My experiences indicate that if you submit just before/during/just after a major show ordinary submissions take a LOT longer. Show dealers pay extra for a LOT of short time submissions. The PCGS and NGC tables at a major show have people lined up 5-10 deep waiting to submit. Many are one-day turn arounds. If you pay attention you'll hear the last call announcement for FedEx, UPS, etc. pickups.
I doubt very many collectors would qualify as a PCGS grader. [/quote] As far as having a broad expertise on numismatics.....I agree. Regarding AGE`s and ASE`s......anybody with semi functioning eyes can grade bullion better than PCGS and NGC. There`s too many MS69 slabs out there with obvious issues that the naked eye can see.....which basically says that they were either not looked at on the line or Stevie Wonder is moonlighting as a grader for them.
....... or that their grading standards are too lenient. That's one thing that a lot of people don't get, don't understand. A TPG will grade a coin based on their standards and how they interpret those standards. Not on how you, or anybody else interprets them. Even the graders do not get to use or voice their own opinions on a grade. They must grade as the TPG tells them to grade.
I can't remember where I heard it, but the graders view on average 1K coins per day. That's roughly 1 every half a minute. You can see why some coins are possibly under or over graded.
Ehhh - maybe. If you know what you are doing you can accurately grade a coin in about 6 seconds or less. It takes more time to enter the data than it does to grade a coin.
Most of the time they don't use a loupe. On the occasion they do, it's a 3x to maybe a 5x. And a bit more time is spent on the older keys and semi-keys, particularly on something like a 1922 No D Lincoln.