QUOTE(HuliganRS @ Jan 8 2007, 10:43 AM) [snapback]292432[/snapback]
I want to get some of my gold, palladium and platinum coins slabbed and graded. Actually mostly slabbed...
Are PCGS, NGC and ANACS still the best? What do they charge for world coins? I know ANACS is about $18. PCGS is only via a dealer and their collectors club and what about NGC?
Thanks!
Rusty.
Many on this forum are numismatists who are rather scornful of slabbing.
But I have been where you are. I really am in this for reasons of history and want safe storage and the best guarantee of authenticity possible for me.
I've mentioned here my old story of my superb supplier of Russian platinum three ruble coins, in business for 40 years and in the third generation of family ownership.
When approached about buying another coin, he told me to not buy a thing unless slabbed. He said to have any dealer you buy from slab the coin prior to sale - which is what I now do.
He said to go NGC because it is faster - and it is still pretty slow to me. So I sent in my four very nice platinum purchases from him earlier, and NGC rejected all - saying they could not certify authenticity. After having had the coins for some time, the dealer took them back, but so much for what should have been very substantial appreciation. Amusing long after the fact.
After tha experience and other bad times with Russian fakes and coins that could not be slabbed, I slashed and burned my collection. Everything is NGC slabbed, except for one PCGS. A very small collection.
A very big plus for NGC: It has an affiliate that conserves coins. Any time I will submit a coin in the future, it will be through this service first, in case NGC will not slab the coin for some reason, such as for cleaning or dings or whatever. You have a coin conserved and determined to be authentic and in a slab, but labeled with whatever the problem is or just labeled as being authentic. This is low cost and relatively fast, if you only do the conservation.
However, I do not care for the process of slabbing and will drop my membership in the collector's society, since the website is not good, the newsletter silly, and the slabbing process unpleasant.
From what I hear, PCGS-graded coins command the highest price, with NGC second. ANACS cost lots less and is very fast. One ANACS coin of mine was reslabbed by NGC at a lower grade. I understand PCGS is the slowest.
I will now only buy coins slabbed by PCGS or NGC, which have slabs of the same size. For your needs, I might just go with ANACS.
Good luck!