Pcgs Cert

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  • Enter a note’s PMG certification number (circled in the image) and grade to confirm its description and grade in PMG’s database and, if available, view the images of the note taken by PMG. For notes that have a grade of 1 to 70, enter the certification number, select the numeric grade in the dropdown menu and click “Go.”.
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Quick Introduction: Grading, which is also called certifying, slabbing, holdering, rating, or encapsulating, is when an independent third party views a coin in person and gives it a numerical grade between 1 and 70 based on its condition. The higher the grade, the more the coin is worth. High grade coins are rarer than low grade coins. Collectors pay more for coins in higher grades. The two most trusted coin grading companies are NGC in Sarasota, FL and PCGS in Newport Beach, CA. Those are the only two companies Coinappraiser.com uses to grade coins.

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We Can Assist With The Grading Process

We send tens of thousands of coins out to get graded on an annual basis. Because we do such a large volume of business, the grading services give us better rates and faster grading times than the average submitter. We also have decades of grading experience that we can put to work for you so you know which grading service is the best option or even if grading is the correct decision. We never charge a fee for our time or service. We charge you the exact discounted cost of grading.

“the grading services give us better rates and faster grading times than the average submitter”

Please watch our video for a little bit more information about our grading consultation services and how we can help you get your coin graded as highly as possible.

Why Do People Get Coins Graded

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Coins are valued based on their rarity and condition. The nicer the condition, the more the coin is worth. If a dealer is selling a coin then he wants the buyer to think the coin is as high grade as possible because then he can charge more. Most collectors don’t have the experience or knowledge to know exactly what a coin will grade. Back in the old days the buyer just had to take the dealer at his word and often times dealers made tremendous profits by misrepresenting the grade of a coin. As you will see below, there can be huge price differences between the same coin in different grades. Coin grading services came into existence in the 1980s. They offer unbiased opinions on the condition of coins. The two largest grading services, NGC and PCGS, have graded almost 70 million coins since they opened about 30 years ago. They don’t appraise the coins or assign them a value. The graders simply give the coins a numerical grade and it is then up the market to decide what the coin is worth.

PCGS Filter Applied. Guaranteed Delivery. ESTATE SALE OLD US COIN PCGS NGC GRADED 1 SLAB LOT SILVER GOLD 10 YEARS+.

Not All Coins Are Worth Grading

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The most common question we get from first time buyers and sellers is “should I get my coin graded?” There is a very long answer to that question. The short answer is that is just depends on what your coin is currently worth and what it would be worth once graded. Our advice is to only get coins graded if you think the cost of grading is less than how much extra value grading will add to the coin.

Example: You have a 1921 $1 Morgan silver dollar in what appears to be mint state condition. That coin probably sells ungraded for about $30 (assuming silver is at $20 an ounce). Here is what that coin is worth in the following grades if graded by PCGS or NGC: MS60-$35, MS61-$35, MS62-$35, MS63-$45, MS64-$55, MS65-$140, MS66-$575, MS67-$10,000.

In the example above, you are only getting a return on your (at least) $20 grading fee if it grades as a 65 or higher. There is certainly no guarantee you would get a 65 or higher. Obviously if you have the best of the best and get a 66 or 67 then you are getting a tremendous return on your investment. If we send in a group of 100 very nice looking uncirculated 1921 Morgans, we will probably mostly get 63s and 64s, with maybe four to six coins in the 65 and 66 range.

How Much Does Grading With PCGS or NGC Cost?

In order to send a coin to NGC or PCGS you first must pay to be a member of their submission club. Annual memberships start at $39 or $69 and go up from there based on what service level you require. In addition to the paid membership, you also pay a fee per coin. The more valuable the coin is, the more it costs to have it graded. Grading a common coin worth $150 costs $20. Grading a rare coin worth $50,000 costs $125. It is a much better value to get expensive coins graded than it is to get common coins graded. That is why you see most coins worth over $5,000 in grading holders and why you don’t see a lot of low value graded coins. When determining if the cost of grading makes sense you also need to factor in shipping and insurance expenses to get the coin to the grading service and back. Shipping times can be up to one week each way and the grading service will probably have the coin in their possession for at least a couple of weeks. So while sometimes grading can be a great decision, you still want to make sure the time and money involved is going to pay off.

