Your Opinion on this NGC Thread?

braddick

PCGS "Switching" Coins?


The way I understand the grading process it would be near impossible- if not downright impossible for this type of error to take place. A submitter's tray of coins is presented to the graders and then tracked, carefully, at that point forward.

The scenerio presented in the NGC thread would require the same type of coin with the same date to be switched with the better mintmarked coin.

I can't see this accidently taking place- just not enough room for error.
I also can't believe it would happen on purpose as there are too many safeguards in play with PCGS to allow this type of internal crime.

Bottom line, I don't believe it happened leading me to question the author's motive for such a negative PCGS thread on the NGC forum.

sinin1

what level do you need to submit 1 coin?



the guy is mistaken/lying

ebaytrader

Highly unlikely for coins being switched at PCGS & NGC but I have heard of it happening at ANACS.

We have had a couple of coins damaged by the grading services, though.

Numisone

I received the "wrong" coin back from Anacs recently. Right holder, but wrong coin. They were very quick to fix the problem, and within a short period I received the correct coin back in the correct holder.

Now I am not sure how the process may be different at the other TPG companies, so I can't say if it were possible or not at PCGS. As I understand the process, once the coin is graded, it goes to another person who places it in the slab. "If" that person has multiple coins, it is within the realm of possibility to have the wrong coin placed in your holder.

However, like Anacs, I am sure that "if" a mistake happened, PCGS would stand up and fix the problem.

There is NO earthly reason why any of the major TPG companies would jeopardize their reputation over a single coin, let alone a 1911-D Quarter Eagle.

It seems to me that this person chose the NGC board to bash PCGS.

coinguy1

Here are just a few of the many possibilities that could explain it:

Maybe the submitter thought he had an 11-D but did not.

Maybe someone else submitted the coin for him and the problem arose that way.

Maybe he had both an 11-D and an 11-P and submitted the wrong coin, but doesn't realize it yet.

The odds of the coin being switched at PCGS, whether intentionally or accidentally, are almost non existent in my opinion.

stiffy

Well, geez... Theoretically possible, (anything is) but very highly improbable.




If it were me, I wouldn't have pondered the matter on NGC's site.


Prolly a troll.

Rampage

I hope the person has cold hard facts to prove his case.

Rampage

Someone replied to that thread with these words: "Maybe the D fell off during shipping." I thought that was funny.

UncleWiggly

Well, if it did happen, how's he going to prove it? He'll be run out as a whinner and liar. Just a note. I sent in a toned proof coin to PCGS for the trueview thing to be cracked out and the photo done. It came back screwed up. How do you prove that? Well, you don't. Just totally useless after that.

Mark, I don't know enough to even comment on this actually happening or not. But "almost non existent" still leaves the possibility.



Jerry

Coxe

Switched? Hardly likely as they are carefully tracked, with that administrative part probably adding a couple days to the turnaround time I would think.

I have had a coin come back obviously (professionally) cleaned by one of the major services when I sent it in for a certain service already in their slab.

braddick

What happens though is a thread of that nature preys on our weaknesses as coin collectors. Our greatest fear when submitting coins is the order getting lost in the mail; the coins being damaged either while in transit and, worse, coins being stolen.

PCGS and NGC, beyond hiring honest and trustworthy employees, has checks and balances in play that would prevent coins from being switched.

I would think a thread such as the one started on NGC is libel for if anyone were to read it and believe it could/would prevent possible submissions.

Mistakes happen. When they do PCGS is pretty righteous about stepping up and correcting errors. To accuse them of maleficence without proof or with any substance is bogus and doing so on a competitor's site is trite and cowardly.

Bochiman

Due to potential damage, etc, I think the people who take good, clear, photographs of the coins they are submitting, at the time of submittal (and of the packaging) are the smart ones.

Mistakes can happen, PCGS has been cool about things from what people have posted, but it never hurts to have a record of the submission, including actual pics.

I mean....just imagine if you sent in a nicely toned coin and, for whatever reason, they dipped it!!! Would be nice to prove it was toned before it went, right?

ms70

Bidhounds
Just got here


Reged: May 31 2006
Posts: 2 <--------------------------------- Look at the claim, look at the coin it allegedly happened to, look where he went for advice. Troll.

ewitte

I'd think it would happen on a more expensive coin if it were something internal. Although they could just be doing it small so nobody would notice. Its kinda hard to lift a 6+ digit coin without somebody noticing

Steve27

You would think that if the coin did not match the submittal sheet (even if it was just the MM), PCGS would immediately note the difference and notify the submitter. I doubt they would continue with the certification process and just send the coin back slabbed. I wonder what the customer copy of his submittal shows?

ModernDollarNut

Braddick, I'm with you. If this guy sibmitted just one coin or a number, he had to fill out the Submission Form. Even if he lost his copy, PCGS will have a copy and everything is thus airtight unless there is a huge conspiracy as only the front office people see the Sub form.

Ran into a schizoid gentleman at a coin show on Sunday. He tried to convince me that a large Russian medal was somehow minted in the US with all sorts of codes and intended for delayed payment to the Continental Army troops. The experience reminded me that there is a small but significant percentage of people not altogether present, shall we say, in our little world of coins. It's a wonder things work out well as often as they do. Then one has to factor in the number of alcoholics and druggies buying and selling coins....... Rob

Conder101

Heres a thought. Has he really looked at the coin or just looked at the label and then paniced? Some 11-D's come with a very weak mintmark. They may have missed the mintmark and put 1911 on the holder, or it might even be a typo and they just left the mintmark off the label. (I have seen 1911-D quarter eagles in slabs as 1911's before. Not often, but more than once.)

mozin

I don't believe this switch really happened. Troll...

JrGMan2004

You'll always have those paranoid folks out there that believe everyone is out to get them personally, and you'll always have the people that think the TPGs or a dealer is gonna pull a switchero on them...