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<p>[QUOTE="gmarguli, post: 329006, member: 246"]I've never heard of any TPG charging $1 a coin for grading. What you may be thinking of is that NGC & PCGS charge $1 per coin for bulk submissions where you don't meet the minimum requirement of slabbed coins. For example, you submit 100 coins with a minimum grade of MS65. You must get 35% to slab or you pay a penalty. Assume 50 slab, then you just pay the grading fee on those 50. Assume 25 slab, then you pay the grading fee on those 25 plus $1 per coin on the invoice, or $100 in this example.</p><p><br /></p><p>The lowest bulk submission cost for any coin at NGC is $6.50, not $7 like Mark stated. Here are the fees for Lincoln cents.</p><p><br /></p><p> Lincoln Cents</p><p>Grade / Price </p><p>66 RD and below / $6.50 </p><p>67 RD / $12.00 </p><p>68 RD / $15.00 </p><p><br /></p><p>I'm not sure what promotions you are referring to, but I've never heard anything remotely close to $1 a coin and I do a lot of submissions and have a lot of contacts at all the TPG. However, I do know of a <b><u>MASSIVE</u></b> submission that a TPG charged the submitter $5 a coin. I'm not talking a few thousand coins when I say massive, I mean massive! I also know of another TPG that charged a company $3 per coin for a large submission, but the person who authorized that submission price did it to try and buy their overall submission business and they actually lost money on that deal.[/QUOTE]</p><p><br /></p>
[QUOTE="gmarguli, post: 329006, member: 246"]I've never heard of any TPG charging $1 a coin for grading. What you may be thinking of is that NGC & PCGS charge $1 per coin for bulk submissions where you don't meet the minimum requirement of slabbed coins. For example, you submit 100 coins with a minimum grade of MS65. You must get 35% to slab or you pay a penalty. Assume 50 slab, then you just pay the grading fee on those 50. Assume 25 slab, then you pay the grading fee on those 25 plus $1 per coin on the invoice, or $100 in this example. The lowest bulk submission cost for any coin at NGC is $6.50, not $7 like Mark stated. Here are the fees for Lincoln cents. Lincoln Cents Grade / Price 66 RD and below / $6.50 67 RD / $12.00 68 RD / $15.00 I'm not sure what promotions you are referring to, but I've never heard anything remotely close to $1 a coin and I do a lot of submissions and have a lot of contacts at all the TPG. However, I do know of a [b][u]MASSIVE[/u][/b] submission that a TPG charged the submitter $5 a coin. I'm not talking a few thousand coins when I say massive, I mean massive! I also know of another TPG that charged a company $3 per coin for a large submission, but the person who authorized that submission price did it to try and buy their overall submission business and they actually lost money on that deal.[/QUOTE]
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