Grading

[cubsfan1-migration]

When you submit a coin for grading under Early Bird $3000.00 value and below, if the coin once it being graded turns out to be worth more them $3000.00 what does NGC do? Would try to contact me or would they just charge my credit card for the extra

[Keigwin]

When you submit a coin for grading under Early Bird $3000.00 value and below, if the coin once it being graded turns out to be worth more them $3000.00 what does NGC do? Would try to contact me or would they just charge my credit card for the extra

They let it slide, if your original submission was plausible.

Lance.

[MarkFeld]

When you submit a coin for grading under Early Bird $3000.00 value and below, if the coin once it being graded turns out to be worth more them $3000.00 what does NGC do? Would try to contact me or would they just charge my credit card for the extra

They let it slide, if your original submission was plausible.

Lance.

 

I remember when I was a grader at NGC one (extreme) cheapskate submitted some Proof gold dollars under the economy tier. In his case, we did not let it slide.

 

The real downside to understating the value, is that if the coin gets lost or damaged, you aren't covered beyond the stated insured value on the submission invoice.

[coinman_23885]

I asked NGC on a cross about this, and their response was that they would call you ahead if the coin's value was substantially above $3,000 to approve the new tier and fee.

[cubsfan1-migration]

Thank you very much..

[Kenneth F]

Its just for insurance purposes! For example.. i send in a Morgan which i think is a MS67.. Ill look up the FMV and list that on the invoice... then I find out its graded MS68.. they adjust the invoice and then cover the coin (mailing insurance).. they dont charge for that.

 

From what I was told by NGC>