NGC Announces Changes To Submission Forms, Fees Posted by James Randolph 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.