Sad news from PCGS on the Formative Rail Splitter Penny.
YaHa
Posts: 4,220 ✭
I just had my submission logged in and was refunded my money for 1st Strike label.
No First Strike for this 2nd series lincoln cent.. Don't know why, but I believe PCGS is the boss and I will accept that..
No First Strike for this 2nd series lincoln cent.. Don't know why, but I believe PCGS is the boss and I will accept that..
0
Comments
<< <i>that should be "first day of issue," assuming your postmark was the 14th >>
Yeppers it was Post marked. They are not doing it for this coin as per refund and email..
<< <i>Only dealers can submit for FDI labels. No 1st strike for these either. I called PCGS last week and pleaded for FDI labels....no dice. Needless to say they lost my Business as I sent a boatload to NGC last Thursday, they gladly accepted my Zincolns for FDI labels. >>
Hmmm
I called Cust. Serv. and made it clear to them I was a member, not a dealer, sending in bulk for FDI and the rep didn't say a word about "dealers only."
I'll have to call again tomorrow...
Mine was for FDI Van Buren dollar coins, btw.
I haven't sent them in yet.
I started a new topic about "bulk submission.... worth it these days?" and received no advice (due to no replies).
I'm still waffling on the idea.
Would I be allowed and would it help much to make the 60% threshold to state "Min. MS65 -or- any grade on any error or variety" ? I guess I'll ask if I'm allowed tomorrow.
<< <i>
<< <i>Only dealers can submit for FDI labels. No 1st strike for these either. I called PCGS last week and pleaded for FDI labels....no dice. Needless to say they lost my Business as I sent a boatload to NGC last Thursday, they gladly accepted my Zincolns for FDI labels. >>
Hmmm
I called Cust. Serv. and made it clear to them I was a member, not a dealer, sending in bulk for FDI and the rep didn't say a word about "dealers only."
I'll have to call again tomorrow...
Mine was for FDI Van Buren dollar coins, btw.
I haven't sent them in yet.
I started a new topic about "bulk submission.... worth it these days?" and received no advice (due to no replies).
I'm still waffling on the idea.
Would I be allowed and would it help much to make the 60% threshold to state "Min. MS65 -or- any grade on any error or variety" ? I guess I'll ask if I'm allowed tomorrow. >>
I spoke to a very knowledgable rep who pointed me to the website page that states FDI is Dealers only.....I'll try to find it.
"Effective July 1, 2008, special inserts (States Flags, Signature Series, Satin Finish, etc.) will only be available to PCGS Authorized Dealers through the Bulk Submissions program and are not available to Collectors Club members.
These changes are being made to speed up and streamline processing and turnaround times at PCGS. Any bulk submissions received by PCGS or postmarked before July 1 will be processed under the old Bulk Submission program rules."
FDI labels fall under this category per my PCGS rep.
I asked about the dated boxes of Harrison rolls from the Mint. (WH2 and WH4) All of mine are dated before the public release date.
The rep I talked with said they only do the boxes from the Fed Reserve.
<< <i>
<< <i>that should be "first day of issue," assuming your postmark was the 14th >>
Yeppers it was Post marked. They are not doing it for this coin as per refund and email.. >>
hmmm and yet NGC does
They required a SEALED BOX of 2500 ($25 FACE) to be submitted -minimum - with date stamp on box of 5/14 or earlier (we all know the date stamp on box is from "coin service" packing date, which can be earlier than release date)
Then they are subject to your min grade, min 60% pass through, etc etc etc, per the rules.....
You would have soo much tied up in slab cost if you werent a huge retailer the cost would sink you
From what I understand, the big dealers in FDI Presidential Dollars send in $1,000 boxes with the prerelease date and PCGS simply pulls from the box when the dealer wants another submission. In other words, you would not have to do the entire 2,500 coins all at once.
But, a minimum grade would have to be specified and for the Presidential Dollars the lowest minimum you can specify is MS66. You could specify MS65 but those coins usually do not sell for the $10 slabbing fee.
The same may be true for the zincolns.
