Quick Answer: Why Are PCGS Graded Coins More Expensive Than NGC Coins?

Are certified coins a good investment?

Certified gold coins are well worth the cost, but many investors actually recommend having both certified coins and gold bullion.

Diversification is the name of the commodities game after all.

If you invest in both, you not only diversify your financial portfolio with precious metals but also within precious metals..

Is it OK to clean old coins?

In general, old coins should not be cleaned. While you might think that getting all the years of dirt and grime off a coin would make it more valuable, the opposite is actually true! By cleaning a coin, you may actually damage it and decrease its value. At worst, you could permanently damage the coin.

Which is better NGC or PCGS?

PCGS is slightly older than NGC, PCGS has been in business since 1985. … Just as there are some collectors who simply prefer coins certified by NGC, there are some who are more partial towards PCGS. Today, PCGS is trusted as one of the world’s most reliable coin grading services.

How much does it cost to have a coin graded by NGC?

NGC Announces New Submission Forms, Revised Services and FeesGrading TierFee (per coin)Turnaround (Est.)Standard$3520 working daysExpress$755 working daysRarities$1505 working daysUltra Rarities1% of value5 working days2 more rows•Mar 5, 2013

Does grading coins increase value?

The cost of grading is more than what you stand to gain by getting your coin graded. While this applies to coins that are worth only a little bit more than the cost to grade, it can also apply to some higher value coins that have very small differences in values as their grades rise.

What is the most reputable coin grading service?

The Professional Coin Grading Services (PCGS) and the Numismatic Guaranty Corporation (NGC) are rated as “Superior” by the Professional Numismatists Guild. Coins graded by PCGS or NGC are accepted in the marketplace at their stated grade.

How do I send coins to PCGS grading?

Package your coins with bubble wrap or Styrofoam to cushion your prized coins en route to PCGS (please refrain from using unusual packaging).Place the coins on a sheet of bubble wrap.Carefully wrap the bubble wrap around the coins.Securely tape the bubble wrap in place.

Can you clean old coins with Coke?

Simply place one coin in a glass or tub and pour coke over the top, enough so that it is fully submerged in the liquid. Leave the coin to soak for about 5 minutes or so and then check on its condition. If you feel that it needs longer, you can soak it for up to 15 minutes.

What does it cost to grade coins?

Coins can be dropped off at our showroom Monday to Friday 9:00 am – 4:30 pm, or you can send the coins to us at P.O. Box R345 Royal Exchange NSW 1225 (minimum submission is five coins)….Grading Fees and Insurance.Service LevelMax Coin ValueCostREGULAR$2,500$70ECONOMY (non-gold)$300$501 more row

Where can I get my coins appraised?

You can get an appraisal of the more valuable coins in your collection from a dealer authorized by the PCGS; find members in your area at http://pcgs.com/dealers/.

How much does it cost to get a coin graded by PCGS?

2020 PCGS Collector Services & FeesSERVICE LEVELPRICEEXPRESS$65REGULAR$35ECONOMY (Non-Gold, Non-Hammered) (World patterns and Chinese portrait/dragon/fantasy dollars must be submitted at the Regular Service Level or higher.)$22MODERN (1965 to date)$1618 more rows•Jan 2, 2020

Is it worth getting coins graded?

The more valuable the coin is, the more it costs to have it graded. … 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.

Does toning affect the value of a coin?

Coin toning can intrinsically increase or decrease the value of coins. Natural coin toning can be quite beautiful. It can also be outrageously ugly. And because beauty is often times in the eye of the beholder, placing a value on a coin due to its toning can present problems.

How do I get my coins graded?

Follow these 3 simple steps to get started.Become. a Member. Join the NGC Collectors Society* to get direct submission privileges, … Select a. Grading Tier. Choose a grading tier based on coin value and desired turnaround time. Select additional services that may apply. … Submit Your. Coins. Fill out the NGC submission form.

How do I submit coins to PCGS for grading?

PCGS offers two different ways to submit coins either by (1) joining the Collectors Club or (2) going through a PCGS Authorized Dealer. Both will get your coins graded.