Home U.S. Coin Forum

Don W discusses the term "PQ"

nankrautnankraut Posts: 4,565 ✭✭✭
I just read this interview on the PCGS site. I agree wholeheartedly with Don's observations. There are some sellers on EBAY who describe every coin they list as a "PQ" specimen. When I think "PQ" I think eye appeal. What do you think?image
I'm the Proud recipient of a genuine "you suck" award dated 1/24/05. I was accepted into the "Circle of Trust" on 3/9/09.

Comments

  • StaircoinsStaircoins Posts: 2,574 ✭✭✭

    Link

    Yes, I think eye appeal, but I also think 'undergraded'. Of course, I wouldn't expect DW to refer to a coin in a PCGS holder as being undergraded (or overgraded either, for that matter).

  • rgCoinGuyrgCoinGuy Posts: 7,478
    Carol Locked a thread on this to the top for discussion.
    imageQuid pro quo. Yes or no?
  • COALPORTERCOALPORTER Posts: 2,900 ✭✭
    There are some sellers on EBAY who describe every coin they list as a "PQ" specimen.

    And there are some sellers that ARE NOT on eBay and still list every coin as "PQ" or even "PQ++++++".

    Can a coin really be that PQ?
  • PerryHallPerryHall Posts: 46,356 ✭✭✭✭✭
    When a dealer has a price list with 5% of the coins listed as PQ, those coins are probably PQ. When a dealer has a price list with 95% of the coins listed as PQ, those coins are probably not PQ and the dealer is probably someone I don't want to buy from. A dealer uses PQ to justify asking a premium price for his coins.

    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

  • morgansforevermorgansforever Posts: 8,462 ✭✭✭✭✭
    It's always PQ when your selling, and "appears cleaned" when your buying. image
    PQ to me means lots of luster, and a grade that accurately represents the coin.
    JMO,
    Scott
    World coins FSHO Hundreds of successful BST transactions U.S. coins FSHO
  • leothelyonleothelyon Posts: 8,468 ✭✭✭✭✭


    << <i>It's always PQ when your selling, and "appears cleaned" when your buying. image
    PQ to me means lots of luster, and a grade that accurately represents the coin.
    JMO,
    Scott >>



    And it helps having high quality photos of the coin. Gave up paying postage both ways when sellers lie about their coins.

    Leo

    The more qualities observed in a coin, the more desirable that coin becomes!

    My Jefferson Nickel Collection

  • yellowkidyellowkid Posts: 5,486


    << <i>I just read this interview on the PCGS site. I agree wholeheartedly with Don's observations. There are some sellers on EBAY who describe every coin they list as a "PQ" specimen. When I think "PQ" I think eye appeal. What do you think?image >>

    image
  • leothelyonleothelyon Posts: 8,468 ✭✭✭✭✭
    Understanding the strike characteristics, the quality of grade condition, luster and toning within a series for each date will help determine when a coin is PQ for the grade. Is PQ the same as saying the coin is high end for the grade? If resubmitted and upgrades, obviously, the coin is not PQ anymore. The only problem with this PQ game, the coin is now overpriced and may have been market graded, which is fine as long as whoever did the grading knows full well of the coin and series.

    Leo

    The more qualities observed in a coin, the more desirable that coin becomes!

    My Jefferson Nickel Collection

  • DRUNNERDRUNNER Posts: 3,873 ✭✭✭✭✭
    I am just impresssed when a principal of PCGS takes the time to discuss these issues. Bravo to PCGS and Mr. Willis.

    Drunner

Leave a Comment

BoldItalicStrikethroughOrdered listUnordered list
Emoji
Image
Align leftAlign centerAlign rightToggle HTML viewToggle full pageToggle lights
Drop image/file