PCGS Grading - via dealer or direct?

[coxspau]

Can I get a show of hands on those that consign directly with PCGS for grading or those that utilise the PCGS service via a third party?

I may start getting some coins graded via PCGS, but uncertain about whether the to deal direct with PCGS or through a third party?

I'm only likely to do a few coins until things get up and running.

By the way, are there often costs associated going through third parties?

Appreciate the advice.

[trout]

Can I get a show of hands on those that consign directly with PCGS for grading or those that utilise the PCGS service via a third party?

I may start getting some coins graded via PCGS, but uncertain about whether the to deal direct with PCGS or through a third party?

I'm only likely to do a few coins until things get up and running.

By the way, are there often costs associated going through third parties?

Appreciate the advice.

If you are only going to get a handfull done third party is probebly the most cost efficant way

[ausproofs]

Can I get a show of hands on those that consign directly with PCGS for grading or those that utilise the PCGS service via a third party?

I may start getting some coins graded via PCGS, but uncertain about whether the to deal direct with PCGS or through a third party?

I'm only likely to do a few coins until things get up and running.

By the way, are there often costs associated going through third parties?

Appreciate the advice.

Hi Coxspau, You have 2 choices.. if you have high value coin (ie Proofs, early date Florins etc) and have 8 or so coins, you can get a PCGS membership ( you get 8 free submissions with the membership) and send it directly for grading. You should factor in about $150 USD for shopping. Option 2 is to send it via Walter(Numisbid)  or Eric (Drake Sterling) ... I have done both, if it is only 2-5 coins do option 2 as it is more cost effective....

[Nightparrot]

I consign via Eric because I usually have only a small number of coins (sometimes only one). It is a little more expensive but suits me. Never had any problems and Eric always helpful.

[Goldseeker]

My last and only consignment was through Walter, a total of nine coins.   He knows what he is doing, and what has to be done.   I don't.

[nealeffendi]

PCGS Platinum is 249 USD  (8 free* submissions included) and the charge for the postage back to Australia  is 66.45 USD (up to 10 coins).So that is 315.45 USD (about $400 Aussie) and that doesn't include the cost of sending them to California.
That is over $50/coin and if you send less than 8 coins your costs go up. The max value of each coin cannot be more than 3,000 USD (so great for '23 halfs but no way for 1930 pennies).

*Nothing in life is free.

[stevo1962]

I usually send 20-30 coins in a batch and have only used Eric because of the convenience
factor and have had no problems at all.He is very helpful and I would recommend his services

[oh my florin]

My recommendation would be either through Eric or Walter for PCGS submissions. Would anyone know of a dealer with NGC submission privileges?

[serial]

Remember that using a 3rd party may seem more expensive but you have to factor in the insurance cost of your coins when sent. Dealers often hold insurance policies from brokers that cover their packages in general so they get a massive price break compared to what we pay through Australia post and their policies are easier to claim against should something go wrong. If you have a trusted dealer nearby then it may be more cost effective using them

[nealeffendi]

My recommendation would be either through Eric or Walter for PCGS submissions. Would anyone know of a dealer with NGC submission privileges?

Perhaps Mark at Strand Coins in Sydney? They slabbed the Benchmark Collection so if there are any NGC affiliated dealers it would be them.

[ausproofs]

My recommendation would be either through Eric or Walter for PCGS submissions. Would anyone know of a dealer with NGC submission privileges?

Try these guys... I have bought some coins from them, good to deal with etc...

86. Numis
P.O Box 302
Moonah, 7009
Australia

Phone: +61 416 2268 44
Email: numismail@yahoo.com.au

Hours: All Hours
Services: Appraisals, Auctions, Collector Sales, Wholesale-to-the-Trade
Specialties: Error Coins, Gold Coins, US Coins, World Coins
Memberships: ANA

[oh my florin]

Thanks neal and aus. I will check them out and see what they can do.

[coxspau]

Thanks for all the advice.

I have yet to determine which coins I'd like to get graded/slabbed. At the moment, I'm not sure that I have much that would qualify or warrant the additional expense.

While this may not be appropriate for the title of this thread, but how do others determine what coins they want graded/slabbed? Is it personal preference, minimum coin value, investment decision, all of the above?

Appreciate the further guidance.

[Goldseeker]

I had seven 2000 Mules slabbed as they are the top $1 error coin at present.   I still have 15 more to be slabbed.

I did it for the sole reason one can handle the coin without leaving finger prints etc on the coins surface.   Finger prints etc can be removed from the plastic case quite easily.  

Further, it is easier to handle the slab rather than the coin.

[ausproofs]

I would only slab a coin if the coin is a high value coin. If a coin is worth $40, I don't see the value in spending $40 to slab the coin.