PCGS Slabbing Results are In....And they Suck
maddox
Posts: 320
Sent in two orders for slabbing, this order for 4 Coins just came in, have another order of 16 coins still pending. I had all four coins screened by a local dealer with 25 years experience, another is a collector with 15 years. All coins were examined under a 10/30 binocular microscope. Four seperate and very experienced dealers came to the same conclusion as to the grades we assigned prior to submitting
Here are the coins and what we felt they would come in at
1880 CC GSA - MS64
1892 S - AU
1878 CC MS64
1879 MS65
Here is the results of the slabbing
1880 CC GSA PCGS MS64....... Came in just as expected
1892 S - EF45........We were not sure, but thought the grade should be at least an AU
1878 CC....Body Bag......ALtered Surface....No possible way, to many people examined this coin under high power, coin still has original luster, there is no way.
1879 AU.........This coin was a perfect MS65, possible MS66. How could they possibly come up with AU, no rim dings, no scratches, orignal luster, full cartwheel, ......
They last two coins were a real shocker, never expected the grades to come in so low and in a BB,
Ah crap &%#*%^$(*&%^(&^$...........I'll post picks of these coins when they arrive.............
Now I can't to see the results for the other 16 coins.....
Here are the coins and what we felt they would come in at
1880 CC GSA - MS64
1892 S - AU
1878 CC MS64
1879 MS65
Here is the results of the slabbing
1880 CC GSA PCGS MS64....... Came in just as expected
1892 S - EF45........We were not sure, but thought the grade should be at least an AU
1878 CC....Body Bag......ALtered Surface....No possible way, to many people examined this coin under high power, coin still has original luster, there is no way.
1879 AU.........This coin was a perfect MS65, possible MS66. How could they possibly come up with AU, no rim dings, no scratches, orignal luster, full cartwheel, ......
They last two coins were a real shocker, never expected the grades to come in so low and in a BB,
Ah crap &%#*%^$(*&%^(&^$...........I'll post picks of these coins when they arrive.............
Now I can't to see the results for the other 16 coins.....
" I hoard coins, that's what I do, it's my nature"
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I have been a dealer for 30 years and if I have noticed anything it is that very very few dealers have any clue at all. Looking forward
to seeing your pics. I have seen very few body bagged coins that should not have been. If you cleaned your 92-s, that would explain the
xf45 grade?
Rusty
Sorry results considering you did your homework.
In honor of the memory of Cpl. Michael E. Thompson
With the 1879, I did side by side comparisons with 4 other PCGS MS65's and the 1879 was as nice or nicer than the comparsion coins, again no rim dings, full strike, all the fields and devices were exceptionally clean, almost cameo luster, a rock solid MS65......I think Im going to crack it open and resubmitt under a friends name to see how it would come back....
Oh well, i'm over it now, I get frustrated for about 10 minutes, then I find another coin to buy...
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<< <i>You may want to ditch the use of the 10/30 binocular microscope >>
Tom is right. Once I ditched the "microscopic examine the coins to death approach" I became far more accurate at predicting the grades. Now, at most, I might view them under 5x and than that's only if there's something specific that caught my eye.
<< <i>With the 1879, I did side by side comparisons with 4 other PCGS MS65's >>
That's another thing I learned the hard way. Comparing to other coins that PCGS has graded is a rocket sled to disappointment.
Russ, NCNE
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1839-C $2.50 gold, my grade AU-55, PCGS grade AU-55
1652 small planchet Pine Tree Shilling, Noe-16, My grade EF-40, PCGS grade VF-35
1791 Washington Cent, Large Eagle - My grade MS-63 Brown, PCGS grade AU-58, brown.
1796 dime, My grade EF-40 to 45, PCGS Grade AU-50
1773 Virginia half penny, My grade MS-64, R&B, PCGS grade MS-64, R&B
Getting stuff graded is always a crap shot. Sometimes you win and sometimes you lose and sometimes you break even.
Now my gold quarter eagle didn't cross. Some day I may try again, but for now I will avoid PCGS on submissions based on what I have heard from several dealers. Personally, I would shoot the 78 and 79 in a few months.
Rich
My saga of the 91-CC body bagged for cleaning was put up yesterday. It was my first PCGS submission, and while I hold no real ill will for them, it definitely made me feel pretty crappy and makes me question my ability to look at a coin.
<< <i>coins were examined under a 10/30 binocular microscope. Four seperate and very experienced dealers came to the same conclusion as to the grades >>
sentiments echoed, if they were trying to use a 10/30 bi-scope to grade with, their "experience" sounds questionable!
K S
They make mistakes, but I think we all look at "our" coins as being the exception. That may not be the case here..it is generally true.
I know what you mean, I had kinda prided myself on having a good eye at grading coins, not over, not under, just right where they should be, but the GODS have proven me to be an idiot. (snort).... I think I'll stop playing with coins and go back to playing with Lincoln Logs. Much more fun and helluva lot less expensive.................
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I sent a ngc ms66 morgan to pcgs to cross which then did at ms66. then i cracked it out and sent it in raw and it came back a ms67 (1885 O) so this shows you that they can be wrong or just have a different opinion the next time it comes through.
my .02
tom
and it sets us apart from practitioners and consultants. Gregor
by a Forum Member with more seniority.
Camelot
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in question. If they don't specialize in the particular series, you might know more than they do about how to grade a particular coin in question.
Most dealers move slabs & I don't think are all that knowledgeable about coins, per se. If you work the shows for awhile, you'll get a feel re who knows coins and who is moving slabs.
My eyes really opened wide when I took a Matron Head Large Cent slabbed 65 BN with 20% original RD & a nice for the grade Seated $ slabbed 63 around the floor in Long Beach a year ago. I had a question about color on the Cent (s/b RB by PCGS published standards) and a possible upgrade re the $.
The comments I got were all over the place. The people to whom I paid attention were the copper guys (who told me you need 25% original RD or better to get the RB designation on a new submission), and a few Seated Coinage guys who told me that I wouldn't get the upgrade on the $ because of the Wayte Raymond toning (ie., the coin was not monster toned, nor was it white enough).
In addition to this, you are dealing with the caga*o that Laura mentioned above.
"Seu cabra da peste,
"Sou Mangueira......."
<< <i>While all of us the real world can have our own opinions about grading, we forget, PCGS HAS ITS OWN STANDARDS.
It is US who MUST conform to what THEY want the coins in their holders to look like.
"its what PCGS wants" in their holders >>
Some of us would prefer to "switch" than to "play it again,Sam".
IF, you want to have them slabbed, just wait a bit, and resubmit again. Odds are they will slab eventually. Good luck. Kscope
What was the date of that Seated Dollar in MS63 that you showed around, and is it still available?
EVP
How does one get a hater to stop hating?
I can be reached at evillageprowler@gmail.com
price. At the moment, though, it's a keeper. It has very few marks for the grade.
"Seu cabra da peste,
"Sou Mangueira......."
<< <i>And these guys DO know how to grade (but they too sometimes forget, its what PCGS wants , not them). >>
It's like a teacher at school. It's not about writing the right essay or pursuing truth or whatever. It's writing the report the teacher wants to read.
I have to say that the longer I'm in the hobby the less I feel like submitting anything. I don't mind purchasing slabs, and using CoinWorld slabs for other nice stuff, but I think I'll reserve submissions for only certain things. That way it'll save me lots of money for coins and I can always certify if I want to sell to get a good price.
Neil