Really? How can this happen? *prices posted*
Numiven
Posts: 382 ✭✭✭
This peson is now bragging too!
What's going on here? How can this happen? Makes me wonder....
One went from AU details (questionable color) to MS62!
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Comments
You are paying for a single opinion given at a specific time. It is merely a single data point.
In honor of the memory of Cpl. Michael E. Thompson
What is interesting about the 3C piece is that he had photos of that posted in an old white ANACS holder graded AU53.
What Tom said. AND coins look market acceptable, hence the resubmit. Same for me too.
100% Positive BST transactions
Anyone who has submitted a significant number of coins to the TPGs would not be surprised at this.
Of course, I'm guilty as well, as on any given day I may have one opinion about a coin of mine, and have a very different opinion the next day.
Also a case for all coins having to go through the Secure scan service. As all were successful at a lower tier.
I see a difference. The top set, strictly graded, are in the PCGS Secure Plus slab. The coins in the bottom row are not so if the coins were sent in within several months:
Pretty stupid business practice to post that comparison regardless of the practical realities of grading variability.
Latin American Collection
I actually saw that original post (since I follow him). My belief is that since graders often have different opinions at different times, this occurred.
Fan of the Oxford Comma
CCAC Representative of the General Public
2021 Young Numismatist of the Year
First thing I thought of too.......
Makes me want to resubmit my avatar coin. Still will probably be going to NGC next, then if it straight grades there, I will try crossing.
Instead of spending money on my next coin, I am going to take a set of coins I own and send them for higher grades...its a gamble... but if played correctly, might come out profitable.
I'll say it.
Gradeflation.
I agree.
Maybe we should send in coins 3 or 4 times and ask TPGs to give the average of all attempts? More profits for TPGs, also the label should say "average grade after X attempts" lol!!
Oh! Then there will be a new market for thrice graded coins VS one time graded coins. Its a win situation for TPGs.
Imagine stickering those slabs that has been graded thrice.. wow! The market will love it! Your regular green bean will sound silly at that point.
Have fun collecting coins!
This happens from time to time. I agree with insider2 about different grading teams . I've got to believe that some teams are more seasoned graders. This is nothing new. I've sent 64 Buffs in that become 65 Buffs.
Carry on
It's three genuine shield grades promoted to 63, 62 and 63BN. Amazing how that happens.
I Disagree.
For the lazy.
Trime Truview
Walker Truview
Lincoln Truview
I'm not sure if the 50C or 1C results are anything to brag about seeing as the submission fee probably cost more than they're worth in their new holders.
Please expound / explain how three coins go from genuine to low 60s grade.
If I was you, I'd go with a three sigma distribution of bell curve grading and leave it at that.
LOL...that bell curve you reference is one of those "academic things" used by intellectuals to impress folks like me that never got their GED. For the other intellectuals, please note that I have already posted the possible reasons for the grade change - see above. I disagree it was due to "gradeflation" so I never mentioned it in my original post
Nevertheless, I shall explain further. "Gradeflation" happens over a period of time. Errors in grading do also; however the period of time is generally much shorter. That is the reason I clarified my original post. If the coins were sent in within a few months, it is not "true gradeflation."
Now I'll toss you a "bone." If a submitter happened to get very lucky and caught one of the subtle changes of policy within a TPGS that goes on infrequently...you may be right "bell thingy" or not. ROTFL & chucking my lunch.
The fact is, only the person who sent the coins in knows the time period between the submissions. If the coins were bought slabbed and the OP wished to try his hand at the "crack-out" game, I'd say he has a "great eye." Congratulations and Sign him up! Hopefully this post was a little more clear - NOT GRADFLATION!
On coins where there is actual value, good luck getting them to go up. These coins above are not in the category. The Trime is worth the same in AU as it is in low MS.
The questionable color thing is also getting out of hand these days. The other two, what a waste of money grading them in the first place, but even worse doing it twice.
The seller says they want at least the prices quoted below because they have been offered more than this, supposedely they rejected the offer:
"The 1923 would be over 125$ if I sell it and the walker would be 175 + if I sell it"
Moreover, the seller is super cocky in talking and sounding very immature
!
Then you are pretty easy to impress..............
Best, SH
Not sure what the point of including his handle in the post, clearly you have a personal vendetta and dragging it to the CU boards which is also very immature.
Moreover, you proved my point by hitting the "disagree" button. I've dealt with the guy before and he is excellent to deal with. You come off like a troll now.
Not much of a surprise that a coin graded once could come back a different grade, or straight grade after QC. The damaged one is a bit of a head scratcher.
@Numiven said: "Moreover, the seller is super cocky in talking and sounding very immature!"
