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Do Some Dealers still send coins into NGC/PCGS as a service for clients?

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I hope you get a kick out of this. I just came across an old grading submission form that was sent in along with a couple $20 Gold Saints I had graded. I think NGC was still in NJ at the time? All I knew was Coinage magazine and didn't even have a computer on line.

 

Well, I got the phone nrs. for both NGC and PCGS and proceded to call NGC up first. No answer so I left a msg. I explained that I wanted to send some coins in to be graded and left my phone nr. and name. The next day I called again and a lady answered. I told her I had called the day before and was interested in submitting some coins. She said that she had got my message but what exactly was it that I wanted. I told her I wanted to send some coins in to be graded. She asked, are you a Dealer? I said no. Her answer was direct and polite. lol Now, I can just imagine what she was thinking.

 

So, I called up PCGS. I said No and they said No. The only thing that PCGS had over NGC in this is that I found out right away I was being a insufficiently_thoughtful_person instead of having to wait 2 days to find out with NGC. Wow! What service!

 

That led me to American Gold Exchange in Austin TX who were very willing to send my coins in to be graded. The conversation was coming to an end and they still hadn't told me how much money I should send them, so I asked. They non-chanlantly said...just something to cover the shipping, they just send the coins in as a service. I had never talked to these people before in my life much less ever bought something from them. I have since. These were the only 2 coins on the form also. Williams Gallery offered this service to me many moons ago also.

 

My point is this. If dealers are still offering this service, why am I sending my coins directly to NGC or PCGS and paying the fees?

 

 

Jerry

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I think it should changed back!!! I'm beginning to wonder if sending in coins directly is a good idea. Both NGC and PCGS now have the headaches of complaining collectors and accusations and all sorts of nonsense. And having that added protection of a dealer screening first isn't a bad thing at all.

 

 

 

Jerry

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I don't submit many coins and I've never joined NGC or PCGS. I sent my first two coins to PCGS back in 1992 through a local dealer. He charged me $15 each as I recall. It was several years before I sent anything else in.

 

Now the same dealer only sends coins to NGC. A couple of years ago I had him send another coin or two in for me and again I was charged $15 each. Last year I had him send six in at one time and he decided to charge me about $5 extra for shipping, above the $15 each grading fee.

 

Since NGC raised their fees a bit he has been charging me $16.50 for slow boat service. I think he wasn't real sure what the new rates were to collectors but I don't argue with him over 50 cents and figure it will go toward his shipping.

 

The dealers get a reduced rate so he still makes a couple of bucks and I don't have to join anything or pay the full shipping fees. I guess he still comes out behind because he does all the work getting them ready for submission and packing them up but it's good customer relations.

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That led me to American Gold Exchange in Austin TX who were very willing to send my coins in to be graded. The conversation was coming to an end and they still hadn't told me how much money I should send them, so I asked. They non-chanlantly said...just something to cover the shipping, they just send the coins in as a service

 

My guess is that this was a mistake and they meant send something to cover shipping in addition to submission fees.

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I have submitted coins for customers quite a few times, and in fact, am preparing an NGC submission right now. I pass the exact charge back to the customer. The only reason I do this is that if I know of several customers needing a couple of coins certified each, I can consolidate to one submission, and save them a few bucks.

 

I get very few coins certified for myself, and have still submitted fewer than 10 coins total that were my own, so it has been beneficial for me to submit my coins along with somebody else's in order to get the discount.

 

James

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