Would you pay $100 to watch your coin get graded?
Coinstartled
Posts: 10,135 ✭✭✭✭✭
Receive a video of the start to finish process including opinions of the graders and finalizers.
*question is regarding special coins in your collection.
0
Comments
Armed or unarmed?
No.
I think I would for some of the Early Dollars.
No, but not because of the money. Once you have an actual human face / name to apply that could lead to unfortunate ill will if the results were not as I wished. But I would like to see a video of the grading process for a generic coin though.
LIBERTY SEATED DIMES WITH MAJOR VARIETIES CIRCULATION STRIKES (1837-1891) digital album
No
Great transactions with oih82w8, JasonGaming, Moose1913.
Nope!
No That would be an awfully expensive 3 seconds.
The whole worlds off its rocker, buy Gold™.
BOOMIN!™
Wooooha! Did someone just say it's officially "TACO™" Tuesday????
OK...how about fifty bucks and a weekend at a timeshare?
Depending on the coin, many are not graded in 3 seconds. Sometimes it takes 4 seconds.
I'd be happy just to have them not leave my package laying around for about week before entering it in the system.
Edit: I backed off a little just to be nice on Christmas.
Great transactions with oih82w8, JasonGaming, Moose1913.
PS I'll guarantee you would pay $100 to watch three professional graders argue with each other to the point of name-calling while trying to get the perfect grade.
I've wondered why there are times listed for levels. If I submit for Regular it says 15 days but my package may sit unentered in the system for 2 days or a week. It would be more accurate to include those days too.
Look at it from a business standpoint. There are two basic models for turnaround.
Old ("original") Model: Ship everything out as fast as it can go. No break down by value or exposure.
Modern: Charge different prices based on speed & value.
Using the way things are done today, you don't ship out a $12 economy tier coin in 2-3 days even though it is ready. The theory is that it will eventually hurt the volume of coins sent in for faster service at a higher cost. While this works for a big TPGS which probably monitors the tier pricing very closely so submitter's don't get away with anything, that theory usually does not apply to a smaller TPGS.
At the defunct PCI TPGS from 1990 -1994 we once advertized that you would get your coin returned before the "return receipt!" We found that the faster a coin goes out the faster the next batch came in.
PS Something you all might try. At every service I've worked at and with every different tier, I ALWAYS worked on the smallest order first. For two personal reasons:
So, you just might get faster service (within the slower tiers) by keeping an order small. The turnaround time may offset the extra cost of postage.
Not sure about that but I'd certainly pay $100 to watch you and that ja argue over PMD on davids5104's 1899-O
The whole worlds off its rocker, buy Gold™.
BOOMIN!™
Wooooha! Did someone just say it's officially "TACO™" Tuesday????
No... that would be totally uninteresting and a waste of my valuable time. Cheers, RickO
No, not unless there was verbal feedback........even then; I likely wouldn't do it.
Sometimes, it’s better to be LUCKY than good. 🍀 🍺👍
My Full Walker Registry Set (1916-1947):
https://www.ngccoin.com/registry/competitive-sets/16292/
Not interested in the business standpoint because I'm not in the business. I'm a customer.
Not entering it in the system for a week is a play on the turnaround times which start when they get entered...... so, just letting them sit around un-entered is the answer.
Great transactions with oih82w8, JasonGaming, Moose1913.
No, considering I can go (for free) to a PCGS "Ask the Expert" session at a show and get excellent insight into why a coin got a specific grade.
I have already posted my thoughts on that coin and I have absolutely no problem with it being straight graded with a green bean! So JA and I are in 100% agreement.
I've seen many examples of coins as this that were not considered "token damaged." I always considered this to be NOTHING either positive (mint error) or detrimental (contact with something). All my professional life I considered this characteristic to be incidental contact with another coin. However, "PMD" is a term that NEVER EXISTED most of my professional life!
I still believe 100% what I've just posted BUT my mind is open. So far, IMO, nothing has been posted that is even close to convincing me this is a minting error.
I'm still looking for other examples to post but I have almost fifty years of images stored on photographs, photo negatives, slides, disks, and thumb drives with only a little amount of organization until a computer in 2012.
NO
NO NO NO NO NO NO.
I would rather throw a $100 bill in the Ditch.
