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PCI Graded U.S. $'s. Help, PLEASE

DurmexDurmex Posts: 104
in U.S. Coin Forum
Have come across a small group of these.
Slabbed by PCI, Photo-Certified Coin Institute, Chattanooga, Tenn.
How would their grades compare to current PCGS or ANACS
Found 2 letters in with the coins where they rejected and did not slab, but graded them.
Graded in 1991 and 1993.
Some carry the designation PQ (proof quality?) instead of PL

Any info, especially as to grading standards would be a big help.

Comments

  • Mar327Mar327 Posts: 2,074
    Don't know much about how they'd compare, but PQ would probably mean Premium Quality. Lots of people use the term PQ in talking about coins they feel are good for the grade, or very eye appealing.
    Have bought and sold on BST, many references available when asked.
  • BillJonesBillJones Posts: 34,260 ✭✭✭✭✭
    These less than front line grading companies should be treated as raw coins when you are buying. Take nothing for granted.

    The coins could be okay and as graded or they could well below industry standards. No one can tell you how good they are without looking at the coins in question.
    Retired dealer and avid collector of U.S. type coins, 19th century presidential campaign medalets and selected medals. In recent years I have been working on a set of British coins - at least one coin from each king or queen who issued pieces that are collectible. I am also collecting at least one coin for each Roman emperor from Julius Caesar to ... ?
  • PerryHallPerryHall Posts: 46,367 ✭✭✭✭✭
    There was a change in ownership a PCI. The early ones with the green labels were graded fairly conservatively and frequently cross or sometimes upgrade at PCGS or NGC. The gold label holders were graded more liberally and need to be evaluated on a case by case basis. Some good pis would help.

    Worry is the interest you pay on a debt you may not owe.
    "Paper money eventually returns to its intrinsic value---zero."----Voltaire
    "Everything you say should be true, but not everything true should be said."----Voltaire

  • ZoinsZoins Posts: 34,353 ✭✭✭✭✭
    As Perry says, the green (and red labels) tended to be more conservative. Red labels have even been known to upgrade at PCGS. As always, a lot depends on the specific coin(s) in question.
    Private Mint News | 2010 Lincoln Reverse Finalists
  • Steve27Steve27 Posts: 13,274 ✭✭✭


    << <i>As Perry says, the green (and red labels) tended to be more conservative. Red labels have even been known to upgrade at PCGS. As always, a lot depends on the specific coin(s) in question. >>





    Unless my memory has gone bad, the red label was reserved for problem coins.



    Do the slabs look like this?

    image
    "It's far easier to fight for principles, than to live up to them." Adlai Stevenson
  • ZoinsZoins Posts: 34,353 ✭✭✭✭✭


    << <i>

    << <i>As Perry says, the green (and red labels) tended to be more conservative. Red labels have even been known to upgrade at PCGS. As always, a lot depends on the specific coin(s) in question. >>

    Unless my memory has gone bad, the red label was reserved for problem coins. >>

    Yes, but one TPG's problem coin can be another TPG's problem free coin.
    Private Mint News | 2010 Lincoln Reverse Finalists
  • BaronVonBaughBaronVonBaugh Posts: 1,837 ✭✭✭✭
    If the PCI coins can be had at a good price and you like them, go for it. The green labels will usually cross straight with an occasional upgrade. The gold labels usually drop a point from my experience. The last gold one I tried came back as a PR67CAM. It was a PR68 DCAM, but it was what I expected. That was on a free quarterly sometime last year.
    1938-64_Jefferson_Nickel_Proofs
  • BillJonesBillJones Posts: 34,260 ✭✭✭✭✭
    My experience with the green label PCI coins was that they were all over place. Yes some crossed and some up-graded, but from what I could see buying them blind was not a great idea.
    Retired dealer and avid collector of U.S. type coins, 19th century presidential campaign medalets and selected medals. In recent years I have been working on a set of British coins - at least one coin from each king or queen who issued pieces that are collectible. I am also collecting at least one coin for each Roman emperor from Julius Caesar to ... ?
  • messydeskmessydesk Posts: 20,064 ✭✭✭✭✭
    If the font matches that posted by Steve27, then you have a "good" generation of PCI slabs. I've crossed and upgraded a handful of these, but it's not a hard and fast rule. Post pics if you want specific opinions.
    John
    Keeper of the VAM Catalog • Professional Coin Imaging • Prime Number Set • World Coins in Early America • British Trade Dollars • Variety Attribution
  • DurmexDurmex Posts: 104
    Many thanks for your replies and the good info.
    I edited this question. Maybe that's why it shows ) replies! Glad I checked anyway!
    They are exactly like the photo in Steve 27's reply.
    I also found 2 letters that were with the collection that showed a number of coins returned, ungraded, for various reasons.
    So, it doesn't appear that they were "easy.
    This site has helped me on several occassions.
    Thanks again.
  • DurmexDurmex Posts: 104
    Thanks for your reply.
    My inquiry is showing 0 replies, when in fact I got about 7.
    Very helpful info. Glad they are the green holders!
    They are MS62-65.
  • luckymanluckyman Posts: 721
    I've gotten a few of the green slabbed PCI's in the last few months since reading a similar thread regarding the quality of that particular

