Submissions Available to Collectors Club
by Jaime Hernandez
submissions were closed to Club members last
year due to frequent violations of submission
rules. Improper submissions create a tremendous
bottleneck as our operational staff has to
reconcile each submission. Unfortunately that
closure also penalized the submitters who were
abiding by bulk submission rules. We are going
to re-open the Bulk Submission Service with a
couple new twists.
Before submitting bulk, a club member must sign
an agreement wherein they agree to pay a $75
handling fee and have their coins returned
ungraded for any improper bulk submission (this
fee will be charged to their credit card or
deducted from the payment sent with the
Improper submissions include submitting less
than the minimum quantity of coins and/or
including more than four different date/mint
mark combinations. At PCGS' discretion the
submitter may be contacted and offered the
choice of changing to another submission level
and paying the incremental fee. Fair warning: we
will allow no exceptions on this issue.
Bulk program requirements:
100 coin minimum
No more than four different date or mint mark
Estimated 30-day turnaround.
$10 per coin that makes the minimum grade
assigned by you. There is a 60% minimum. If less
than 60% of the coins do not make your grade you
will be charged $5 each for the coins that
failed to meet the minimum.
The Bulk Submission Agreement Form must be
signed and returned to PCGS before any bulk
submissions. This form needs to be completed
annually and will remain on file with PCGS.
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