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Getting a coin graded at a coin show (FUN)?
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<p>[QUOTE="New Windsor Bill, post: 2606733, member: 78123"]Yes, I see now how they do it. Initially its a big layout of cash to buy the wholesale bullion from the mints (the real discount is only given for large purchases) and then to send them in risk free for submission to the grading co. and of course in large quantity, and then receiving back in slabs the ones that made your designated grade and the rest toll free ungraded. So you can send in a 1000 pandas and tell them I only want the 70 grade and if only 500 make the grade you pay $600. plus the shipping and the other 500. you can sell as raw coins. Wow I have learned a lot from you guys, I always wondered how these sellers were making any money. The 70 grade is the ultimate grade and makes the coin that much more valuable and to not have to waste your money on a lower grade slab is awesome.[/QUOTE]</p><p><br /></p>
[QUOTE="New Windsor Bill, post: 2606733, member: 78123"]Yes, I see now how they do it. Initially its a big layout of cash to buy the wholesale bullion from the mints (the real discount is only given for large purchases) and then to send them in risk free for submission to the grading co. and of course in large quantity, and then receiving back in slabs the ones that made your designated grade and the rest toll free ungraded. So you can send in a 1000 pandas and tell them I only want the 70 grade and if only 500 make the grade you pay $600. plus the shipping and the other 500. you can sell as raw coins. Wow I have learned a lot from you guys, I always wondered how these sellers were making any money. The 70 grade is the ultimate grade and makes the coin that much more valuable and to not have to waste your money on a lower grade slab is awesome.[/QUOTE]
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Getting a coin graded at a coin show (FUN)?
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