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PCGS Grading Question

dmwestdmwest Posts: 959 ✭✭✭✭

Okay, I'm new to collecting which means I'm new to having coins graded. I recently submitted a batch of coins to PCGS to grade and was wondering if PCGS will update individual coins as they are graded in a batch or do they wait to post the grades all at once? I'm impatient and curious and excited all at once.....

Don't quote me on that.

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  • TomBTomB Posts: 21,174 ✭✭✭✭✭

    Howdy and welcome.

    "I'm impatient and curious and excited all at once..." You should fit right in just fine. :)

    As per your question, it is my experience that PCGS posts the entire invoice at one time and not individual coins as they pass through the system. Good luck.

    Thomas Bush Numismatics & Numismatic Photography

    In honor of the memory of Cpl. Michael E. Thompson

    image
  • CoinlearnerCoinlearner Posts: 2,480 ✭✭✭✭

    Each submitted order is put up when all the coins are graded.

  • oih82w8oih82w8 Posts: 12,191 ✭✭✭✭✭

    Once the entire order is graded, then the results will be known.

    oih82w8 = Oh I Hate To Wait _defectus patientia_aka...Dr. Defecto - Curator of RMO's

    BST transactions: dbldie55, jayPem, 78saen, UltraHighRelief, nibanny, liefgold, FallGuy, lkeigwin, mbogoman, Sandman70gt, keets, joeykoins, ianrussell (@GC), EagleEye, ThePennyLady, GRANDAM, Ilikecolor, Gluggo, okiedude, Voyageur, LJenkins11, fastfreddie, ms70, pursuitofliberty, ZoidMeister,Coin Finder, GotTheBug, edwardjulio, Coinnmore, Nickpatton, Namvet69,...
  • lusterloverlusterlover Posts: 1,262 ✭✭✭✭

    Welcome! We often like to play the game where you tell us what you submitted with your guesses on what they will grade. Feel free to add pictures as well.

  • dmwestdmwest Posts: 959 ✭✭✭✭

    @lusterlover said:
    Welcome! We often like to play the game where you tell us what you submitted with your guesses on what they will grade. Feel free to add pictures as well.

    I doubt I would even come close to guessing right since I'm new to this. But I'd guess if I posted pictures everyone would give let me know what they think it will graded as?I'll have another set of submissions soon. I'm into Morgan dollars and Gold. I mean who doesnt like gold. :)

    Don't quote me on that.

  • ashelandasheland Posts: 23,175 ✭✭✭✭✭
  • sparky64sparky64 Posts: 7,036 ✭✭✭✭✭

    Welcome.
    Glad you asked that question.
    I wasn't 100% sure myself but thought it was when the entire order is done.

    "If I say something in the woods and my wife isn't there to hear it.....am I still wrong?"

    My Washington Quarter Registry set...in progress

  • david3142david3142 Posts: 3,519 ✭✭✭✭✭

    @dmwest said:

    @lusterlover said:
    Welcome! We often like to play the game where you tell us what you submitted with your guesses on what they will grade. Feel free to add pictures as well.

    I doubt I would even come close to guessing right since I'm new to this. But I'd guess if I posted pictures everyone would give let me know what they think it will graded as?I'll have another set of submissions soon. I'm into Morgan dollars and Gold. I mean who doesnt like gold. :)

    If you don't know what they would grade, how did you acquire them? If it was an inheritance, did someone advise you on which coins to submit?

  • dmwestdmwest Posts: 959 ✭✭✭✭

    @david3142 said:

    @dmwest said:

    @lusterlover said:
    Welcome! We often like to play the game where you tell us what you submitted with your guesses on what they will grade. Feel free to add pictures as well.

    I doubt I would even come close to guessing right since I'm new to this. But I'd guess if I posted pictures everyone would give let me know what they think it will graded as?I'll have another set of submissions soon. I'm into Morgan dollars and Gold. I mean who doesnt like gold. :)

    If you don't know what they would grade, how did you acquire them? If it was an inheritance, did someone advise you on which coins to submit?

