NGC Bulk Submission - I Sent 320 Washington Quarters from BU Rolls to NGC - How Many Did They Grade?
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- čas přidán 16. 03. 2021
- I did a bulk submission to NGC, let's talk about the grades and price guide value.
The "prequel" to this video: • BU Silver Quarter Roll...
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Ben The Coin Geek
Old Pueblo Coin
This guy is great! We love you Ben!
Congrats dear coin geek for your great and beautiful coin studio you are so awesome and thats why I appreciate you 🥰👍❤🇺🇲🗽🇺🇲so much.
You're more of a Coin Dork, Mr Geek or, perhaps, a Coin Geek * or + or something. I mean that in the most positive way. Enjoy the videos!! Always cut away !
Nice looking Washington Quarters!
Enjoyed the behind the scenes information and seeing these beautiful coins! Thanks!!
Good stuff, Ben. Thanks for bringing that.
Imagine what George Washington would think when he saw people slinging gem quarters around for $50 and $100 a pop. It's hard to get Washington in 66. Everyone should own one bright white Washington gem in their collection simply to have a standard for luster from which all other coins can be compared.
I have a 51 graded 66 with blue and pink and brown toning paid 70 for it
The 1953 S quarters, with a soft strike, have some of the most amazing finishes to them.
@@TheCoinGeek I'll remember that. Thanks for teaching us.
Washington quarters were my first love ❤️ Goes to show how hard it is to get a ms67
These really don’t take a big jump in price until you get to 67+, 67 cac, or nicely toned 67’s
I agree with Ben on quarters that are graded by NGC & PCGS. Always think ONE grade lower than what you hope you will get back. Never had any luck with quarters. Got a few 66's that I thought should have been 67's. Aaaaaaaaarrgghh. 67 is what you want for the $$$$
Yessir
Great video! I am slowly getting into this subject, so far one submission, thanks for educating me on that topic!
Enjoyed that - thank you!
That was an interesting experiment. I quite enjoyed it. Thanks!
And the prices of some of my silver quarters went down, lol JUST KIDDING LOL HEHE!!! Great Video!
😂
Nicely made and interesting video. Thanks for showing.
Fantastic video! Really enjoyed it a lot!
Awesome coins here Ben! Love the bright whites!
AWESOMENESS
Ben, I think the coin you'd want to sell worth big buck$ that's a 53-S is the elusive Franklin half dollar MS "Full Bell Lines" slabbed by PCGS or NGC.
As for silver Washington quarters, you can never go wrong with mint state 32-D's or 32-S's
Thanks Ben, great video and experiment. Good luck with cherry picking the ungraded coins.
Happy St.Patricks Day.The 1st St. Patrick's day parade was held in St. Augustine, Florida in 1601.Nice quarters, your shop is cool
Thanks - happy saint Patricks day. His real name was Maywin Socket
@@TheCoinGeek from slave to saint
What are those bugs doing on your wall? 😁😁😁😁 Informative video...thanks.
Just hanging out!
Time to check my dates and see which ones I'm missing
The New Washington Crossing the Delaware a superb looking coin
Look at you getting all fancy in your vids with graphic overlays and sped up parts. We gonna see a soundtrack next? 😆😆 Hey jk I love your vids. It's Must See TV for myself and my wife 🙂 And about Greysheet roll prices...and their seeming to be "in error"...It's part of the weirdness those prices are. If you look at the fine print they say the rolls must be "original" and are for "typical" rolls. Meaning that if the rolls banks "originally" rolled back when the coins first came out "typical"ly had better grades in them, the roll prices tend more to the higher grades.
You can thank the engineer for making them look better- you didn’t need to see all of it in regular 🐢 motion. I’m surprised he didn’t edit out my corny jokes 🌽
There's a bug on your wall!
It’s amazing video
If and when I visit Tucson I'll be sure to stop by your shop. Love the decorations there. As for this bulk submission... meh. Doesn't really get my whistle wet. I mean to me it doesn't seem worth it for selling purposes unless you were scoring 67's or above. What is the approximate cost per coin for this submission?
Maybe adding a link to the 1st video in the description would help.
Ben, cutting towards you using a box cutter is an OSHA violation 🤣
What was the turn around time on these? If you said it in the video I missed it.
Quarters I like 1932d and s mint the best but up to 1935's are O.K.
So basically you can just send them rolls of coins in bulk submissions and they will take them out and grade them for you?
That’s the cliff notes version- but yes . You need to get a larger percentage of them to meet the minimum grade you request.
I will bulk buy all of the ms66 if you are interested in doing so
I think that graders have a bias toward toned coins, especially Washington Quarters.
What did they end up charging you total for all of these?
Hi Ben, nice vid. Is that a currier and ives litho I see? the road in winter?
Yes - I believe that is the name-
I’ll have to take a closer look 👀
Prob sell them all for 5-6 g. Not bad.