As for collectors club members submitting for First Day of Issue Inserts, fuh-getaboutit!
The name is LEE!
WS
On the other hand...bulk slabbing First Day Issue makes little demand on the coins condition, since you are only selling...well, how quick you bought them.
That significance is important to many and justifies large numbers of submissions.
<< <i>What next ? I love change, but this is getting crazy
.........well if you do then you're gonna love the change for the people drawing ssi and ssi disability next year.....................NO MORE COST OF LIVING RAISES!!!
...........i wonder if that fact will be printed (small print i'm sure) on the bottom of the 250 dollar one time only check this year?
<< <i>all i know is that submission requirements have changed, and 2500 was the minimum for the Lincolns through a dealer, not thru an individual account >>
I'm not saying that you are wrong, only that a 2500 coin submission is an option since PCGS does keep partial dealer submissions in storage. Yes the entire "sealed" box needs to be ,ailed to PCGS but not all of the 2500 coins in that box have to be graded at once. PCGS will store what is not graded since PCGS already determined that what was stored is FDI qualified.
The name is LEE!
<< <i>Yesterday PCGS told me dealers only and $25,000 is the cost $10 times 2500 coins. >>
100% correct sir. So, I am very worried if you will see any until the new rolls come out.. Or someone has a friend at the mint working graveyard shift for HSN..
The label will be First Day Issue. Not first strikes..
<< <i>Yesterday PCGS told me dealers only and $25,000 is the cost $10 times 2500 coins. >>
today... told me it IS members and dealers.... First Strike and FDI are both... Bicentennial, Gold Label UHR, and other special labels are dealer only.
however, it is only bulk tho.
<< <i>From the website: SPECIAL INSERTS
"Effective July 1, 2008, special inserts (States Flags, Signature Series, Satin Finish, etc.) will only be available to PCGS Authorized Dealers through the Bulk Submissions program and are not available to Collectors Club members.
These changes are being made to speed up and streamline processing and turnaround times at PCGS. Any bulk submissions received by PCGS or postmarked before July 1 will be processed under the old Bulk Submission program rules."
FDI labels fall under this category per my PCGS rep. >>
heh. isn't this fun?!?
I'm going to have to e-mail customer service and show them this thread.
on the web site, they need to list each special insert and classify them as dealer only or both.
E-Mail Sent to info@pcgs.com !
The first day of issue label is considered a “special insert” and is only available if a dealer submits through the bulk service. I’m sorry that this is not very clear on the web site. I will work on getting that information re-written so that it’s easier to understand. The only special label collectors club members can receive is first strike since that is available without having to go through bulk.
And the wording generates more questions. The wording "since that is available without having to go through bulk" seems to imply that bulk is required to get special inserts, however bulk is available to members.
Hmmmm....
I need more clarification.
Leo
The more qualities observed in a coin, the more desirable that coin becomes!
My Jefferson Nickel Collection
one person gets a "no" and I get a "yes"
I e-mail and got what reads as a "no" but the wording of the last line leads me to question the author's reasoning.
I'll take an answer either way... just looking for clarity.
You will score !
<< <i>Good news for eagle eyes : Find and submit the MS68's.
You will score ! >>
Yea right. Do you guys think a coin submitted thru Variety submisson has no chance of getting a high grade period.
If submitted to the modern tier grading expert you should get a fair shake.
I have great eyes, can pick a 66/67 everytime and thought 2 of my great blazers would be high but got only grades of 65/64
Also talked to dealers and a former grader and although my coins that had the so called die chips should not be downgraded for the reason of coin strike as is... TPGS cannot have their cake and eat it too.. I have 2 2008 MS 67 lincolns that look like they came out of a recent firemans coat. Black spots all over with a hit here or there.. Ms 67
I would take the PCGS word on the cent before most of the people on the board (some lincoln experts aside).
You sent them in to get their OPINION and they gave it to you. I doubt, if they considered it a die chip, that they downgraded them because of the ding.
Likely, they didn't see the overall coin as higher than a 65.
