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PCGS to Recognize Orientation of Edge Lettering on Presidential Dollar Coins

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  • basestealerbasestealer Posts: 1,579 ✭
    They should have done this from the beginning, but of course they wanted to capitalize on the prospects of grading each coin twice.
  • BodieBodie Posts: 282
    I agree Base.. PCGS always keeps us guessing.
    I'm not a vigilante, I'm an undocumented border patrol agent!
  • TexastTexast Posts: 1,899 ✭✭✭✭
    The question was asked on Feb 16th, and it takes them 2 and a half months to decide.
    On BS&T Now: Nothing.
    Fighting the Fight for 11 Years with the big "C" - Never Ever Give Up!
    Member PCGS Open Forum board 2002 - 2006 (closed end of 2006) Current board since 2006 Successful trades with many members, over the past two decades, never a bad deal.
  • moonshinemoonshine Posts: 1,039 ✭✭
    I would think that Position A would be right side up vs. upside down -- seems backwards to me.
  • TwoSides2aCoinTwoSides2aCoin Posts: 44,615 ✭✭✭✭✭
    image
    Well I suppose orientation is important when dealing with a three sided coin.

    ``https://ebay.us/m/KxolR5

  • ArgentumRexArgentumRex Posts: 620 ✭
    There's some further discussion in a thread from this morning: link
  • farthingfarthing Posts: 3,294 ✭✭✭
    They are following the long established naming convention for edge lettering already used for Belgium coins. Many Belgium coin types have edge lettering that come in Pos A or Pos B orientation where Pos A lettering is upside down with the obverse up and Pos B is right side up lettering.
    R.I.P. Wayne, Brad
    Collecting:
    Conder tokens
    19th & 20th Century coins from Great Britain and the Realm
  • CaptHenwayCaptHenway Posts: 32,740 ✭✭✭✭✭


    << <i>Just reading yesterday's news on PCGS website, the decision for the edge lettering.

    Anyone have any thoughts?

    Article >>




    "D'OH!!!!!!"
    Numismatist. 50 year member ANA. Winner of four ANA Heath Literary Awards; three Wayte and Olga Raymond Literary Awards; Numismatist of the Year Award 2009, and Lifetime Achievement Award 2020. Winner numerous NLG Literary Awards.
  • AskRaqAskRaq Posts: 2,303
    So, we shouldn't differentiate US coins from World coins....? Is it standard grading on all coins world-wide?
  • morgansforevermorgansforever Posts: 8,483 ✭✭✭✭✭
    Who cares, the ugliest coin I have ever seen.

    PCGS is a business, all about that bottom line.
    World coins FSHO Hundreds of successful BST transactions U.S. coins FSHO
  • COINB0YCOINB0Y Posts: 4,505
    Yet, they refuse to recognize a true First Strike Coin certified by the US Mint as struck on the first day of production? LOL!

    OK, hmmm.... I sure would hate to have a true First Strike Coin certified by the US Mint as struck on the first day of production + have the *new* PCGS Orientation of Edge Lettering variant now deemed to be "Holy"

    PCGS?

    They are losing it...blind to the reality that the US Mint has now trumped them by offering true first strikes for the next 10 years on these Presidential dollars, denying what was going to be a nice revenue stream.

    Instead of reacting and moving with the market, they dig in and with the proverbial 'head in the sand', they plow onward, trying to force thier own virtual reality on their intelligent, and now extremely skeptical customer base, with subjective Labeling schemes.

    They almost seemed to be acting like....dare I say it?.....COIN DEALERS!

    This would make a great case study for any B-School Class on how to snatch defeat from the jaws of victory.
  • COINB0YCOINB0Y Posts: 4,505
    not worth it
  • WaterSportWaterSport Posts: 6,918 ✭✭✭✭✭
    Why not get the Satin vs Buisness strike issue solved first!

    WS
    Proud recipient of the coveted PCGS Forum "You Suck" Award Thursday July 19, 2007 11:33 PM and December 30th, 2011 at 8:50 PM.
  • ArgentumRexArgentumRex Posts: 620 ✭


    << <i>

    << <i>Just reading yesterday's news on PCGS website, the decision for the edge lettering. >>



    Thanks for the link because this news is nowhere to be found on the PCGS Website that would an obvious page for such news!

