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<p>[QUOTE="Leadfoot, post: 1382888, member: 2972"]One way to save money is to get to a show where PCGS is at, and submit in person. Also, sending more coins at once will allow you to save money too.</p><p><br /></p><p>However, if you think the price of PCGS is high, perhaps you are sending coins shouldn't be graded to begin with... </p><p><br /></p><p>Some food for thought: In general, most coins valued under $250 are better left raw (there are, of course, exceptions). In a bit more detail....</p><p><br /></p><p>You should consider sending coins to be graded that have the expectation to go up in price as a result. Think of it as an investment with a return -- if the return is not good (i.e. if price appreciation as a result of slabbing minus the cost of slabbing is negative), then don't do it -- Airtites are a heck of a lot cheaper and do an equally (or better) job of protecting your coins.</p><p><br /></p><p>To use an example: Let's say I bought a raw 1889 gold dollar on eBay for $280. When I got the coin, I graded it a 64. I offered it to a dealer, and he offered me $500 for the coin. I sent it to PCGS and it cost me about $100 to grade it. It came back from PCGS MS 65, and is almost instantly salable in excess of $2k. Do you still think PCGS is expensive in this example?</p><p><br /></p><p>The lesson is this: If you think the price of PCGS is "high", perhaps those coins shouldn't be sent to PCGS in the first place. Their prices are what they are.</p><p><br /></p><p>Respectfully...Mike</p><p><br /></p><p>p.s. the example above is a true story, and here is the coin:</p><p><br /></p><p><img src="http://www.pbase.com/miker/image/90798581/medium.jpg" class="bbCodeImage wysiwygImage" alt="" unselectable="on" />[/QUOTE]</p><p><br /></p>
[QUOTE="Leadfoot, post: 1382888, member: 2972"]One way to save money is to get to a show where PCGS is at, and submit in person. Also, sending more coins at once will allow you to save money too. However, if you think the price of PCGS is high, perhaps you are sending coins shouldn't be graded to begin with... Some food for thought: In general, most coins valued under $250 are better left raw (there are, of course, exceptions). In a bit more detail.... You should consider sending coins to be graded that have the expectation to go up in price as a result. Think of it as an investment with a return -- if the return is not good (i.e. if price appreciation as a result of slabbing minus the cost of slabbing is negative), then don't do it -- Airtites are a heck of a lot cheaper and do an equally (or better) job of protecting your coins. To use an example: Let's say I bought a raw 1889 gold dollar on eBay for $280. When I got the coin, I graded it a 64. I offered it to a dealer, and he offered me $500 for the coin. I sent it to PCGS and it cost me about $100 to grade it. It came back from PCGS MS 65, and is almost instantly salable in excess of $2k. Do you still think PCGS is expensive in this example? The lesson is this: If you think the price of PCGS is "high", perhaps those coins shouldn't be sent to PCGS in the first place. Their prices are what they are. Respectfully...Mike p.s. the example above is a true story, and here is the coin: [img]http://www.pbase.com/miker/image/90798581/medium.jpg[/img][/QUOTE]
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