PCGS Ancients starting
Zwiggy
Posts: 45 ✭✭✭
This is great to see! The more interesting thing here is the 10 point grading scale… I personally am all for it…
The downside, it seems to only be for Chinese cash coins to date.
To quote
“PCGS is thrilled to announce our expansion into grading ancient coins. Starting today, we are authenticating and encapsulating select Chinese cash coins from the Qing Dynasty era,
available exclusively at our Shanghai office. We are also offering something no other
third-party grading service has done: A comprehensive guarantee on ancient coins,
covering both the grade and authenticity.
With the addition of this service line, we are also introducing a new 10-point grading scale for
ancient cash coinage. Explore qualifying coins, the PCGS Ancients Guarantee, and this new grading scale.“
Comments
10 point grading scale ... why?
Authenticity guarantee ... I hope the "experts" really are experts.
I haven't read the announcement, but hopefully not the same 10-point scale as cards and comics. That's not actually a 10-point scale.
Why? Probably to use one different from NGC.
As usual with ancients and hammered coins in general, grading is irrelevant. 5, 10, 100 points, it isn't useful. Guaranteeing authenticity, on the other hand, is useful. If only the coins were actually ancient and not modern, as these Chinese coins are.
The ten point system sank like a rock at NGC. Authenticity is useful, if they have the ability experts to authenticate them.