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grading costs

Started by nubktobk-migration,

2 posts in this topic

nubktobk-migration

nubktobk-migration

Posted
Posted

I tried using your search feature and didn't find my answers.

 

So my questions are:

 

I see a lot of lower valued coins graded by ngc and I was wondering how one justifies the cost of grading when the cost of grading is more than the value of the coin. Is there like a volume grading discount?

 

The reason I ask is I have a number of beautiful toned 2004 & 2005 lincoln cents like I would liked graded but I can't see spending the money on grading if each coin is only worth a few dollars. So the next question is would it be worth grading these coins and their real value? I am sure they would grade high and red.

 

Thanks

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DWLange

DWLange

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There are some submitters who knowingly send in coins that are worth less than the grading cost, simply because they want them for a Registry set of just their collection. More often, however, these lower value coins are submitted by dealers under NGC's Pre-Screen service, which does have a sliding scale of discounts. This service is available only to those having dealer accounts with NGC.

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