    WTF!

    Why is it PCGS just can NOT create a Web Page entitled "What's New" and put this kind of information there??

    What is it that no one at PCGS as the creative fortitude to copy the way MILLIONS of other companies do when they want to show customers new products and services to be offered?!!!

    It is always a treasure hunt here for finding what is new information!

    Absolute stupidity!

    New information and policies are disseminated by Message Board Posts! Who ever keeps saying we have to be careful or "they will take the message board away" is numb to the fact that the company would collapse.

    It would be akin to ripping apart the 'can and string' communication network that PCGS has established for broadcasting new information to it's customers. >>





    It's right on the main page, pcgs.com, under

    image
  • Cameo CCCameo CC Posts: 663 ✭
    I do have a question for all of you.

    Is it possible that the delay from the US Mint is due to this problem and the US Mint is working on a solution so that all future Presidential Dollars will have the lettering standardized to one position?

    If so, what will that do to the value of the G. Washington MS coinage?

    Just some thoughts to think about.

    Todd
    Todd Abbey
    800.954.0270
  • FullStrikeFullStrike Posts: 4,353 ✭✭✭
    Woopie !

    image
  • LongacreLongacre Posts: 16,717 ✭✭✭
    It's a good move for the shareholders and to plug a hole for the quarter (the financial quarter, not the quarter dollar).
    Always took candy from strangers
    Didn't wanna get me no trade
    Never want to be like papa
    Working for the boss every night and day
    --"Happy", by the Rolling Stones (1972)
  • FatManFatMan Posts: 8,977 ✭
    I am so very pleased that PCGS took the time to ask what the collector community thought regarding this issue.image

    Upside-down, right-side up edge lettering
  • pharmerpharmer Posts: 8,355 ✭
    I wondered when someone was going to point that question out.

    "OK, it's almost unanimous against the idea. Let's do it!" image
    Quis custodiet ipsos custodes?

    Apropos of the coin posse/aka caca: "The longer he spoke of his honor, the tighter I held to my purse."

    image
  • richardshipprichardshipp Posts: 5,647 ✭✭✭
    I got one roll of them at the bank. 12 were one way and 13 were the other way.

    Then promptly spent them on tacos from the lunch "roach coach".

    The tacos satisfied me more than the coins did.
  • RYKRYK Posts: 35,800 ✭✭✭✭✭
    That's fabulous news. Kudos to PCGS for tackling this troublesome issue that is so vital to our hobby.
    My Box of 20: https://pcgs.com/setregistry/collectors-showcase/box-20/ryks-gold-box-20/17132
  • ziggy29ziggy29 Posts: 18,668 ✭✭✭
    Glad a TPG finally dealt with this critical matter instead of wasting time on issues of lesser importance like crackout mania, grade bumps after dipping coins, marketing gimmicks based on when the Mint ships a coin, and blatantly AT coins in their holders.

    Bravo.

    << <i>I got one roll of them at the bank. 12 were one way and 13 were the other way. Then promptly spent them on tacos from the lunch "roach coach". >>

    $25 worth or roach coach tacos? That's a lot of tacos, even if it were $15 worth of tacos and $10 in heartburn medication.
  • RussRuss Posts: 48,514 ✭✭✭
    Geez, I thought he was kidding around when he posted that thread asking about it.

    Russ, NCNE
    eBay consignment sales | | Collectibles from Resco CCC
  • RYKRYK Posts: 35,800 ✭✭✭✭✭


    << <i>Glad a TPG finally dealt with this critical matter instead of wasting time on issues of lesser importance like crackout mania, grade bumps after dipping coins, marketing gimmicks based on when the Mint ships a coin, and blatantly AT coins in their holders.

    Bravo. >>



    As usual, we are on the same page, Ziggy. image
    My Box of 20: https://pcgs.com/setregistry/collectors-showcase/box-20/ryks-gold-box-20/17132
  • TexastTexast Posts: 1,899 ✭✭✭✭
    You gotta know it's all about the Benjamin's....
    On BS&T Now: Nothing.
    Fighting the Fight for 11 Years with the big "C" - Never Ever Give Up!
    Member PCGS Open Forum board 2002 - 2006 (closed end of 2006) Current board since 2006 Successful trades with many members, over the past two decades, never a bad deal.

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