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<p>[QUOTE="johnmilton, post: 24736683, member: 101855"]If you have not joined one of the PCGS introductory offers where you get some coins graded for free, you might try that. The threshold for getting a coin or piece of paper money graded used to be $200. I think that it's more like $400 or more given the high costs of the grading and the higher shipping costs, which you must pay both ways.</p><p><br /></p><p>The last work I had done was for some Confederate paper money. I had one note that was worth over $3,000. I paid the going rate, which was over $100, plus the cost of joining their program and the shipping. I get it back in less than a month. It was in a grade higher than I expected.</p><p><br /></p><p>I had some other notes that were in the $400 to $600 range. I sent them in economy. It took over four months and still cost more than 10% more than the value of the pieces. Four items came back in the grades I expected. One came in less than I expected.</p><p><br /></p><p>I was talking to a currency dealer a couple of days ago. He had a large stack of notes he was getting graded under the economy plan. He told me it would take about five months.</p><p><br /></p><p>My conclusion was, if you want something certified, buy it certified. Getting things certified is great a dealers. I know from experience you can make more money if you can buy the item at the wholesale levels. As a collector, who has to pay retail, certification is an expensive hassle.</p><p><br /></p><p>One other thing to remember about NGC is that they drop their guarantee on copper coins after a certain of time. In other words, you can spend all that money, and in a few years, you have a bit more than nothing, but not that much.[/QUOTE]</p><p><br /></p>
[QUOTE="johnmilton, post: 24736683, member: 101855"]If you have not joined one of the PCGS introductory offers where you get some coins graded for free, you might try that. The threshold for getting a coin or piece of paper money graded used to be $200. I think that it's more like $400 or more given the high costs of the grading and the higher shipping costs, which you must pay both ways. The last work I had done was for some Confederate paper money. I had one note that was worth over $3,000. I paid the going rate, which was over $100, plus the cost of joining their program and the shipping. I get it back in less than a month. It was in a grade higher than I expected. I had some other notes that were in the $400 to $600 range. I sent them in economy. It took over four months and still cost more than 10% more than the value of the pieces. Four items came back in the grades I expected. One came in less than I expected. I was talking to a currency dealer a couple of days ago. He had a large stack of notes he was getting graded under the economy plan. He told me it would take about five months. My conclusion was, if you want something certified, buy it certified. Getting things certified is great a dealers. I know from experience you can make more money if you can buy the item at the wholesale levels. As a collector, who has to pay retail, certification is an expensive hassle. One other thing to remember about NGC is that they drop their guarantee on copper coins after a certain of time. In other words, you can spend all that money, and in a few years, you have a bit more than nothing, but not that much.[/QUOTE]
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