Minimizing grading fees, how do you do it?

Discussion in 'Coin Chat' started by Owle, Apr 1, 2012.

  1. Owle

    Owle Junior Member

    With both PCGS and NGC running around $25 for their "regular" and "early bird" services respectively and $15 or so for their economy services (five coin minimum) which option do you use? The problem with the latter is the wait, over two months at times, with no guarantee! I suppose you could understate the value of a coin, run it on the economy and hope they don't notice.

    Some submitters use gold rush for the right type of gold coins and a five coins minimum. Others can get rolls of coins graded at minimum levels, but then you pay by the coin if they do not meet your minimum levels. A last option is to let the auction companies get the coins graded at their discount levels and if it does not sell at your reserve you get the coins back.
     
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  3. Objective

    Objective Junior Member

    How to minimize the grading fees, choosing the least expensive service possible!!!

    If that is still too expensive, there are other companies that offer even cheaper fees!!!

    There is a service out there for everyone, it's just a matter of how much you want to pay.
     
  4. CamaroDMD

    CamaroDMD [Insert Clever Title]

    But remember, you get what you pay for. Not all services are equal.

    That said, often times you can submit through a local dealer. They submit their coins in a lot and sometimes you can save on the fees a little. This will at least save on shipping fees.
     
  5. Objective

    Objective Junior Member

    True. Remember that if your local dealer is further away than your post office, you will incur an additional fuel expense. If you had to make an additional trip to the dealer to pick up the coins, this would be another added expense.
     
  6. Owle

    Owle Junior Member

    I knew of no coin dealer in Connecticut that offered to get coins submitted for grading for you, so I first went through the ANA then Collector club, etc.. It is still sometimes a hard choice which grading service to submit the coins to and what level.
     
  7. Conder101

    Conder101 Numismatist

    Buy your coins already slabbed so you don't have to pay grading fees. Especially since slabbed supposedly don't sell for that much more than accurately graded raw coins. (Did I actually say that??)

    Let's try again.

    Buy raw coins and enjoy them for what they are. Then there are no slabbing fees.
     
  8. Owle

    Owle Junior Member

    Last option is to let Teletrade or Great Collections get the coins graded after you have enjoyed them. This way, you get to own them for a while, then others get to enjoy the images and bid on them. A win-win option.
     
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