Can anyone tell me or share any link(s) on how someone can tell by reading a PCGS / NGC label if that particular coin was bulk graded? I've searched but can't find any info. All I've found is info about upgraded labels (different designs, anniversaries, 1st releases, etc.) and how to interpret the labels but nothing about if it was submitted for bulk grading. Thanks for any help.
That is so simple. Lets say you coin is numbered 1234567-035.. look it up on the NGC Coin verify page and then do the same for previous or following numbers such as 034, 033, 032 and 036, 037, 038. If they are the same coin then they were bulk graded! Also look at 001 https://www.ngccoin.com/certlookup/ and http://www.pcgs.com/pcgsnolookup/
One possibility would be to check the "Cert Look-up". For example, NGC uses the last three digits (-xxx) to represent the coin. If you check all of the other cert. #'s ending in -001 through -999 and they are all the same date/mintmark, it is a pretty good bet that they were all part of a bulk submission. My only question to you would be, "What difference does it make?" Chris
Well, almost! When I was submitting business strikes from Mint bags for the higher grades, I always submitted 50 or more coins at a time. I'm not a dealer, so these were regular submissions. The range for a bulk submission could be anywhere between -001 and -999. Chris
Easy enough. Thanks everyone! None really. Someone had mentioned it in another thread of mine and with me being new to graded coins I was just curious. https://www.cointalk.com/threads/pf70-with-a-nick.283850/
I just wanted to be sure that the OP knew that it could go as high as 999. You didn't mention that. Also, there is no guarantee that 50, 100, 200 or so coins were bulk graded just because of the cert. #'s. Like I said, I wasn't a dealer, and I knew other members of the Collectors Society who weren't dealers either, and they submitted far more than me. Chris
And after 999 they just start a new series.. so after 1234567-999 comes 1234568-001. I have examples of this.
FWIW, bulk submissions do not necessarily have to be the same date/mintmark. I've submitted 120 Jefferson Nickels of various dates from 1938-1997 under a bulk submission.
It's very possible that NGC changed its policy. I haven't submitted to them for several years. I looked through their submission policies, but I couldn't find anything about it. Chris
That's my understanding. I wish I could afford to submit 1,000+ coins. I'd buy all those damn gold SLQ's, submit them and then store them away in a vault for 50 years. Chris
When I read the OP's question I though he was talking about slabs like these - - where there is no numerical grade assigned to the coin. Sometimes people refer to coins like as having been bulk graded. NGC and all the other TPGs do similar things. And what is being discussed in the other thread linked sounds kind of like what I pictured above. But what those responding to the OP in this thread are talking about is completely different. I may be mistaken but I thought you get bulk grading prices on any mix and match of coins - all you have to do is submit enough coins in one submission. Of course that mix and match does have to fall under the same grading tier in order to qualify for bulk grading prices. So Aquaholic - what exactly are asking about ? Bulk grading pricing, or bulk grading grades ? (Perhaps more correctly referred to as generic grades.) And I'm asking because even if a coin was submitted under bulk grading pricing what possible difference could it make ? I mean whatever numerical grade is assigned is the grade assigned. It wouldn't make any difference if the coin was sent in as 1 of a 1000 or all by itself - it would still be assigned the same grade. Or is that what you're getting at, that coins submitted under bulk grading prices are somehow graded more leniently (given higher grades) than coins submitted under regular grading tiers ? If that is what you're getting at - it's a myth. The only benefit to submitting under bulk grading is the break you get on pricing.
