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another reason I use NGC
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<p>[QUOTE="19Lyds, post: 1715610, member: 15929"]Uhhhh, the $8.00 handling fee is there to hopefully prevent folks from sending in a single coin at a time since one single coin, such as your submission, requires the same amount of storage and logistical support as 20 coins.</p><p><br /></p><p>Initially, PCGS had set this "handling fee" for submissions that were less than 5 coins. Eventually, they made it mandatoryfor ALL submissions regardless of size.</p><p><br /></p><p>Greed? I don't think so but then I have no idea how many 1 and 2 coin submissions they receive on an annual basis.</p><p><br /></p><p>Folks seem to forget that PCGS was originally formed for "dealers" and ONLY "dealers" which meant you had to be an Authorized PCGS Coin Dealer before you could submit coins for grading.</p><p><br /></p><p>It wasn't until 2001 or 2002 when the Collectors Club was developed before coin collectors could submit their own coins without having to go through a "dealer".</p><p><br /></p><p>BTW, for the quarterly Free Submissions for Colectors Club Members, that "handling fee" USED to be waived. However, since DW took over the helm, LOTS of things have changed which require us small timers to dig a little bit deeper into our pockets for grading fee's. They DO have Stock Holders they are responsible for so I guess if someone wanted to play the "greed card", it should be played on the Stock Holders and not necessarily PCGS.[/QUOTE]</p><p><br /></p>
[QUOTE="19Lyds, post: 1715610, member: 15929"]Uhhhh, the $8.00 handling fee is there to hopefully prevent folks from sending in a single coin at a time since one single coin, such as your submission, requires the same amount of storage and logistical support as 20 coins. Initially, PCGS had set this "handling fee" for submissions that were less than 5 coins. Eventually, they made it mandatoryfor ALL submissions regardless of size. Greed? I don't think so but then I have no idea how many 1 and 2 coin submissions they receive on an annual basis. Folks seem to forget that PCGS was originally formed for "dealers" and ONLY "dealers" which meant you had to be an Authorized PCGS Coin Dealer before you could submit coins for grading. It wasn't until 2001 or 2002 when the Collectors Club was developed before coin collectors could submit their own coins without having to go through a "dealer". BTW, for the quarterly Free Submissions for Colectors Club Members, that "handling fee" USED to be waived. However, since DW took over the helm, LOTS of things have changed which require us small timers to dig a little bit deeper into our pockets for grading fee's. They DO have Stock Holders they are responsible for so I guess if someone wanted to play the "greed card", it should be played on the Stock Holders and not necessarily PCGS.[/QUOTE]
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another reason I use NGC
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