Regrade Question

ms70

If a coin is sent in for a regrade, is it cracked out of the slab during the process & sent through as raw?

Russ

Yes.

Edited to add: Allegedly.

Russ, NCNE

ms70

Thanks Russ!

Placid

<< <i>Yes.

Edited to add: Allegedly.

Russ, NCNE >>

DennisH

MS70:

The regrade process goes more or less like this:

When PCGS receives your coin they log it and its current grade into the computer database that the graders can't see.

The coin then goes down to (I'm guessing) the sealing area when it is removed from its holder and put into a poly bag and flip.

It then goes into the grading room in a little plastic tray with an invoice number, looking just like the thousands of other submissions that go through there each month. (My point is, the graders have no clue that regrades are regrades... they "look" just like raw submissions.)

When the grading has been completed the coin goes to the finalizing department where the "new" grade is compared to the old grade in the computer database. If the new grade is higher, then that's what goes on the holder. If the new grade is lower, the coin goes back to you in a new holder with the old grade.

You have nothing to lose with the regrade process except postage, submission cost, time and patience.

nankraut

Dennis: Why, thank you for the info. I also have wondered how it's supposed to work. Knowledge is power.

Neil B.

DennisH

I forgot... there's one other risk that you also take with the regrade process:

You are trusting PCGS that your coin won't be dropped or fingerprinted or something else that is totally stupid and horrible. But it does occasionally happen.

ms70

Thank you Dennis! I appreciate the info!