Does that 3-4 seconds include tha grader's time in saying... NEXT! Or in something else along the lines... Thank God... Not an 1881-s Morgan in the submission!
Experience the World through Numismatics...it's more than you can imagine.
%&$$ no....
Depends on the grader. If it was JA for CAC, we could probably put it on YouTube and hope to recoup enough money on ads
Anyone see the TV Show "Secrets of the US Mint?" Some graders discuss a $20 HR. One "rookie" was way off. It was very embarrassing, but I loved to see him humiliated in a gentle way on national TV.
What if you not only got to watch, but you got to be one of the graders
“Well this here looks like a nice gem with clean surfaces and strong luster. No unseemly distractions, it’s around a 66-67. Oh, I just noticed a large spit spot, so that will take the grade down. Wonder how that got there...”
A very intriguing question! No, I’d probably pass. My coins aren’t worth enough for that service but it would be neat if there was some livestream opportunity someday to have a GoPro or something at a grader’s station and just see how things go.
No
I would pay $100 if I could do an 8 hour shift in the grading room learning
Depends on the coin I’m trying to have graded
Latin American Collection
Only if I get to argue with them
https://www.pcgs.com/setregistry/quarters/washington-quarters-major-sets/washington-quarters-date-set-circulation-strikes-1932-present/publishedset/209923
https://www.pcgs.com/setregistry/quarters/washington-quarters-major-sets/washington-quarters-date-set-circulation-strikes-1932-present/album/209923
Your kidding? No that would buy a nice coin. Plus I upped the monthly check I give wife for my contribution for the joint monthly expenses she pays $100 (to be fair) bc she spent $18,000 on new windows, interior painting and shutters.
Video, no
Brief audio clip, perhaps.
The double duty thing: “Final grader” and “quality control.”
Of course if that was separated then it’d probably add a day to the entire process.
Thanks again for the video @Hemispherical
Maybe combine final grader / QC / Shipping and speed up the process?
Successful transactions with : MICHAELDIXON, Manorcourtman, Bochiman, bolivarshagnasty, AUandAG, onlyroosies, chumley, Weiss, jdimmick, BAJJERFAN, gene1978, TJM965, Smittys, GRANDAM, JTHawaii, mainejoe, softparade, derryb, Ricko
Bad transactions with : nobody to date
Why don't you just ask me if I'd pay $100 to watch sausage be made.
Probably a good idea if we all did.
No thank you.
Would you pay $100 to watch paint dry? I'll send you a video if you send the money.
Keeper of the VAM Catalog • Professional Coin Imaging • Prime Number Set • World Coins in Early America • British Trade Dollars • Variety Attribution
That's NOT the final grader. He does the final QC looking for debris in the slab, fingerprints, label errors, etc. It is absolutely amazing with all the folks checking the slabs that any mistakes happen.
The coin has been seen by the graders and a finalizer before being slabbed. The QC guy is the last "grader" to see the coin.
I imagine occasional fistfights in the grading room would shut this down pretty quickly. Some of these decisions are six and seven figure swings in value. That’s enough to bring a ton of emotion with it.
I might pay extra for notes from the graders but not that.
Thanks for the clarification @Insider2
Successful transactions with : MICHAELDIXON, Manorcourtman, Bochiman, bolivarshagnasty, AUandAG, onlyroosies, chumley, Weiss, jdimmick, BAJJERFAN, gene1978, TJM965, Smittys, GRANDAM, JTHawaii, mainejoe, softparade, derryb, Ricko
Bad transactions with : nobody to date
my Answer is YES because i know my coin worth a couple million of US dollars. But I will not let them graded without signing responsibility of paying the full price of 2 million + if they destroy it. Always NO if the coin is only worth under $ 500. this my coin 1995 Penny on Dime Planchet. unchallenged for over 24 years now.. Only One known 2 popular full complete dates of 1995, 2 LIBERTY, 2 IN GOD WE TRUST, VDB, P mintmark, skull break varieties at Reverse a Monster Crack die varieties, FG initial, e plu, UNITED STATES of AMERICA, ONE CENT, ONE DIME, and many more..
So you'd be happier if it sat in the grading queue a week longer instead of sitting a week in the waiting to be entered queue? Either way adds a week.
Out of a queue of say 100 submissions, who determines which [and for what reason] of those 100 gets graded next?