    generation of gradings being consistently able to cross or upgrade. I have a green slabbed PCI proof 70 silver Delaware, Pennsylvania,

    and Connecticut .....(don't hate us modern collectors) I'm not sure whether to send them in for crossing or not...for fear they wouldn't cross

    and I would be very disappointed.....but what a huge upside if they did cross.... (they look very clean through my loupe) If I did send them

    in to PCGS, should I leave them in the PCI slabs to help prevent damage. Will the graders have a prejudiced eye when evaluating them if

    they are in a different TPG's slab?
    ....and in the end, the love you take is equal to the love you make....

    The Beatles
  • fcloudfcloud Posts: 12,133 ✭✭✭✭
    It is like anything else. Look at the coin. I have had some of the green label upgrade and some bodybag.

    President, Racine Numismatic Society 2013-2014; Variety Resource Dimes; See 6/8/12 CDN for my article on Winged Liberty Dimes; Ebay

  • golfer72golfer72 Posts: 3,588
    Who said anything about crossing them to PCGS? Why not look at the coin and figure out if its a good value?
  • fcloudfcloud Posts: 12,133 ✭✭✭✭
    He was asking how they compare. By explaining the results of my submissions I was giving him my experiences for comparison. Some better, some worse. Just about what one would expect.

    President, Racine Numismatic Society 2013-2014; Variety Resource Dimes; See 6/8/12 CDN for my article on Winged Liberty Dimes; Ebay

  • PerryHallPerryHall Posts: 46,367 ✭✭✭✭✭


    << <i>My experience with the green label PCI coins was that they were all over place. Yes some crossed and some up-graded, but from what I could see buying them blind was not a great idea. >>



    I feel this way about all the grading services.

    Worry is the interest you pay on a debt you may not owe.
    "Paper money eventually returns to its intrinsic value---zero."----Voltaire
    "Everything you say should be true, but not everything true should be said."----Voltaire

  • luckymanluckyman Posts: 721
    Actually my point was that since the coins are already graded proof 70 they have to either cross at the same grade (obviously can't grade

    higher) or if they drop to 69's I've lost money on the grading fees because the 69's are worth substantially less than 70's. Is it worth

    taking the chance? Why wouldn't I want to cross them into a PCGS slab, since it would validate the grade and be in the

    best, most respected holder? I also was asking if I should submit them in the PCI holders or not, how that would affect or influence the

    grader's opinion... a PCGS or NGC 1999 proof 70 silver Delaware quarter is going for upwards of $4k....the Pennsylvania

    around $500+....and the Connecticut $200+ .... seems like a logical question to me ...


    image
    ....and in the end, the love you take is equal to the love you make....

    The Beatles
  • stinkinlincolnstinkinlincoln Posts: 2,733 ✭
    <<Some carry the designation PQ (proof quality?) instead of PL>>

    Is this like NGC's Star?

    If so, I hate them. Its one thing to give a grade to a coin, but another to say if its PQ or not. I dont think TPG's should do this. As for PCI, I have found some killer stuff in their holders. Much more so than ICG ever.
  • GATGAT Posts: 3,146 ✭
    There is one problem no one has mentioned and that is that some of the green PCI holders have PVC inserts. I have cracked holders that have smelled like shower curtains. If they were mine I would cracked them and give them a good soaking in acetone.
    USAF vet 1951-59
  • messydeskmessydesk Posts: 20,064 ✭✭✭✭✭


    << <i>Actually my point was that since the coins are already graded proof 70 they have to either cross at the same grade ... Why wouldn't I want to cross them into a PCGS slab ... I also was asking if I should submit them in the PCI holders or not, how that would affect or influence the grader's opinion. >>


    Nothing can cross at 70, since the coin can not be adequately examined while in a slab to give sufficient proof to the grader that the coin is indeed a 70. This is PCGS's policy.
    John
    Keeper of the VAM Catalog • Professional Coin Imaging • Prime Number Set • World Coins in Early America • British Trade Dollars • Variety Attribution
  • luckymanluckyman Posts: 721
    Thank you....I appreciate your response....I did not know that! image
    ....and in the end, the love you take is equal to the love you make....

    The Beatles

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