No More Holders???? Info from the patent

ambro51

So now it seems you can have a PCGS graded coin WITHOUT it being in the holder.

0017]Moreover, coin owners not wanting their coins to be encapsulated in a plastic holder can have the means of having a professional grade applied to an unencapsulated coin, with a separate certificate of grade being provided, the coin and the certificate would be linked by the coin ID file to assure the right coin stays associated with the grade certificate.

pmac

PCGS could not guarantee the grade. Without the plastic, anyone could ruin the grade.

MsMorrisine

<< <i>PCGS could not guarantee the grade. Without the plastic, anyone could ruin the grade. >>



But that is their risk of keeping it unholdered anyway.

Batman23

<< <i>PCGS could not guarantee the grade. Without the plastic, anyone could ruin the grade. >>




I agree, a drop here, a ding there, a little friction from improper storage. PCGS photo/lazer certified MS64 goes AU55.

Artist

I agree that PCGS could not guarantee the grade if the coin is no longer in its holder...

BUT

...such a coin would not exactly be raw. Say you buy a slabbed coin, pop it into your Dansco, and then a few years down the road you find a nice upgrade - if you send the coin back to PCGS, it could be identified, and at least a reference grade could then be established. So long as the coin was solid for the grade to begin with, and has not been compromised I think there is a much better chance of it coming back at the same grade than there was before this system existed.

ambro51

It DOES seem a huge regression to the ANACS certification papers days......

but, it would ALSO allow a coin which would end up slabbing with NGC having PCGS paperwork...and hence allowed into the PCGS registry?


lots of questions remain with this.................

pmac

<< <i>I agree that PCGS could not guarantee the grade if the coin is no longer in its holder...

BUT

...such a coin would not exactly be raw. Say you buy a slabbed coin, pop it into your Dansco, and then a few years down the road you find a nice upgrade - if you send the coin back to PCGS, it could be identified, and at least a reference grade could then be established. So long as the coin was solid for the grade to begin with, and has not been compromised I think there is a much better chance of it coming back at the same grade than there was before this system existed. >>


There would be a "provenance" and history with PCGS, but if it toned in your Dansco, there is a chance that it would be graded "Genuine", AT. I personally think that the graders should be a separate part of the operation, unbiased by the previous grading, as they should be with all regrading. (Maybe I'm dreaming?)

messydesk

That is simply a benefit of the invention, not anything that PCGS would necessarily ever do. Clearly, they'd never assume any risk on a BigOned coin not protected by a holder. They'd just be able to determine if there was any skullduggery since the previous grading event. I also don't see that the laser fingerprint is a guarantee that the grade is immutable. If a BigOned coin is sent for a regrade in the holder, it should be treated as any other, with the graders blind to the current grade.