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<p>[QUOTE="Jim-P, post: 8140863, member: 118020"]After collecting off and on for many years I decided to have many of my coins professionally graded in 2021. Initial discussion was in a <a href="https://www.cointalk.com/threads/first-time-submitting-coins-for-encapsulation-preliminary-report.380658/#post-7571486" class="internalLink ProxyLink" data-proxy-href="https://www.cointalk.com/threads/first-time-submitting-coins-for-encapsulation-preliminary-report.380658/#post-7571486">post back in May</a>. Over the May through August timeframe I sent in about 85 coins (the bulk of my "good" coins to four services: ANACS, PCGS, NGC, and ICG. Not really enough to develop a trend, but some observations.</p><p><br /></p><p>My initial submittal was to ANACS, they were offering a ten dollars and/or cents for $10 each special. They offer a reasonable flat fee per order for conservation service. I opted for it. I was pleased with their work. I used them again. They set up at coin shows, at one I saw they were offering free return shipping for event submittals (ten coin minimum). Good deal. Check their web page for specials. However I found their imaging service inadequate and did not opt for it on submittals subsequent to my first one.</p><p><br /></p><p>Second one I used was PCGS. Was a little put off by their membership fee in order to use them but they are the best at marketing their services and probably the most regarded in the slabbing world. Sent them what I thought were some of my best quarters and halfs. They offer separate submittals for grading and conservation so I went straight to grading. Couple of what I thought were my best Washington quarters came back ungradable PVC residue to my disappointment. On subsequent orders I made sure I gave silver coins a really good acetone bath before sending them in and no more rejects. Turn-around time was reasonable. Most recently I used them on a few gold eagles / double eagles to reduce potential uncertainty concerns in selling them.</p><p><br /></p><p>Sent some similar key Washington quarters to NGC and opted for their conservation service in conjunction with grading. Again a little discouraged right off the bat that one has to join the club in order to buy services. I declared the coin value at the AU-58 grade for conservation service fee and to my dismay, they came back XF, but with conservation service charged at their 4% fair market value on my AU-58 estimate. Not going to break the bank but really trims any margin on trying to sell these coins for more than what I have into them. Took three months between sending and receiving the order, I did not use NGC again but this one time. Their imaging service was fair, not as good as PCGS, and harder to capture images.</p><p><br /></p><p>I sent most of my orders to ICG. As I mentioned in my initial post back in May, I was immediately impressed by them: they called me to discuss my order on a couple of occasions, they had the best pricing, and the quickest turn-around time. But I was disappointed with their imaging service.</p><p><br /></p><p>The only example I can offer of sending similar coins to multiple graders is on some Franklin and Kennedy half dollars. Many years ago a mail-order vendor had a promotion of getting a free proof silver Kennedy when buying a proof Franklin. I bought three. The ones I sent it to ANACS and ICG this year came back PF-64. The pair I sent in to PCGS came back PF-66.</p><p><br /></p><p>This project pretty much exhausted my supply of coins I consider worth paying the premium for slabbing as compared to the coin value. In the end, it was a net gain. Lost money on many (purchase price plus slabbing was more than selling price) but did well overall by having professional grading by which to measure and get fair selling prices.[/QUOTE]</p><p><br /></p>
[QUOTE="Jim-P, post: 8140863, member: 118020"]After collecting off and on for many years I decided to have many of my coins professionally graded in 2021. Initial discussion was in a [URL='https://www.cointalk.com/threads/first-time-submitting-coins-for-encapsulation-preliminary-report.380658/#post-7571486']post back in May[/URL]. Over the May through August timeframe I sent in about 85 coins (the bulk of my "good" coins to four services: ANACS, PCGS, NGC, and ICG. Not really enough to develop a trend, but some observations. My initial submittal was to ANACS, they were offering a ten dollars and/or cents for $10 each special. They offer a reasonable flat fee per order for conservation service. I opted for it. I was pleased with their work. I used them again. They set up at coin shows, at one I saw they were offering free return shipping for event submittals (ten coin minimum). Good deal. Check their web page for specials. However I found their imaging service inadequate and did not opt for it on submittals subsequent to my first one. Second one I used was PCGS. Was a little put off by their membership fee in order to use them but they are the best at marketing their services and probably the most regarded in the slabbing world. Sent them what I thought were some of my best quarters and halfs. They offer separate submittals for grading and conservation so I went straight to grading. Couple of what I thought were my best Washington quarters came back ungradable PVC residue to my disappointment. On subsequent orders I made sure I gave silver coins a really good acetone bath before sending them in and no more rejects. Turn-around time was reasonable. Most recently I used them on a few gold eagles / double eagles to reduce potential uncertainty concerns in selling them. Sent some similar key Washington quarters to NGC and opted for their conservation service in conjunction with grading. Again a little discouraged right off the bat that one has to join the club in order to buy services. I declared the coin value at the AU-58 grade for conservation service fee and to my dismay, they came back XF, but with conservation service charged at their 4% fair market value on my AU-58 estimate. Not going to break the bank but really trims any margin on trying to sell these coins for more than what I have into them. Took three months between sending and receiving the order, I did not use NGC again but this one time. Their imaging service was fair, not as good as PCGS, and harder to capture images. I sent most of my orders to ICG. As I mentioned in my initial post back in May, I was immediately impressed by them: they called me to discuss my order on a couple of occasions, they had the best pricing, and the quickest turn-around time. But I was disappointed with their imaging service. The only example I can offer of sending similar coins to multiple graders is on some Franklin and Kennedy half dollars. Many years ago a mail-order vendor had a promotion of getting a free proof silver Kennedy when buying a proof Franklin. I bought three. The ones I sent it to ANACS and ICG this year came back PF-64. The pair I sent in to PCGS came back PF-66. This project pretty much exhausted my supply of coins I consider worth paying the premium for slabbing as compared to the coin value. In the end, it was a net gain. Lost money on many (purchase price plus slabbing was more than selling price) but did well overall by having professional grading by which to measure and get fair selling prices.[/QUOTE]
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