Look at all those body bags!!!

Goldbully

I was browsing the "Shared Orders" page 1 and once again found 2 horrible submissions(not mine).

We're talking ~50% BB's on these submissions.

Don't these submitters have a clue that they are sending in crap?

Are they buying from guys like Topline and just hoping something sticks???


11 out of 24


12 out of 22

orie

I'd look at it as an educational experience and well worth the money. Hopefully the experience will get be a bit more enjoyable.

DJCoinz

uhh, topline who?

Russ

<< <i>uhh, topline who? >>



eBay seller out of Texas who lists a lot of raw stuff.

Russ, NCNE

Frankcoins

But they are saving a couple of bucks on each coin submitted by not going through a PCGS member-dealer.

MadMarty

Man, I have got to stop hitting that shared button!

tmot99

When I read the title, I thought for sure this was a Marty post.

Coxe

Look at what did grade. These submissions are < $50 coins, at least the silver dollars are, with a couple exceptions: the 1923 in 65 and the 1896-O AU (which is overpriced in the market IMO). The submitter(s) obviously doesn't understand how to grade and how to determine what makes sense to submit.

RWB

When coin buyers (as opposed to “coin collectors”) fail to learn the most basic points of coin grading and preservation – amount of wear, cleaning, tooling and simple alterations – they automatically assign all control over such determinations to sellers or third-parties. All of these are more than willing to take the coin buyer’s money in exchange for an opinion the coin buyer could easily have developed on his own.

The money thus wasted by coin buyers might be half or more of the total they spend on coins. In these circumstances, buying rusted Desoto hubcaps would be wiser.

Coxe

<< <i>The money thus wasted by coin buyers might be half or more of the total they spend on coins. In these circumstances, buying rusted Desoto hubcaps would be wiser. >>



That reminds me. In my youth I used to take the chrome (and similar) from the junked old cars at the scrapyard thinking they would be worth a bit of money to restorers in the future. Forgot whatever happened to that cache.

RWB

Same for my license plate collection....probably on somebody's recroom wall.

Animalkeeper

Tuition. Been there, done that.....

RWB

..am there, doing that....might as well be broke.

Aegis3

<< <i>I was browsing the "Shared Orders" page 1 and once again found 2 horrible submissions(not mine).

We're talking ~50% BB's on these submissions.

Don't these submitters have a clue that they are sending in crap?

Are they buying from guys like Topline and just hoping something sticks???


11 out of 24


12 out of 22 >>



Why are you looking at the bodybag ratio? Look at what was submitted in those orders. Other than perhaps the 1886 5c, was there really anything that really needed some company's opinion as to grade or authenticity? No! (And worse, the 1886 got BB'd for something which occurred at the mint, not after the coin left it! Not in any sense can this be claimed to be the submitter's fault.) There's no good reason these coins were submitted, and suggests that the submitters allowed themselves to succumb to certain pro-slab propaganda. And the grading services had no problem with this either. (And that's being nice to the companies.) Slabbing companies _really_ should send to (apparent) first time submitters (or more precisely, those showing desires to become a submitter) some sort of notice that first-time submitters should seriously consider going through a dealer/knowledgeable collector first, rather than blindly sending their coins. It certainly makes one wonder just how much more the companies care about money than they do about coins.
</rant off>

cheezhed

I just don't understand slabbing the common date (1921) Morgans, both submissions had ones that were cleaned or had other problems, and the ones that graded were AU or low grade MS.

notwilight

"Are you telling me that 200 of our men against your boy is a no win situation for us?"

"You send in that many; don't forget one thing."

"What?"

"A good supply of body bags."

--First Blood, 1982

Goldbully

<< <i>

<< <i>I was browsing the "Shared Orders" page 1 and once again found 2 horrible submissions(not mine).

We're talking ~50% BB's on these submissions.

Don't these submitters have a clue that they are sending in crap?

Are they buying from guys like Topline and just hoping something sticks???


11 out of 24


12 out of 22 >>



Why are you looking at the bodybag ratio? Look at what was submitted in those orders. Other than perhaps the 1886 5c, was there really anything that really needed some company's opinion as to grade or authenticity? No! (And worse, the 1886 got BB'd for something which occurred at the mint, not after the coin left it! Not in any sense can this be claimed to be the submitter's fault.) There's no good reason these coins were submitted, and suggests that the submitters allowed themselves to succumb to certain pro-slab propaganda. And the grading services had no problem with this either. (And that's being nice to the companies.) Slabbing companies _really_ should send to (apparent) first time submitters (or more precisely, those showing desires to become a submitter) some sort of notice that first-time submitters should seriously consider going through a dealer/knowledgeable collector first, rather than blindly sending their coins. It certainly makes one wonder just how much more the companies care about money than they do about coins.
</rant off> >>



Nice post post Aegis

I agree, why submit these marginal coins in the first place.......

I like your term, "pro-slab propaganda".......not really sure of this submitter's intentions!!!!

BAJJERFAN

<< <i>Slabbing companies _really_ should send to (apparent) first time submitters (or more precisely, those showing desires to become a submitter) some sort of notice that first-time submitters should seriously consider going through a dealer/knowledgeable collector first, rather than blindly sending their coins. It certainly makes one wonder just how much more the companies care about money than they do about coins. >>



Shouldn't PCGS or any TPG for that matter be able to assume that the customer has at least some rudimentary knowledge about coins, grades and the slabbing process? How often do see comments here about certain raw coins being bought or sold and why isn't it slabbed? People have become so infused with the hype about why isn't it slabbed that they apparently just submit anything and everything.

Boom

School of Hard Knocks, for sure.

Greeniejr

You all flame about paying the few extra dollars you pay to submit coins through a dealer, but have you thought of the services they provide especially for the clueless. We turn away at least half the people who come in wanting to submit coins because they want to send in coins that will either body bag or have no reason to be in slabs. We do take the time to educate the collector as to why including our grade opinion or reason it would bodybag.

zzzz

This isn't some newbie
if you look he/she submits a lot of coins since 2001