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<p>[QUOTE="HandsomeToad, post: 390550, member: 12965"]There are many drawbacks to PCGS:</p><p> </p><p>1. They will body-bag a coin for many reasons - damage, cleaning, etc... (mentioned before).</p><p>2. You have to be a member to submit directly to them and their Platinum Membership ($199.00) seems to be the best bet, with 8 free submissions, which makes each coin cost $25.00 each (not including the online subscription to their Population Report & a few other benefits). Also, if you go with the Platinum Membership, you have to submit all 8 coins at the same time and not one or more at a time. However, once you've used up your free submissions for that year, you can send in one at a time if you want. </p><p>3. Turnaround is getting longer and longer so by the time you decide to go with them, it may take up to 60 to 90 days to get your coins back, although it seems that all TPG's are getting slower in turnaround. </p><p>4. The more valuable your coin is, the more it can cost you to have it graded, which I think is a direct conflict of interest on PCGS's part. What I mean by that is PCGS can make more money for their services if your coin is worth over a certain amount, so they could be swayed to give your coin a higher grade in order to receive more money for their services and if that ever becomes an issue, PCGS slabbed coins will plummet in value. </p><p> </p><p>With the other TPG's you don't have to become a member and you can submit one coin at a time, if you want. However, due to shipping costs, it's always best to submit several at a time. Also, ANACS & NCS will not body-bag a cleaned or damaged coin, so they are the ones I would send my coins to since many of my coins have problems and the ones that don't, they'll slab too so they will service all of my coins, PCGS won't. Plus, they are cheaper and since I hate spending money on anything but coins, I am always looking to save money anywhere I can so I will have more money to spend on coins.</p><p> </p><p>Ribbit <img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie1" alt=":)" unselectable="on" unselectable="on" />[/QUOTE]</p><p><br /></p>
[QUOTE="HandsomeToad, post: 390550, member: 12965"]There are many drawbacks to PCGS: 1. They will body-bag a coin for many reasons - damage, cleaning, etc... (mentioned before). 2. You have to be a member to submit directly to them and their Platinum Membership ($199.00) seems to be the best bet, with 8 free submissions, which makes each coin cost $25.00 each (not including the online subscription to their Population Report & a few other benefits). Also, if you go with the Platinum Membership, you have to submit all 8 coins at the same time and not one or more at a time. However, once you've used up your free submissions for that year, you can send in one at a time if you want. 3. Turnaround is getting longer and longer so by the time you decide to go with them, it may take up to 60 to 90 days to get your coins back, although it seems that all TPG's are getting slower in turnaround. 4. The more valuable your coin is, the more it can cost you to have it graded, which I think is a direct conflict of interest on PCGS's part. What I mean by that is PCGS can make more money for their services if your coin is worth over a certain amount, so they could be swayed to give your coin a higher grade in order to receive more money for their services and if that ever becomes an issue, PCGS slabbed coins will plummet in value. With the other TPG's you don't have to become a member and you can submit one coin at a time, if you want. However, due to shipping costs, it's always best to submit several at a time. Also, ANACS & NCS will not body-bag a cleaned or damaged coin, so they are the ones I would send my coins to since many of my coins have problems and the ones that don't, they'll slab too so they will service all of my coins, PCGS won't. Plus, they are cheaper and since I hate spending money on anything but coins, I am always looking to save money anywhere I can so I will have more money to spend on coins. Ribbit :)[/QUOTE]
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TPG's - which one is my best bet?
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