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<p>[QUOTE="gmarguli, post: 93855, member: 246"]Answering a bunch of different people's questions at once:</p><p><br /></p><p><i>Is there anything that you folks do to insure that you get the same coin you submit back from NGC or PCGS?</i> </p><p><br /></p><p>There is no need to worry about this. They are not going to steal the coin from you and replace it with a lower value one - at least not the real grading services. These companies make a LOT of money grading coins and the cost of doing this to even one person would be MASSIVE in the amount of revenue lost thanks to the people who wouldn't submit.</p><p><br /></p><p>Now, it is possible the dealer you are submitting the coins thru is switching the coins before being graded, but that is another matter. I know for a fact this has happened, but it is very rare and you can submit directly to all the major services with a little paperwork and avoid this potential problem.</p><p><br /></p><p><br /></p><p><i>With the thousands of coins these companies grade, they must make several mistakes.</i> </p><p><br /></p><p>Sure they do. I've heard of coins being returned to the wrong submitter and coins lost and damaged at the grading service. They will pay for thier mistakes should they make any. It's all a cost of doing business.</p><p><br /></p><p><br /></p><p><i>I wonder if the employees at the TPGs are bonded?</i> </p><p><br /></p><p>While I don't know for a fact, I'm 100% positive that the insurance policies these companies have cover dishonesty by employees. I'd also suspect that the grading companies do background checks on all the people who work there.</p><p><br /></p><p><br /></p><p><i>how to become a pro grader or being hire by them?</i> </p><p><br /></p><p>If you have the skills, call them up and tell them you'd be interested in a job grading. If you have decent qualifications/resume they will either meet you at a show or fly you out there to meet and test you.</p><p><br /></p><p><br /></p><p><i>is there any training for that or school?</i> </p><p><br /></p><p>Training? Other than years of experience, no. School? There are ANA classes that can help you learn how to grade, but won't make you a pro grader.</p><p><br /></p><p><br /></p><p><i>how much do they get or salary?</i> </p><p><br /></p><p>Depends on several factors, like skills (what can you grade), demand for your services, and your name in the industry. It can be in the low $30,000 area for the bulk modern graders. It goes up from there. $100K+ for the better graders. </p><p><br /></p><p><br /></p><p><i>Does anyone know if the 3PGr's pay any money to PNG, ANA, etc., to have their names listed on the rear of their slab? Can't be fee of charge. If they pay them for the right, that's no guarantee to us collectors.</i> </p><p><br /></p><p>I'm a little unsure what you are asking. If you are asking does the grading companies pay the ANA & PNG to use their logo on the back of the slab? If so, yes. Currently NGC is the "grading service of choice" for the ANA & PNG. This is a paid endorsement. Same as it was when PCGS had the endorsement. It's up to the highest bidder of the qualified grading services.</p><p><br /></p><p><br /></p><p><i>There is a fee but I think the Co. has to pass the test that PNG give out every year...</i> </p><p><br /></p><p>The test is their check clearing. </p><p><br /></p><p><br /></p><p><i>There must be someone in one of these companies who has returned a 69 coin to a customer for the customer's submitted 70 coin</i> </p><p><br /></p><p>Why must there be? The value of doing something like this is small. The potential cost is very large. Sure, it is possible. It's also possible that animals can talk, but just don't around humans. Don't count on it. At least at one grading company, there is video going non-stop and you coin can be tracked at all times it is in the building. I'd suspect other grading services have similar abilities.</p><p><br /></p><p><br /></p><p><i>they are collectors just like me and you and they know how people feel about their coins....</i> </p><p><br /></p><p>Many people (the non-graders) are not coin people.[/QUOTE]</p><p><br /></p>
[QUOTE="gmarguli, post: 93855, member: 246"]Answering a bunch of different people's questions at once: [I]Is there anything that you folks do to insure that you get the same coin you submit back from NGC or PCGS?[/I] There is no need to worry about this. They are not going to steal the coin from you and replace it with a lower value one - at least not the real grading services. These companies make a LOT of money grading coins and the cost of doing this to even one person would be MASSIVE in the amount of revenue lost thanks to the people who wouldn't submit. Now, it is possible the dealer you are submitting the coins thru is switching the coins before being graded, but that is another matter. I know for a fact this has happened, but it is very rare and you can submit directly to all the major services with a little paperwork and avoid this potential problem. [I]With the thousands of coins these companies grade, they must make several mistakes.[/I] Sure they do. I've heard of coins being returned to the wrong submitter and coins lost and damaged at the grading service. They will pay for thier mistakes should they make any. It's all a cost of doing business. [I]I wonder if the employees at the TPGs are bonded?[/I] While I don't know for a fact, I'm 100% positive that the insurance policies these companies have cover dishonesty by employees. I'd also suspect that the grading companies do background checks on all the people who work there. [I]how to become a pro grader or being hire by them?[/I] If you have the skills, call them up and tell them you'd be interested in a job grading. If you have decent qualifications/resume they will either meet you at a show or fly you out there to meet and test you. [I]is there any training for that or school?[/I] Training? Other than years of experience, no. School? There are ANA classes that can help you learn how to grade, but won't make you a pro grader. [I]how much do they get or salary?[/I] Depends on several factors, like skills (what can you grade), demand for your services, and your name in the industry. It can be in the low $30,000 area for the bulk modern graders. It goes up from there. $100K+ for the better graders. [I]Does anyone know if the 3PGr's pay any money to PNG, ANA, etc., to have their names listed on the rear of their slab? Can't be fee of charge. If they pay them for the right, that's no guarantee to us collectors.[/I] I'm a little unsure what you are asking. If you are asking does the grading companies pay the ANA & PNG to use their logo on the back of the slab? If so, yes. Currently NGC is the "grading service of choice" for the ANA & PNG. This is a paid endorsement. Same as it was when PCGS had the endorsement. It's up to the highest bidder of the qualified grading services. [I]There is a fee but I think the Co. has to pass the test that PNG give out every year...[/I] The test is their check clearing. [I]There must be someone in one of these companies who has returned a 69 coin to a customer for the customer's submitted 70 coin[/I] Why must there be? The value of doing something like this is small. The potential cost is very large. Sure, it is possible. It's also possible that animals can talk, but just don't around humans. Don't count on it. At least at one grading company, there is video going non-stop and you coin can be tracked at all times it is in the building. I'd suspect other grading services have similar abilities. [I]they are collectors just like me and you and they know how people feel about their coins....[/I] Many people (the non-graders) are not coin people.[/QUOTE]
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Getting the same coin back from NGC, PCGS
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