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Another, "What is the point in submitting cleaned coins to PCGS?" thread!!!

GoldbullyGoldbully Posts: 18,508 ✭✭✭✭✭
in U.S. Coin Forum
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PCGS Link

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    ziggy29ziggy29 Posts: 18,669 ✭✭✭
    And the same answer: There is a huge point with very valuable coins where authentication is critical for resale value and liquidity, but submissions like these are a reminder that some people should sanity-check their potential submissions with a trusted and knowledgeable dealer or collector before throwing good money after bad.
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    adamlaneusadamlaneus Posts: 6,969 ✭✭✭
    poor ricko
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    mozinmozin Posts: 8,755 ✭✭✭
    Sad to see someone wasting money this way.
    I collect Capped Bust series by variety in PCGS AU/MS grades.
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    MsMorrisineMsMorrisine Posts: 39,735 ✭✭✭✭✭


    << <i>And the same answer: There is a huge point with very valuable coins where authentication is critical for resale value and liquidity, but submissions like these are a reminder that some people should sanity-check their potential submissions with a trusted and knowledgeable dealer or collector before throwing good money after bad. >>



    looking at the lot submitted, there's not a lot of high end potential there in a genuine holder.
    Current maintainer of Stone's Master List of Favorite Websites // My BST transactions
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    TevaTeva Posts: 830 ✭
    May be that the submitter cleaned/dipped all there coins
    before they sent them in? It would be my guess that's what has
    occurred. They where playing the game and it doesn't look like it worked out to well?
    Give the laziest man the toughest job and he will find the easiest way to get it done.
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    SLQSLQ Posts: 311 ✭✭
    The double full page ads have to paid for by someone.
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    TonedRaritiesTonedRarities Posts: 484


    << <i>poor ricko >>

    image
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    rld14rld14 Posts: 2,390 ✭✭✭
    Unless it's a valuable and commonly faked coin, there's no point. Common date Peace Dollars, Walkers and Mercury Dimes don't count. Maybe if one of those Dimes was a 1916-D or a high details 21 or 21-D....

    Bear's "Growl of Approval" award 10/09 & 3/10 | "YOU SUCK" - PonyExpress8|"F the doctors!" - homerunhall | I hate my car
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    coinguy1coinguy1 Posts: 13,484 ✭✭✭
    The thread title implies that the submitter knew he was submitting cleaned coins. My guess is that he had no such kmowlwdge.
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    GoldbullyGoldbully Posts: 18,508 ✭✭✭✭✭


    << <i>The thread title implies that the submitter knew he was submitting cleaned coins. My guess is that he had no such kmowlwdge. >>



    I kinda had a feeling that Mr. Feld would respond in that manner!!!!
    I agree with you of course!!! image
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    DoubleEagle59DoubleEagle59 Posts: 8,432 ✭✭✭✭✭


    << <i>The thread title implies that the submitter knew he was submitting cleaned coins. My guess is that he had no such kmowlwdge. >>



    I agree.
    "Gold is money, and nothing else" (JP Morgan, 1912)

    "“Those who sacrifice liberty for security/safety deserve neither.“(Benjamin Franklin)

    "I only golf on days that end in 'Y'" (DE59)
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    ArizonaJackArizonaJack Posts: 4,029 ✭✭✭
    ouch
    " YOU SUCK " Awarded 5/18/08
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    ArizonaJackArizonaJack Posts: 4,029 ✭✭✭
    8 genuine Mercs, 4 Genuine Peace Dollars......painful, all common date and worth melt
    " YOU SUCK " Awarded 5/18/08
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    grote15grote15 Posts: 30,192 ✭✭✭✭✭
    Beginners usually learn what to look for after getting burned at first...experience is the best teacher.


