Is it ok that I sent to PCGS with signature required?

You'll have no issues whatsoever.

You're familiar with lawyers, right? (j/k, obviously you are ) When you see ridiculous requirements for packaging, shipping, or any other 'over the top' process for you to follow, just think back to lawyers and insurance companies. All they're doing is protecting themselves from the isolated instance where someone just flippantly throws their coin into a box or envelope and sends it off only to receive a grade lower than they anticipated due to scratches that weren't there before they sent it in. Then the TPG can say, you didn't follow the explicit packaging and shipping directions we asked you to follow for your protection.

Again, you'll be fine Blake.

 

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Thanks . I guess I’m just nervous because it’s my first submission and I’ve never seen anyone send coins in before.

I may have gone a bit overboard trying to meet every little requirement.

I spent like 20 minutes cutting white stickers to the proper size so they’d fit on the 2.5 x 2.5 Mylar flip.

I only had small flips so I had to go buy the big 2.5 x 2.5 Mylar flips too. Large enough to fit a Morgan dollar that’s already in a capsule). A Morgan Dollar itself is already a large coin even one not in a capsule so I had never needed such a huge flip and so I didn’t have any.

The whole process took me like an hour because I didn’t have a lot of stuff they required.

I had air pockets but the form says bubble wrap so I ended up going and buying bubble wrap even though the air pocket things probably would’ve protected them just as well as bubble wrap.

Then I had to rubber band the coins of the same mint mark together in flips with the coins in the capsules in the flips.

Well…I didn’t have enough rubber bands (I think I had like 1 I found in the junk drawer) so I ended up spending like $6 on a bag of rubber bands.

It was such a hassle for me to do 18 coins. I think that’s why I might be so nervous.

I can’t fathom having to do a bulk submission of like 300 coins.

I know it’s weird but I’m not even thinking about the coin grades but just that they make it through and are actually graded.

Hopefully I get a few 70s. Based on population report it looks like out of 2,000 submissions only 74 didn’t get MS70.

The odds look good.

 

You didn't send them registered?

 

He bought only 18, not 80. Seriously though registered is safest but I only use that for more expensive coins. Also, no need to put the capsule in a flip. I used to just print off in small font then tape on the capsule itself.

 

You can honestly skip that part. It speeds up the entering of it a little bit but if you skip that it doesn't make much difference on your end.

2x2 are fine, large dollars you usually want the 2.5x2.5 saflips. If it was in a capsule you can just do that.

I'm assuming you mean the new morgans in which case for moderns you could have just saved all the time and sent them in the mint packaging.

That would have been fine. The bubble wrap and all that stuff is just whatever your comfort level is. The one real no no no where they will send it back is flips that are stapled. They won't touch staples, other than that youre pretty much fine

Save them from the grocery and stuff, I have a pile of them from that and its been decades since I bought any

Bulks are different, everything has to be in tubes

I generally done, either priority or express depending on what it is. Grading takes long enough without waiting two weeks for the package to get there and they're going to send it back priority or express anyways which is just fine 99.9999 percent of the time. If I had a 6 figure coin then yea I'd probably go registered

 

I asked them via email if I could do that because it sounded ridiculous to put a capsule in a flip as if that helps at all.

I told them I didn’t have any Mylar flips large enough to fit a big Morgan Dollar in an even bigger capsule.

Then I asked them if I could just rubber and the capsules together by mint mark, slap the sticker on the front of the capsule, and wrap them in bubble wrap..

But this is the email they sent me :-/

 

Welp, in the past they said just send in capsules. Seems they’re doing the full ceremony with the above. Good luck on your 1st!!

 

It's just a cookie cutter response you always get from customer service things. I'd prefer everyone do it how you do as it's faster which could speed up my submissions lol but just send the mint packaging for moderns and save yourself the time

 

Sending the mint packaging is technically unnecessary unless you don’t care about the grades. Actually grading the coins before you send them in is the best, especially with these Morgan’s/Peace given all the well reported QC which certainly won’t produce the expected results.
Despite this, Sometimes I just send them in as I’ve gotten lazy.

