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Secure Plus: Genuine?

RedHerringRedHerring Posts: 2,077 ✭
in U.S. Coin Forum
There is a collector on another coin forum ranting and raving that most of his PCGS submissions were returned in body bags.

He submitted under Secure Plus as many of his coins were over $5K in value.

Are Secure Plus submissions not put in Genuine holders?

Please let me know so I can answer this fellow.

Thanks.

image

Comments

  • FrozeninkFrozenink Posts: 446 ✭✭
    My secure plus freebie came back in a bb for questionable color. Even though I have seen hundreds of coins with the old album toning this one had. That's another topic though.

    I was suprised it was in a bb and not genuine holder.

    Gary
  • dsessomdsessom Posts: 2,435 ✭✭✭✭✭
    Genuine Plus? I think not. If a coin cannot even warrant a grade, it definitely isn't going to be in the top 10-15% of a grade, hence I deduce that the answer is NO.
    Best regards,
    Dwayne F. Sessom
    Ebay ID: V-Nickel-Coins
  • FrozeninkFrozenink Posts: 446 ✭✭


    << <i>Genuine Plus? I think not. If a coin cannot even warrant a grade, it definitely isn't going to be in the top 10-15% of a grade, hence I deduce that the answer is NO. >>



    The holders are not just for + coins, I think they are trying to keep just graded coins in the new holders. I would assume that eventually they will put coin in secure plus holders when that is the only option to submit under.

    Gary
  • dsessomdsessom Posts: 2,435 ✭✭✭✭✭
    Also, just because a coin is submitted for Secure Plus, doesn't mean it will achieve a "+" grade. It will still be "fingerprinted" and put into a Secure Plus holder without the "+" grade.
    Best regards,
    Dwayne F. Sessom
    Ebay ID: V-Nickel-Coins
  • airplanenutairplanenut Posts: 22,433 ✭✭✭✭✭


    << <i>Genuine Plus? I think not. If a coin cannot even warrant a grade, it definitely isn't going to be in the top 10-15% of a grade, hence I deduce that the answer is NO. >>

    Secure Plus does NOT mean the coin has a + grade. If the label has the shield on it, it indicates the coin has been scanned with the SecurePlus. Whether the coin grades MS64 or MS64+ is a different issue, although it can only grade MS64+ if it is in the SecurePlus holder.
    JK Coin Photography - eBay Consignments | High Quality Photos | LOW Prices | 20% of Consignment Proceeds Go to Pancreatic Cancer Research
  • 19Lyds19Lyds Posts: 26,492 ✭✭✭✭


    << <i>

    << <i>Genuine Plus? I think not. If a coin cannot even warrant a grade, it definitely isn't going to be in the top 10-15% of a grade, hence I deduce that the answer is NO. >>

    Secure Plus does NOT mean the coin has a + grade. If the label has the shield on it, it indicates the coin has been scanned with the SecurePlus. Whether the coin grades MS64 or MS64+ is a different issue, although it can only grade MS64+ if it is in the SecurePlus holder. >>



    Huh?

    This one is in a Secure Plus holder but is not grade MS64+. It's graded MS64.

    This one is in a Secure Plus holder and is graded as an MS64+ .

    Both coins are in Secure Plus Holders yet only one actually grades MS64+.

    Or am I misreading what you intended to say? image
    I decided to change calling the bathroom the John and renamed it the Jim. I feel so much better saying I went to the Jim this morning.



    The name is LEE!
  • kryptonitecomicskryptonitecomics Posts: 9,185 ✭
    I believe he is simply saying that if the coin is graded MS64+ it must be in a secureplus holder as coins not sent in for the secureplus tier could not possibly have a plus sign after the grade.
    Kryptonitecomics Ebay Auctions
  • WaterSportWaterSport Posts: 6,936 ✭✭✭✭✭
    This kind of activity may end up stopping some folks from sending coins in.

    WS
    Proud recipient of the coveted PCGS Forum "You Suck" Award Thursday July 19, 2007 11:33 PM and December 30th, 2011 at 8:50 PM.
  • BAJJERFANBAJJERFAN Posts: 31,412 ✭✭✭✭✭
    A coin in a Secure genuine holder would deter someone from trying to alter the coin to fix the defect?
    theknowitalltroll;
  • RedHerringRedHerring Posts: 2,077 ✭

    Thanks for the input.

    I did not realize that coins submitted as Secure Plus were being body-bagged for problems.
  • mumumumu Posts: 1,840
    Youd think you could default to a regular Genuine without all the mailing back and forth.
  • crypto79crypto79 Posts: 8,623 ✭


    << <i>Youd think you could default to a regular Genuine without all the mailing back and forth. >>



    I think that makes a lot of sence. Why the old system for the new service?
  • PawPaulPawPaul Posts: 5,845 ✭
    so we agree ; there's no such thing as a genuine only Secure Plus holder ??
  • airplanenutairplanenut Posts: 22,433 ✭✭✭✭✭


    << <i>Or am I misreading what you intended to say? >>

    Yes. If a coin is in a SecurePlus holder, it may or may not have a + grade (64 or 64+). If a coin has a plus grade (64+) then it MUST be in a SecurePlus holder. Regular holders do not offer + grades.
    JK Coin Photography - eBay Consignments | High Quality Photos | LOW Prices | 20% of Consignment Proceeds Go to Pancreatic Cancer Research
  • messydeskmessydesk Posts: 20,374 ✭✭✭✭✭
    Has anyone asked customer service?
    John
    Keeper of the VAM Catalog • Professional Coin Imaging • Prime Number Set • World Coins in Early America • British Trade Dollars • Variety Attribution
  • RedHerringRedHerring Posts: 2,077 ✭


    << <i> ...there's no such thing as a genuine only Secure Plus holder ?? >>




    That is correct. There are not Secure Plus holders that are "PCGS Genuine".

