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Is there a Reverse Reconsideration for us Lowball collectors.

Can this service work in reverse for us lowball collectors that get grades that are considered "To High?"

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  • lkeigwinlkeigwin Posts: 16,893 ✭✭✭✭✭
    Now that's funny. Oh wait...maybe you're serious. image
  • BustHalfBrianBustHalfBrian Posts: 4,191 ✭✭✭✭
    Uhh... I don't think so.

    But maybe upon request, or if specified on the submission form? Honestly can't say.

    Try speaking with a rep over the phone. Probably the best way to get a clear answer.

    But my gut tells me that this is just a little too far-fetched.
    Lurking and learning since 2010. Full-time professional numismatist based in SoCal.
  • pocketpiececommemspocketpiececommems Posts: 6,046 ✭✭✭✭✭
    No, I'm not kidding. Check out the FR02 Albany in my lowball set and tell me why it isn't PO01.
  • DIMEMANDIMEMAN Posts: 22,403 ✭✭✭✭✭

    As they say on the NFL pregame show...."COME ON MAN"!!!

    This takes #1.
  • messydeskmessydesk Posts: 20,275 ✭✭✭✭✭
    The whole point of the reconsideration service is to preserve the packaging if the grade doesn't move sufficiently, not to save on regrading fees. For lowball stuff, I seriously doubt there is enough population of FR2s of anything in older holders for this to be worth offering.
  • markinsdmarkinsd Posts: 116 ✭✭✭
    I've gotten lucky cracking out a couple of FR02's that I then resubmitted for grading that came back P01's. In fact I look at all FR02's for coins (Morgans) that should be P01's. I do think they should add a reconsideration service for low balls. Since regrades are always for upgrades and they state they won't down grade a coin. Unfortunately for low ball collectors we want the down grade. I have an 1888-s Morgan that I bought in an NGC FR02 holder.. I cracked it out and sent it to PCGS and they graded it AG03. The coin is clearly FR02 and nearly P01, but since they won't regrade / downgrade I have to crack it out and send it back..
  • LindeDadLindeDad Posts: 18,766 ✭✭✭✭✭
    You guys are so contrary to the norm of the hobby you know your left out on this.image
  • s4nys4ny Posts: 1,573 ✭✭✭
    Yes, as part of the service, the PCGS grader cracks the coin out, puts it in his pocket with his other
    coins for a couple days, then regrades it.
  • savoyspecialsavoyspecial Posts: 7,309 ✭✭✭✭
    how about this: if your FR-2 is really "undergraded" (and by that I mean overgraded) then send it in for a gold bean which would mean it is a 'lock P-01' (or would that mean a lock AG-3??)

    I'm confused....

    www.brunkauctions.com

  • TwoSides2aCoinTwoSides2aCoin Posts: 44,552 ✭✭✭✭✭
    With ____ , all things are possible.

    Fill in the blank.
  • halfhunterhalfhunter Posts: 2,770 ✭✭✭
    WOW . . . Just looked at your set . . . That's really cool ! ! !

    HH
    Need the following OBW rolls to complete my 46-64 Roosevelt roll set:
    1947-P & D; 1948-D; 1949-P & S; 1950-D & S; and 1952-S.
    Any help locating any of these OBW rolls would be gratefully appreciated!
  • braddickbraddick Posts: 24,753 ✭✭✭✭✭


    << <i>No, I'm not kidding. Check out the FR02 Albany in my lowball set and tell me why it isn't PO01. >>



    Slightly too much reverse detail.

    PCGS will grade the strong side of a mintstate coin least (in other words, say you have a Morgan with a near flawless reverse and an MS63'ish obverse- that coin will not get the MS65 grade. PCGS doesn't average each side but rather the weakest will warrant the grade).
    Now, with these lowballs it is sort of the reverse. The "strongest" side (with more detail) will counterbalance the "PO1" side and raise the grade, in your case with the Albany to a FA2.

    peacockcoins

  • For the last couple of years the "correct" (according to customer service) way to request this is through the "Guarantee Resubmission" process.
    I've tried it with mixed success.
    I have had better luck in cracking them out and resubmiting.
  • StaircoinsStaircoins Posts: 2,577 ✭✭✭
    SavoySpecial almost had it right, but not quite.


    First you have to send it to _ _ _ to get the coveted Brown Sticker™, preferably with Crossed Palms (implying a lock double downgrade), then submit it.

    image

  • ajaanajaan Posts: 17,583 ✭✭✭✭✭


    << <i>Now, with these lowballs it is sort of the reverse. The "strongest" side (with more detail) will counterbalance the "PO1" side and raise the grade, in your case with the Albany to a FA2. >>


    This has been my experience also. I don't think it should be so, but it is.

