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Cost of submitting a coin to NGC, $95 a coin!?!?
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<p>[QUOTE="BigTee44, post: 1909573, member: 41883"]Alright, so I took my 1806 Bust half to a local(45 mins away) coin shop to have it submitted to NGC for grading on March 26th. They said it'd take roughly a month to get it back. So today I decided to call and see if it had came back yet. He informed me that it was just being submitted today at the Chicago show and it'd take another 35 days to get it back!!!!</p><p><br /></p><p>He said NGC raised their rates and it costs more to have the coin returned then when he quoted me and they would have lost $35 if they sent it in. </p><p><br /></p><p>How much does it cost to have these things returned. I put the value at $600 for the insurance purposes and I paid $60 to them to have my coin graded and if they're losing $35 that means it's costing $95 to grade ONE coin??</p><p><br /></p><p>I know they're saving on the shipping in prices since they're handing it in at the show, but I just don't see how the $60 wasn't enough to cover economy grading with shipping to and from....</p><p><br /></p><p><br /></p><p>Just a little frustrated that I hadn't been contacted to tell me about this "situation" and that I wouldn't have my coin back for 2 months. I wanted to sign up for the NGC membership but thought it'd be faster taking it to the coin shop, shows what I know. </p><p><br /></p><p>Did I mention this is my first raw submission..... </p><p><br /></p><p><br /></p><p>Thought I'd throw this in here so I can remember what it looked it. </p><p><br /></p><p>[ATTACH=full]327171[/ATTACH] [ATTACH=full]327172[/ATTACH][/QUOTE]</p><p><br /></p>
[QUOTE="BigTee44, post: 1909573, member: 41883"]Alright, so I took my 1806 Bust half to a local(45 mins away) coin shop to have it submitted to NGC for grading on March 26th. They said it'd take roughly a month to get it back. So today I decided to call and see if it had came back yet. He informed me that it was just being submitted today at the Chicago show and it'd take another 35 days to get it back!!!! He said NGC raised their rates and it costs more to have the coin returned then when he quoted me and they would have lost $35 if they sent it in. How much does it cost to have these things returned. I put the value at $600 for the insurance purposes and I paid $60 to them to have my coin graded and if they're losing $35 that means it's costing $95 to grade ONE coin?? I know they're saving on the shipping in prices since they're handing it in at the show, but I just don't see how the $60 wasn't enough to cover economy grading with shipping to and from.... Just a little frustrated that I hadn't been contacted to tell me about this "situation" and that I wouldn't have my coin back for 2 months. I wanted to sign up for the NGC membership but thought it'd be faster taking it to the coin shop, shows what I know. Did I mention this is my first raw submission..... Thought I'd throw this in here so I can remember what it looked it. [ATTACH=full]327171[/ATTACH] [ATTACH=full]327172[/ATTACH][/QUOTE]
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Cost of submitting a coin to NGC, $95 a coin!?!?
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