Getting your coins graded may be an important step in determining their value. However, it can also be a costly process.
The cost of grading depends on the grading service provider, how many coins you want to submit and the type of coin. The costs can range from $30 to $200 per coin.
PCGS
The cost to get your coins graded by the PCGS depends on the number of coins you submit and how much they are worth. You can estimate your coins’ value using the PCGS price guide, but it’s also worth checking with a dealer or company to see how much they charge for grading coins.
PCGS has a grading process that adheres to industry standards. This ensures that your coins are authentic, which can be crucial for collectors and investors.
In addition, the organization offers high-quality imaging of the coins that are graded by them. This feature is useful for identifying specific features of the coins, such as their surfaces.
Like NGC, PCGS has several grading tiers, and the prices for each tier vary by coin type and value. For example, Regular grading for coins worth less than $2,500 costs $38, and Express grading for coins worth less than $10,000 costs $65 with an estimated turnaround time of about 50 business days.
NGC
NGC (Numismatic Guaranty Corporation) is one of the world’s leading coin grading companies. The service offers unbiased opinions on the condition of coins and assigns them a numerical grade.
The numeric grades range from 1 to 70 based on an internationally recognized scale developed in the 1940s. The higher the numeric grade, the better the condition of the coin.
Unlike bullion, graded coins are less susceptible to market price fluctuations. This is because a standardized grading eliminates any uncertainty in the transaction, making it easier for potential buyers to assess the coin’s condition.
If you have a rare coin, it is worth getting it graded and certified by NGC or PCGS. These services have years of experience and offer an unbiased opinion on the condition of your coins.
ANACS
Getting your coins graded by the ANACS, PCGS, NGC or ICG is one of the best ways to protect your investment. These third-party coin grading services use strict quality control standards to ensure the authenticity and condition of your coins.
They also provide a number of important features to help you determine their value and worth. These include the grade of a coin, which is a general assessment of the coin’s condition and appearance; mint errors and flaws; edge damage; and surface preservation.
These companies are a great way to safeguard your coin collection and ensure that you get the best price for your coins. However, it’s important to be aware of the cost of obtaining the grading service before you submit your coins.
Aside from the grading fee, you will have to consider shipping costs. These can be significant, especially for larger items and rare coins. You will have to factor in insurance, too.
Dealers
Coin grading is the scientific-based process of determining the condition of a coin according to a set of benchmarks. This enables dealers to assess its quality.
The cost of getting your coins graded depends on the value and rarity of the coins. The cost is usually much higher for rare coins than for simple ones.
Dealers who grade coins will charge a fee for the service and may also charge for shipping or insurance. Depending on the number of coins submitted and their declared value, domestic postage rates can be anything from $22 to $200.
If you have a large collection, it might make sense to get it professionally graded. This will help you determine the true worth of your collectibles. However, it is important to note that grading services do not necessarily increase the value of your coins.