    DPOTD-3
    'Emancipate yourselves from mental slavery'

    CU #3245 B.N.A. #428


    Don
  • ManorcourtmanManorcourtman Posts: 8,171 ✭✭✭✭✭
    Here's a Seated 50c that I feel is a PO-01. It's in a FR2 holder. I wuz robbedimage But it's not worth the service imho.

    image
  • markinsdmarkinsd Posts: 116 ✭✭✭
    Check out the coin in the link.. bought this coin on HA, cracked, resubmitted and it's now in my collection as a P01. I was so excited when I saw the coin and couldn't believe it was graded FR02.


    1899-o FR02 on Heritage

  • BaleyBaley Posts: 22,663 ✭✭✭✭✭
    Fair-2 means it needs a few more days in the rock tumbler followed by another few weeks in the leather bag to get to PO1

    Liberty: Parent of Science & Industry

  • braddickbraddick Posts: 24,753 ✭✭✭✭✭


    << <i>Fair-2 means it needs a few more days in the rock tumbler followed by another few weeks in the leather bag to get to PO1 >>



    Please do that with a 1970-D Kennedy half and get it into a PCGS holder.
    I'll then pay you $500. for it.

    peacockcoins

  • InYHWHWeTrustInYHWHWeTrust Posts: 1,451 ✭✭✭


    << <i>Fair-2 means it needs a few more days in the rock tumbler followed by another few weeks in the leather bag to get to PO1 >>



    No one has ever done it here though many have boasted they could. Plus, there are more purists who look for NW vs AW (natural vs. artificial wear, ie rock tumblers).

    The OP and I have discussed many times, and there definitely is a double standard on grading lowball coins. Sometimes requesting DH to look at them has helped though it takes longer to get the submission back. Graders have never encountered a FR-2 vs a PO-1 Albany-- it's that rare.

    For example, a 1916 D Mercury Dime has to be 'all there' to get a G4, o/w AG3 it gets. 3.9=3 'about good' (or any other key date like it, 1901 S Barber 25c, 1916 SLQ, etc etc)

    But for lowball coins (how does PCGS know a submitter is going for lowball? Well, it's not that difficult based upon the coin itself- 'why is this 1982 Kennedy being submitted, not worth the grading fee?'), they give it the 'benefit' and round it up to G4. Maybe I should talk more of the PO-1 vs FR-2, because that is where there is less objectivity. PCGS has pretty clear objective criteria for AG3 and G4 (like wear into the lettering around the rims) and Reverse Grades these. Our host knows how to get coins re-submitted.

    For those that don't get the thrill in the chase of condition rarity in lower grade coins not meant to be circulated or worn, I say.... GOOD! Enough competition as it is already. And it's my stupid money anyway.

    I love the look of naturally worn silver, which is as inexplicable as to why I prefer strawberry over vanilla ice cream- purely subjective.

    But the thrill in the chase, and wondering what stories these pieces could tell is quite addictive nonetheless.
    Do your best to avoid circular arguments, as it will help you reason better, because better reasoning is often a result of avoiding circular arguments.
  • I love the way you lowball collectors have to think in reverse of the rest of us.
    I can just see PCGS scratching their heads when you guys complain that a coin has been graded too high.
    PCGS is probably trying trying figure out a new column on the submission form allowing you to put a maximun grade requirement, instead of just the minimum grade.
  • MrEurekaMrEureka Posts: 24,404 ✭✭✭✭✭
    Check out the FR02 Albany in my lowball set and tell me why it isn't PO01.

    No way should a PO01 Albany show any part of the beaver's ear, unless it is net graded.

    As for CAC, a red beanie for likely downgrades might be useful to the lowballers.
    Andy Lustig

    Doggedly collecting coins of the Central American Republic.

    Visit the Society of US Pattern Collectors at USPatterns.com.
  • MrEurekaMrEureka Posts: 24,404 ✭✭✭✭✭
    No way should a PO01 Albany show any part of the beaver's ear, unless it is net graded.

    Hard to believe nobody challenged me on this yet! image
    Andy Lustig

    Doggedly collecting coins of the Central American Republic.

    Visit the Society of US Pattern Collectors at USPatterns.com.
  • lkeigwinlkeigwin Posts: 16,893 ✭✭✭✭✭
    Do lowball collectors proudly proclaim, "I sent it to CAC and it didn't sticker!"?
    Lance.

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