I would bet a REAL high percentage of PL and DMPL Morgans would fit this bill. One reason this service WILL NEVER see another Morgan from me.
I hardly ever submit, in large part because it's darned hard to find a raw coin that I want to buy. But, in each case except the coin in the OP, PCGS graded the coin the first time through at or near where I thought it should be. What is it about PL and DMPL Morgans that make them susceptible to being bodybagged?
I do not believe in multiple submissions. PCGS or NGC has one chance to get it right. We are not talking about saving lives here. Based on my recent submission experience, it is very doubtful I will ever directly submit to PCGS again. If I do submit a coin for grading, it will be through a dealer.
sorry if i don't know why, but why only thru a dealer?
"government is not reason, it is not eloquence-it is a force! like fire, it is a dangerous servant and a fearful master; never for a moment should it be left to irresponsible action." George Washington
Lee - Now we're cookin'. I take that the cents bagged for color? Believe it or not, that was the reason given for the no-grade of the Shield in the opening post.
<< <i>That this situation has happened just to Lee and to me (well, and to the person who PM'd me) speaks highly of the TPGs' consistency. >>
That is a pretty big leap.
I, like RYK, will not send ANY coin to ANY TPG more than once.
I do not believe in double grading fees, in fact, the fees are not too cheap before you double them when you add in the postage/insurance/time and effort etc. not to mention the fee itself.
-- I, like RYK, will not send ANY coin to ANY TPG more than once. --
Then I'll ask the same question that I asked RYK: Why bother sending a coin for in grading even once? Isn't a coin that's worth submitting once worth submitting again (assuming that you disagree with the first result)?
<< <i>-- I, like RYK, will not send ANY coin to ANY TPG more than once. --
Then I'll ask the same question that I asked RYK: Why bother sending a coin for in grading even once? Isn't a coin that's worth submitting once worth submitting again (assuming that you disagree with the first result)? >>
Hey IGWT, I believe that a coin should be sent in from slabbing with some idea of its condition/grade and some idea if it is a problem coin or not. With that assumption, when a coin gets bagged that should instead be slabbed I believe that the coin should not be sent in to the same company for them to take more of your money than they should have. If you still want the coin slabbed, send the coin in to another company and get it slabbed.
Now I do understand that some feel there is only one company in the whole world that can make their ten dollar raw coin be worth a thousand dollars if it gets slabbed, they just need to wake up. The landscape is going to be a lot different a few years from now the way it was different a few year ago compared to now.
RYK- no offense but every now and then the GAME must be played in their court in order to make it right.
There is no logic to what a grader sees- at times it might be dust in his eye or drank way to much kool aid- but the fact is if the coin has that kind of look and it could be a winner- then send it back with a note from its keeper and mebbe smoeone will take a better look through reading glasses.
<< <i>RYK- no offense but every now and then the GAME must be played in their court in order to make it right.
There is no logic to what a grader sees- at times it might be dust in his eye or drank way to much kool aid- but the fact is if the coin has that kind of look and it could be a winner- then send it back with a note from its keeper and mebbe smoeone will take a better look through reading glasses.
JMO >>
MH2,
No offense taken. I recognize that my sentiments are not shared by the majority. To have perfectly acceptable coins BB'ed on a whim or lark in order to encourage resubmissions, all the while slabbing and overgrading all of this doctored and processed crap, to me is unacceptable. I have already realigned my collection such that the grade on the holder is meaningless. I guess I will have to continue to realign such that the holder is also meaningless.
IMO, the multiple submission game, which plays into the hands of the TPGs (ie. good for business) is ruinous to the coin hobby. I will not support it. When the TPGs choose to align their business to what is in the best interest of the hobby, I will reconsider.
Grading has a subjective component that really seems to be under estimated by many within this hobby. Standards are standards and we all like to see consistency, but so many other factors are considered such as eye appeal, originality and if the coin is not original, is the coin within what the mainstream would consider is market acceptable...
Sorry, but I think the perfection standard expected of TPG is a significant part of the problem because that standard clearly is just not possible... TPG is merely an opinion based on the combined review of graders that are recognized for their experience. I can disagree with them and I have thought my opinion was the better opinion at times and if that is the situation, the coin can either be sold, resubmitted in anticipation for what is believed to be the most appropriate grade or left as is... and living with the opinion.
Experience the World through Numismatics...it's more than you can imagine.
-- I have already realigned my collection such that the grade on the holder is meaningless. I guess I will have to continue to realign such that the holder is also meaningless. --
Why do you have to realign your collection to make either the grade on the holder or the holder itself meaningless? You can simply decide that they're meaningless! It's a lot easier to change how we look at the TPGs than to change our collections.
RYK, there is logic in your Post. You defined the issue within your Post- it is a business, a wonderful and profitable business, but that is all.. Respectfully, John Curlis
<< <i>-- I, like RYK, will not send ANY coin to ANY TPG more than once. --
Then I'll ask the same question that I asked RYK: Why bother sending a coin for in grading even once? Isn't a coin that's worth submitting once worth submitting again (assuming that you disagree with the first result)? >>
Hey IGWT, I believe that a coin should be sent in from slabbing with some idea of its condition/grade and some idea if it is a problem coin or not. With that assumption, when a coin gets bagged that should instead be slabbed I believe that the coin should not be sent in to the same company for them to take more of your money than they should have. If you still want the coin slabbed, send the coin in to another company and get it slabbed.
Now I do understand that some feel there is only one company in the whole world that can make their ten dollar raw coin be worth a thousand dollars if it gets slabbed, they just need to wake up. The landscape is going to be a lot different a few years from now the way it was different a few year ago compared to now. >>
I totally agree with you JRocco... Especially seeing alot of fake coins in fake TPG slabs flooding the coin collecting market place like ebay.