MsMorrisine, reading what you got from PCGS (phone call aside), I am not confused....maybe it is because I have been on the boards while the policies were changing. They had closed bulk to collectors and reopened it. That's the bulk part that you are reading. However, aside from the 1st strike, it is clear that they don't want to do the special inserts for anyone but dealers (yes, they mention bulk and, while not a dealer, I have seen questions come up from those wanting the special flag inserts for the state quarters...only open to dealers I believe, the whole time....the multiholders for the state quarters, again, only open to dealers...probably only in bulk, ..... etc).
What I also read from what you received was FDI is only for dealers AND ONLY if they submit in bulk. Still doesn't change the fact that dealers have privileges that collectors don't. While not available to everyone (due to distance, etc), one could always try having a dealer submit for you to get these special inserts; I know some dealers have offered that service to help bridge the gap.
As for the title, I don't see this as "sad" news. "Upsetting:, maybe, for those that want it. "Sad", no.
I've been told I tolerate fools poorly...that may explain things if I have a problem with you. Current ebay items - Nothing at the moment
<< <i>Unless you have proof that they downgraded because of the ding in them, you shouldn't speculate.
I would take the PCGS word on the cent before most of the people on the board (some lincoln experts aside).
You sent them in to get their OPINION and they gave it to you. I doubt, if they considered it a die chip, that they downgraded them because of the ding.
Likely, they didn't see the overall coin as higher than a 65.
MsMorrisine, reading what you got from PCGS (phone call aside), I am not confused....maybe it is because I have been on the boards while the policies were changing. They had closed bulk to collectors and reopened it. That's the bulk part that you are reading. However, aside from the 1st strike, it is clear that they don't want to do the special inserts for anyone but dealers (yes, they mention bulk and, while not a dealer, I have seen questions come up from those wanting the special flag inserts for the state quarters...only open to dealers I believe, the whole time....the multiholders for the state quarters, again, only open to dealers...probably only in bulk, ..... etc).
What I also read from what you received was FDI is only for dealers AND ONLY if they submit in bulk. Still doesn't change the fact that dealers have privileges that collectors don't. While not available to everyone (due to distance, etc), one could always try having a dealer submit for you to get these special inserts; I know some dealers have offered that service to help bridge the gap.
As for the title, I don't see this as "sad" news. "Upsetting:, maybe, for those that want it. "Sad", no. >>
Wrong again Mr. Bochiman or whomever you really are behind that name.. My submission notes were as follow... Per Diane reading them to me. My coin was viewed under Variety submission and "RAISED" Die Chips were noted, but due to small size the coin cannot be slabbed as a new Variety at this time.. "END OF STORY" Dings are indentations=Slight or Deep recess.. Die Chips 101= Raised surface..
P.S. Chatted with Paul over at ANACS and we all know ANACS is the speciality error authenticator... He told me a few coins with raised Die Chips as the ones I mentioned have came through their grading room, but until CONCECA deems this coin to be viewed as a Variety, he stated at this time they will not label it so..
Mr. Bochiman, Ken Potter has a superior book on different variety coins. You would be amazed to find out a little more information on about the MINT DIE and why things happen.. I have read it many times, still do, and this is why I started the first thread on this issue.. Anything is worth a shot when I know what I am talking about.. I thought I would share this with the forum. I think that is why they have this place correct.. I have had a nice educational email from the other "KING" of errors on this issue and that is whom I value he theory on.. He warm background educated me even more on Die Chips. Die Cracks. are errors but not huge as in Die Clips, Double Dies, Off Strikes and more..
I thought to myself it's 2009 and the mint is striking coins that have Die problems.. Funny thing John Doe or Hazel Street can't even buy them in public.. So, I would be a unhappy camper knowing what I know that were in my rolls and over 100,000 sets were sold at $8.95..
As I already knew there is a market out there Mr. Bochiman for these Die Chips, Errors,Cuds and more. Maybe not for you or others and that's ok..My bank account just reminded me there is just this past week selling 5 more for moon money.. Even the "King" of errors chuckled and told me Ebay is the place for your coins George.
oh gentlemen.
