts and I am positive both services are able to grade Washington quarters or Mercury dimes according to their standards ;-)
I bought a MMIX Ultra High Relief Gold Coin some years back that had been graded by PCGS. It was rated MS68. I think I mentioned it in an earlier thread. I contacted PCGS to find out specifically why it was graded as MS68. It's not like a Details grade. It's just not up to their standards for MS69 or MS70. Do they keep any records on a coin as to why a certain grade was given. It was almost like "It is what it is, and you had better accept it as such. On the earlier thread, it was recommended that I crack the d**** thing. These grading "services" sit on a higher throne and are not answerable to we collectors. Since then, I have not submitted anything to be graded, nor will I ever. I'm not one of their ***, whatever they call us, and I don't need them. They need us. It's like a tail wagging the dog. I have bought some graded coins in the past, but, like I said, I only buy it because I like it, and not because it has been graded by whatever source it was. What did collectors do before grading services were established? They studied and worked with other collectors to learn how to see a coin, or currency, or comics, or baseball cards. By the way, I have been a member of ANA since 2009, mostly for information and the magazine. Sorry for my gripe. This site is a must for collectors to learn and grow. Thanks to all of you for your patience and courage to stand up to those the don't understand we collectors.
Thursday there was an MS 66+ SLQ in an ICG slab in the biweekly Silver City auction that would probably grade at least MS 66 at either NGC or PCGS. It sold for similar recent auction prices for NGC or PCGS slabs at similar grades. The bottom line is that better coins will sell well in most holders as the buyers willing to shell out bigger bucks will bid on the coin in the slab, not the TPG. That's usually not the case for common low to mid range coins. Sometimes a knowledgeable buyer can find a bargain in an ANACS or ICG slab.