Does the King of Siam Set really rest in PCGS Slabs?
ms70
Posts: 13,954 ✭✭✭✭✭
I just saw the picure on page 33 of Coin World of all the coins in slabs. I thought they were given grades without encapsulation since
every other pic I have seen of the set shows them in the display case. Not to mention they were apparently graded by NCG also. Is this
just some photoshopping or are they really slabbed?
Great transactions with oih82w8, JasonGaming, Moose1913.
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And neither the half dime nor the Jackson medal have the "King of Siam" pedigree like the other slabs do. I guess having the half dime separated from the rest of the set for a while caused the pedigree to be lost.
New collectors, please educate yourself before spending money on coins; there are people who believe that using numismatic knowledge to rip the naïve is what this hobby is all about.
<< <i>I recieved a card from Goldbergs today informing me that the set was available for private purchase.
I guess the Goldbergs needed to do something to keep their name on the map - not sure the hot consignments are flowing out in Ira and Larry's direction lately.
<< <i>They're in slabs. But they *look* better in that cool display case, don't you think? >>
I think so too.
As I understand it, the half dime & the medal weren't part of the original set. I guess that's why they aren't pedigreed?
Great transactions with oih82w8, JasonGaming, Moose1913.
<< <i>They're in slabs. But they *look* better in that cool display case, don't you think? >>
Yes but it would be a pitty to sneeze on them and you would have to put on gloves each time you wanted to look at the reverse.
"As for the cent, I have no idea what we were thinking in 1990 as the coin is clearly RB."
Think about that for a minute. You could send in a coin today, and ten years from now, the head of PCGS says, "I have no idea what we were thinking" when they graded it. That is pretty scary.
Don't get me a wrong, I think very highly of what PCGS does in general. But if HRH's quote doesn't get you to think for yourself when grading and buying coins, nothing will.
<< <i>That is pretty scary. >>
Scary isn't the word I'm thinking of. Sorry, but this seems so typical to me of not only PCGS but also NGC. The way the grades have been inflated on this set is just mindboggling. Within the next couple of decades I'm sure they'll all reside in someone's plastic as PF70DCAMS.
Michael
<< <i>HRH says this about the 1834 cent--
"As for the cent, I have no idea what we were thinking in 1990 as the coin is clearly RB."
Think about that for a minute. You could send in a coin today, and ten years from now, the head of PCGS says, "I have no idea what we were thinking" when they graded it. That is pretty scary.
Don't get me a wrong, I think very highly of what PCGS does in general. But if HRH's quote doesn't get you to think for yourself when grading and buying coins, nothing will. >>
I agree, but at least he's down to earth & honest instead of laying some ridiculous BS on us.
Great transactions with oih82w8, JasonGaming, Moose1913.
<< <i>I agree, but at least he's down to earth & honest instead of laying some ridiculous BS on us. >>
Wouldn't you say that the grade inflation of these coins is "some ridiculous BS?"
Michael
I don't know. I've never seen the coins in person to dispute the grades.
Great transactions with oih82w8, JasonGaming, Moose1913.
Who says the ultra rarities aren't 'ranked' more than graded?
<< <i>
<< <i>I agree, but at least he's down to earth & honest instead of laying some ridiculous BS on us. >>
Wouldn't you say that the grade inflation of these coins is "some ridiculous BS?"
Michael >>
It is ridiculous BS.
Here is another ridiculous BS, right off PCGS front page, " Legendary "King of Siam Proof Set" in PCGS Holders For Increased Values ". Does anyone honestly believe that these coins, or any ultra rarities, need to be in any TPGS holders for "increased values"?
Gradeflation is a natural phenomena of our society when you think about it. It's just a way of keeping our hobby in the forefront. The more that "prices" seem to go up, the better to have the show continue.
roadrunner
<< <i>And neither the half dime nor the Jackson medal have the "King of Siam" pedigree like the other slabs do. I guess having the half dime separated from the rest of the set for a while caused the pedigree to be lost. >>
The set did not have a Jackson medal in it when it was presented to the King, and tere is no way of knowing if the half dime is the one from the set or not. thy just grabbed any 1834 proof half dime to fill out the set when it went on display at Mandelay Bay. It would be interesting to trace back the pedigree of the half dime. It would be really interesting if it turns out to have come from the Watters collection.