Should PCGS require Secure for all classic US coins?
Zoins
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Given the discussion of counterfeits and AT / doctoring that can be solved with photos, I was thinking that classic world coins don't have this problem because PCGS requires Secure service for classic (non-modern) world coins so they all have TrueViews. Should PCGS do the same for US coins? Why or why not?
Should PCGS require Secure for all classic US coins?
This is a public poll: others will see what you voted for.
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Absolutely
I get a gold coin secured as gold has bag marks and scratches that are like finger prints in my opinion. I have looked at many gold coins that are tough to find on Heritage. Several resurface years later and the bag marks and scratches will remain even though the coin may have been dipped in between appearances on the heritage site. It is also good to have them as if you have a coin stolen and you see it appear you can make a claim and the PCGS photographs will assist in getting it back along with a police report, assuming it as stolen.
I discussed the issue with PCGS and this is what they told me.
Yes so we have True Views and can tell how many crack out attempts it took to end up with such a lofty grade.
Just up the grading services by $10 and TrueView everything.
Great transactions with oih82w8, JasonGaming, Moose1913.
No. We already have enough dictators in the coin world and hobby.
Yes, it undermines the whole service to not use it consistently
Latin American Collection
Don't give em any hints! Cost enough as it is!
No. I have been disappointed with it.
I don't believe the secure pics are the same as TrueView.
Can someone who knows for sure chime in on that?
Great transactions with oih82w8, JasonGaming, Moose1913.
I think it be a regular service they offer with a submission at no further cost.
...PCGS SP started out with the sniffer/scanner approach and has evolved into "gold shield" label and TrueView. The TrueView that comes with SP is the same quality TrueView that costs $10 per coin on Standard subs. The SP scans of old have been dead for a while now.
No. The cost goes up again.
Yes, but make it standard and not extra. Charge the extra 5 bucks for the Trueview (in addition to the secure features).
No. it should be up to the person sending coins in as to which level they want, and photos if they want.
President, Racine Numismatic Society 2013-2014; Variety Resource Dimes; See 6/8/12 CDN for my article on Winged Liberty Dimes; Ebay
While I believe Secure Plus is a great service and certainly desirable, I do not like the idea of dictating it.... It should continue to be an option. Cheers, RickO
No - It is an added expense for me and am not into big ticket material over $500 unless slabbed Gold Bullion Coins / generic MS 63 - MS 64 Saints purchased near melt. Most of my submittal are economy. Grading expenses are costs which must be absorbed by the business / recovered via markup on sales. Considering current market conditions it takes cost plus about 40-50 pct make positive net income in coin business.
I believe people should have a choice.
Good responses everyone.
Required Secure is head of non-required by 19 to 17 now. Given the importance of photos to combatting counterfeiting and doctoring, hopefully there can be a photo solution, either PCGS Secure or another solution to photographing all classic PCGS coins.