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<p>[QUOTE="rhoggman, post: 385950, member: 13987"]I think coins are mostly subbmitted individually when the value is already percieved to be significant enough to eat up the cost of having the coin graded. </p><p> </p><p>I doubt many people will wast time submitting single coins worth less than $500 unless they recieved the coin at a great discount, or believe the coin's marketability will be elevated by a high grade which it is percieved to deserve. Normally coins are submitted in masse to get better prices. My local dealer knows a guy who submits coins to NGC. This man will in turn let many people submit with him at the same time allowing everyone to get coins graded much cheaper. This is still a hassle for me, although not a bad route to take.</p><p> </p><p>For example: I am not going to submit a 1938-D Buffalo Nickel to NGC/ PCGS unless I think it is going to command an MS 68 grade which is highly unlikey; however, if I really thought this were the case I might do it for the steep price of grading. If it came back MS 68, my otherwise common Nickel would instantly be very rare (in grade), and command a huge price difference than and MS 67. </p><p> </p><p>However I would be much more likely to send this off to a respected TPG if it only cost $20. The nickel I have is from my father's collection, and is nicer than any I have seen, but is is not worth grading If I have to have a subscription or member ship, plus pay a steep price for grading only to find out it is only worth around $250 or less. </p><p> </p><p>For $20 I would be happy if it came back as an MS-64 in a holder that people respected as "sight unseen". Hopefully DGS can bring this to the forefront.[/QUOTE]</p><p><br /></p>
[QUOTE="rhoggman, post: 385950, member: 13987"]I think coins are mostly subbmitted individually when the value is already percieved to be significant enough to eat up the cost of having the coin graded. I doubt many people will wast time submitting single coins worth less than $500 unless they recieved the coin at a great discount, or believe the coin's marketability will be elevated by a high grade which it is percieved to deserve. Normally coins are submitted in masse to get better prices. My local dealer knows a guy who submits coins to NGC. This man will in turn let many people submit with him at the same time allowing everyone to get coins graded much cheaper. This is still a hassle for me, although not a bad route to take. For example: I am not going to submit a 1938-D Buffalo Nickel to NGC/ PCGS unless I think it is going to command an MS 68 grade which is highly unlikey; however, if I really thought this were the case I might do it for the steep price of grading. If it came back MS 68, my otherwise common Nickel would instantly be very rare (in grade), and command a huge price difference than and MS 67. However I would be much more likely to send this off to a respected TPG if it only cost $20. The nickel I have is from my father's collection, and is nicer than any I have seen, but is is not worth grading If I have to have a subscription or member ship, plus pay a steep price for grading only to find out it is only worth around $250 or less. For $20 I would be happy if it came back as an MS-64 in a holder that people respected as "sight unseen". Hopefully DGS can bring this to the forefront.[/QUOTE]
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