Home U.S. Coin Forum

What to do with PCGS Undergrade??????

wrightywrighty Posts: 840 ✭✭✭✭
What do you do if you get a coin back from PCGS and you think it is highly "undergraded".

Comments

  • nwcsnwcs Posts: 13,386 ✭✭✭
    Resubmit. But I would check with others just to be sure it isn't ownership bias making me think it's very undergraded.
  • RussRuss Posts: 48,514 ✭✭✭
    image

    I believe in second chances. image

    Russ, NCNE
  • fivecentsfivecents Posts: 11,207 ✭✭✭✭✭
    It depends on how much more money it is worth in the next grade(s). If the value doesn't go up much just leave it in the undergraded holder. If the value does go up alot then....crack the sucker and resubmit.image
  • OK here a question on that subject, It seem to me that PCGS would pass over a grade to blurry poorly struct coin if it had brilliant flashey luster, example is a 1958 P FS Jeff its a PCGS MS64FullStep, this coin is perfectly in focus with all lettering and devices, luster is nice but a shade darker, ive seen piks of those flashy 50's blurryuneven feilds get 2 point higher, do yo agree with this practice and/or have you noticed this subgect.

    Eastside

    promote the hobby
    Promote The Hobby and Make it a Positive Experience for all, Remember That this Hobby Can Be Fun & Profitable & Profit is Always FUN
  • airplanenutairplanenut Posts: 22,148 ✭✭✭✭✭
    Eastside,

    Grading is a combination of the following:
    -Strike
    -Contact Marks
    -Lustre
    -Eye Appeal

    It is likely that your coin has the strike, but may have too many contact marks and not enough lustre. A soft coin can easily be 66 if the lustre is phenomenal and the contact marks few.

    Jeremy
    JK Coin Photography - eBay Consignments | High Quality Photos | LOW Prices | 20% of Consignment Proceeds Go to Pancreatic Cancer Research
  • RELLARELLA Posts: 961 ✭✭✭
    Eastside,

    Turn on your PM function; and then PM me to ask what I wanted to tell you so I don't forget. image

    RELLA
    Do not fall into the error of the artisan
    who boasts of twenty years experience in his craft
    while in fact he has had only one year of experience...
    twenty times.
  • khaysekhayse Posts: 1,336
    If the grade don't fit, you must resubmit. image

    -KHayse
  • merz2merz2 Posts: 2,474
    I have resubmitted a coin that I feel strongly about,value does play a part in that decision.
    Don
    Registry 1909-1958 Proof Lincolns
  • Thanx for the info Airplanenut, there are contact mark but they are small and they do not distract the eye apeal I can only see them under a 3x, the shade darker I mentioned is actcully more the lustre and color of nice average 54 S if your familiar and described in the NevadaMan Collection as a Champaign toning which is this 58 P exactly, the Obverse is almost flawless, while the reverse has majority of miniscule un-distracting marks, altogether total marks is average for a good 65+ overall, except, these on this one are located on the reverse and unenhanced eye apeal is definitly not distracting on the reverse, back to that champaign lustre nice and even and atractive on the obverse, and the reverse is just a bit more blotchier and slight shade differances occurring as two tones unevenly and a bit brighter toward the top, but in my oppinion it definitly not unatractive or does it distract from overall appearance, its leaps and bounds brighter and more apealing than the average Darkness thats commonly found on P mint 58's and 55's as well. and its the only PCGS MS64FullStep that every time I look at it I shake my head, but as some mentioned this is definitly one that goes up in value of atleast 100x with 1 point in grade. I talked to a dealer in from Vegas 5 or 6 years ago at long Beach and we both wondered why the 58 P Jefferson was hard to make at 65FS, and I remember him showing me his pop report back then and I recall the POP #'s for it are the same as today in 65FS, (7) I believe, Could the 58 P be the most discriminated coin in a series that has been discriminated for most of its Existance ?, plus the 58 P was the very last of the super high gain potencial speculative get rich garaunteed Coins because of very low mintage and saved massively in mint condition, allthough mint quality make it difficult to tell for the 58P. And If I could post a pik at this time, believe me I would , because I do not like writing a thousand words for 1 picture.

    Eastside
    Promote The Hobby and Make it a Positive Experience for all, Remember That this Hobby Can Be Fun & Profitable & Profit is Always FUN
  • ERER Posts: 7,345
    wrighty, now that you 've decided to come out of lurking, image
    BTW, got picture of the coin?
  • wrightywrighty Posts: 840 ✭✭✭✭
    FYI, the coin was my first submission for Barber coinage. Maybe my knowledge of Barber's is limited. I have submitted numerous Indian Head Pennies and have been pleased with the grades. This is the first coin I have sent where I was way off, I projected around an MS 60 or higher and had two dealers whom I trust look at it and said it was in the MS 60 range, it came back AU 50, so I was way off. It was a 1910 Barber Quarter full liberty, no contact marks, strike may be a little weak it doesn't have the "raise" that we like to see, no blemishes. Maybe I will stick to RD and RB Indian Heads. Thanks for all the feedback, keep it coming. Sorry no pictures I need a new scanner or digital camera.

Leave a Comment

BoldItalicStrikethroughOrdered listUnordered list
Emoji
Image
Align leftAlign centerAlign rightToggle HTML viewToggle full pageToggle lights
Drop image/file