Grading Rolls of coins

Discussion in 'Coin Chat' started by EastCoast, Jun 21, 2013.

  1. EastCoast

    EastCoast New Member

    Hi. I am new to collecting rolls of coins and I have never had any coins graded, ever. Just wondering if it would be worth it to send a mint roll of coins (2011 legendary nature colored) to get graded? how much would it cost to get a roll of quarters graded? and what do coins from fresh rolls of quarters usually grade? Any help would be greatly appreciated. thanks!
     
  2. Avatar

    Guest User Guest



    to hide this ad.
  3. wkw427

    wkw427 Member

    You always pay per coin for a grading. NGC charges around $30 per coin.. So if you are fine with sending in a roll of quarters (40, $1200 in fees).. it would be nothing sh ort of a bad idea.

    Only send in coins that you have noticed are noteworthy. Otherwise you are wasting your money and getting lower graded coins back
     
  4. EastCoast

    EastCoast New Member

  5. 19Lyds

    19Lyds Member of the United States of Confusion

    PCGS offers a bulk submission method but the minimum is 100 coins which would end up at $10 per coin minimum.Typically, a bulk submission requires a minimum acceptable grade since, well, you're supposed to know what your doing. If greater than 60% of the coin meet the minimum grade, then the other 40% are no charged. if less than 60% of the coins don't meet minimum, you get popped for $5.00 per coin. The graded coins are priced on a scale relative to their retail values beginning at $12.00.

    In the past, I've paid as little as $10 per coin up to as much as $40 for a higher grade coin.

    Basically, one should be prepared with at least $1,000 for a 100 coin submission which is the minimum number.

    I have no idea what NGC's bulk submission requirements might be.

    Oh yeah, the coins need to be submitted in coin tubes or paper rolls.
     
Draft saved Draft deleted

Share This Page