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Confused about Gold Shield

Kirk222Kirk222 Posts: 477 ✭✭✭✭

Okay, look at this SLQ slabbed with Gold Shield designation. Since it came back cleaned, was the original intent of the owner to request Gold Shield? I don't understand Gold Shield anyway. Do you pay more for that service?
https://www.ebay.com/itm/GOLD-SHIELD-PCGS-AU-DETAILS-1930-P-LIBERTY-STANDING-SILVER-QUARTER-SEP031/402408344718?hash=item5db1680c8e:g:vTMAAOSwcVZfUTD-

Comments

  • TurtleCatTurtleCat Posts: 4,628 ✭✭✭✭✭
    edited September 3, 2020 2:38PM

    Best guess: they thought it would straight grade and did gold shield for the whole order which may have been a large one. And maybe wanted the TrueView pics.

    Yes, gold shield is $5 extra per coin. Same price as a TrueView and you get some extra benefit although I think the benefit is slight.

  • CoinJunkieCoinJunkie Posts: 8,772 ✭✭✭✭✭
    edited September 3, 2020 2:42PM

    Do you pay more for that service?

    It's an extra $5/coin for Gold Shield, but it includes a TrueView. Opting for GS applies it to every coin on the order. One can't do it selectively.

  • keetskeets Posts: 25,351 ✭✭✭✭✭

    this is all at the PCGS website if you look around,middle right side of the linked page.

    With PCGS Gold Shield, each coin is imaged in high resolution, registered, and checked against PCGS’ vast proprietary imaging database. Our Gold Shield system benefits from artificial intelligence and machine learning, helping our graders quickly identify and remove counterfeits from the market. PCGS Gold Shield may then identify lost or stolen pieces resubmitted to us, ensuring your coin’s maximum value. PCGS Gold Shield utilizes PCGS Secure coin grading and authentication services to provide both covert and overt enhanced security features.

    https://pcgs.com/services

  • joeykoinsjoeykoins Posts: 17,469 ✭✭✭✭✭

    Wait a minute, if you indicate you want the Gold Shield option, you automatically get the True View with it? If so, I've been overpaying every submission because I been paying for both. $5 and another $5. Man. :#

    "Jesus died for you and for me, Thank you,Jesus"!!!

    --- If it should happen I die and leave this world and you want to remember me. Please only remember my opening Sig Line.
  • TurtleCatTurtleCat Posts: 4,628 ✭✭✭✭✭

    @joeykoins said:
    Wait a minute, if you indicate you want the Gold Shield option, you automatically get the True View with it? If so, I've been overpaying every submission because I been paying for both. $5 and another $5. Man. :#

    They shouldn’t be charging you for both. Hopefully they did the gold shield and ignored the other.

  • joeykoinsjoeykoins Posts: 17,469 ✭✭✭✭✭
    edited September 3, 2020 11:08PM

    Thanks, I'll have to check my credit card statements. Thanks. If they didn't ignore one, PCGS would owe me over $50. :#
    At least you (OP) aren't alone in the confusion of the "Gold Shield " option. Lol. :)

    "Jesus died for you and for me, Thank you,Jesus"!!!

    --- If it should happen I die and leave this world and you want to remember me. Please only remember my opening Sig Line.
  • joeykoinsjoeykoins Posts: 17,469 ✭✭✭✭✭
    edited September 3, 2020 11:16PM

    @lkeigwin said:
    Building faith in the system is a long term win for everyone.
    Lance.

    Thanks for some more valid information. We submitters and future submitters, need to know all of this, thanks. ;)

    "Jesus died for you and for me, Thank you,Jesus"!!!

    --- If it should happen I die and leave this world and you want to remember me. Please only remember my opening Sig Line.
  • rickoricko Posts: 98,724 ✭✭✭✭✭

    The system is evolving, as it should, and will continue as technology improves. Eventually, grading will be done by AI and be 100% repeatable if the coin remains slabbed, opening the door for true standards. Cheers, RickO

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