    I'm not sure I follow your question....I inherited some and some I bought local. I looked at the price guide and have read a lot about them so I chose which ones I thought would benefit from being graded. Being new to this I'm sure I chose wrong for some and hopefully chose right for some. For example, I had 3 CC Morgans that look Mint so I had them graded, then I had several 1886 that I felt were Mint, but again...I don't know...I did start off with having 1 gold $5 coin graded. I think it was worth it. So, trial and error...hopefully with less error as I learn more.

    Don't quote me on that.

  • stevebensteveben Posts: 4,610 ✭✭✭✭✭

    welcome. good luck!

  • david3142david3142 Posts: 3,519 ✭✭✭✭✭

    Just because a coin is mint state does not mean it is worth grading. What are your goals with the collection? For common Morgans, you generally want the coin to grade 65 before it is worth submitting. If you can't yet reasonably tell the difference between 64 and 65 you may pay for the education in grading fees.

    Posting pictures for us will help although it can be hard to grade from pictures. Do you live near a coin store or can you make it to a coin show? The latter is a great way to see a lot of coins and get experience without having to spend any money.

  • coinhackcoinhack Posts: 1,154 ✭✭✭✭

    It looks like everyone has answered your question, so I will just say welcome. And good luck with your submission.

  • 1630Boston1630Boston Posts: 13,781 ✭✭✭✭✭

    Yes, welcome to the world of coins :smile:

    Successful transactions with : MICHAELDIXON, Manorcourtman, Bochiman, bolivarshagnasty, AUandAG, onlyroosies, chumley, Weiss, jdimmick, BAJJERFAN, gene1978, TJM965, Smittys, GRANDAM, JTHawaii, mainejoe, softparade, derryb

    Bad transactions with : nobody to date

  • dmwestdmwest Posts: 959 ✭✭✭✭

    @david3142 said:
    Just because a coin is mint state does not mean it is worth grading. What are your goals with the collection? For common Morgans, you generally want the coin to grade 65 before it is worth submitting. If you can't yet reasonably tell the difference between 64 and 65 you may pay for the education in grading fees.

    Posting pictures for us will help although it can be hard to grade from pictures. Do you live near a coin store or can you make it to a coin show? The latter is a great way to see a lot of coins and get experience without having to spend any money.

    I live in NC and haven't been to a coin show yet. I will when another one comes around. I have tons of pictures of my latest that I need to decide which to grade. Some coins will be for my PC while others may be for trade or sale to help with items I am missing.

    Don't quote me on that.

  • david3142david3142 Posts: 3,519 ✭✭✭✭✭

    That sounds like a good plan. You will learn a lot when you go to sell coins too. Spreads can be pretty wide depending on the type of material.

    Sending multiple submissions adds shipping/insurance. Probably better to improve your grading first and then wait until you have a bunch to send at once.

    Lastly, if your goal is to collect slabbed coins it is generally cheaper to buy them that way. There is much less risk and you don't have to wait for them!

  • AUandAGAUandAG Posts: 24,754 ✭✭✭✭✭

    Welcome, at least you survived the mailing process!!

    Pins and needles, needles and pins, when o when will my grades be in?

    bob:)

    Registry: CC lowballs (boblindstrom), bobinvegas1989@yahoo.com
  • dmwestdmwest Posts: 959 ✭✭✭✭

    Here is a link to some raw coins I need to decide on which ones to grade. Any feedback would be appreciated. If this isn't the place for that, I'm sure someone will let me know.

    https://www.flickr.com/gp/152864486@N07/t1VgY0

    Don't quote me on that.

  • TomBTomB Posts: 21,174 ✭✭✭✭✭

    I can't stress this point enough; before you send any more coins in for grading, wait until you receive the coins from your previous shipment and see if the grades on those coins matched the grades you assigned the coins. In other words, find out sooner rather than later if you have a good grasp of grading.

    Thomas Bush Numismatics & Numismatic Photography

    In honor of the memory of Cpl. Michael E. Thompson

    image
  • logger7logger7 Posts: 8,502 ✭✭✭✭✭

    The coins look good to me. But I try to get a couple sets of eyes to check out coins I intend to submit for their opinions.