I think we all should like to think we are better coin graders than the 2-3 $100,000+ per year professionals who reached an opinion. That's why we see things like this or posts with graded coins the poster does not agree with.
@spacehayduke said: "Then you are pretty easy to impress..."
Yep, especially if it is gold or sparkles.
Not too bad on the resubmission... I just can't understand why someone would want a common date WLH to be sent back in, unless they expected to come back in a 65 or higher holder.
with the SP submissions, you can view the SP photos.
those are new enough that the photos online should be pretty good.
That '23 Lincoln looks VERY funky to me.
Dave
I am an Instagram member and would consider myself friends with the member in the OP. He is a young collector and had three nice coins with good color that he wanted slabbed, who can blame him? Coins sell better slabbed and it provides great Truview photos. I find it a bit funny how members here discuss the lack of young collectors but when one posts three coins that he upgraded everyone bashes on him and asks why he would even submit them? That will make him want to join these forums I'm sure.
Not everyone has the kind of money some members have here, why can't everyone appreciate coins priced in a range that is affordable to many?
@MorganMan94 said: "I am an Instagram member and would consider myself friends with the member in the OP. He is a young collector and had three nice coins with good color that he wanted slabbed, who can blame him? Coins sell better slabbed and it provides great Truview photos. I find it a bit funny how members here discuss the lack of young collectors but when one posts three coins that he upgraded everyone bashes on him and asks why he would even submit them? That will make him want to join these forums I'm sure. Not everyone has the kind of money some members have here, why can't everyone appreciate coins priced in a range that is affordable to many?"
While I do agree that the OP's post was strange and probably should not have been put in a PCGS forum, IMO, I think most of the posts were fair. In fact, some were given in praise:
"If the coins were bought slabbed and the OP wished to try his hand at the "crack-out" game, I'd say he has a "great eye." Congratulations and Sign him up!"
"Not too bad on the resubmission."
"I've dealt with the guy before and he is excellent to deal with."
Not everyone who responded in this thread bashed him, MorganMan94.
In honor of the memory of Cpl. Michael E. Thompson
It's a figure of speech, not everyone but a majority.
This post was to highlight gow grading opinion caries by the minute. Nothing else.
surprised on the 3cs QC
not surprised on the cent QC as that blue is still under heavy debate. perhaps pcgs took a cue from EagleEye and says it is MA.
on the walker, machine damage? where?
but that dark coloring is butt ugly. if the YN likes it then ok, just don't pay big money for that because it will be hard to sell later. in fact, I'd pay impaired money for it.
Then why include his handle in the OP and then say he is bragging and later cocky and immature? (he is neither of those things)
You tried to lowball him on a few the coins and he wouldn't sell, pure and simple. So you thought you'd start a thread about it. Clearly not the entire intent of your post.
@MsMorrisine said: "...on the walker, machine damage? where?"
All I see is the scrape on the sun that may look similar to a counting wheel mark. One the second exam the TPGS must have changed their mind and just regarded it as a scrape.
"...but that dark coloring is butt ugly."
That is end stage oxidation. The underlying surface is ruined. Nevertheless, the color contrast is pretty. I have a black car. Shiny black can be beautiful!
@clarkbar04 said: "Then why include his handle in the OP and then say he is bragging and later cocky and immature? (he is neither of those things). You tried to lowball him on a few the coins and he wouldn't sell, pure and simple. So you thought you'd start a thread about it."
So the plot thickens and we have the "rest of the story."
Hey, I just mean it was too much to ask $175 and $125 for those coins and I also felt some subpar customer service when talking. Whats wong in saying that?
If he has 2 grading fees into each of those (one poster said he saw the 3 center in an old anacs au cache) he's buried unless he finds a collector who falls in love with the colors and jumps on them. The upgrades certainly don't cover the fees unless the toning plays. Part of paying 'Numismatic Tuition' is learning that not all toning is market desirable. To my eye none of them are pretty but I wish him well. We definitely need more new collectors/dealers coming in and shouldn't be bashing them right from the start.
They're not your coins and therefore not yours to set the prices on. How many things are wrong with your thread? Lots, especially after you said the point was about "how grading opinion varies by the minute", and now admitting this.
If I'd been offered less than grading fees on those 2 coins I'd also pass and not give you the time of day either.
@clarkbar04 are you the person who posted these coins? Chill man... have a good day.
FWIW, you aren't either so I still don't see your point.
Thanks! How did you know that I was curious but too lazy to look them up?
The person that upgraded those coins is a young numismatist (i.e. a minor) that is proud of his results. What is so aweful about that? Bashing him over his excitement and pricing is an excellent way to kill his interest (and other YNs) and kill the future interest in this hobby.
Based on the screen shot, I see no evidence of bragging anymore than anyone who posts a new purchase here.