NGC Announces New Services and Fees for 2011
Posted on 12/21/2010
NGC has announced its revised services and fees schedule that will go into effect January 1, 2011. While a number of refinements are being introduced across the board, changes that affect tier maximum insurance values, availability of the Scratch-Resistant Holder, return shipping rates and the CrossOver service are most significant. An $8 handling charge per submission invoice has also been added to grading submissions.
In accordance with movement in the price of gold, NGC has raised its maximum insurance value on gold service tiers. Coins valued up to $3,000 each can now be submitted using Specialty Gold and GoldRush service, up from $2,000. World gold coins valued up to $3,000 can also be submitted for World Gold service, up from $1,000. These changes ensure that coins always accepted under these discounted service levels remain eligible.
NGC has eliminated its standard ReHolder service and will encapsulate all ReHolder requests using the Scratch-Resistant EdgeView® Holder. The fee for this service will be $5 per coin, reduced from $10 per coin. The Scratch-Resistant EdgeView Holder is coated in the same UV-cured material that protects eyeglass lenses from scratching. Starting in 2011, it can be requested on any other US tier level for an additional $5 per coin service charge. (It is used automatically on Express and WalkThrough submissions). The Scratch-Resistant EdgeView Holder is also used automatically for all World coin grading tiers except Value and World Modern, where it is available for an additional $2.50 per coin service charge.
Beginning January 1, 2011, NGC will restrict its CrossOver service only to coins certified by PCGS. Coins certified by other services will not be eligible. Coins graded by companies other than PCGS will need to be removed from their holders and submitted using standard service. NGC can perform holder removal when submissions are accompanied by a coin removal consent form [pdf].
NGC has restructured its shipping rates to take greater advantage of newly available discounted services available from the US Postal Service. In many cases, this means that return shipping of coin will be cheaper than in the past. All coins will continue to be sent by Registered Mail, which is the most secure method for shipping items of value, and will be fully insured. A new schedule of 2011 Rates for Domestic US Registered Mail [pdf] is now available.
For additional savings, submitters can, at their request, group multiple submissions for return shipments at no additional cost. Additionally, if submitters have their own account with FedEx, UPS or USPS Express Mail, and have their own insurance arrangements, they can request return shipment by these methods and NGC does not collect any fee for return shipment.
The NGC Multi-Coin Holder will be offered only in combination with NGC bulk grading services, and will no longer be available in combination with Tier grading or as a ReHolder service option.
Discounted submission rates are available to NGC Authorized Dealers and Elite-level members of the NGC Collectors Society. Dealer submission rates for 2011 can now be found on the NGC Dealer Portal after log-in.
Turnaround times are approximate and not guaranteed. Estimated turnaround begins on the day coins are received at NGC.
|Unlimited Value WalkThrough||$600||Same-day service||All U.S. coins. No max value.|
|High Value WalkThrough||$250||Same-day service||All U.S. coins valued at $500,000 or less.|
|WalkThrough||$125||Same-day service||U.S. coins valued at $100,000 or less.|
|Express||$60||48 hours||U.S. coins valued at $10,000 or less.|
|Early Bird||$30||12 working days||U.S. coins valued at $3,000 or less.|
|Specialty Gold||$30||5 working days||All $1 gold, $2.5 gold, $3 gold, $5 Indians, and all better-date U.S. gold. Maximum value $3,000 per coin. No California Small Denomination gold (use EarlyBird). Five (5) coin minimum|
|GoldRush||$25||5 working days||All dates for $5-$10-$20 Liberty; $10 Indian, $20 Saint Gaudens. Also accepting $5, $10, $25, $50 U.S. gold bullion. Maximum value $3,000. Five (5) coin minimum|
|Economy||$17||21 working days||All non-gold U.S. coins valued under $300, and $5, $10, $25, $50 US gold bullion under $300 per coin (no Colonials). Five (5) coin minimum|
|Modern Special||$17||12 working days||All U.S. coins 1955 to present requiring a special label, including Early Releases and Eagle 20th Anniversary. Five (5) coin minimum|
|Modern||$14||12 working days||All U.S. coins 1955 to present. Five (5) coin minimum|
|High Value WalkThrough||$250||A.S.A.P. (usually same day)
Extra research is occasionally required on more esoteric items
|All World coins unlimited value.|
|WalkThrough||$125||A.S.A.P. (usually same day)
Extra research is occasionally required on more esoteric items
|All World coins. Maximum value $50,000.|
|Express||$60||48 hours||All World coins valued at $10,000 or less.|
|Standard||$35||10 working days||All World coins valued at $3,000 or less each.|
|Gold||$30||5 working days||All World gold. Maximum value $3,000. Five (5) coin minimum.|
|Value||$19||10 working days||All World coins valued at $300 or less. Five (5) coin minimum.|
|World Modern||$16.50||10 working days||Regular-issue coins struck after 1970 up to $2,000 in value. No patterns, die trials, etc. Five (5) coin minimum.|
|COINS REQUIRING ADDITIONAL RESEARCH
Certain coins valued under $3,000 that require additional research for authentication are NOT eligible for World Standard, Gold and Value tiers. Submit the following coins using World Express tier: RUSSIA, gold and silver coins, dated 1839 and before; RUSSIA, platinum coins, dated 1845 and before; CHINA, gold and silver coins, dated 1932 and before. ADDITIONAL TURNAROUND TIME MAY APPLY.