Edit to go from a laugh to a smile.
(there's a bit of a chuckle too)
"sad" is the wrong word George, but I love the presentation.
<< <i>
<< <i>Unless you have proof that they downgraded because of the ding in them, you shouldn't speculate.
I would take the PCGS word on the cent before most of the people on the board (some lincoln experts aside).
You sent them in to get their OPINION and they gave it to you. I doubt, if they considered it a die chip, that they downgraded them because of the ding.
Likely, they didn't see the overall coin as higher than a 65.
MsMorrisine, reading what you got from PCGS (phone call aside), I am not confused....maybe it is because I have been on the boards while the policies were changing. They had closed bulk to collectors and reopened it. That's the bulk part that you are reading. However, aside from the 1st strike, it is clear that they don't want to do the special inserts for anyone but dealers (yes, they mention bulk and, while not a dealer, I have seen questions come up from those wanting the special flag inserts for the state quarters...only open to dealers I believe, the whole time....the multiholders for the state quarters, again, only open to dealers...probably only in bulk, ..... etc).
What I also read from what you received was FDI is only for dealers AND ONLY if they submit in bulk. Still doesn't change the fact that dealers have privileges that collectors don't. While not available to everyone (due to distance, etc), one could always try having a dealer submit for you to get these special inserts; I know some dealers have offered that service to help bridge the gap.
As for the title, I don't see this as "sad" news. "Upsetting:, maybe, for those that want it. "Sad", no. >>
Wrong again Mr. Bochiman or whomever you really are behind that name.. My submission notes were as follow... Per Diane reading them to me. My coin was viewed under Variety submission and "RAISED" Die Chips were noted, but due to small size the coin cannot be slabbed as a new Variety at this time.. "END OF STORY" Dings are indentations=Slight or Deep recess.. Die Chips 101= Raised surface..
P.S. Chatted with Paul over at ANACS and we all know ANACS is the speciality error authenticator... He told me a few coins with raised Die Chips as the ones I mentioned have came through their grading room, but until CONCECA deems this coin to be viewed as a Variety, he stated at this time they will not label it so..
Mr. Bochiman, Ken Potter has a superior book on different variety coins. You would be amazed to find out a little more information on about the MINT DIE and why things happen.. I have read it many times, still do, and this is why I started the first thread on this issue.. Anything is worth a shot when I know what I am talking about.. I thought I would share this with the forum. I think that is why they have this place correct.. I have had a nice educational email from the other "KING" of errors on this issue and that is whom I value he theory on.. He warm background educated me even more on Die Chips. Die Cracks. are errors but not huge as in Die Clips, Double Dies, Off Strikes and more..
I thought to myself it's 2009 and the mint is striking coins that have Die problems.. Funny thing John Doe or Hazel Street can't even buy them in public.. So, I would be a unhappy camper knowing what I know that were in my rolls and over 100,000 sets were sold at $8.95..
As I already knew there is a market out there Mr. Bochiman for these Die Chips, Errors,Cuds and more. Maybe not for you or others and that's ok..My bank account just reminded me there is just this past week selling 5 more for moon money.. Even the "King" of errors chuckled and told me Ebay is the place for your coins George. >>
SO....If I read this correctly, IF... and a BIG IF it is, CONECA states, well golly gee boys and girls, we have ourselves a variety, THEN, one could submit the coins and get the designation marked on the slab.
Did I get that right?
AND YES, I would want that on a slab I submit because much like Yaha, most of the coins I have with the chip/error/soon to be hopefully variety, look sweet and would grade well.
<< <i>
oh gentlemen.
Edit to go from a laugh to a smile.
(there's a bit of a chuckle too)
"sad" is the wrong word George, but I love the presentation. >>
oh, gentleman... chuckle...
??? referred to "why are you teasing???"
it'll be a "darn" moment.. but I can still submit through a dealer.
as I was saying, the wording makes me question the reasoning... what Bochiman makes sense.