How much did you actually spend on the bulk submission? I have bunch of pennies from BU rolls. I'm curious on the price range. Did you do a video on the Bulk submission form walkthrough?
I'm afraid to look at my Credit card bill! They don't have a special bulk form - you use their normal form.
@@TheCoinGeek so NGC form you have to fill out all the individual coin descriptions? Pcgs the same with bulk submission?
Like 40-60% of the submission have to meet the cut off grade and then it's like $10 or so per coin slabbed, and no charge for the ones that don't make the cut. If you fail to make the "cut" and it's less than the percentage, they charge like $10 for each slabbed coin and $5 for each returned coin, incentivizing you to set the grading bar low enough so that you meet the percentage and if not, then charging you half cost for the ones that dont' qualify for looking at them all.
Looks like 170/360 submitted. Must be at least $1700.00 plus the shipping costs and insurance to and from and whether or not he hit the percentage cutoff to qualify, which I'm not sure what they set it at currently. conservatively I'd say it cost him $2000 to do this all in, possibly more.
@@therock1232100 Yes and no, I mean with bulk submissions, it needs to be a minimum of 100 coins of the same type, and then a maximum of 5 NGC numbers per submission. So like in this case it would be 45D, 45S 53S ect, all being Washington quarters up to a maximum of 5 NGC numbers. you'd need to list how many of each ngc number, and the type. and start a new form for others as it exceeds their rules, like a different type, or a 6th NGC number.
So now send the ungraded ones to ICG. That might be interesting.🤔
Haha they’d all come back 67’s
I once stabbed myself in the sternum with a razor knife while trimming a piece of cardboard. It only takes one variable, one time to do permanent damage!
If I do a bulk buy from your coin shop say 3 or 4 graded coins will I get them all at once ? And only 1 S&H Fee?
We have these
oldpueblocoin.com/product/1945-d-1945-s-1948-s-1953-s-washington-quarter-ngc-ms65-set/
Hi Geek,
I have a doubt to send to certify in bulk submission
Could you help me?
Thanks
Email staff@oldpueblocoin.com
From what I hear from pcgs and ngc employees is that they now give a 69 a 67 and can only give out a couple a week, they scam people now, its really messed up!
Make your videos a little longer. I know attn spans are short but trying to jam 30 min video into 15 or less kinda seems rushed to me but heck who am i....lol. good video tho!
Thanks- there is actually a part two coming out- I need to slow down though- thanks!
@@TheCoinGeek well you may be assuming your talking to people that are more experienced than they are. Like me kinda...take a little more time to kinda explain things that may seem like common knowledge to you but isn't actually. I guess just break things down a little more for those of us that know stuff but aren't exactly advanced in the coin world.
Can’t understand why the BU roll that is most expensive sells graded for the least?
It's part of the weirdness that is "Grey Sheet Roll Prices". If you look at the fine print they say the rolls must be "original" and are for "typical" rolls. Meaning that if the rolls banks "originally" rolled back when the coins first came out "typical"ly had better grades in them, the roll prices tend more to the higher grades.
Ahhh, Whineberg. The coin hobby for years has been the dwelling place for guys like Whineberg, purists, sitting around looking at and contemplating coins in dead silence, socially awkward, and taking it more seriously than if they were setting down in a hot LZ outside of Kandahar. The registry set thing is fun, bulk submissions are fun, seeing if I can find VAM Morgans in the wild, paying more than I should, and then have them attributed and graded, is fun. Yes the TPGs are often wrong, but they also get it right most of the time. I prescribe for the Hobby, and enema of FUN and Cuban Coffee, followed by massive injections of people who can laugh at their own foibles, help each other out where possible, and just enjoy themselves. The next thing he will call for is Gov't regulation of the coin collecting industry, if that happens I am moving to Galt's Gulch.
Perhaps my favorite response of all time! Thanks Doug.
Those registry set are addictive
Sounds like omaha hoard left overs
How many coins a day does one grade? I'd like to know that....
With a constant tsunami of coins arriving- there must be a minimum each grader must produce daily for the business to profit.
Wonder how many pcgs and ngc grade a yr. Is that info public?
I’ve never found exact numbers - but it is hundreds. I bet it’s north of 500 per day/ just a hunch .
@@TheCoinGeek per person?
How many people work there?
Thinking around 100- 200
1953 s is a terribly struck coin
Ive been told by several other folks that “bulk submit” that they never get higher graded coins; ie: above ms-66; goodluck on cherrypicking?
Let’s see 🪙 👀
Sadly Population = 💵 until someone else submits 100 MORE tubes of those same date/mint mark and gets a bunch of MS67 or higher grade.
My GOD man, you spent how much money on placing coins in PLASTIC, that ANY SEASONED collector would know their grade without someone who has less time in life telling you his opinion!..... The HOBBY has become so f***Ed up that trying to make coins relate to the stock market is the biggest hobby rip-off of all times! Sorry for the revelation.