What are the details and results of your first submission of coins to a TPG?
SanctionII
Posts: 12,103 ✭✭✭✭✭
Just read and replied to Russ's latest CHA-CHING thread. Thought I would toss out the above question.
Tell us the details and results of your first submission to a TPG. At this time I can not do so, since I all of my coins are raw virgin coins that have never been slabbed (except 3 coins that I bought already slabbed).
Tell us the details and results of your first submission to a TPG. At this time I can not do so, since I all of my coins are raw virgin coins that have never been slabbed (except 3 coins that I bought already slabbed).
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An 1860 IHC I bought raw as an MS65 (to me) for $500. It's a $300 coin in 64 and $1100 in 65
For $30, PCGS graded it MS64, due to some weakness in the tail feathers in the headress I assume.
I held on to it for a couple of years, but then sold it for $400. It was probably the nicest 64 there ever was (and probably now in a 65 holder)
My posts viewed times
since 8/1/6
Russ, NCNE
$1 1879-s Bought raw as a MS63+......PCGS graded MS65
$1 1882-cc Bought raw as a MS63+......PCGS graded MS64
$1 1883-cc Bought raw as a MS64+......PCGS graded MS66
$1 1884-cc Bought raw as a MS63+......PCGS graded MS64
$1 1900 Bought raw as a MS63+......PCGS graded MS64
$1 1900-o Crack out as PCGS MS65......PCGS graded MS66
$1 1921-s Crack out as PCGS MS64......PCGS graded MS64
$1 1923 Bought raw as a MS63+......PCGS graded MS65
I did ok during my first submission.
Edited removed picture
BTW, I don't know if you've seen this one, but I think it's one you'd like:
Russ, NCNE
1863 Indian cent bought as 60 got it back as a 64
1856 half dime bought as 60 got back as 58
1894 eagle bought as 60 got back as 62
1838 half dime bought as 60 got back in BB for cleaning (very subtle)
Results Of My First Submission To PCGS
Russ, the 1966 Jeffy is the nicest 1966 CAM SMS I have seen. I have a 1965 that looks similar to the 1966 but it is not as boldly contrasted on the reverse as the 1966.
edited to add: I still have the nickel.
One was bagged, one was au58, the rest were 65 (although I think one was 63 or something ridiculous).
It was brutal but I think everyone needs to submit every now and again.
-Khayse
As I recall, there was an MS-63 1867 three cent nickel, an AU-50 1920-S SLQ, an MS-65 1896 V-nickel, an MS-64 1829 half dime, an MS-63BN 1850 large cent, an MS-61 1895-S Barber Half (purchased as Choice AU) and an MS-63RB 1881 IHC.
Here are the grades that I received on the 10 Morgan Dollars which I submitted via economy grade service during the April PCGS Las Vegas Invitational.
I am really pleased with the 1880-CC in 64-DMPL, the 1890-CC in 63 DMPL and the 1891-CC in 63 PL
The 1881-S in MS-66 is kind of cool, since it's the only Morgan that I now own in MS-66 -- and I made it!
1879-S S$1 USA MS65
1880-CC S$1 (8/High 7) USA MS64DM
1880-S S$1 USA MS63PL
1881-S S$1 USA MS66
1881-S S$1 USA MS64
1882 S$1 USA MS63PL
1890-CC S$1 USA MS63DM
1890-S S$1 USA MS64
1891-CC S$1 USA MS63PL
1891-S S$1 USA MS63
Stuart
Collect 18th & 19th Century US Type Coins, Silver Dollars, $20 Gold Double Eagles and World Crowns & Talers with High Eye Appeal
"Luck is what happens when Preparation meets Opportunity"
The first coin to PCGS was an 1869 indian head, came back Au-53.
jim
<< <i>My first 8 coins that went to PCGS.
$1 1879-s Bought raw as a MS63+......PCGS graded MS65
$1 1882-cc Bought raw as a MS63+......PCGS graded MS64
$1 1883-cc Bought raw as a MS64+......PCGS graded MS66
$1 1884-cc Bought raw as a MS63+......PCGS graded MS64
$1 1900 Bought raw as a MS63+......PCGS graded MS64
$1 1900-o Crack out as PCGS MS65......PCGS graded MS66
$1 1921-s Crack out as PCGS MS64......PCGS graded MS64
$1 1923 Bought raw as a MS63+......PCGS graded MS65
I did ok during my first submission.
Edited removed picture >>
Yes, I would say you did o.k. That is better than any expert could ever hope for, let alone a first submission. Collector or dealer?
and it sets us apart from practitioners and consultants. Gregor
1915-d Lincoln Cent ms64rd (cracked out of ICG ms65rd holder)
1926-s Lincoln Cent ms64rb (cracked out of ICG ms63rb holder )
And a few weeks later I joined the collectors club...
