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<p>[QUOTE="19Lyds, post: 1967232, member: 15929"]Your opinion is based upon the fact that you do NOT own and run a grading company that handles hundreds of thousands of coins a month.</p><p><br /></p><p>Each coin gets an approximate 5 second look. Some do not even get louped unless the grader believes that it visually LOOKS like a high grade, expensive coin.</p><p><br /></p><p>As for what they do and how much they charge? They grade far more coins in the $12 range (Bulk submissions) than they do in $32 range (Standard submission). They also grade a literal TON of modern coins at the $16 level. "Some" of those $16 submissions can sell for thousands.</p><p><br /></p><p>The problem is that "submitters" ONLY see PCGS from their personal perspective and their relative experiences with PCGS. IF, I submitted "thousands" of coins for grading, my perspective would be much different that that of someone that submits perhaps 8 coins a year and has a "strong" opinion on those 8 coins. Otherwise, why bother with the submission?</p><p><br /></p><p>It's not as simple as one might perceive in that the hundred or so coins we, as collectors, evaluate for submission under our own terms and conditions and with our own personal opinions, simply does not compare with a business that has grade million coins in a single year!</p><p><br /></p><p>To put it into perspective, take roll of Lincolns, put each coin in a 2x2 flip. number each flip. Grade the coin and record the grade on a separate paper.</p><p>Repeat but use a different roll of Lincoln.</p><p>Now add a third roll.</p><p><br /></p><p>Now, go back and regrade the 1st roll, again recording your grades on a separate piece of paper.</p><p><br /></p><p>Compare the grades.</p><p><br /></p><p>Repeat for rolls 2 and 3.</p><p><br /></p><p>Be totally honest and report back your 100% identical grading results.[/QUOTE]</p><p><br /></p>
[QUOTE="19Lyds, post: 1967232, member: 15929"]Your opinion is based upon the fact that you do NOT own and run a grading company that handles hundreds of thousands of coins a month. Each coin gets an approximate 5 second look. Some do not even get louped unless the grader believes that it visually LOOKS like a high grade, expensive coin. As for what they do and how much they charge? They grade far more coins in the $12 range (Bulk submissions) than they do in $32 range (Standard submission). They also grade a literal TON of modern coins at the $16 level. "Some" of those $16 submissions can sell for thousands. The problem is that "submitters" ONLY see PCGS from their personal perspective and their relative experiences with PCGS. IF, I submitted "thousands" of coins for grading, my perspective would be much different that that of someone that submits perhaps 8 coins a year and has a "strong" opinion on those 8 coins. Otherwise, why bother with the submission? It's not as simple as one might perceive in that the hundred or so coins we, as collectors, evaluate for submission under our own terms and conditions and with our own personal opinions, simply does not compare with a business that has grade million coins in a single year! To put it into perspective, take roll of Lincolns, put each coin in a 2x2 flip. number each flip. Grade the coin and record the grade on a separate paper. Repeat but use a different roll of Lincoln. Now add a third roll. Now, go back and regrade the 1st roll, again recording your grades on a separate piece of paper. Compare the grades. Repeat for rolls 2 and 3. Be totally honest and report back your 100% identical grading results.[/QUOTE]
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Must read! Yelp reviews of PCGS
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