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Whats the most one single coin has been resubmitted at PCGS.

fivecentsfivecents Posts: 11,207 ✭✭✭✭✭
I realize it would only be a guess.
There must be one Killer liner coin out there that has been resubmitted to PCGS more than any other coin. I am talking about a coin that has a HUGE price increase with a one point grade bump. The graders at PCGS probably recognize this coin every time it comes thru the grading room and get a good laugh.
I would guess the most one coin has been resubmitted would be around 500 times. The coin would probably move from owner to owner with each owner trying to get the upgrade numerous times.

Comments

  • wingedlibertywingedliberty Posts: 4,805 ✭✭✭
    I hear that alot of dealers will knowingly submit key dates that are not authentic in the hopes of getting any grade, as long as they get the authentication aspect of it covered. This is done by using alot of the third tier garbage grading services.
    The other thing that I have noticed recently is that many dealers will also submit "Just miss" PL and DMPL PCGS Morgans to third tier garbage services and get PL and DMPL designations from them and charge far more on Ebay, and elsewhere.
    At PCGS, I would say key and semi key dates are the most resubmitted, and those generic coins that have superlative designations such as FS, FB, FH, FBL, and jump alot with those designations in price, ie 1945 Merc, early 50's Franklins, Early 60's Jeffs, SLQ quarters in the teens, etc,etc,etc.
  • RampageRampage Posts: 9,448 ✭✭✭✭✭


    << <i>I hear that alot of dealers will knowingly submit key dates that are not authentic in the hopes of getting any grade, as long as they get the authentication aspect of it covered. This is done by using alot of the third tier garbage grading services.
    The other thing that I have noticed recently is that many dealers will also submit "Just miss" PL and DMPL PCGS Morgans to third tier garbage services and get PL and DMPL designations from them and charge far more on Ebay, and elsewhere.
    At PCGS, I would say key and semi key dates are the most resubmitted, and those generic coins that have superlative designations such as FS, FB, FH, FBL, and jump alot with those designations in price, ie 1945 Merc, early 50's Franklins, Early 60's Jeffs, SLQ quarters in the teens, etc,etc,etc. >>



    I agree with the above statement.
  • fivecentsfivecents Posts: 11,207 ✭✭✭✭✭
    I was talking about a single coin being resubmitted more than any other coin and the number of times it might have been submitted.image
  • BAJJERFANBAJJERFAN Posts: 31,082 ✭✭✭✭✭
    I would ask HRH!
    theknowitalltroll;
  • bearcavebearcave Posts: 3,996 ✭✭✭✭✭


    << <i>I was talking about a single coin being resubmitted more than any other coin and the number of times it might have been submitted.image >>



    Morgan Dollar?
    Ken
  • Wolf359Wolf359 Posts: 7,656 ✭✭✭
    As the story goes, Mike Casper submitted an MS67 Morgan 17 times and finally made MS68 on the 18th attempt. I still think the graders got tired of seeing it!
  • Ask MS68...
    DE FALCO NUMISMATIC CONSULTING
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  • saintgurusaintguru Posts: 7,724 ✭✭✭
    Even though this is a stupid question, I know of a 1927-S Saint that was a PQ++++ MS64 that was submitted over 15 years before it finally got the well deserved MS65!!!
    image
  • dragondragon Posts: 4,548 ✭✭
    I heard from someone about an 1880-O Morgan in 64 that was submitted over 40 times before it finally got bumped.
  • fivecentsfivecents Posts: 11,207 ✭✭✭✭✭
    OK..maybe my guess of 500 submissions with the same coin is way high.


    << <i>I would ask HRH! >>


    David Hall would not answer that question....it would give the impression that PCGS keeps track of how many times a coin is resubmitted and that would not be in PCGS's best interest.(at least in the public's eye)
  • wingedlibertywingedliberty Posts: 4,805 ✭✭✭
    There is one friend that I have who keeps trying to squeeze out a super high grade from a 1982 MS Washington Half Commem. through PCGS. He is firmly convinced that MS69 and 70 's are not given out on these. I think it jumps from $50 to $2000.
  • For one coin I would guess a few dozen times, which after a while becomes pretty lucrative for the post office.
  • airplanenutairplanenut Posts: 22,148 ✭✭✭✭✭
    I think the most I've heard of is 50-60 resubmissions.

    Jeremy
    JK Coin Photography - eBay Consignments | High Quality Photos | LOW Prices | 20% of Consignment Proceeds Go to Pancreatic Cancer Research
  • I can't say which one but I'd be suprised if it weren't a high end Morgan Proof 1895. Between changing grading standards through the years and all the back and forth between Pcgs and Ngc, I'm sure some of these easily break the 50 barrier. The coins are so valuable the grading cost isn't that big a deal. Second place probably goes to several Morgan MS-64 1880-O's that really should be MS-65's, and dealers just made a point of sending in the same coin with every mailing. No way there's that many MS-64's: just repeat customers.
    morgannut2
  • fivecentsfivecents Posts: 11,207 ✭✭✭✭✭
    I bet PCGS has a "wall of fame" (or shame) that has pictures on it of certain coins that are constantly being resubmitted for upgrades.image



  • Ask MS68...


    Yes, he may have an idea. In fact, I think he owns a 12-S Lincoln that has been tried a number of times for MS66RD (pop 1).
  • seanqseanq Posts: 8,650 ✭✭✭✭✭


    << <i>Ask MS68...

    Yes, he may have an idea. In fact, I think he owns a 12-S Lincoln that has been tried a number of times for MS66RD (pop 1). >>



    I think I remember a couple of threads about this coin (if it's the same one) when it sold at auction. IIRC it went for several multiples of the MS65RD price with most of the bidders feeling it was a "lock" to upgrade. Maybe it wasn't such a lock after all?


    Sean Reynolds
    Incomplete planchets wanted, especially Lincoln Cents & type coins.

    "Keep in mind that most of what passes as numismatic information is no more than tested opinion at best, and marketing blather at worst. However, I try to choose my words carefully, since I know that you guys are always watching." - Joe O'Connor
  • lavalava Posts: 3,286 ✭✭✭
    I've never heard of any coin KNOWN to have been resubmitted more than 5 times. Usually 5 times tells the owner to move on, the coin is sold, and it is SUSPECTED the future owners continue the resubmission process. So far, no board member has confessed to actually submitting the same coin more than 5 times, so I am going to stick with 5.
    I brake for ear bars.

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