Getting a coin graded

Discussion in 'Coin Chat' started by 1stSgt22, Jan 13, 2021 at 6:39 PM.

  1. 1stSgt22

    1stSgt22 Member

    Would some of you guys/gals provide some information about sending a coin to be graded? Things like where to send them, the cost, how to decide if your coin is worth the cost, and any other information you think might help!! Thanks in advance!!!
     
    capthank likes this.
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  3. Bradley Trotter

    Bradley Trotter Well-Known Member

    When it comes to grading coins, you have four options PCGS, NGC, ICG, and ANACS. PCGS and NGC are generally considered the best by dealers and collectors. However, to gain submission privileges to either company, you must purchase a membership on top of any submission fees. In contrast, ICG and ANACS require no paid membership to gain submission privileges.

    ANACS Services & Fees: https://www.anacs.com/anacsservices.aspx

    ICG Services & Fees: https://www.icgcoin.com/fees-services/

    NGC Grading Services & Fees: https://www.ngccoin.com/submit/services-fees/ngc/

    NGC Membership Fees: https://www.ngccoin.com/join/

    PCGS Grading Services & Fees: https://www.pcgs.com/servicesandfees

    PCGS Membership Fees: https://www.pcgs.com/join
     
    mike estes, DEA, capthank and 7 others like this.
  4. cpm9ball

    cpm9ball CANNOT RE-MEMBER

    There are quite a few people, here, who can give you an idea of the grade and whether or not it would be worth submitting if you post good, clear photos of both sides.
     
    MIGuy and Inspector43 like this.
  5. Randy Abercrombie

    Randy Abercrombie Supporter! Supporter

    There are a lot of good folks here that can cover you up with information..... Myself, I let my dealer buddy piggyback my coins in with his submissions. It helps us both to keep our costs down.
     
    MIGuy, Kentucky and Inspector43 like this.
  6. Kentucky

    Kentucky Supporter! Supporter

    Randy Abercrombie likes this.
  7. Histman

    Histman Too Many Coins, Not Enough Time!

    This is a great topic. I have a 1916-D Merc and a 1914-D I'd like to send in for grading. However, because I don't want to mess up things or pay for things I didn't intend, I haven't done so as of yet. It would be very helpful if there was a video walking us through the process (filling out the forms, packaging for submittal, yada yada yada). Not sure if anyone has already made something like that, or would be willing to do so, but I'm sure many of our members (me included) would love it if one of you did so the next time you submit something.
     
    Trish and MIGuy like this.
  8. mpcusa

    mpcusa "Official C.T. TROLL SWEEPER"

    It s always good to remember, when it comes to grading coins you are trying
    to increase the value, I see many people grading bullion coins and thats a
    big mistake an once of gold is worth an once of gold in any condition.
     
    mike estes, MIGuy and Kentucky like this.
  9. Razz

    Razz Critical Thinker

    Post them here first (if you have not already done so)! We like key dates and can help you determine a base grade or range of grades to expect. Crop your photos and post them full sized.
     
    MIGuy likes this.
  10. dwhiz

    dwhiz Collector Supporter

    Also
    ANA Members Can Submit Coins Directly to NGC
    https://www.ngccoin.com/about/industry-affiliates/american-numismatic-association/
     
    Bradley Trotter likes this.
  11. Kentucky

    Kentucky Supporter! Supporter

    The only coin I ever submitted was to PCGS and I thought I was going to increase the value of the coin 100X...became a member, submitted...sorry Charlie
     
    MIGuy likes this.
  12. Lehigh96

    Lehigh96 Toning Enthusiast

    To the OP, if you are only going to submit a few coins, you are much better off following Randy's advice and either find a dealer or make a friend who you can piggyback your coin on their submissions.

    The shipping & handling charges will eat you alive if you make a small submission. I usually try to ensure that my submissions are at least 25 coins which gets the S&H charge under $3 per coin. The total S&H charge for my most recent submission to PCGS was $66 for 28 coins, or $2.36 per coin.
     
    dwhiz and Randy Abercrombie like this.
  13. Charles tresner

    Charles tresner New Member

    i agree with the guy there should be a easier way to get a value of a coin ... I get it leave it to the pros who knows , but with all the knowledge about coins the few of the smartest or fairest people here should put there heads together and list a cheat sheet so to speak to help one not get so flustered to start...
     
