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My Most Recent NGC Submission

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coinsbygary

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Lately, there has been much criticism and suspicion about the length of time it takes to get your coins graded. And my recent submission is no different. Like me, at the end of the day, when all your coins have been returned, you will probably ask yourself if it has been worth it? In the end, I weighed my worth against the grades I got, the price I paid, and the wait I had to endure.

On April 22, 2021, I mailed a 13-coin submission to NGC. On August 10, I received the last of my coins back in the mail. In that one mailing, I had four separate submissions graded in the following order. The first two were Christa McAuliffe commemorative coins graded under the US-modern tier. The next was a silver 5-ounce Tuskegee Airmen Quarter in an oversize holder. The largest was an 8-coin submission under the world-economy tier. Finally, the last two coins I received back were two coins under the world-modern tier.

In the end, the cost was never going to be an issue because of last year’s award as one of three awarded journalists. This only left me with two considerations which were in a manner of speaking linked together. The wait was worth it if I liked the grades, and if I didn’t like them, it wasn’t.

Most of the coins were related to my 1868-70 Spanish Provisional Government set and my 1933-38 Second Spanish Republic set. The others were new purchases and a few that had been lying around in flips.

Having all those grading credits tempted me to send in coins that I otherwise might not of. However, I had a duplicate raw coin that I considered sending in with the submission to sell. In the end, I determined not to send it because I thought it might get a details grade. Why waste the credit if I didn’t need to? Instead, I’ll save it for my 2021 Morgan and Peace Dollar.

This turned out to be a good decision because, in 13 coins, I had no detailed grades and three top-pops, of which two were 70’s. Most of the other grades were reasonably expected, with only a few exceptions. The following is a chart detailing my hope, my expectation, and the final grade:

Coin

Hope

Expected

Final Grade

2021 UNC Christa McAuliffe

70

69

69

2021 PRF Christa McAuliffe

70

69

69

2021 SP Oversize Tuskegee Airmen

70

69

70

1947-S Philippine MacArthur Peso

65

64

63

1870(70) SNM Spanish Provisional 50C

20

15

12

1870(70) SNM Spanish Provisional Peseta

VF

VF

25

1870(73) DEM Spanish

Provisional Peseta

58

AU

55 (Top-Pop)

1934 2nd Spanish Republic 25C

65

64

64

1937 2nd Spanish Republic 5c

65

64

63

1937 Menorca 25C (Spanish Civil War)

64

63

63

1938 2nd Spanish Republic 25C

67

66

63

2019PM B.V. Islands Silver $1 Una and the Lion

69

69

68 (rev proof)

2020 France 2E Proof Medical Research

70

69

70

 

Overall, my expectations were met with a minimum of disappointments and three top-pops! Was this worth the wait? Determine for yourselves, but as for me, I think this was worth the wait. Gary.

2021_Tuskegee_Airmen_5oz.jpg

1870_73_Spanish_Peseta_DEM.jpg

 

2020_Proof_Medical_Reasearch_2E_A.jpg

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6 Comments


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On 9/14/2021 at 7:52 AM, Revenant said:

Doesn't make the waiting more fun. lol

Like waiting on the sun to come up with no power. lol

u could always travel east....

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In my opinion, having pieces graded is always worth the wait. While I enjoy testing my skills against the professionals, I place relatively little value on the assigned grade. Sure, it is fun to see how things turn out, but for me, the protection provided by the slab paired with the potential market gain by having them graded makes it all worth it.

By the way, you did a fantastic job with the pictures!

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Looks like you did quite well with only one big disappointment in the 1938 that you hoped for gem and got 63; congrats on the grades and also for the win last year that awarded you the grading credits.

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