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Submission results, complete with images, commentary and BAGGING.

RussRuss Posts: 48,514 ✭✭✭
Note: This actually posted three days ago (2.03) but I had it put on hold to send one of the coins back to the graders. More on that below. My grades are noted parenthetically in bold.

Submission #3032536, zip code 98032

1 21411667 1869 2C USA MS65BN (MS63RB)
2 21411668 1956 50C Type 2 USA PR67CA (PR66DCAM)
3 21411669 1964 50C USA MS66 (MS66)
4 21411670 1964 50C USA PR68CA (PR67DCAM)
5 21411671 1964 50C USA PR69CA (PR68DCAM)
6 21411672 1964 50C Accented Hair USA PR67 (PR65) (Don't know what happened here. image )
7 21411673 1964 50C Accented Hair USA PR67 (PR67)
8 21411674 1964 50C Accented Hair USA PR67 (PR67)
9 21411675 1964 50C Accented Hair USA PR67 (PR67)
10 21411676 1964 50C Accented Hair USA PR67 (PR67)
11 21411677 1965 50C SMS USA MS67 (MS66)

Date Received: 11/13/2003
Date Shipped: No Date Specified

Line 1:
image

I purchased this coin as an NGC MS64RB. I sent it in for crossover and, feeling it was overgraded by a point, had a minimum of MS63RB on the submission:

Submission #3032533: DNC

Thinking maybe it was a case of holder BIAS, I cracked it out and resubmitted it:

Submission #3032534: Bodybag, altered surfaces

So, I resubmitted it again (obviously) and now it grades MS65BN??!!! This is pure, utter BS! Besides the fact that coin is not gem by any stretch of the imagination, and is not brown but rather RB, I have to go through the line three times to get it graded? Where were these so called "world-class" graders? Hungover from the holidays?

It is a pop 1/0 TOP POP, though.

Line 2:
image

In the original thread about this coin, I said I thought it would either grade PR66DCAM or PR67CAM. I was hoping for option #1, but PCGS chose option #2. image

Line 3:
image

An example of the fact that some nice coins can be picked up on eBay if one shops carefully. Very solid for the grade of MS66 and just flat appealing.

Line 5:
image

A perfect example of PCGS's reticence to give the Deep Cameo designation to 1950 through 1964 proof coins, but instead goosing the grade by a point and putting them in a cameo holder. This is another with an interesting history.

I bought it as a PCGS PR67DCAM. Cracked it out and sent it off to NCS to take care of the spot on the reverse. They bounced it, saying the spot was not removable.

So, I resubmitted it to PCGS figuring I'd at least get it back in a 67DCAM holder - about right with the spot. That time, it came back PR68CAM!

Cracked it out again, and sent it back off to NCS with a note to conserve it regardless. This time it came back with the spot reduced to just a transparency. I didn't re-image it before sending it off to PCGS again, so imagine it with just a barely visible whisper where the spot is.

This time, it comes back PR69CAM! The coin is a no-brainer DCAM, and one they're going to keep seeing until they get it right.

Line 11:
image

This is the coin that put the submission on hold while it went back to the grading room. PCGS is well known for copping out on nice business strike 1965-1967 Kennedys and slapping them in SMS holders. Of course, they stubbornly refused to budge and left it in an SMS holder. I'm convinced the coin is a business strike, so it's another one they're going to see again.

So, there you have it. The good, the bad, the ugly and the ridiculous.

Russ, NCNE

Comments

  • YEAH and some poor BA$#%$D has a beautiful red coin in a 63 holder now!image

    Not a bad bunch, but did you have a hangover when you sent these in?image
    HEAD TUCKED AND ROLLING ALONG ENJOYING THE VIEW! [Most people I know!]

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  • more proof that coin grading is NOT a science. Everybody keep this in mind when buying coins in holders.
  • From what it looks like, 2 of the 5 were very poorly graded. The 2 cent and the Kennedy proof. That doesn't seem like professional grading to me.
  • airplanenutairplanenut Posts: 22,141 ✭✭✭✭✭
    Russ, why don't you send that JFK only designation review? Then they can only change the CAM/DCAM... not the 69 image
    JK Coin Photography - eBay Consignments | High Quality Photos | LOW Prices | 20% of Consignment Proceeds Go to Pancreatic Cancer Research
  • MercMerc Posts: 1,646 ✭✭
    Too bad about the crazy grading on the 2 cent piece. I think NGC got it right the first time. There are a few hits on the shield but they are not too numerous. It looks like a 64 and it is red/brown. That part is easy to see. They really missed on that one.

