paying for certification

Discussion in 'Bullion Investing' started by waffles, Nov 25, 2009.

  1. waffles

    waffles Junior Member

    Whats the smartest and probably cheapest way to get your coins delivered after the process of having them certified?Put a minimal value on the coins so as to when they buy insurance and have it sent register mail or ups two day delivery?The shipping cost to and fro are eating into the value of any benefits.:rolling:
     
  2. Avatar

    Guest User Guest



    to hide this ad.
  3. illini420

    illini420 1909 Collector

    Well you can control the cost of shipping to the grading service by shipping regular first class or flat rate priority (instead of registered) and just not insuring. you can also reduce the cost of insurance on the way back to you by lowballing the values somewhat, but unless you're submitting a large number of coins, that wouldn't make much difference. Plus, the value you declare determines which price tier for grading fees and the grading services will not tolerate it if you really lowball the values to try to save on grading fees.

    That said, I wouldn't skimp on shipping/insurance and would declare the full value (price I paid cause that's all the postal service will generally pay w/o a big fight).

    Either build the cost of grading/shipping/insurance into the price you're willing to pay for your coins (or tack it on to the price when selling) or maybe look into getting a FedEx account and private insurance if you do enough volume to justify those expenses.
     
  4. bhp3rd

    bhp3rd Die varieties, Gems

    If you are that close on the value after shipping

    If you are that close on the value after shipping you probably don't need them graded???
    The only way to ship valuble coins is regestered and insured. Like anything else in life you got to pay to play.
    If you lose a valuble coin in the mail the only way to collect the right amount of insurance, (and even then it's a pain) is to have insured it properly with documentation.
    If a coin is valued under $300 it does not need to be certified at all IMO.
     
  5. waffles

    waffles Junior Member

    How much longer do you think we can borrow from China for our wars and remain on our own two feet?Pay for play?
     
  6. waffles

    waffles Junior Member

    War is good for gold

    Did anyone when the wars were starting up,see the sense for investing in gold?And are the coin collections riding as high as before the wars?(among americans)
     
  7. waffles

    waffles Junior Member

    Pay to play?Oughtn't you mean pay to see them?
     
  8. bhp3rd

    bhp3rd Die varieties, Gems

    What in the world are you talking about - the thread was about

    What in the world are you talking about - the thread was about the cost of sending coins to be graded and shipping expences.
    It's not nice or mature to corrupt threads with crap.
     
Draft saved Draft deleted

Share This Page