  • david3142david3142 Posts: 3,519 ✭✭✭✭✭

    TomB knows what he is talking about. My gut says do not grade any of the coins that you posted. It is hard to tell from the pictures, but it looks like most are MS63 or less, and some may be cleaned. Is your goal to build a set of Morgans or just collect a bunch that you like?

  • CoinlearnerCoinlearner Posts: 2,480 ✭✭✭✭

    Coins look "OK". May be a couple AU and a cleaned one. Perhaps the nicer coins will make up for any that may be disappointing. Consider viewing a lot of already graded coins and/or until your grading skills get better,buy already PCGS graded coins.

  • dmwestdmwest Posts: 959 ✭✭✭✭

    @Coinlearner said:
    Coins look "OK". May be a couple AU and a cleaned one. Perhaps the nicer coins will make up for any that may be disappointing. Consider viewing a lot of already graded coins and/or until your grading skills get better,buy already PCGS graded coins.

    Which one has been cleaned?

    Don't quote me on that.

  • CoinlearnerCoinlearner Posts: 2,480 ✭✭✭✭
    edited March 16, 2017 9:07PM

    Which one has been cleaned? "May" be one cleaned,from picture posted. Post the results after PCGS gives their in hand grading opinion. Hopefully , I'm wrong and you'll get good grades. Edit...The coins posted are the ones your considering sending, not the ones at PCGS. Did not read post careful enough. 1896 from picture looks like it may be cleaned. Hard to tell from picture

  • dmwestdmwest Posts: 959 ✭✭✭✭

    @Coinlearner said:
    Which one has been cleaned? "May" be one cleaned,from picture posted. Post the results after PCGS gives their in hand grading opinion. Hopefully , I'm wrong and you'll get good grades. Edit...The coins posted are the ones your considering sending, not the ones at PCGS. Did not read post careful enough. 1896 from picture looks like it may be cleaned. Hard to tell from picture

    the ones in the link haven't been sent to PCGS. I'm trying to determine which ones should go to PCGS, but as others suggested I will wait until I get the few I've sent in back to determine if I'm any good at grading based on pictures. we will see. I'll go look at the 1896 one.

    Don't quote me on that.

  • DancingFireDancingFire Posts: 311 ✭✭✭

    You guys notice the dates on a few of these coins?

    dm, welcome to CU.

  • dmwestdmwest Posts: 959 ✭✭✭✭

    @DancingFire said:
    You guys notice the dates on a few of these coins?

    dm, welcome to CU.

    DancingFire, am I missing something about the dates? I'm here to learn.

    d2

    Don't quote me on that.

  • CoinstartledCoinstartled Posts: 10,135 ✭✭✭✭✭

    Welcome to the forum, Dmwest. Getting coins professionally graded is a wonderful experience....as long as you can afford less than steller results. Gold coins are generally a good bet as the grading guarantees authenticity. Same with common mint state CC dollars and all grades of the better CC or other key dates. Trying to get a 65 grade on a common Morgan is a higher risk, lower reward venture which is best saved for the higher volume experienced submitters.

  • rickoricko Posts: 98,724 ✭✭✭✭✭

    @dmwest....Welcome aboard.... Nice looking Morgans... those are not pictures that anyone can attempt to grade from..That being said, good advice above...hold off on sending more in until you get results from your first submission. On the gold coin you had graded.... did it come back at the grade you expected?? Please let us know the results of your submission when you get them and how you feel about it and your expectations. Grading is an art/skill, and does take a while to learn. Cheers, RickO

  • dmwestdmwest Posts: 959 ✭✭✭✭

    @ricko said:
    @dmwest....Welcome aboard.... Nice looking Morgans... those are not pictures that anyone can attempt to grade from..That being said, good advice above...hold off on sending more in until you get results from your first submission. On the gold coin you had graded.... did it come back at the grade you expected?? Please let us know the results of your submission when you get them and how you feel about it and your expectations. Grading is an art/skill, and does take a while to learn. Cheers, RickO

    On the gold coin, I did too expect it to be AU, but maybe a slight bit higher. I thought the strong C and the obverse details were enough for maybe AU55. The fields definitely have issues and it's clearly been circulated. I was fine with the grading. I am interested in why some folks thought it had been cleaned. I really need to learn to identify those type of coins, but I am finding pictures often suck at getting feedback, unless I take them like PCGS.