    Grading like this makes you wonder about the PCGS grading contest.
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  • DHeathDHeath Posts: 8,472 ✭✭✭
    If I were the buyer, the 64 half would be credible in a PR-68 Dcam holder.
    Developing theory is what we are meant to do as academic researchers
    and it sets us apart from practitioners and consultants. Gregor
  • RussRuss Posts: 48,514 ✭✭✭
    Bump for the evening shift.

    Russ, NCNE
  • Just more proof that the grade on a PCGS slab is negotiable if you have the funds to keep playing the "plastic game".
  • MacCrimmonMacCrimmon Posts: 7,058 ✭✭✭


    << <i> Just more proof that the grade on a PCGS slab is negotiable if you have the funds to keep playing the "plastic game". >>



    imageimageimageimageimage

    imageimageimageimageimageimage

    imageimageimageimageimage
  • RGLRGL Posts: 3,784
    A Magical Mystery Tour for Russ, who has the nerve to suggest he may know more about 1964 proof JFKs than the graders in Newport Beach can provide in 10 seconds ... image
  • keetskeets Posts: 25,351 ✭✭✭✭✭
    this is all based solely on the pictures.

    Coin 1.----color is subjective, we don't all see it the same. while it looks to me as if it has enough obverse red for an RB designation, the reverse looks to be more brown. i'd agree with MS64 and wouldn't complain about 65.

    Coins 2 & 5.----no comment on the grade but i think they both exhibit enough central frost weakness to justify no DCAM. another judgement call.

    Coin 3.----hard not to like 'em when they look like that!!

    Coin 11.----with so much difficulty distinguishing non-SMS and SMS for 1965 especially, i'd wonder if there are some diagnostics on this coin that could place it as one or the other. this has to be one of the more difficult things for the grading services. personally, i don't fault any of them, i place the blame on the U.S. Mint for creating the problem in the first place. i currently have a 1965 quarter in the logjam and also believe it to be a business strike. your coin is a beauty, Russ.


    al h.image
  • darktonedarktone Posts: 8,437 ✭✭✭


    << <i>more proof that coin grading is NOT a science. Everybody keep this in mind when buying coins in holders. >>

    I agree and also keep this in mind when submitting. mike image
  • relayerrelayer Posts: 10,570

    Good thing you keep on them until they get it right.
    image
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  • << <i>I agree and also keep this in mind when submitting. >>



    sometimes it is painful but I get reminded image
  • RussRuss Posts: 48,514 ✭✭✭


    << <i>with so much difficulty distinguishing non-SMS and SMS for 1965 especially, i'd wonder if there are some diagnostics on this coin that could place it as one or the other. >>



    Unfortunately, there are only two die marriages that are unique to the 1965 business strikes, and this coin isn't one of them. The other 10 are common to both SMS and business strikes.

    Russ, NCNE
  • zippidee doo dah zippidee day
    we send in submissions
    every day
    these "professional" graders
    dont know near as much as we
    we who do this stuff every day
    they get em wrong
    they get em right
    they'll never be a simpler plight
    of a submitter wanting to win the fight
    the buck is all mighty
    the service is teeny
    we do thousands of these routinely

    while they care not that you knew your grades quite keenly
    they'll screw em up and say they came in that way
    because all we can do is send em in and hope they dont stray
    these folks are not gods nor are they dumb
    they just do a job at the expense of your willingness to succumb

    we have seen 45's go to 58's
    we have seen ms66's go to 68's
    there are those inbetween that makes no sense
    those are the ones that cause us to vent

    we will never change their system,nor their way of rationale
    what we can do is crack til the real grade will unveil
    short of this, we can forget wishful bliss
    as 5 out of 10 they will always miss

    you know and we know this is the deal
    you have to step up and at least spin the wheel
    short of that,your gripes and complaints
    will go un-noticed until you prove they are not grading saints
  • keetskeets Posts: 25,351 ✭✭✭✭✭
    image
  • Russ, on behalf of the evening shift, thanks for sharing !
  • Thanks for sharing Russ! By the looks of the grades and your opinion on same, you've got a good eye - perhaps a bit conservative but that's better than overestimating and being disappointed! Nicely done!

    Mike
    Coppernicus

    Lincoln Wheats (1909 - 1958) Basic Set - Always Interested in Upgrading!
  • JRoccoJRocco Posts: 14,277 ✭✭✭✭✭
    Great post Russ. Keep em coming. Us amateurs really get an insight into the "art" from posts like this. Thanks again.
    Some coins are just plain "Interesting"
  • jamesfsmjamesfsm Posts: 652 ✭✭
    This post by Russ is maybe the most useful post so far this year. It goes to show that grading services are not infallible and that many collectors know their series as well or better than the pros. A sincere thank you Russ for a teriffic post.

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