Comments
One reason this service WILL NEVER see another Morgan from me.
I hardly ever submit, in large part because it's darned hard to find a raw coin that I want to buy. But, in each case except the coin in the OP, PCGS graded the coin the first time through at or near where I thought it should be. What is it about PL and DMPL Morgans that make them susceptible to being bodybagged?
Ray
sorry if i don't know why, but why only thru a dealer?
RYK - Then why believe in submitting even once?
Lee - Now we're cookin'.
<< <i>I take that the cents bagged for color? >>
That would be my guess. I believed in the coins, and my source for the coins, that I sent them back in.
<< <i>That this situation has happened just to Lee and to me (well, and to the person who PM'd me) speaks highly of the TPGs' consistency.
That is a pretty big leap.
I, like RYK, will not send ANY coin to ANY TPG more than once.
I do not believe in double grading fees, in fact, the fees are not too cheap before you double them when you add in the postage/insurance/time and effort etc. not to mention the fee itself.
Just one of many.
Russ, NCNE
Then I'll ask the same question that I asked RYK: Why bother sending a coin for in grading even once? Isn't a coin that's worth submitting once worth submitting again (assuming that you disagree with the first result)?
BB'd for reverse scratch- resubmitted- now AU-58.
-Randy Newman
http://www.ebay.com/sch/rs8199/m.html?_nkw=&_armrs=1&_ipg=&_from=
<< <i>-- I, like RYK, will not send ANY coin to ANY TPG more than once. --
Then I'll ask the same question that I asked RYK: Why bother sending a coin for in grading even once? Isn't a coin that's worth submitting once worth submitting again (assuming that you disagree with the first result)? >>
Hey IGWT,
I believe that a coin should be sent in from slabbing with some idea of its condition/grade and some idea if it is a problem coin or not.
With that assumption, when a coin gets bagged that should instead be slabbed I believe that the coin should not be sent in to the same company for them to take more of your money than they should have. If you still want the coin slabbed, send the coin in to another company and get it slabbed.
Now I do understand that some feel there is only one company in the whole world that can make their ten dollar raw coin be worth a thousand dollars if it gets slabbed, they just need to wake up. The landscape is going to be a lot different a few years from now the way it was different a few year ago compared to now.
<< <i>Was PCGS OGH MS61, was cracked out and submitted. BB for color, was resubmitted and came back MS63.
PCGS thanks you very much.
There is no logic to what a grader sees- at times it might be dust in his eye or drank way to much kool aid- but the fact is if the coin has that kind of look and it could be a winner- then send it back with a note from its keeper and mebbe smoeone will take a better look through reading glasses.
JMO
<< <i>RYK- no offense but every now and then the GAME must be played in their court in order to make it right.
There is no logic to what a grader sees- at times it might be dust in his eye or drank way to much kool aid- but the fact is if the coin has that kind of look and it could be a winner- then send it back with a note from its keeper and mebbe smoeone will take a better look through reading glasses.
JMO >>
MH2,
No offense taken. I recognize that my sentiments are not shared by the majority. To have perfectly acceptable coins BB'ed on a whim or lark in order to encourage resubmissions, all the while slabbing and overgrading all of this doctored and processed crap, to me is unacceptable. I have already realigned my collection such that the grade on the holder is meaningless. I guess I will have to continue to realign such that the holder is also meaningless.
IMO, the multiple submission game, which plays into the hands of the TPGs (ie. good for business) is ruinous to the coin hobby. I will not support it. When the TPGs choose to align their business to what is in the best interest of the hobby, I will reconsider.
RYK
Sorry, but I think the perfection standard expected of TPG is a significant part of the problem because that standard clearly is just not possible... TPG is merely an opinion based on the combined review of graders that are recognized for their experience. I can disagree with them and I have thought my opinion was the better opinion at times and if that is the situation, the coin can either be sold, resubmitted in anticipation for what is believed to be the most appropriate grade or left as is... and living with the opinion.
Experience the World through Numismatics...it's more than you can imagine.
Why do you have to realign your collection to make either the grade on the holder or the holder itself meaningless? You can simply decide that they're meaningless! It's a lot easier to change how we look at the TPGs than to change our collections.
<< <i>BB'ed on a whim or lark in order to encourage resubmissions >>
RYK, is that your gut feeling or do you have evidence PCGS does this to members?
Me, I'm in the dark because I don't personally know any graders who could verify this accusation.
"Inspiration exists, but it has to find you working" Pablo Picasso
'cause I'm still in the dark and very curious.
"Inspiration exists, but it has to find you working" Pablo Picasso
<< <i>
<< <i>-- I, like RYK, will not send ANY coin to ANY TPG more than once. --
Then I'll ask the same question that I asked RYK: Why bother sending a coin for in grading even once? Isn't a coin that's worth submitting once worth submitting again (assuming that you disagree with the first result)? >>
Hey IGWT,
I believe that a coin should be sent in from slabbing with some idea of its condition/grade and some idea if it is a problem coin or not.
With that assumption, when a coin gets bagged that should instead be slabbed I believe that the coin should not be sent in to the same company for them to take more of your money than they should have. If you still want the coin slabbed, send the coin in to another company and get it slabbed.
Now I do understand that some feel there is only one company in the whole world that can make their ten dollar raw coin be worth a thousand dollars if it gets slabbed, they just need to wake up. The landscape is going to be a lot different a few years from now the way it was different a few year ago compared to now. >>
I totally agree with you JRocco... Especially seeing alot of fake coins in fake TPG slabs flooding the coin collecting market place like ebay.
<< <i>ttt
'cause I'm still in the dark and very curious. >>
See other post on front page with pics of BBed coins now in pcgs holders and I am sure the same could be said about other TPGs