Log in or Sign up
Coin Talk
Home
Forums
>
Coin Forums
>
US Coins Forum
>
ANACS SPECIAL
>
Reply to Thread
Message:
<p>[QUOTE="Paddy54, post: 2418549, member: 19250"]Dave it works like this.....</p><p>Let's say you had a 1877 IHC in xf 45 raw well you know that that coin would cost more than $500. So if you sent it in and it was graded at xf 45 yes that would set off an alarm. As that coin in G-4 would be over the $ 500 mark.</p><p>Now let's say you have a Morgan silver dollar. It's a common date but a nice coin. You send it in to be graded and by chance it grades higher then you expected . And the price jumps from a $100, Value coin to a $700 value with in one grade jump. That's not an issue.</p><p>For the most part they are placing a value for insurance reasons. How much to insure for both in house,as well as when returning in postage to you.</p><p>I think for the most part if you sent in 5 coins and 2 of the 5 graded put your invoice way over the $500 per coin for those 2 coins it should not be an issue. However they could also contact you and explain that you need to remit more to cover the cost both grading and or shipping /insurance .</p><p>Now understand you could send in 5 coins at face value.</p><p>I've never done so .....who knows what type of response they may give trying that. <img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie1" alt=":)" unselectable="on" unselectable="on" />[/QUOTE]</p><p><br /></p>
[QUOTE="Paddy54, post: 2418549, member: 19250"]Dave it works like this..... Let's say you had a 1877 IHC in xf 45 raw well you know that that coin would cost more than $500. So if you sent it in and it was graded at xf 45 yes that would set off an alarm. As that coin in G-4 would be over the $ 500 mark. Now let's say you have a Morgan silver dollar. It's a common date but a nice coin. You send it in to be graded and by chance it grades higher then you expected . And the price jumps from a $100, Value coin to a $700 value with in one grade jump. That's not an issue. For the most part they are placing a value for insurance reasons. How much to insure for both in house,as well as when returning in postage to you. I think for the most part if you sent in 5 coins and 2 of the 5 graded put your invoice way over the $500 per coin for those 2 coins it should not be an issue. However they could also contact you and explain that you need to remit more to cover the cost both grading and or shipping /insurance . Now understand you could send in 5 coins at face value. I've never done so .....who knows what type of response they may give trying that. :)[/QUOTE]
Your name or email address:
Do you already have an account?
No, create an account now.
Yes, my password is:
Forgot your password?
Stay logged in
Coin Talk
Home
Forums
>
Coin Forums
>
US Coins Forum
>
ANACS SPECIAL
>
Home
Home
Quick Links
Search Forums
Recent Activity
Recent Posts
Forums
Forums
Quick Links
Search Forums
Recent Posts
Competitions
Competitions
Quick Links
Competition Index
Rules, Terms & Conditions
Gallery
Gallery
Quick Links
Search Media
New Media
Showcase
Showcase
Quick Links
Search Items
Most Active Members
New Items
Directory
Directory
Quick Links
Directory Home
New Listings
Members
Members
Quick Links
Notable Members
Current Visitors
Recent Activity
New Profile Posts
Sponsors
Menu
Search
Search titles only
Posted by Member:
Separate names with a comma.
Newer Than:
Search this thread only
Search this forum only
Display results as threads
Useful Searches
Recent Posts
More...