1911-d Lincoln Cent ms64rd (cracked out of ICG ms65rd holder)
1915-s Lincoln Cent ms64rb (cracked out of NGC ms63rb holder )
1964-d Lincoln Cent ms66rd (hoped was ms67, still think it might upgrade someday)
1968-s Lincoln Cent ms65rd (hoped was ms67, okay, my mistake)
1980-d Lincoln Cent ms67rd
1982-d Lincoln Cent ms67rd (hoped was ms68)
1997 Lincoln Cent ms67rd
1997 Lincoln Cent ms68rd was pop 4/0 at the time
My first PCGS coin was in 1994 or 1995, a raw a922-D cent I bought over the counter from Stacks in New York City. The dealer tried to talk me out of submitting it, but I insisted I knew it would be worth it. It came back MS65RD.
It's been all downhill from there.
Sean Reynolds
"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
42/92
I decided to submit to PCGS at the Long Beach show in June 2000. I wanted it mostly for authentication purposes since I was thinking of selling it. I thought it was a VG-8, but it came back F-15. I learned later that the 1913-S is notorious for weak strikes, so evidently that was taken into account on the grade.
I am a collector. I started very young but sold out for my first car right after the silver crash. I started back up more seriously in 2002. I started focusing on Morgan dollars about six months ago. I always wanted to start a coin business on the side but I can not convince my wife it woud be a good thing.....
But I enjoy looking at raw Morgans and finding out I have a decent eye at grading and cerifying them higher...
2 Gold Coins
$5 Indian 1914-d Raw submission........PCGS AU58
$10 Liberty 1907 Raw submission.........PCGS MS62
1955 50c from original roll MS65FBL
1940 something 50c bought raw MS65
1926-D 5c AU+ coin pulled from a set - BB questionable color
1937-D 5c 3-leg from the same set - XF45
1913-D Buffalo, Type 1, purchased in 1971 (I don't remember the original cost) - PCGS 64 (had hoped for a 65)
1919-P Buffalo, purchased in 1978 for $43 - PCGS 65
1879 Seated Quarter (my icon coin), purchased in 1971 for $95 - PCGS 65!!! A big
1925 Standing Liberty Quarter, purchased in 1980 for $600 (Ouch! A case of bad timing) - PCGS 65
1933-D Oregon Trail, purchased in 1980 for $625 (bad timing again!) PCGS 64 (had hoped for a 65)
1923-P Peace dollar, purchased in 1973 for $6 - PCGS 65
I still have all of those coins except the '23-P dollar. They were bid at the ridiculous price of $525, so I unloaded that one right away, trading it and $200 cash for a 1900-S quarter graded PCGS 63. I think I came out a winner on that deal.
All in all, I think I did well for the first time.
Jim
<< <i>1919-P Buffalo, purchased in 1978 for $43 - PCGS 65 >>
NICE!
9 crossed with all getting FBL designation added, and I of the 9 upgraded.
The tenth one that didnt cross was a NGC 53-S in MS-66
Coin / Bought as / I thought... / Actual / Comment
1881 Morgan / MS-64 / 64, shot 65 / MS-64 / Was also worried it might net due to one pin scratch
1896O Morgan / XF-45 / AU-50 / AU-58 / Check the price guide difference!! Cha-Ching!!!
1879S Morgan / MS-64 / MS-65 / MS-65 / Felt good!
1806 Half / Fine / F-15 / F-15 / Confirmed my grading....
1806, 5/6 half / Fine / F-15 / VF detail, Net F-12 / Called it cleaned AND corroded. Don't agree, but then again it isn't VF details either.
1807 Dr B. Half / VG / F-12 /VG-10 / Oh, well. I guess I was dreaming.
Fugio / VF / VF /VF-20 / Ok
1843 Std $ /Fine /F-15 /VF-20 / Alright! Guess they are forgiving of "full Liberty".
1872 Std $ /Fine /F-15 / XF Detail, Net VF-30/ Net due to scratch. Again, wasn't really XF anyway!!
1875S 20cent / Unc detail, lightly cleaned/ Net AU / AU detail, net XF-40 / Damn....I should have known better!
All in all, I felt pretty good. A few mistakes, a few head scratchers, but mainly I figured I knew enough to allow myself to start getting a bit more advanced in my purchases.
<< <i> I sent 10 Franklins to PCGS for crossover from NGC. 9 crossed with all getting FBL designation added... >>
FBL's at NGC? No THAT'S tough. Great job!