$69.99

Discussion in 'Coin Chat' started by lordmarcovan, Aug 23, 2024.

  1. lordmarcovan

    lordmarcovan 48-year collector Moderator

    To ship… one package.

    Not even that large a package, either! 14.3 ounces.

    Registered Mail, GA to FL.

    Just to send ten coins off to NGC. Because of different tiers and services, they had to go in on five different invoices. And because of the insurance on their $13,001 total value, they cost a pretty penny to ship!

    Outbound shipping: $69.99

    Submission fees & return shipping: $796.20

    Total: $866.19

    That works out to $86.62 per coin. Yowch.

    But it’ll be worth it to me in the long run, I guess.

    There’s a bunch of big gold pieces and some fairly scarce-ish Ancients in there (one of the Ancients is also gold, and is getting NCS conservation). And they’re all getting Photovision imaging as well.
     
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  3. ToughCOINS

    ToughCOINS Dealer Member Moderator

    Lots of luck, LM . . . hope it pans out really well.
     
    rte, lordmarcovan and Inspector43 like this.
  4. KBBPLL

    KBBPLL Well-Known Member

    Is that because of the insurance or because it's registered mail? Seems like you could fit 10 coins into one of those $10 boxes, but that's priority mail.
     
  5. Spark1951

    Spark1951 Accomplishment, not Activity

    Rob,
    When you order top-tier service you the pay top-tier price. You did the right thing by going Registered, because, otherwise they could disappear with no recourse. Sure, you could launch an investigation but if the shipper determines no fault on their side you are powerless to recover…imo…Spark
     
    No_Ragrets and lordmarcovan like this.
  6. Kentucky

    Kentucky Supporter! Supporter

    Looking forward to the results.
     
    lordmarcovan likes this.
  7. green18

    green18 Unknown member Sweet on Commemorative Coins

    I know you guys are passionate about sending in coins for grading, but the 'snark' in me says take that money and go out and buy an already graded coin, of your, choice. Just me. Hope all works out to your expectations, Rob.
     
  8. SensibleSal66

    SensibleSal66 U.S Casual Collector / Error Collector

    Maybe not as fun? Some people, like me like sending out for something and the anticipation of receiving something being delivered back to the house is exhilarating!! wink.png
     
    kountryken, green18 and lordmarcovan like this.
  9. lordmarcovan

    lordmarcovan 48-year collector Moderator

    Oh, believe me, the sticker shock here reinforced that with me. You’re not wrong. Best to buy ‘em already slabbed, if you can!

    But with Ancients, that’s not so easy. The stuff you find that’s already in slabs is not only overpriced but also often of only marginal quality. With Ancients, I find it best to hand-pick ‘em (which, from European sources, usually means raw), and then send ‘em in. But it’s gotten ridiculously expensive. For starters, the basic tier price is $55 per coin, and then I’m paying imaging fees, return shipping, and a $10 handling fee per invoice. Plus the outgoing shipping.

    It’s painful, but often worth it in the long run. To me, anyway- though many Ancients collectors are slab skeptics and would heartily disagree.
     
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  10. SensibleSal66

    SensibleSal66 U.S Casual Collector / Error Collector

    That's okay as long as your happy doing it, right?
     
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  11. lordmarcovan

    lordmarcovan 48-year collector Moderator

    Yeah. I wouldn’t say I’m happy about the costs (this thread was to complain about that). But in the end, the expense and hassle and long wait will hopefully prove worthwhile.
     
  12. SensibleSal66

    SensibleSal66 U.S Casual Collector / Error Collector

    And hopefully you'll have money left over for eating out this weekend. :nailbiting:
     
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  13. imrich

    imrich Supporter! Supporter

    I've had a "gem state" (i.e. 5-6 figure Greysheet value) 1909-D $20, verified authentic by a preeminent grader, now in an "airtite", having been stored for more than a half-century.
    I would love to have the coin graded with other similar state U.S. Gold, but for a means of transfer?
    In the past I've had a registered valuable Gold coin, "got lost at sea?".
    It eventually resulted in the "early-retirement" of a frustrated Post-Master who never could determine the route of the coin, and U.S.P.S. considered it an "open-case", still unresolved!
     
    Last edited: Aug 24, 2024
  14. rte

    rte Well-Known Member

    Georgia to Florida sounds like a good excuse for a road trip.
    Short mini Vaca...
     
  15. imrich

    imrich Supporter! Supporter

    An 84 Y.O. "diminished-capacity" individual doesn't share your current enthusiasm for leaving a cherished rural estate.
     
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  16. rte

    rte Well-Known Member

    I see where your coming from.
    I'm try to justify a trip out of town to pick up some 50 year old jeep parts.
    I could use one of the parts, maybe a second one at some point.
    I wouldn't want to pay for shipping them.
    I just ordered a remanufactured windshield frame part that came in yesterday...still would like the windshield glass.
    Screenshot_20240821-172429~3.png
    The original windshield frame is better quality, so I'm still considering going on a 4 hour drive each way.
    We would make a weekend trip out of it, using a free room at a nearby casino as a jumping off point.
    The jeep hood won't fit in the car, to get all 3 pieces would require my truck and burn twice the fuel.
     
    imrich likes this.
  17. cladking

    cladking Coin Collector

    When they doubled the insurance costs recently it really increased the cost of mailing. I contacted some of their competitors but they charged similar rates.
     
    Last edited: Aug 24, 2024
    imrich likes this.
  18. green18

    green18 Unknown member Sweet on Commemorative Coins

    Where ya gonna get another opportunity like this? + family outing.
    I say hit the road......:)
     
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  19. Kentucky

    Kentucky Supporter! Supporter

    Not sure you are "diminished capacity"
     
    imrich likes this.
  20. green18

    green18 Unknown member Sweet on Commemorative Coins

    Thankyou for that....

    Oh, you meant Rich. Never mind, LOL. :)

    Though my diminished capacity remains undiminished. At least I think so.
     
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  21. lordmarcovan

    lordmarcovan 48-year collector Moderator

    Well, I've gotten the first result back, and must say I'm pleased.

    This coin (a 1965 Peruvian 100-soles of the Seated Liberty type) had to go off under NGC's Express tier (@$80++), because it's worth over $3K. Just from the bullion value. (You can't submit stuff over $3K under the Standard tier.) So it cost me $126 total just to slab this one coin! Yowch!

    There's 1.3544 oz of gold here, so just the melt value is $3,392.70 as of this typing.

    I was hoping for MS63.

    It came back MS65+, and is now the top pop example! And NGC attributed an overdate variety on it (9 over inverted 5). Cool!
     
    Last edited: Sep 3, 2024
    numist, longshot, Kentucky and 5 others like this.
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