An $8 handling fee per invoice applies to submissions for the above grading tiers. When none of these tiers are selected and coins are submitted for services only (described below), the handling fee is not applicable.
All of the grading tiers described here are covered by NGC's comprehensive guarantee of grade and authenticity. Any questions you may have about NGC's grading services can be answered by an NGC Customer Service Representative or an authorized member/dealer. These professionals can help you decide which tier or service offered by NGC best meets your needs.
Services for both US and World Coins
|CrossOver||Tier price||According to tier chosen
Ex: CrossOver EarlyBird is 12 working days
|CLICK FOR DETAILED SERVICE INFORMATION. PCGS-holdered coins are reviewed for NGC certification. Coins will be removed from their holders only if they can be graded at the same or higher than your specified minimum grade. Specify “ANY” as the minimum grade to have your coin crossed regardless of grade. Specify “DETAILS” to cross coins with detrimental surface conditions. NGC does not accept MS / PF 70 coins for CrossOver at the same grade. You may not request a higher minimum grade than is on the current holder. Non-PCGS-holdered coins must be removed from their holders and submitted raw.|
|ReGrade||Tier price||According to tier chosen
Economy is 21 working days
|If you disagree with a grade assigned by NGC you may submit the coin for review for a higher grade. Coin must be intact in its holder. Also, choose a grading tier according to coin value and desired turnaround.|
|Mint Error*||Tier price +$10||Tier + 5 working days
Ex: Mint Error Economy is 26 working days
|NGC examines Mint Errors and assigns a designation. Coins will be encapsulated at NGC’s discretion. Choose a grading tier according to coin value and desired turnaround. Mint Error attribution fees apply when this service is requested - regardless of whether or not NGC determines your coin to be a recognized error coin.|
|VarietyPlus®*||Tier price + $10||Tier + 5 working days
Ex: VarietyPlus Economy is 26 working days
|Applicable to US Coins only. Upon request, NGC examines coins for recognized varieties and certifies with applicable designation. Choose a grading tier according to coin value and desired turnaround. VarietyPlus attribution fees apply when this service is requested - regardless of whether or not NGC determines your coin to be a recognized variety. See www.NGCcoin.com/VPvarieties for a complete list of varieties we recognize.|
|*VarietyPlus and Mint Error attribution fees apply when these services are requested – regardless of whether or not NGC determines your coin to be a recognized variety or error coin.|
|Tokens & Medals||Tier price||According to tier chosen (Additional turnaround time may apply)||(World tokens must be submitted on World Coin Submission Form) For a complete list of Tokens and Medals we accept, please see Tokens and Medals Services. Variety attribution included.|
|Oversize Holder||Tier + $25||According to tier chosen||Coins over 45mm in diameter are placed in NGC Oversize Holder.|
|Scratch-Resistant ReHolder||$5||5 working days||A coin in an NGC holder can be submitted for placement in a Scratch-Resistant EdgeView® holder.|
|Designation Review||$10||5 working days||NGC certified coins you’d like reviewed for a particular designation or variety, such as “FB”, “RB” or “*”. There is no designation review servie for Plus. Coins must be submitted for regrading.|
|NCS Crossover||$5||5 working days||Coins encapsulated by NCS are NGC Details Graded.|
|PHOTO PROOF®||Deluxe $50 Classic $40 Passport $25 Paradigm $15 Duplicate $15||Deluxe, Classic & Passport: 10-14 days Paradigm & Duplicate: 5-7 days||Coins you submit for NGC grading can also be digitally imaged and presented by NGC’s PHOTO PROOF. PHOTO PROOF IS AVAILABLE ONLY TO NGC-CERTIFIED COINS.|
|Internet Imaged||$3/coin, applies to all on the invoice||No additional turnaround time||If chosen, NGC provides digital imaging for coins submitted under any of its grading and service tiers at $3 per coin. Applies to all coins on the invoice. Image consists of an accurate internet-resolution “JPG” image of the NGC coin holder’s obverse and reverse.|
|Appearance Review||No Charge||12 working days||A service for review of an NGC coin you believe is over-graded or unattractively toned in a way that makes it unmarketable.|
|Metallurgic Analysis||$75||3 working days||Upon request, NGC performs a composition surface scan. The weight and three most abundant non-trace metals are listed on the certification label. All pattern, essay, trial and mint error coins, tokens and medals.|
NGC reserves the right to charge higher tier rates if a submitted item’s value exceeds the maximum value allowed using the originally selected tier. This also includes instances where the value provided by the submitter is below the coin’s fair market value.