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Sending PCGS gold shield slabs for regrading

Has anyone had any luck sending in gold shield slabbed coins for regrading if you didn’t agree with the grade on slab ? I heard they were pretty strict on grade with the gold shield slabs “what it is what it is” ! They won’t bother to upgrade even if they believe it worth an upgrade …

Answers

  • JabshierJabshier Posts: 27 ✭✭

    @MFeld said:
    I think what you heard is preposterous.

    Thanks for taking the time to answering that

  • GoldminersGoldminers Posts: 3,585 ✭✭✭✭✭

    If you think the grade should be higher, crack the coin out and send it in raw for grading. Keep in mind probably 3 graders already decided the grade is reasonable.

    I recently sent in three MS69 coins for reconsideration, and all were denied upgrades. I still felt they were excellent, so I cracked them out and sent them in raw and two of the three upgraded to MS70.

    In some cases, I suspect it is harder to view the coin in a holder for upgrading, so there could be some conservatism involved, especially deciding between 69 and 70.

    I don't think the kind of holder regular, or gold shield is any consideration.

  • JabshierJabshier Posts: 27 ✭✭

    @MFeld now what if someone was to crack a coin out of secured plus or gold shield holder and resubmitted that coin for grading ? Say they dipped the coin before submitting it back for grading the coin is brighter but still same coin (contact marks and so on) would they award it the same grade if they run it through scanner ?

  • JabshierJabshier Posts: 27 ✭✭

    @Goldminers that summed up what I was about to ask (we both posted almost around same time) …. I collect most world coinage mostly focus on German coinage I’m looking at couple of rarer German empire 1 marks (proofs) which a seldomly come across one been graded by PCGS in a gold shield holder however the toning is unattractively hazy !!!! I’m sure a quick dipping would improve the appearance of this coin possibly worthy as an upgrade …. Just wasn’t sure if they would flag the coin and award it the same grade after they run it through scanner

  • MFeldMFeld Posts: 12,020 ✭✭✭✭✭

    @Jabshier said:
    @MFeld now what if someone was to crack a coin out of secured plus or gold shield holder and resubmitted that coin for grading ? Say they dipped the coin before submitting it back for grading the coin is brighter but still same coin (contact marks and so on) would they award it the same grade if they run it through scanner ?

    First, I don’t even know if they’d run the coin through the scanner and second, either way, I believe they’d grade the coin as they see it. Coins in Gold Shield holders aren’t precluded from higher grades (or lower ones, if cracked out).

    Mark Feld* of Heritage Auctions*Unless otherwise noted, my posts here represent my personal opinions.

  • PerryHallPerryHall Posts: 45,399 ✭✭✭✭✭

    Perhaps he is confusing the Gold Shield with the Gold Bean (CAC sticker).

    Worry is the interest you pay on a debt you may not owe.

  • TomBTomB Posts: 20,724 ✭✭✭✭✭

    The gold shield level of holder at PCGS uses neither a sniffer nor scanner, if I understand correctly, but does include a TrueVIew image and NFC technology embedded under the paper cert. Currently, all world (non-US) coins are required to be in gold shield holders unless they are submitted under the Modern tier.

    Truly, gold shield is nothing other than a level or grading tier.

    https://www.pcgs.com/goldshield

    Thomas Bush Numismatics & Numismatic Photography

    In honor of the memory of Cpl. Michael E. Thompson

    image
  • robecrobec Posts: 6,603 ✭✭✭✭✭

    If I understand correctly on regrades is they are cracked out of the holder before the graders see it.

  • JabshierJabshier Posts: 27 ✭✭

    @PerryHall , no I wasn’t referring to CAC beans … I was referring if they would rescan coin under the sniffer if I was to crack the coin and dip it before resubmitting it again …. I’ve never cracked out gold shield coin or secure plus coin whatever they want call it … someone told if I submitted the coin chances are system would of flagged it under sniffer (scanner) they would grade it same as it was before …. I had hard time believing that so I came on here ask if anyone had experience in cracks out lately so far it still sounds like the old days regardless of coin or holder you can submit it 100 times it will get graded everytime like every other coin coming in door

  • lermishlermish Posts: 1,916 ✭✭✭✭✭

    I have resubmitted chopmarked trade dollars 2nd and 3rd time and received different results and this must be the easiest possible coins to identify.

  • davewesendavewesen Posts: 5,842 ✭✭✭✭✭

    @robec said:
    If I understand correctly on regrades is they are cracked out of the holder before the graders see it.

    that would explain why stickers disappear sometimes as same coin sells at same grade

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