    Secure Plus submission of a problem coin = body-bag.
  • BearBear Posts: 18,953 ✭✭✭
    The confusion caused by the name Protection Plus + is why I pleaded

    with PCGS to name the darn thing ,Protection Plus Diamonds. However,

    "A rose by any other name will smell as sweet".
    There once was a place called
    Camelotimage
  • PawPaulPawPaul Posts: 5,845 ✭


    << <i>

    << <i> ...there's no such thing as a genuine only Secure Plus holder ?? >>




    That is correct. There are not Secure Plus holders that are "PCGS Genuine".

    Secure Plus submission of a problem coin = body-bag. >>




    thank you !
  • okracerokracer Posts: 436 ✭


    << <i>

    << <i> ...there's no such thing as a genuine only Secure Plus holder ?? >>




    That is correct. There are not Secure Plus holders that are "PCGS Genuine".

    Secure Plus submission of a problem coin = body-bag. >>



    On the other hand, I would think that PCGS would WANT to give a "Genuine" label on SecurePlus (rather than BB), specifically to identify problem coins, so they don't get doctored and re-submitted......or am I missing something here?......

    ......I collect old stuff......
  • lkeigwinlkeigwin Posts: 16,894 ✭✭✭✭✭
    I agree that a bb is inappropriate and that the coin should be returned in a regular "genuine" holder.

    Perhaps PCGS feels this might result in dissatisfaction and/or refund requests (for the difference in price between the two services)?
    Lance.
    Coin Photography Services / Everyman Registry set / BHNC #213
  • 19Lyds19Lyds Posts: 26,492 ✭✭✭✭


    << <i>

    << <i> ...there's no such thing as a genuine only Secure Plus holder ?? >>




    That is correct. There are not Secure Plus holders that are "PCGS Genuine".

    Secure Plus submission of a problem coin = body-bag. >>



    Wouldn't this give altered coins a "second chance" at grading?
    I decided to change calling the bathroom the John and renamed it the Jim. I feel so much better saying I went to the Jim this morning.



    The name is LEE!
  • dizzyfoxxdizzyfoxx Posts: 9,823 ✭✭✭
    Is it Secure Plus, or Secure Plus Plus, or perhaps it's Secure Plus Plus Genuine Plus Plus.image
    image...There's always time for coin collecting. image
  • BAJJERFANBAJJERFAN Posts: 31,412 ✭✭✭✭✭


    << <i>I agree that a bb is inappropriate and that the coin should be returned in a regular "genuine" holder.

    Perhaps PCGS feels this might result in dissatisfaction and/or refund requests (for the difference in price between the two services)?
    Lance. >>



    How likely is it that a coin in a genuine holder will be cracked out and altered and then resubmitted?
    theknowitalltroll;
  • JustaRookieJustaRookie Posts: 566 ✭
    So in effect, any coin that I might feel is questionable despite my knowledge and authenticty of said coin as in it's raw and true form is not altered, tooled, whizzed, cleaned, or messed with in any way other than what it's natural environment has challenged its existence with should be submitted under the old certifictaion program first to ensure that it is not scanned under the SecurePlus program that would doom the coin forever???? One can play the crackout game under the old program but once it's scanned under the SecurePlus option then there is no resurrection for that coin or am I totally not seeing this as it is??? If it slabs under the old program then even submitted under the SecurePlus submission in a normal holder it must slab in a SecurePlus holder even if it does not get the coveted + or am am I just not getting it???? Let's say I submit a coin raw under the normal submission process and it slabs as a MS63 and then I decide to submit it under the SecurePlus program to see if it will acquire a +... My question is that if an already slabbed PCGS coin is submitted under the SecurePLus program will it return in a SecurePlus holder in its orignal grade even if it does not garner a + and further why submit a raw coin under the SecurePlus program when the cost and risk of a BB is far greater as many are being BBed????? Let's take it to another level, I submit a coin under the normal submission process and it holders as Genuine, I crack it out and submit again and it now grades. What is the benefit of paying more and sbmitting a raw coin under the SecurePlus program...??? IMO there is absolutley none as any coin that is submitted for a SecurePlus grading should be an already slabbed PCGS coin. Am I getting this right???

    Edited to add: I can pay far less to recevie a coin back in a Genuine holder under the normal submission process than I would pay for it to returned in a Genuine holder under the SecurePlus program.
    Charter member of CA, Coinaholics Anonymous-6/7/2003
    Kewpie Doll award-10/29/2007
    Successful BST transactions with Coinboy and Wondercoin.
  • StubbyMcNumbthumbsStubbyMcNumbthumbs Posts: 1,259 ✭


    << <i>

    << <i>

    << <i> ...there's no such thing as a genuine only Secure Plus holder ?? >>




    That is correct. There are not Secure Plus holders that are "PCGS Genuine".

    Secure Plus submission of a problem coin = body-bag. >>



    Wouldn't this give altered coins a "second chance" at grading? >>




    This is making the assumption that the BB'd coin was altered, or will need to be altered to ever make it into a graded holder. Many coins are returned, either BB or Gen, that will grade on some subsequent submission. The OPs problem can, and does, happen quite often and most often has NOTHING to do with altered or doctored coins, only inconsistent submission results.

    Of course, this is all just my own humble opinion.image

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