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PCI grading, never again! PHOTOS W/CRACKOUT TAGS

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    RYKRYK Posts: 35,801 ✭✭✭✭✭
    100

    I have no idea what's going on in this thread.

    Edit: image
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    Yeah, but do you have pics of the coins in the original slabs? With notarized letters from PCGS, NGC, ANACS, and PCI? Then maybe we'll talk image
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    TwoSides2aCoinTwoSides2aCoin Posts: 45,083 ✭✭✭✭✭


    << <i>101

    I have no idea what's going on in this thread.

    Edit: image >>



    RYK, its about PCI downgrading in a big way and a new submitter to them who will NEVER crack out coins and send them to PCI again.

    I think this is what is happening in the thread... but I'm enjoying it because the coins are cool.

    Joe
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    for some reason that walking half looks more like an au50 to me than an ms64
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    ManorcourtmanManorcourtman Posts: 8,440 ✭✭✭✭✭
    Just my opinion but this is a shill set-up. Hello. How ridiculous is the concept of sending quality NGC/PCGS to PCI? Quite stupid and quite ridiculous. Geezzzz.
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    ConnecticoinConnecticoin Posts: 13,275 ✭✭✭✭✭
    What does the back of the PCI slab look like? Are they signed by JT Stanton?
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    GrumpyEdGrumpyEd Posts: 4,749 ✭✭✭
    I'm still wondering if anyone want's to guess the grade and color that PCI gave this cent in a JT Stanton signature slab so I can post a pic of it in the slab. The pics not great but just a guess of what the highest grade and color you could expect it would get, the rev is similar to obv image


    image
    Ed
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    BaleyBaley Posts: 22,663 ✭✭✭✭✭
    thanks for the pictures, Gi; sorry but looks like you should have left well enough alone but at least the slab brands match each other now.
    tough to say if i agree with the pci grades before seeing better, close up, well lit pictures of just the coins, front and back (next request!)
    but they don't look too far off from here. were you shooting for upgrades or matching holders? some folks use flips or albums for mismatched crackouts.

    Liberty: Parent of Science & Industry

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    jmj3esqjmj3esq Posts: 5,421
    I dont beleive a bit of this. There is no way in hell walker was in an NGC MS64 slab.
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    seanqseanq Posts: 8,824 ✭✭✭✭✭


    << <i>I'm still wondering if anyone want's to guess the grade and color that PCI gave this cent in a JT Stanton signature slab so I can post a pic of it in the slab. The pics not great but just a guess of what the highest grade and color you could expect it would get, the rev is similar to obv image
    >>




    From your obverse picture I'd say it was no better than AU55, the rub on the portrait is obvious. I could see PCI grading that thing MS64RB.

    Two quick observations to add to this discussion: First, there was a time under their original ownership when PCI was very strict, especially on copper. I don't for one minute think that this one batch of grades means they have returned to their conservative roots.

    Second, based on a very limited sample, I have seen evidence that the PCI signature series variety coin holders are gaining some traction in the market. For example, this 1936 Lincoln Cent DDO sold without a picture for very strong money, about what a PCGS coin would fetch in the same grade. Say what you want about J.T. Stanton's reputation as a businessman and author, there are apparently still a bunch of people who hold his attributions in the highest regard.


    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
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    GrumpyEdGrumpyEd Posts: 4,749 ✭✭✭
    Would anyone ever believe that they graded it MS63 RED! It's so far from red!!!! I think JT Stanton is a great attributor and they got the variety correct but calling it red is amazing.

    image


    image
    Ed
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    SkyManSkyMan Posts: 9,598 ✭✭✭✭✭


    << <i>

    << <i>The price change in the D & S coins from 64 to 65 is up to 3X or more. >>



    Not when going from a reputable grading service to PCI.

    Russ, NCNE >>



    My thoughts exactly. You'd be lucky to get strong 63 money.
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    ColonialCoinUnionColonialCoinUnion Posts: 10,087 ✭✭✭
    In my experience, when something seems really odd, it usually is.

    Count me among the people who find it extreeeeeeeeeemely difficult to believe that someone would crack out a bunch of relatively high grade coins from N and P holders in order to send them to PCI in hopes of increasing their value.


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    ShortgapbobShortgapbob Posts: 2,332 ✭✭✭


    << <i>I dont beleive a bit of this. There is no way in hell walker was in an NGC MS64 slab. >>



    I understand what you are saying, but I have seen some real dogs in NGC slabs. I was just looking at a toned seated dime today that was NGC graded MS-66, but has a mark in the right obverse field that was so bad on its own that the coin should have only been a 63/64. I'm not defending PCI's grading, but I won't go so far to say that a certain coin could not be in an NGC holder.

    Edited for spelling.
    "It is the mark of an educated mind to be able to entertain a thought without accepting it." -- Aristotle

    For a large selection of U.S. Coins & Currency, visit The Reeded Edge's online webstore at the link below.

    The Reeded Edge
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    DoogyDoogy Posts: 4,508


    << <i>

    << <i>I dont beleive a bit of this. There is no way in hell walker was in an NGC MS64 slab. >>



    I understand what you are saying, but I have seen some real dogs in NGC slabs. I was just looking at a toned seated dime today that was NGC graded MS-66, but has a mark in the right obverse field that was so bad on its own that the coin should have only been a 63/64. I'm not defending PCI's grading, but I won't go so far to say that a certain coin could not be in an NGC holder.

    Edited for spelling. >>




    don't kid yourself, there are a ton of dogs in PCGS holders too; and for that matter, a good majority of PCI slabs out there are true dogs.
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    cucurbitcucurbit Posts: 182 ✭✭
    Here's a few of the original slabs.

    image

    image

    image
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    ShortgapbobShortgapbob Posts: 2,332 ✭✭✭


    << <i>don't kid yourself, there are a ton of dogs in PCGS holders too; and for that matter, a good majority of PCI slabs out there are true dogs. >>



    You are certainly correct with that assesment. I was just basing it off the holder the coin was being compared to and a personal experience from today. There are many dogs in all types of holders.
    "It is the mark of an educated mind to be able to entertain a thought without accepting it." -- Aristotle

    For a large selection of U.S. Coins & Currency, visit The Reeded Edge's online webstore at the link below.

    The Reeded Edge
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    For SkyMan
    Past the limit of my photo ability and my cameras also. "Juiced" a little to bring out contrast. The closeups have the light much closer to the coin. This Walker has plenty of luster and cartwheels like Nadia Komenich.



    imageimageimage
    This is the last time I will ever do this again
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    HeywoodHeywood Posts: 1,246 ✭✭✭
    Coin looks like AU50 all day-

    maybe you should be POed at NGC


    A witty saying proves nothing- Voltaire (1694 - 1778)



    An error does not become truth by reason of multiplied propagation, nor

    does the truth become error because nobody will see it. -Mohandas K. Gandhi (1869-1948)
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    TwoSides2aCoinTwoSides2aCoin Posts: 45,083 ✭✭✭✭✭
    Thanks for getting back with pictures, Gi.
    It's more convincing and the lesson is a well taught one.

    This shouldn't mean that people can go out and buy PCI slabs thinking they will upgrade coins, so I hope new collectors or adventurists don't buy into that thinking.
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    SkyManSkyMan Posts: 9,598 ✭✭✭✭✭
    That coin looks a LOT closer to a 64 than a 50 to me. Given the limits of the image I am not seeing wear on Liberty's left breast or her leg or the upper right part of the eagle's (left) wing. The eagle's belly is harder to tell given the fuzz of the image there, but it still doesn't look worn to me.

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