  14. CoinCorgi

    CoinCorgi Derp, derp, derp!

    I look forward to watching your video. Thanks in advance.
     
    Randy Abercrombie likes this.
  15. lordmarcovan

    lordmarcovan Eclectic & avid numismatist Moderator

    Moved this thread from General Discussion (which is for general non-coin related topics), to Coin Chat (which is for general coin-related topics).
     
    Mountain Man, Kentucky and MIGuy like this.
  16. baseball21

    baseball21 Well-Known Member

    While everyone can make up their own mind about whether they care about it or not, the market shows that your statement just simply isn't true. 70s are in fact worth more

    While it certainly is more expensive not piggybacking, even on a small submission the extra cost would be worth it to me to do it my self and not have some stranger do my submission. This is especially true at this point time
     
    Last edited: Jan 14, 2021 at 11:02 AM
    thomas mozzillo likes this.
  17. MIGuy

    MIGuy Supporter! Supporter

    Here's my two cents, I have purchased coins in slabs from PCGS, NGC, ICG and ANACS for years, but recently I was putting together a Standing Liberty Quarters set, low grade, and I bought some in slabs so I decided (while starting a second set in my Whitman album) that I'd have a slabbed set. I didn't want to spend a lot and I'm not worried particularly about resale (PCGS slabs have the highest resale value in the current market) so I wanted accuracy, inexpensive and simplicity. I submitted 18 coins to ICG - CoinTalk members can submit for a special economy rate of $10 per coin (I think it might be a 10 coin minimum, maybe not) otherwise it's still not bad, but you have to mention you are a CoinTalk member on the form. I had some coins I wanted "conserved" which means cleaning without damaging the original surfaces, those were an extra $5 each, then you also have to pay for them to ship back, insured, and for you to ship to them, insured. Total cost with everything for 18 coins, some conserved was about $250 with shipping expenses both ways and insurance. They guarantee the coins they slab are authentic and they guarantee their grade - all of the big 4 do I believe. I like ICG because I just downloaded the form, filled it out by hand and dropped it in the box with my coins and about 3 weeks later I had them back, graded. I felt the grades were very fair and that they definitely had a better eye than I did for the details. Others may have different experiences! I plan on submitting another batch of SLQs for grading in the near future to ICG.
     
    Last edited: Jan 14, 2021 at 10:03 AM
    dwhiz, capthank, Bob Evancho and 2 others like this.
  18. charley

    charley Active Member

    it is a lot of work, though. i know.
     
  19. charley

    charley Active Member

    i assume you are referring to the 1914d cent?

    if you have definitely determined both are genuine, having a reputable dealer that you trust review the coin in hand to advise on the possible grade range/cost/best submittal method, is a good thing.

    assuming you did mean cent for the 14d, that and the 16d dime are 2 of the most altered date/mm coins around. i would not just submit on my own.

    my opinion, of course.
     
  20. 51Caveman

    51Caveman Member

    I joined PCGS early December 20. I sent off a 2020 W Silver Eagle V75 on Dec 4. Last night I got an email from them and I should hopefully get the coin back soon. They graded it P70 DCAM which is great. It actually wasn't too hard to do but it is involved. I still have the 2019 Enhanced Reverse Proof Eagle in the unopened Mint box to submit for grading. I've been sitting on that one. Unfortunately I don't have a local coin dealer nearby where I live so the "piggyback" option is out for me.
     
  21. MIGuy

    MIGuy Supporter! Supporter

    I have a related question, how do you get to know a dealer? Once Covid is over, I might go into Coin shops or go to a coin show, I've always been kind of intimidated by those, I've been into only a few over the last 45 years I've been collecting. There's a comic / baseball card / coins store I've been into multiple times with my son, that place is neat but they don't have a ton of coins in the display anyway. There's also a pawn shop with aspirations to be a jewelry store where I've bought high end watches and some nice jewelry.
     
    capthank likes this.
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