    Collecting 1970s Topps baseball wax, rack and cello packs, as well as PCGS graded Half Cents, Large Cents, Two Cent pieces and Three Cent Silver pieces.
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    crypto79crypto79 Posts: 8,623 ✭
    at least he was made whole by the near top pop (everyman) 1926 s Peace dollar.
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    PerryHallPerryHall Posts: 47,594 ✭✭✭✭✭


    << <i>The thread title implies that the submitter knew he was submitting cleaned coins. My guess is that he had no such kmowlwdge. >>



    Agree. He may be new to the hobby and bought these coins from one of those CW dealers with full page ads that sell primarily all raw 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

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    PerryHallPerryHall Posts: 47,594 ✭✭✭✭✭
    The submitter is paying his dues and is learning a valuable lesson. Unfortunately, there is a good chance he will leave the hobby after this very expensive bad experience.

    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

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    TwoSides2aCoinTwoSides2aCoin Posts: 45,100 ✭✭✭✭✭
    Good questions defy a good answer... but plenty of good examples.
    My first submission to NGC had 50 % improperly cleaned coins. I told the owner it wouldn't be pretty. As if there's a proper way to cleaning. image

    https://acoinshop.com/ —-> https://ebay.us/m/KxolR5

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    pmacpmac Posts: 3,189 ✭✭✭
    Of course there is, why would they have NCS, if they didn't "properly" clean coins?image
    Paul
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    TwoSides2aCoinTwoSides2aCoin Posts: 45,100 ✭✭✭✭✭


    << <i>Of course there is, why would they have NCS, if they didn't "properly" clean coins?image >>



    NCS image Natural Cleaning Service ? Can they fix it ?

    https://acoinshop.com/ —-> https://ebay.us/m/KxolR5

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    AnkurJAnkurJ Posts: 11,375 ✭✭✭✭
    YIKES!

    Cleaning on Morgan & Peace dollars are pretty easy to see. Maybe this submitter just didn't have the knowledge of what to look for.
    All coins kept in bank vaults.
    PCGS Registries
    Box of 20
    SeaEagleCoins: 11/14/54-4/5/12. Miss you Larry!
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    lkeigwinlkeigwin Posts: 16,895 ✭✭✭✭✭
    I hope these weren't submitted through a dealer.
    Lance.
    Coin Photography Services / Everyman Registry set / BHNC #213
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    anablepanablep Posts: 5,205 ✭✭✭✭✭
    A learning experience & an expensive one at that.
    Always looking for attractive rim toned Morgan and Peace dollars in PCGS or (older) ANA/ANACS holders!

    "Bongo hurtles along the rain soaked highway of life on underinflated bald retread tires."


    ~Wayne
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    DennisHDennisH Posts: 14,041 ✭✭✭✭✭


    << <i>The thread title implies that the submitter knew he was submitting cleaned coins. My guess is that he had no such knowledge. >>

    My thoughts exactly.
    When in doubt, don't.
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    eggboneeggbone Posts: 615 ✭
    $$$$$$$$$$$$$$$$$$$$$$$$$$$$ WASTED.
    image
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    AUandAGAUandAG Posts: 25,038 ✭✭✭✭✭
    Think they got sniffed? Nah, just inexperience probably.

    bob
    Registry: CC lowballs (boblindstrom), bobinvegas1989@yahoo.com
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    gripgrip Posts: 9,962 ✭✭✭✭✭


    << <i>

    << <i>The thread title implies that the submitter knew he was submitting cleaned coins. My guess is that he had no such knowledge. >>

    My thoughts exactly. >>



    And mine.
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    MesquiteMesquite Posts: 4,075 ✭✭✭
    "kmowlwdge"?

    Put the bottle down Mark!image
    There are two ways to conquer and enslave a nation. One is by the sword. The other is by debt.
    –John Adams, 1826
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    crypto79crypto79 Posts: 8,623 ✭


    << <i>YIKES!

    Cleaning on Morgan & Peace dollars are pretty easy to see. Maybe this submitter just didn't have the knowledge of what to look for. >>



    No easier than any other series, the difference is there are so many pristine coins that the MA rate for cleaning is much lower. It's the classic series that get people in trouble as what one person considers ok with cleaning/retoning/grime/color is not MA to someone else even though they can both agree what pristine is....which is but rarely obtainable in series like CHB for one image

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