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How To Send A Coin In For Grading

If you choose to send a coin in for grading on your own rather than using our assistance then you will want to visit the website of your grader of choice. They will have specific instructions. The basic process is that you:

  1. Pay To Join A Submission Club
  2. Fill out the paperwork required to identify the coin and provide an insurance value
  3. Package the coins according to the grading company’s standards
  4. Include a check or credit card info to pay for the grading
  5. Send the coins into the grading company
  6. The grading company has the coins for a least a couple of weeks
  7. You get the coins returned to you and they are now in a plastic holder with their assigned grade

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Getting A Coin Graded Doesn’t Automatically Make It Worth More

The biggest misconception about grading is that grading a coin makes it automatically worth more than if it were ungraded. As an example, if you have a nice looking XF barber quarter, it doesn’t become worth more just because PCGS calls it an XF 40 and puts it in a holder. All that does is make the coin easier to sell. There are certain extreme levels where a coin gets an especially high grade and it is suddenly worth much more than if it was ungraded. However, the majority of coins are graded just so the buyer and seller can comfortably agree to a value based on prior sales prices of coins in the same grade.

Professional Coin Grading Service
PCGS
IndustryRare coins
FoundedCalifornia, U.S. (1985)
FoundersDavid Hall, Silvano DiGenova, Bruce Amspacher, Gordon Wrubel, Van Simmons, John Danreuther, Steve Cyrkin[1][2][3]
Headquarters1610 E. St. Andrew Place, Suite 150, Santa Ana, California 92705
Worldwide
ProductsCoin certification services and supplies, memberships and subscriptions
ParentCollectors Universe
Websitewww.pcgs.com

Professional Coin Grading Service (PCGS) is an American coin grading, authentication, attribution, and encapsulation service founded in 1985. The intent of its seven founding dealers, including the firm's former president David Hall, was to standardize grading.[4][5] The firm has divisions in Europe and Asia, and is owned by parent company Collectors Universe. PCGS has graded over 42.5 million coins, medals, and tokens valued at over $36 billion.[6]

History[edit]

PCGS was founded in 1985 by seven dealers, including the firm's former president, David Hall. The founders' intent was to establish definitive grading standards, backed by a guarantee of grading accuracy.[7][8][9] PCGS began operations on February 3, 1986.[10][11] The firm has since started grading foreign coins and established divisions in Europe and Asia, and was purchased by Collectors Universe.[12][13]

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Services[edit]

PCGS certifies most U.S. and foreign coins, which consists of grading, authenticating, attributing, and encapsulating them in clear, airtight plastic holders. PCGS services include special label programs, 'First Strike' designations, True View (high quality photography), conservation, and tiered certification (priced according to values and turnaround times). Coins that are improperly cleaned, doctored, damaged, or otherwise impaired will not be numerically graded by PCGS, but upon request will still be authenticated and given verbal 'details' grades.[14][15]

Coin holders[edit]

The PCGS holder (aka slab) is made of clear, inert plastic and is stackable. Anti-counterfeiting measures include a hologram on the back, markings within the holder, and Near Field Communication (NFC) chip embedded in some holders.[16] Printed on the front of the blue paper insert is the coin's type, denomination, grade, attribution, pedigree (if any), serial number, Universal Product Code (UPC), and other pertinent information.[17][18] First-generation PCGS coin holders are smaller and lack the raised stackable edges of later issues. Their insert was printed on plain white paper. In some of these early holders, the coin will be loose enough to produce noise when the holder is handled, thus their 'rattler' nickname.[19][20]

