Anybody use NGC on site grading at a show? I see they're going to be at the ANA World's Fair and will be doing on site grading. I'll probably give them a call. But I thought I'd see if anybody has used them and how it went? How long did it take and what was the fee?
I haven't had the opportunity to use the onsite grading, yet, because I've never had the need for the quick turnaround. However, NGC started their "Morgan & Peace Dollar Special" earlier this year at the CSNS Show, and apparently it has been successful enough that they have continued the special at every show they have attended. I hope it will continue until FUN 2012 because I will definitely take advantage of it. For $30 per coin, you can submit any Morgan or Peace dollar and get it back the next day. Someone correct me if I'm wrong, but I think the onsite grading fee for any other coin is $100, so it is definitely worth it. Chris
Yeah, last years fair in boston was $100 for the same day grading. $30 for a next day morgan grade is a great deal! Lots of morgans being bought and sold at the shows. You can always submit your coins at the fair and save a little on shipping fees.
$100 to grade one coin on site. Wow that is steep. But I guess if you had one coin you really wanted graded or re-graded, it'd be worth it. I suppose if they made it too cheap, they'd be swamped and the good stuff wouldn't have a chance to be seen.
Onsite grading is not for the faint of heart. But the drop off at the show and have them take it home and send it to you is for the smart in the wallet crowd.
I agree. I do this all the time but have never done the expensive show-turnaround. One-day show grading is used mostly by impatient collectors too free with their money, or dealers who want to do a quick flip. A grade or color bump in some series can be huge and more than make-up for a fat grading fee. Lance.
I used the services at a Long Beach California show a few years back for some foreign coins. It cost me a little more because I also used NCS to conserve the coins. That being said the conservation job they did was really good. That alone made it worth the cost. They didn't charge me right at the show. They got my credit card info and once all the services were performed they charged me then. I'm not sure if that is how it's still being done.
Not really! I think it is the same for PCGS. You have to realize that they are required to have grading and QC staff available and the encapsulation equipment plus the tech staff to compete the operation. These employees would not need to be present otherwise. Chris
This is what I've been doing for the last several years at the FUN Show using my renewal gift certificate for 5 free gradings. It does save you the shipping & insurance both ways (as opposed to mailing in the submission), but I think I'm going to give the "Morgan Special" a try in January as well if they have the special at FUN 2012. Chris
That depends on the value of the coin. If the coin is worth $5000 then $100 is nothing. Also, say you have a raw coin that you paid $1000 for. If you can get that coin slabbed and then sell it the same day for $2000, is it not worth $100 to be able to do that ? I'd do it a hundred times a day if I could. These are the kinds of coins that you submit under 1 day service. Also, you don't have to go to a show to do this. You can do it any time you want. The normal Same Day grading fee is $125. But turn-around is 48 hrs. For 24 hr turn-around you pay $250. And you can do this any time.
I got one graded at the show. It was pretty easy. They'll let you fill out the paperwork you need right there. It wasn't much. They'll help you. I didn't get it back the same day though. It did only cost $60 but I had to pick it up the next day. I think you're a member after you fill out the paperwork. If you have an ANA# it might be a little easier.
Thanks for the reply.If I may ask another question. I have a 1oz Australia silver tiger. Do I pay $30 for Silver Dollar Tier or $65 for Value Walkthrough.thanks
I think the $30 Silver dollar special is just for Morgan and Peace dollars. If that is correct then you would have to do the $65 value walkthrough.
I totally agree. I wish they would set up at more shows - smaller shows - to accept "drop off, take back to HQ" grading. Saves much trouble, expense, and time. ANACS is pretty aggressive. They setup at almost every small show I go to. They don't grade on-site; they accept submissions and take 'em back to HQ. NGC and PCGS should do the same.
Sounds good but I think they have to get a certain number of submissions to offset the expense and most of the smaller shows are not going to get the needed submissions to justify it.
