NGC Announces Changes To Submission Forms, Fees
Posted by Adam King on April 12, 2013
The Numismatic Guaranty Corporation (NGC) has revised its coin submission forms as well as its fees for accepting, handling, authenticating, grading, slabbing and returning rare coins. This move comes only a short time after its key competitor, the Professional Coin Grading Service (PCGS) did the same, and it appears as though NGC’s price changes are now quite as much of an increase as those from PCGS.
NGC’s “Economy” category is $17 per coin, a ”Modern” coin submission is $14 and the ”Early Bird” submission program costs $30 per coin. These fees are unchanged from previously. The “Economy” category has a $300 maximum per coin stipulation, as it did in the past, but a notable change is that gold bullion coins are no longer accepted.
The next change individuals who study the new fee schedule will notice is the maximum coin value of $2,500 that has been attached to the “Modern” and “Modern Special” coin categories. The “High-Value Walkthrough” coin submission program’s maximum limit has been lowered from $500,000 to $250,000. This lower limit also applies to submissions to the “World Coin” category.
Coins that are labeled as “Mint Errors” and “Variety Plus” submissions now cost $15 each instead of $12, while the “NGC Photo Vision” program was reduced from $25 to $15 per coin. Re-slabbing coins that have previously been graded will cost a little more starting April 1.Depending on the coin and submission program purchased, re-slabbing coins could cost anywhere from $10 to $45 each.
For the complete NGC pricing guide please visit www.NGCcoin.com. If you would like buy/sell quotes for NGC coins feel free to contact the Certified Gold Exchange toll-free at 800-300-0715 or request some of our free literature using the links below.
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I had a very good experience with Certified Gold Exchange and I highly recommend anyone considering a IRA Rollover into precious metals, talk to David White at Certified and do business with them. They are honest and will have your best interest as their concern.. David took care of my needs completely with honest and fair pricing. I shopped around and decided on Certified.
Thank you David and Pat for educating us on the gold and silver markets. Pat especially helped us thru our first purchase of silver.
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Certified Gold Exchange, Inc. is a highly professional firm that was a pleasure to do business with. It provides fast and accurate service. The firm went out of its way to be helpful on a number of key issues. I highly recommend them. I was extremely lucky for several reasons to have called the Certified Gold Exchange, Inc. when I was ready to sell my gold and silver coins. When I called the firm, Liam on the service desk explained that they scan hundreds of gold dealers to get me the best price. That was very comforting.When I spoke with coin dealer David White, he was able to give me a quote in 3.5 hours. He also explained the importance of shipping my coins via registered mail with the Post Office. David said that the Post Office requires a registered box to be sealed with brown paper tape to prevent tampering. David emailed me links to sites that showed the right tape to use and how to seal the box. He called several UPS stores in my neighborhood to try to find the tape for me. In the end, I bought the tape from the Post Office. David explained that while Fedex and UPS would ship the coins, since they are not allowed to ship gold or silver, I would have no recourse if my coins were lost. David even gave me his home number so I could reach him after hours if necessary.My experience with Certified Gold Exchange, Inc. stands in stark contrast with how two other coin brokers responded. The firm from which I had bought most of my silver coins never called me back. On November 13 when I called the broker from whom I had bought most of my gold coins, I couldn't get through on the phone. So, I emailed them and it took 5 days for them to respond! The broker didn't give me a quote until December 2 -- and then only for some of the coins! He said he would tell me what they would pay for the other coins after I shipped them!In addition, that broker explained that one of their customers had lost all their coins valued at $22,000 because the box was tampered with and they had failed to insure them for the full amount. However, I knew by then that if the firm had told the customer to ship the coins via registered mail as Certified Gold Exchange, Inc. does, the box could not have been tampered with.So, Certified Gold Exchange, Inc. is the only gold and silver dealer I recommend. The level of service is truly remarkable.
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