PCGS was at one point named the official grading service of the Professional Numismatic Guild; during that time, the PNG logo was included on the holder. This design was replaced with a different one when PNG switched their affiliation to NGC.[21]

Population report[edit]

PCGS maintains a census of all coins they have graded since their inception, revealing each issue's grades, variety, designations (such as 'prooflike' for Morgan dollars and 'full bands' for Mercury dimes), and other significant information. Access to this report is free and updated daily on their website, though a discontinued hardcopy version was published at monthly intervals.[22][23]

Analysis of the population report, and a similar report published by NGC, has allowed rarity estimates to be made of specific coins. Over time these two data bases have revealed some coins once thought rare to be remarkably common, whereas others thought more common have shown to be likely few in number. The population reports are followed closely by numismatic professionals, who recognize that population numbers can be inflated through multiple submissions of the same coins broken out of their holders and resubmitted with the hope of receiving a higher grade. Population figures can also be artificially low due to the reluctance to submit inexpensive coins—for a service that may cost more than the coins are worth.[24][25]

PCGS CoinFacts[edit]

PCGS maintains CoinFacts, the 'single source of information on U.S. coins.' The free site publishes information about all federal and most non-federal U.S. coin issues, including their rarity statistics, PCGS Price Guide values, population data, public auction performances, die varieties, and photographs.[26][27]

Price guide[edit]

PCGS publishes a free, partial online list of U.S. and foreign coin values. The values listed are for PCGS-certified coins and are compiled from dealer advertisements and price lists, auction prices realized, and trade show transactions.[28][29]

PCGS Set Registry[edit]

In 2001, PCGS established its free Set Registry program, which includes an online leader board that allowed collectors to compete against each other in thousands of potential sets composed of PCGS-graded coins. More than 113,000 sets are hosted.[30] Each coin in a set is given a value computed by its relative scarcity.[31] A version of the Registry is also maintained by PCGS' main competitor, NGC.[32]

Dealer survey[edit]

A survey of major coin dealers, conducted by the trade associations the Professional Numismatists Guild (PNG) and the Industry Council For Tangible Assets (ICTA), revealed the dealers' 'Superior' rating for PCGS, the highest given for any service. Of the other 10 grading services evaluated in the survey, only the Numismatic Guaranty Corporation (NGC) also received the 'Superior' rating. Survey respondents were asked for their professional opinions to evaluate 11 grading services based on 12 different weighted criteria, such as grading and authentication accuracy. Each category was ranked by the respondents on a 10-point scale ranging from the lowest, 'Unacceptable', to the highest, 'Outstanding'.[33]

Great Collection

Controversies[edit]

In 1990 the Federal Trade Commission filed a civil action against PCGS alleging exaggerated advertising claims. A settlement was reached in which PCGS did not admit wrongdoing but agreed to submit its advertising for review for five years, and include a disclaimer in its ads.[34]

See also[edit]

References[edit]

