The cost of having a coin graded varies depending on several factors, including the chosen grading service, the coin’s value, and the desired turnaround time.
Here’s a general overview of factors affecting costs:
- Grading Company: Major grading services like Professional Coin Grading Service (PCGS) and Numismatic Guaranty Corporation (NGC) have different fee structures.
- Coin’s Value: More valuable coins often incur higher grading fees due to the increased security and expertise required.
- Service Level/Turnaround Time: Expedited services with faster turnaround times typically cost more than standard or economy options.
- Additional Services: Services such as special labels, variety attribution, or conservation will add to the overall cost.
- PCGS requires membership in their Collectors Club, with annual fees ranging from $69 to $249 depending on the tier.
- Grading fees per coin range from $22 for their Economy service (for coins valued at $300 or less) up to $150 for their Walkthrough service (for coins valued up to $100,000).
- A $10 handling fee applies per submission, plus return shipping and insurance costs.
- NGC also requires membership, with annual fees starting at $25 for an Associate membership.
- Grading fees per coin range from $23 for their Economy service (for non-gold coins struck before 1990 and valued under $300) up to $80 for their Express service (for coins valued under $10,000).
- A $10 handling fee applies per submission, plus return shipping and insurance costs.
- High-value coins, rare or key date coins, and those in exceptional condition often benefit most from grading, as certification can significantly enhance their market value and liquidity.
- However, for low-value, heavily worn, or damaged coins, the cost of grading may exceed the potential increase in value.
- It’s crucial to research the market value of your coin and compare pricing structures from different grading services to make an informed decision.
- Consider the potential return on investment before deciding to grade a coin.
- Some services offer bulk submission discounts or have programs with dealers that might reduce per-coin costs.
How much does NGC charge to grade coins?
NGC (Numismatic Guaranty Corporation)
Their $25 annual Associate membership makes professional grading accessible to new collectors. Standard grading costs $40 for coins valued up to $3,000 with a 16-35 day turnaround. Economy grading at $23 covers non-gold coins minted before 1990, perfect for common vintage pieces.