    Don't quote me on that.

  • rickoricko Posts: 98,724 ✭✭✭✭✭

    Coin photography has come a long way on this forum.... I have never even attempted it....Take your time...your skills will grow. There is no 'inoculation' that will instantly make you an accomplished grader...whatever that is.... and you may notice... people here disagree with others and with the TPG'S... Grading is not a standard, it is opinion.... yes, there are generalities and specifics on different types of coins...... but in the end, it is an opinion. Cheers, RickO

  • DancingFireDancingFire Posts: 311 ✭✭✭

    @dmwest said:

    @DancingFire said:
    You guys notice the dates on a few of these coins?

    dm, welcome to CU.

    DancingFire, am I missing something about the dates? I'm here to learn.

    d2

    You posted a 84-S, 86-O,96-O and 79-CC ?? these are all rare dates in UNC condition.

  • dmwestdmwest Posts: 959 ✭✭✭✭

    @DancingFire said:

    @dmwest said:

    @DancingFire said:
    You guys notice the dates on a few of these coins?

    dm, welcome to CU.

    DancingFire, am I missing something about the dates? I'm here to learn.

    d2

    You posted a 84-S, 86-O,96-O and 79-CC ?? these are all rare dates in UNC condition.

    The pictures must have gotten posted out of order...I have none of those rare dates...:) I need to group them so that doesn't happen again....still learning...

    Don't quote me on that.

  • BLUEJAYWAYBLUEJAYWAY Posts: 8,934 ✭✭✭✭✭

    Welcome.

    Successful transactions:Tookybandit. "Everyone is equal, some are more equal than others".
  • davewesendavewesen Posts: 6,108 ✭✭✭✭✭

    welcome to the boards - I was going to say the 1884-S is a definite submission, but you say you do not have one. The flickr pages kept giving me advertisements so I was not sure what was with what, and they were at angles I am not used to viewing.

    Why do you want to get them graded? Do you plan on selling some? Do you want to improve your grading? Do you need them for a registry set?

    I recommend viewing the PCGS grading videos on this website or youtube.

  • dmwestdmwest Posts: 959 ✭✭✭✭

    @davewesen said:

    Why do you want to get them graded? Do you plan on selling some? Do you want to improve your grading? Do you need them for a registry set?

    Yes, some I want to sell/trade to get others in my collection. I figured for $20 to grade(plus shipping) I would get coins that would be easier to move since it seems a lot of folks purchase only slabbed coins. I know with that in mind it should be cost worthy, but to be honest I can't yet tell the difference in the MS for a 64 or 65 or a +. So while a MS 64 of a Morgan 1886 might not be worth grading but a MS 67 of the same would be.
    Always want to get better at grading. I need more books and more coin shows and better pictures of my coins.
    I have a set but haven't registered yet. I have about 80+ Morgans so far.

    Don't quote me on that.

  • TopographicOceansTopographicOceans Posts: 6,535 ✭✭✭✭

    Welcome.

    You have to be very careful buying raw gold as there are a lot of counterfeits.
    As Tom suggested, wait until you get the results back before sending in another batch.

  • BIGAL2749BIGAL2749 Posts: 742 ✭✭✭✭

    Welcome, I hope you find numismatics to be a fun and educational hobby.

    However you maybe much better only buying slabbed coins in MS 65 for something like $130 for Morgans and $110 for Peace Dollars

    You look like you're seeking out nice looking coins but other than the CC coins it maybe difficult to justify the grading expense for a common date BU Morgan that in MS 64 that can be purchased slabbed for $50 (maybe more) and that's for a coin in a slab that someone has spent $20 plus postal expense in grading fees.

    It would be quite educational to make it to a coin show to examine slabbed coins in MS64 that you can compare to the raw coins you have.
    It is very unlikely that you'll find MS 65 coins raw at shows selling at MS 64 money and never has been for me in over 40 years of collecting.

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