Pcgs Certification

  1. ^'Coin World - The founders of PCGS are taking questions'. freshpickeddeals.com. coinworld.com. Retrieved 2016-07-20.
  2. ^'PCGS co-founder dies'. numismaticnews.net. http://numismaticnews.net. Retrieved 2016-07-20.External link in publisher= (help)
  3. ^Hall, David. 'The Story'. pcgs.com. PCGS. Retrieved 2016-08-10.
  4. ^Laibstain, Harry. Investing, collecting & trading in certified commemoratives: an in-depth analysis of gold & silver issues 1892-1954. DLRC Press, 1995, p. 1-134.
  5. ^Travers, Scott A. (2010). The Coin Collector's Survival Manual (7th ed.). New York, NY: House of Collectibles. pp. 1–432. ISBN978-0375723391.
  6. ^'Total Coins Graded'. pcgs.com. PCGS. Retrieved 2020-01-07.
  7. ^Travers, Scott A. (2010). The Coin Collector's Survival Manual (7th ed.). New York, NY: House of Collectibles. pp. 1–432. ISBN978-0375723391.
  8. ^'The PCGS Story'. pcgs.com. PCGS. Retrieved 2015-09-10.
  9. ^Laibstain, Harry. Investing, collecting & trading in certified commemoratives: an in-depth analysis of gold & silver issues 1892-1954. DLRC Press, 1995, p. 1-134.
  10. ^Travers, Scott A. (2010). The Coin Collector's Survival Manual (7th ed.). New York, NY: House of Collectibles. pp. 1–432. ISBN978-0375723391.
  11. ^'Home page'. pcgs.com/. PCGS. Retrieved 2015-09-10.
  12. ^Travers, Scott A. (2010). The Coin Collector's Survival Manual (7th ed.). New York, NY: House of Collectibles. pp. 1–432. ISBN978-0375723391.
  13. ^'Home page'. pcgs.com/. PCGS. Retrieved 2015-09-10.
  14. ^Travers, Scott A. (2010). The Coin Collector's Survival Manual (7th ed.). New York, NY: House of Collectibles. pp. 1–432. ISBN978-0375723391.
  15. ^'2015 PCGS Services and Fees'. pcgs.com. PCGS. Retrieved 2015-09-10.
  16. ^'PCGS Announces Security Chip-Embedded Slabs To Protect Against Counterfeiting'. pcgs.com. PCGS. Retrieved 2020-01-07.
  17. ^'Fake PCGS Slab Diagnostics'. http://coins.about.com/. about.com. Retrieved 2015-05-21.External link in website= (help)
  18. ^'PCGS Announces'. coinweek.com. Retrieved 2015-05-21.
  19. ^Travers, Scott A. (2010). The Coin Collector's Survival Manual (7th ed.). New York, NY: House of Collectibles. pp. 1–432. ISBN978-0375723391.
  20. ^'Home page'. pcgs.com/. PCGS. Retrieved 2015-09-10.
  21. ^'PCGS Announces'. coinweek.com. Retrieved 2015-05-21.
  22. ^'A Close Look'. coinweek.com. Coin Week. Retrieved 2015-05-21.
  23. ^'Population Reports'. coins-n-medals.com. coins-n-medals.com. Retrieved 2015-05-21.
  24. ^'Population Reports'. coins-n-medals.com. coins-n-medals.com. Retrieved 2015-05-21.
  25. ^Travers, Scott A. (2010). The Coin Collector's Survival Manual (7th ed.). New York, NY: House of Collectibles. pp. 1–432. ISBN978-0375723391.
  26. ^'PCGS Retro Label, FREE CoinFacts Part of 30th Anniversary Announcement'. coinweek.com. Coin Week. Retrieved 2016-02-24.
  27. ^'CoinFacts Website Tour'. pcgscoinfacts.com. PCGS Coin Facts. Retrieved 2015-05-21.
  28. ^'PCGS Coin Price Guide'. coinnews.net. coinnews.net. Retrieved 2015-05-21.
  29. ^'Price Guide'. pcgs.com. PCGS. Retrieved 2015-05-21.
  30. ^'PCGS Set Registry®'. PCGS. Retrieved 2020-01-07.
  31. ^'Organize Your Coin Collection Online With the Free PCGS Set Registry'. coinworld.com. Coin World. Retrieved 2015-05-19.
  32. ^'What is a coin set registry?: Collecting Basics'. coinworld.com. Coin World. Retrieved 2015-05-19.
  33. ^'PNG, ICTA Announce Results of 2006 Grading Services Survey'. pngdealers.org. PNG. Archived from the original on 2015-09-21. Retrieved 2015-08-05.
  34. ^'Coin Grading Complaint - New York Times'. Aug 17, 1990. Archived from the original on November 7, 2012.

External links[edit]

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