Here it is as it is predicted to turn out:
The only special insert available to members is the "First Strike" insert. All others are available to dealers, and dealers must use the bulk submission process to request them.
Simple, and it doesn't tie the words "bulk" and "member" together in the same sentence.
Hello,
Only the first strike label is available to collectors club members since you can get it without going through the bulk department. Members can submit through bulk but cannot have special inserts. If you’re still confused, feel free to give us a call at 1-800-447-8848 and maybe it will make more sense to talk through it.
Thank you,
Please... no more!
(note: underline included in e-mail
OK. I'll leave you alone PCGS. But, still, I like the message board responses better.
I still have to decide whether to submit my FDoI eligible Van Buren $1's through a dealer... Hmm..... bulk... that seems to describe the final cost well if it's under 60%
decisions, decisions.
<< <i>
<< <i>
<< <i>Unless you have proof that they downgraded because of the ding in them, you shouldn't speculate.
I would take the PCGS word on the cent before most of the people on the board (some lincoln experts aside).
You sent them in to get their OPINION and they gave it to you. I doubt, if they considered it a die chip, that they downgraded them because of the ding.
Likely, they didn't see the overall coin as higher than a 65.
MsMorrisine, reading what you got from PCGS (phone call aside), I am not confused....maybe it is because I have been on the boards while the policies were changing. They had closed bulk to collectors and reopened it. That's the bulk part that you are reading. However, aside from the 1st strike, it is clear that they don't want to do the special inserts for anyone but dealers (yes, they mention bulk and, while not a dealer, I have seen questions come up from those wanting the special flag inserts for the state quarters...only open to dealers I believe, the whole time....the multiholders for the state quarters, again, only open to dealers...probably only in bulk, ..... etc).
What I also read from what you received was FDI is only for dealers AND ONLY if they submit in bulk. Still doesn't change the fact that dealers have privileges that collectors don't. While not available to everyone (due to distance, etc), one could always try having a dealer submit for you to get these special inserts; I know some dealers have offered that service to help bridge the gap.
As for the title, I don't see this as "sad" news. "Upsetting:, maybe, for those that want it. "Sad", no. >>
Wrong again Mr. Bochiman or whomever you really are behind that name.. My submission notes were as follow... Per Diane reading them to me. My coin was viewed under Variety submission and "RAISED" Die Chips were noted, but due to small size the coin cannot be slabbed as a new Variety at this time.. "END OF STORY" Dings are indentations=Slight or Deep recess.. Die Chips 101= Raised surface..
P.S. Chatted with Paul over at ANACS and we all know ANACS is the speciality error authenticator... He told me a few coins with raised Die Chips as the ones I mentioned have came through their grading room, but until CONCECA deems this coin to be viewed as a Variety, he stated at this time they will not label it so..
Mr. Bochiman, Ken Potter has a superior book on different variety coins. You would be amazed to find out a little more information on about the MINT DIE and why things happen.. I have read it many times, still do, and this is why I started the first thread on this issue.. Anything is worth a shot when I know what I am talking about.. I thought I would share this with the forum. I think that is why they have this place correct.. I have had a nice educational email from the other "KING" of errors on this issue and that is whom I value he theory on.. He warm background educated me even more on Die Chips. Die Cracks. are errors but not huge as in Die Clips, Double Dies, Off Strikes and more..
I thought to myself it's 2009 and the mint is striking coins that have Die problems.. Funny thing John Doe or Hazel Street can't even buy them in public.. So, I would be a unhappy camper knowing what I know that were in my rolls and over 100,000 sets were sold at $8.95..
As I already knew there is a market out there Mr. Bochiman for these Die Chips, Errors,Cuds and more. Maybe not for you or others and that's ok..My bank account just reminded me there is just this past week selling 5 more for moon money.. Even the "King" of errors chuckled and told me Ebay is the place for your coins George. >>
SO....If I read this correctly, IF... and a BIG IF it is, CONECA states, well golly gee boys and girls, we have ourselves a variety, THEN, one could submit the coins and get the designation marked on the slab.
