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<p>[QUOTE="Aslanmia, post: 390985, member: 11753"]It's funny, I'm sitting here thinking about submitting some more coins to PCGS for grading/slabbing, and I can't seem to shake the feeling that the whole process just appears to be a little "shady" (and I gotta tell ya, this whole "first strike" and slabbing entire rolls nonesense, just adds to it.)</p><p> </p><p>First of all, the whole submission level pricing is a farce. Considering the exponential difference in value from one higher grade to another, how can you honestly make the call that your "graded" coin will come in under $300 or $3000? There's a $12 difference in the submission fee between the two levels.</p><p> </p><p>When I received my free submissions with my membership (for coins valued under $3000), I inquired about what would happen if I submitted a coin that graded high enough to be worth over $3000. After an email exchange where the customer service people seemed to be trying to avoid giving me an answer, I was told that they would grade it anyway. But would they grade it honestly or grade it under $3000, hoping I would resubmit it?</p><p> </p><p>And that's the other thing, if you buy into the propaganda, submissions are completely anonymous and the little guys are treated just the same as the big guys... each coin is just identified by a number. Is this really the case?</p><p> </p><p>Are the higher grades slanted towards dealer submissions because that makes more sense to the bottom line? Of the eight coins I submitted, 2 were body bagged (one cleaned and one altered surface Peace dollar) and the rest graded in 64, 65. 66 range, one of which was placed in the holder on an angle. I thought a couple had a good shot at the magic 67 or higher, but no go.</p><p> </p><p>Anyway, sorry for the rant... I'm kind of just thinking out loud here, but I would like to hear other people's thoughts on the subject.[/QUOTE]</p><p><br /></p>
[QUOTE="Aslanmia, post: 390985, member: 11753"]It's funny, I'm sitting here thinking about submitting some more coins to PCGS for grading/slabbing, and I can't seem to shake the feeling that the whole process just appears to be a little "shady" (and I gotta tell ya, this whole "first strike" and slabbing entire rolls nonesense, just adds to it.) First of all, the whole submission level pricing is a farce. Considering the exponential difference in value from one higher grade to another, how can you honestly make the call that your "graded" coin will come in under $300 or $3000? There's a $12 difference in the submission fee between the two levels. When I received my free submissions with my membership (for coins valued under $3000), I inquired about what would happen if I submitted a coin that graded high enough to be worth over $3000. After an email exchange where the customer service people seemed to be trying to avoid giving me an answer, I was told that they would grade it anyway. But would they grade it honestly or grade it under $3000, hoping I would resubmit it? And that's the other thing, if you buy into the propaganda, submissions are completely anonymous and the little guys are treated just the same as the big guys... each coin is just identified by a number. Is this really the case? Are the higher grades slanted towards dealer submissions because that makes more sense to the bottom line? Of the eight coins I submitted, 2 were body bagged (one cleaned and one altered surface Peace dollar) and the rest graded in 64, 65. 66 range, one of which was placed in the holder on an angle. I thought a couple had a good shot at the magic 67 or higher, but no go. Anyway, sorry for the rant... I'm kind of just thinking out loud here, but I would like to hear other people's thoughts on the subject.[/QUOTE]
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