Okay, What's with PCGS Turnaround Time?

Discussion in 'Coin Chat' started by kanga, May 19, 2022.

  1. kanga

    kanga 65 Year Collector Supporter

    A good friend of mine submitted some coins to PCGS.
    I piggybacked 2 coins on the submission.

    Now we're talking at least 3 months and we're still waiting.
    WAY too much time.

    I now have 2 coins that I won in the recent EAC Convention in St. Louis.
    I'm probably going to send them in to NGC.

    What's up with PCGS?
     
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  3. ToughCOINS

    ToughCOINS Dealer Member Moderator

    It's been way too long for them to not have recovered from the workforce issues associated with COVID. Something else must be playing into the delays.

    Gone seem to be the days when a banner paraded PCGS' All-Star grading staff across the screen for all to see. If I had to come up with a plausible hypothesis, it would be that disagreements between inconsistent (less experienced?) graders has formed a bottleneck where more coins must now pass through the hands of finalizers than ever before.
     
    ldhair and UncleScroge like this.
  4. Insider

    Insider Talent on loan from...

    They are a very popular TPGS. There is a very high demand for their product. You are suffering due to their successes. They should raise their rates and make more money! They could even fire more of their "brain trust." It does not appear to have decreased their business.
     
  5. David Betts

    David Betts Elle Mae Clampett cruising with Dad

    what? Sent 4 graded coins in for HA auctions they re graded 2 in in 2 weeks!
     
  6. kanga

    kanga 65 Year Collector Supporter

    NGC used to be my "go to" TPG.
    But dealers I respect seemed to prefer PCGS.
    So I switched.

    But now it seems that if you are trying to "flip" an item just purchased, PCGS is NOT the way to go.
    If you are just trying to add a coin to your collection, then you can afford to wait.
     
  7. Southernman189

    Southernman189 Well-Known Member

    I dropped PCGS too. Good grading service but way too long of a wait. I now go with NGC
     
  8. Mr.Q

    Mr.Q Well-Known Member

    PCGS, NGC, ANACS? Quickest, as good, and cheaper ANACS in my opinion.
     
    UncleScroge likes this.
  9. baseball21

    baseball21 Well-Known Member

    They're in California which is one of the strictest states and keeps doing intermittent limitations especially around the LA area which they're in.

    That wasnt their grading staff if you're referring to that board of experts thing. The finalizers see the coin regardless.

    If anything they're just having supply chain issues like everyone else. They're also getting record number of submissions
     
  10. baseball21

    baseball21 Well-Known Member

    That's because HA is a big client. Just like any other business big clients get to skip the line
     
    slackaction1 and Dynoking like this.
  11. Dynoking

    Dynoking Well-Known Member

    Thats why us little people turn around times are so long. The major auction houses have front of the line privileges.
     
  12. kazuma78

    kazuma78 Supporter! Supporter

    I decided to sign up for more frustration and agony and mailed a 1 coin world submission just this week to use my last voucher. Can't wait to get it back at Christmas...
     
    MIGuy likes this.
  13. Mac McDonald

    Mac McDonald Well-Known Member

    To be specific, Newport Beach, in "the O.C." (Orange County)...about an hour south of LA proper...maybe 20-30 mins from the LA county line. It's all one giant sheet of concrete and asphalt with little distinction. Used to live there many years back and reason I relocated "back home again in Indiana."
     
  14. baseball21

    baseball21 Well-Known Member

    I used to live in SoCal too. Huntington Beach is pretty nice, but yea Newport is a pretty boring place
     
  15. ZoidMeister

    ZoidMeister Hamlet Squire of Tomfoolery . . . . .

    I wonder where and how they store the "backlog."

    That would have me more concerned than the time element. I've seen a few discussions on submittals coming back in different conditions than when sent, or even completely different coins.

    Inquiring minds . . . .

    Z
     
  16. Vertigo

    Vertigo Did someone say bust?

    If it goes past what the turnaround time states call pcgs and they'll get it moving pretty quick in my experience. I just had one 7 days over. Called them and had it in a week. It is what it is.
     
  17. Dynoking

    Dynoking Well-Known Member

    You have to be careful to understand what PCGS means by turnaround time. If they state 60 days that is 60 working days plus days missed for coin show attendance.
    Each month has approximately 22 working days not including holidays plus the show dates to which you have to add travel days. 60 days can approach 4 months.
     
  18. baseball21

    baseball21 Well-Known Member

    NGC does the same. They're business days only that count towards the time. Holidays and show days they have grading at dont count.

    The bigger thing that needs to be remembered is that turnaround times for all of them of estimated averages not guarantees. Some will finish faster and some will take longer
     
    Dynoking likes this.
  19. Vertigo

    Vertigo Did someone say bust?

    Oh I know. At the most its 5 a week.
     
  20. dwhiz

    dwhiz Collector Supporter

    That's why I now use the RBGS. Not only fast turn around time, but if they don't have the correct insert for your coin they'll make one fit.
    Gee I though it would get a *
    RBGS GRADING SERVICE.jpg
     
    Robidoux Pass likes this.
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