 

You don't have to have a sealed mint box to send coins in mint packaging. You can look at them first. The only time you need a sealed box is if you want first strike and it's past the cutoff date and need it to proved it was shipped during that time

 

Thanks . Now I know.

Yeah that’s why I wanted to get mine in. The First Strike cutoff is November 18th and mine should get there by the 16th just in time.

I know First Strike is a gimmick thing but it does tend to help re-sale values from what I’ve seen on EBay.

PCGS Population reports say that the vast majority are getting the 70 so I’m guessing they were well struck.



If I get at least 2 of 3 of my coins being 70 I’ll do pretty well so that’s what I’m hoping for in the end.

 

For PCGS you just need it in the mail before them, it doesn't have to arrive there by then as long as it was shipped before then.

It does. There's always some added value and liquidity for it, how much varies by product.

The pops are skewed a little bit too though from submissions with the minimum grade of 70. A lot of the big submitters will have that as a grade and just get the 69s and lower back to sell raw instead of trying to sell 69s

 

Spot on. Gamer, Put this in your hat as you’ve posted now more than once that based on the number of 70’s that they’re well struck….they are not. The early 70’s are skewed as indicated by Baseball. They were 1) likely screened and picked as 70’s going in and if not they are not counted nor graded as 69’s. A raw coin on Ebay is perceived as “having a shot at 70” vs a similar sale of a known 69. Just something else to keep in mind.

 

I seriously doubt you will have any problems. When it is delivered please let us know.

 

Thanks I will let you guys know how it goes. Hopefully I get decent grades. I should’ve sent my 2021 reverse proofs in too. :/

 

I wasn’t counting the pre-screened ones.

You’re right they do cherry-pick the 70s. That’s why the population report says that all of them are 70s.



But I was talking about the normal submissions from non-dealer people who bought them from the Mint like I did.

I could’ve sworn I read somewhere when I was reading everything about submissions that it said somewhere that I was not allowed to pick MS/PF 70 as a minimum grade. Maybe they let dealers do that but idk or not.

Even so I can’t imagine not getting a few 70s out of 18 coins total.

Before I sent them in I spent about 10 minutes per coin looking through a loupe and trying to find any sort of blemish or weak strike or anything that would make the coin obviously not a 70.

To my great surprise I couldn’t find anything. Usually I can with things like ASEs (especially proofs) like with my v75 I chose not to send it in because it had a teeny tiny hairline scratch above the privy mark.

I thought I found a tiny blemish on one of the S mintmark Morgans but it was just a speck of dust.

That’s why I think they were well minted and struck well. Because I was impressed to not be able to find anything wrong.

 

You are correct that you can’t set minimum grade at 70…but you can specify not to holder the 69’s, that’s how it’s done. I imagine they, you, I would still get charged the fee for the look…but bulk grading 100 coins of same type get huge discounts on grading fees at a per coin per grade fee. At least that’s how it was years ago when I was fully into selling. If I recall, at one point I was paying $8 per plus grades depending so technically the higher the final bill the better we’re the grades. Although I know they raised the fees at some point as I noticed my bill was higher yet the grades didn’t reflect the increase. The avg Joe should nonetheless prescreen before submitting to weed out the duds. No sense sending in a dog. This of course presumes you’re within the timeframe for any special labeling if that’s what you want. I think there’s a bottleneck and the avg Joe hasn’t gotten any grades yet, unless perhaps a speedy tier was selected.

 

They raised it again last year and now the average bulk has a $2 fee for each coin that doesn't make the grade.

 

I had my box signed for at NGC. I had two boxes of them within a box. 32 in total. Not all mine.

 

I shipped my 32 off to GC along with 36 miscellaneous graded coins. I specified “express only” as they said to do. The last GC experience one was disastrous for quite a few of the boys as GC unilaterally changed the grading tier, took way way to long to go up for sale and as a result lost a few bucks.