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PCGS GRADING AT BALTIMORE SHOW- ONE WORD

wondercoinwondercoin Posts: 16,982 ✭✭✭✭✭
FAIR.


I want to give credit where credit is do. I submitted a variety ANACS-MS63 coin for crossover in Long Beach (a near "five figure" coin) walk-through service. It did not cross, even though I truly believed it was an MS63. Easy solution - crack the coin and show it to PCGS "fresh and raw" at Baltimore (walk through). Well, guess what - it graded PCGS-MS62 and, of course, PCGS properly recognized the variety.

While I am still hopefully that one day the coin will reside in a PCGS-MS63 holder (as it is a solid "liner" coin IMHO), the consistency here was very impressive (especially on the MS62/63 line).

When one hears repeated stories about how coins which did not cross, then do cross when cracked out of holders, it is only fair to also report when the PCGS accuracy is 100% dead on, like in this case. Even though the coin "did not work" for me, good job PCGS! I was impressed

I have not received back many of my coins yet which I submitted in Baltimore, but, from what I have seen and heard on the bourse floor, the grading, IMHO, has been fair image Wondercoin
Please visit my website at www.wondercoins.com and my ebay auctions under my user name www.wondercoin.com.

Comments

  • RegistryCoinRegistryCoin Posts: 5,117 ✭✭✭✭
    image Sung to the tune of "Oh, Susanna"

    Oh, I'm off to go to Baltimore,
    with cash strapped to my knee,
    I need a break from this great board,
    before I go goofy.

    Oh, new toner,
    please let mine grade FT .
    I'm off to go to Baltimore,
    with cash strapped to my knee.

    Thanks for the update, WC. image
  • NumisEdNumisEd Posts: 1,336
    Wondercoin, could you please be a bit more clear? Are you happy or upset that your coin was downgraded?

    Are trying to dress-up your post to seem like a positive post, due to the new board policy? Kinda like the way POW's use to pass messages back and forth.....a secret code?
  • wondercoinwondercoin Posts: 16,982 ✭✭✭✭✭
    Ed: IMHO, my coin is worth as much, if not more, money in the PCGS-MS62 holder than the ANACS-MS63 holder. So, there is no "downgrade here" from a monetary standpoint. Of course, I am dissapointed the coin did not slab MS63 - but, I am impressed with the consistency PCGS showed in seeing the coin both in the slab and as a raw coin at a different major show.

    I am not blinking my eyes at this time spelling the word "TORTURE". image Wondercoin

    PS: Great tune RC!
    Please visit my website at www.wondercoins.com and my ebay auctions under my user name www.wondercoin.com.
  • PushkinPushkin Posts: 2,029 ✭✭✭


    << <i>FAIR >>



    My experience, well, was not the same. However, it is based on a small set of coins and limited dealer contact. After fantastic results last week with the folks across the street, yesterday was not fun. Hope others did better.

    My cat won't get any fresh fish tonight. imageimage

  • Gosh!
    Then do you think it is possible that "The Long Beach Slaughter" was actually just the normal ebb and flow of "good show-bad show" grading experiences, and not the evil, unannounced, PREMEDITATED act of vengence that so many of the crackout players wanted us to believe?!?!?

    This comes as no surpirse to me. There is a pattern to walkthrough grading. Too tight one show, loose the next. Too tight the next show, loose after that. It has been that way for centuries....or at least since walkthrough grading was first available image

    dwood

    "France said this week they need more evidence to convince them Saddam is a threat. Yeah, last time France asked for more evidence it came rollin thru Paris with a German Flag on it." -Dave Letterman
  • dpooledpoole Posts: 5,940 ✭✭✭✭✭
    Wow! I hope somebody tracks that, and flags the next "loose" show for us!
  • Long Beach in 2004 is sceduled to be loose. Book your flights now! imageimageimage
    dwood

    "France said this week they need more evidence to convince them Saddam is a threat. Yeah, last time France asked for more evidence it came rollin thru Paris with a German Flag on it." -Dave Letterman
  • ttt
    PCGS sets under The Thomas Collections. Modern Commemoratives @ NGC under "One Coin at a Time". USMC Active 1966 thru 1970" The real War.


  • << <i>It has been that way for centuries....or at least since walkthrough grading was first available >>



    ANACS started the same day show grading back when the ANA owned it (1991 and prior). The other services followed suit after it was extremely successful.

    Cameron Kiefer
  • wondercoinwondercoin Posts: 16,982 ✭✭✭✭✭
    Pushkin: I saw a number of other submission batches as well. Fair again. I personally went 2/9 on coins I got back today, but, I thought the grades were reasonable as well image

    All the submission companies' table were busy today, best I could see. image Wondercoin

    Please visit my website at www.wondercoins.com and my ebay auctions under my user name www.wondercoin.com.
  • coinguy1coinguy1 Posts: 13,484 ✭✭✭
    Mitch, you said in part "I am impressed with the consistency PCGS showed in seeing the coin both in the slab and as a raw coin at a different major show."

    I'ts not clear to me, from your example, that any consistency was shown. Ok, so PCGS didn't cross the coin from an ANACS 63 holder and then graded it MS62 when it was submitted raw. But, how do you know PCGS saw it as an MS62 when they refused to cross it? Perhaps they saw it as a 61 or a 58?

    Under their new policy, PCGS will let submitters know the PCGS grade for coins that don't cross. But, that wasn't the case when you submitted the coin in question, was it?


  • RussRuss Posts: 48,514 ✭✭✭


    << <i>When one hears repeated stories about how coins which did not cross, then do cross when cracked out of holders, it is only fair to also report when the PCGS accuracy is 100% dead on, like in this case. >>



    Yeah, good thing the graders couldn't possibly remember a near five figure coin they had just seen when it was in an Anacs holder so there couldn't possibly be any residual holder bias.

    Russ, NCNE

  • braddickbraddick Posts: 24,206 ✭✭✭✭✭
    Did someone say, "Fair"? (as in FA02?!) image

    peacockcoins

  • wondercoinwondercoin Posts: 16,982 ✭✭✭✭✭
    Mark: I understand your point. By the way, what has been your take on the grading at the show? image Wondercoin

    Please visit my website at www.wondercoins.com and my ebay auctions under my user name www.wondercoin.com.
  • RegistryCoinRegistryCoin Posts: 5,117 ✭✭✭✭
    pcgs customers are sacred, I mean, scared, I mean sacred, I mean scared, I mean sacred, I mean scared. I mean...
  • wondercoinwondercoin Posts: 16,982 ✭✭✭✭✭
    Sunnywood: How did your auctions go?

    I want to give credit where credit is do - NOW - REMEMBER - if PCGS would have graded this raw coin MS64 and someone else posted this thread, no one would have said "the sampling is too small". They would have been all over PCGS for slabbing a coin they failed to slab in the ANACS holder. This comment is as relevant as any other comment on grading going the other way. image

    I understand, however, that anything "positive" lately is met with suspicion - but, if you have read my posts, you would know my comments have been evenhanded.

    Wondercoin
    Please visit my website at www.wondercoins.com and my ebay auctions under my user name www.wondercoin.com.

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