Did I get that right?
AND YES, I would want that on a slab I submit because much like Yaha, most of the coins I have with the chip/error/soon to be hopefully variety, look sweet and would grade well. >>
Even is CONCECA likes it, unless it's given a FS# (or whatever they are using now) PCGS still won't attribute it.
<< <i>
<< <i>
<< <i>
<< <i>Unless you have proof that they downgraded because of the ding in them, you shouldn't speculate.
I would take the PCGS word on the cent before most of the people on the board (some lincoln experts aside).
You sent them in to get their OPINION and they gave it to you. I doubt, if they considered it a die chip, that they downgraded them because of the ding.
Likely, they didn't see the overall coin as higher than a 65.
MsMorrisine, reading what you got from PCGS (phone call aside), I am not confused....maybe it is because I have been on the boards while the policies were changing. They had closed bulk to collectors and reopened it. That's the bulk part that you are reading. However, aside from the 1st strike, it is clear that they don't want to do the special inserts for anyone but dealers (yes, they mention bulk and, while not a dealer, I have seen questions come up from those wanting the special flag inserts for the state quarters...only open to dealers I believe, the whole time....the multiholders for the state quarters, again, only open to dealers...probably only in bulk, ..... etc).
What I also read from what you received was FDI is only for dealers AND ONLY if they submit in bulk. Still doesn't change the fact that dealers have privileges that collectors don't. While not available to everyone (due to distance, etc), one could always try having a dealer submit for you to get these special inserts; I know some dealers have offered that service to help bridge the gap.
As for the title, I don't see this as "sad" news. "Upsetting:, maybe, for those that want it. "Sad", no. >>
Wrong again Mr. Bochiman or whomever you really are behind that name.. My submission notes were as follow... Per Diane reading them to me. My coin was viewed under Variety submission and "RAISED" Die Chips were noted, but due to small size the coin cannot be slabbed as a new Variety at this time.. "END OF STORY" Dings are indentations=Slight or Deep recess.. Die Chips 101= Raised surface..
P.S. Chatted with Paul over at ANACS and we all know ANACS is the speciality error authenticator... He told me a few coins with raised Die Chips as the ones I mentioned have came through their grading room, but until CONCECA deems this coin to be viewed as a Variety, he stated at this time they will not label it so..
Mr. Bochiman, Ken Potter has a superior book on different variety coins. You would be amazed to find out a little more information on about the MINT DIE and why things happen.. I have read it many times, still do, and this is why I started the first thread on this issue.. Anything is worth a shot when I know what I am talking about.. I thought I would share this with the forum. I think that is why they have this place correct.. I have had a nice educational email from the other "KING" of errors on this issue and that is whom I value he theory on.. He warm background educated me even more on Die Chips. Die Cracks. are errors but not huge as in Die Clips, Double Dies, Off Strikes and more..
I thought to myself it's 2009 and the mint is striking coins that have Die problems.. Funny thing John Doe or Hazel Street can't even buy them in public.. So, I would be a unhappy camper knowing what I know that were in my rolls and over 100,000 sets were sold at $8.95..
As I already knew there is a market out there Mr. Bochiman for these Die Chips, Errors,Cuds and more. Maybe not for you or others and that's ok..My bank account just reminded me there is just this past week selling 5 more for moon money.. Even the "King" of errors chuckled and told me Ebay is the place for your coins George. >>
SO....If I read this correctly, IF... and a BIG IF it is, CONECA states, well golly gee boys and girls, we have ourselves a variety, THEN, one could submit the coins and get the designation marked on the slab.
Did I get that right?
AND YES, I would want that on a slab I submit because much like Yaha, most of the coins I have with the chip/error/soon to be hopefully variety, look sweet and would grade well. >>
Even is CONCECA likes it, unless it's given a FS# (or whatever they are using now) PCGS still won't attribute it. >>
AND........whats involved in getting a FS#?
I've been told I tolerate fools poorly...that may explain things if I have a problem with you. Current ebay items - Nothing at the moment