I know I will. I was weighing up the pro and cons on sending my coins and medals for grading, but this as made the decision alot easier
Not seeing any news about the change on the NGC or NCS sites, but the value has changed on the fees page. Everyone start emailing to voice their disappointment/outrage over yet another price increase. I'd go straight to Craig Fiumara, [email protected].
I wanted to send my two 1991 Panda medals and the day I get them in the post is the day the prices go up, Thank You NGC
I was being hopeful! Comparing the current order form with the older order form, the only thing thing they have changed is the maximum for world modern, and the form ID number in the lower right. So it was definitely a deliberate shift.
I think that pricing has always been the case for coins over $3,000 in FMV. (?) But the FMV drop from $3,000 to $300 for Modern Tier is pretty extreme.
Fine print *Declared value MUST represent fair market value (FMV) and NCS reserves the right to make adjustments for undervalued items. http://www.ncscoin.com/news/viewarticle.aspx?IDArticle=2527&NCS-services-fees http://www.ncscoin.com/conservation/services_and_fees.asp I am thinking it could be a typo mistake here. Perhaps it is $3000 instead of $300.
Low ... I hope your right about a typo but the source I heard it from is extremely reliable and why would there all of a sudden be a "typo" on a pricing policy that was already on the website? Why would someone be "correcting" the terminology from $3,000 to $300 ? hmmmm ... only the shadow knows
Yea I know what you mean Lim ... there is an SS member from outside the US that is/was preparing to send me some pandas to grade for him but this new price hike might be the "turd in the punchbowl" :| Well hopefully it's just an NCS typo and when I wake up in the moring it was all just a dream. I guess if that happens the entire SS forum will have me tar and feathered for unintentionally spreading malicious rumors
I was suppose to send my lunar and panda thru a dealer in singapore ( i have more lunars over the pandas) I had been dragging my feet over it since last year and U convice me to send it to NGC with all the theories that compare with OMP-PCGS-NGC what to do ... going to stay in their boxes and coa ... Think no more OMP or capsule anymore , going to buy graded one .. any recommendation ?
Hmmmz... This makes sending 1/4oz, 1/2oz and 1oz gold Panda coins very difficult to grade too. Since they will easily exceed the $300 threshold.
Low prices and a monopoly position in a market are strange bedfellows. What we need is some competition. This may open the door to it. Best wishes, Peter Anthony http://www.pandacollector.com
PCGS should get into conservation also There should also be a third competitor! "Panda Grading Coin Services" (PGCS)
Hi Comeaux, True. In the archived version, it was $3000. http://web.archive.org/web/20110206121012/http://www.ncscoin.com/conservation/services_and_fees.asp Does it mean that PCGS will not come up with conservation service, so NGC can do whatever they like?
The free market will eventually self correct (hopefully)... when one supplier gets too expensive, then it may become profitable for a another company to enter the market... competition will lead to lower prices (hopefully).
For example a 400 uss coin have a ncs fee of 20 (1% + 4%) plus xxx grading. Whats is the xxx for grading?
Yes this is true , I tend to like NGC better but this is a drastic price increase espescially after they just increased prices, they really need some competition.
