PCI Grading

Gaudens

Happy Thanksgiving to all !

Can anyone comment on PCI Slabbed coins ?

My experiences have been that they have graded all my submissions very conservatively.

Also, how much of a reduced value does a Red Slabbed Problem Coin Realize in the market.

I just received back from PCI a $10 Indian 1926 coin Slabbed "MS 63 Scratched" in a Red Holder. The coin is a beauty but unfortunately has a small scratch across the chin. BTW... PCGS refused to slab this coin. It came back "whizzed" or "Cleaning"

Your thoughts are appreciated.

merz2

Gaudens
Most collectors wouldn't want a problem coin.There are just to many still available,that aren't scratched.PCI slabs have been questionable lately.Most would be suspect these days.

braddick

First order of business: Welcome! You're joining the CU forums at a good time.
Secondly, a search under a a key word, such as "PCI" will lead you to many Threads on the topic of PCI grading (or, the lack thereof!).

If you're happy with your coins inside PCI holders, that's what is importantly. Although down the road you've got to ask yourself, if you ever plan on selling any of them: Will OTHERS (Collectors or Dealers) be as charmed?

Lately the resounding answer to that has been, 'No'.

RLinn

Welcome aboard. You will find all here have had coin mistakes and coin sucesses. Its just that some will not speak of their mistakes and most will so all can learn.

goose3

I think it's fairly safe to say......be careful buying any coin holdered the newer slabs (gold ones included).

The older slabs IMO tended to be properly (if not conservatively) graded.

Link to difference in OLD V. NEW

darktone

Gaudens welcome to the forum! PCI coins trade at a big discount compared to the coins graded by the big 3 (PCGS,NGC,ANACS). As you have found out they will slab coins that PCGS or NGC won't or ANACS would net grade. PCI does overgrade consistently! This is good for the dealer trying to make a buck but for the uninformed it is not so good when buying as alot of money can be lost if the coin is not properly graded. mike