Did PCGS disavow grades on ASE's gone bad??
Lakesammman
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Can't find the thread on this, if there is one. Anyone recall??
"My friends who see my collection sometimes ask what something costs. I tell them and they are in awe at my stupidity." (Baccaruda, 12/03).I find it hard to believe that he (Trump) rushed to some hotel to meet girls of loose morals, although ours are undoubtedly the best in the world. (Putin 1/17) Gone but not forgotten. IGWT, Speedy, Bear, BigE, HokieFore, John Burns, Russ, TahoeDale, Dahlonega, Astrorat, Stewart Blay, Oldhoopster, Broadstruck, Ricko, Big Moose, Cardinal.
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Disavow ?
The cert is still good and its still a 70...
https://www.pcgs.com/cert/24129754
Been rescinded for quite some time.
"This guarantee shall not apply to coins exhibiting environmental deterioration subsequent to certification, including spotting on modern silver coins. "
Frankly, I never understood why they opted to cover them in the first place. The first time you'd see spotted coins in new unopened mint tubes should tell you that your holder is NOT responsible for the spotting.
Looks like a coffee
spill
Mustard stain... Comes with the territory as an occupational hazard.
Experience the World through Numismatics...it's more than you can imagine.
If I was a coin dealer/business, I'd name it Mustard Stained Rare Coins.
Thanks - guess I could have found it on the PCGS website.......appreciate the replies.
Maybe I'll crack it out and use it for a golf ball marker??
Pcgs has watered down their warranty to the point it means all most nothing. Only over graded coins are covered assuming they don’t hit you with the mechanical error bit. If you can’t trust the grade on the holder and there is no longer a mechanism to pull bad holders off the market I am not sure PCGS is accomplishing its mission intent to protect buyers let alone supporting a sight unseen market.
You can completely trust PCGS holders assuming it isn’t a copper or silver coin... or a modern ... or gold with putty. A DMPL form the 90s or black and white proof.... never mind
11.5$ Southern Dollars, The little “Big Easy” set
I can't imagine anyone PAYING PR70DCAM money for it. Doesn't really matter what the holder says....at least to me.
Looking for Top Pop Mercury Dime Varieties & High Grade Mercury Dime Toners.
Storage problems can account for some of these spots. PCGS cannot be responsible for coins stored in a garage safe where the temperatures can go up and dow. It's also almost impossible to see that a dipped coin has not been properly rinsed. If PCGS did guarantee these coins, I could dishonest people doing something to coin to induce spotting to exercise the PCGS benefit if the market for coin fell.
Well at least it's still worth melt.
You either have faith that the coin inside the holder isn’t worthless and PCGS is there. Or they are just as trustable as the paper insert on the flips that they set out to replace in the 80s. They used to make sure that the just was pulled out of the market. Now they don’t and nobody really called them out on it when they under cut collectors.
11.5$ Southern Dollars, The little “Big Easy” set
My Eagles look great spread out in my Dansco.
This is the problem with slabbing moderns. They have not stabilized yet.
If you recall, there was a period of time when PCGS's Policy was that NO Silver Eagles would be graded MS70 or PR70DCAM primarily because of this spotting problem.
However, since a LOT of SAE Grading then went to NGC and ANACS, they were pretty much forced into rescinding that policy. Retroactively. Which meant a LOT of regrade business came through the door.
It only stands to reason that since these spots may or may not appear on SAE's post grading that they rewrite their grading guarantee to cover this option.
The REAL Trick is in finding one of the 70's Coins that doesn't have any spotting.
The name is LEE!
Does .999 silver ever stabilize?
Good question. I was mainly referring to surface contaminants, ticking time bombs that emerge in the months or year or two after minting.
Good reason to either not buy or be a quick flipper! Lesson learned.....
There are several stages of production, distribution, authentication and collecting at which surface defects can be introduced or avoided. At each step, those doing the work should employ best practices consistent with their objectives.
If the manufacturing was done right, it shouldn't have to "stabilize".
Looking at the POPS, all of them now have some 70s. Since the likelihood of finding earlier coins which will also merit first strike is small, one could still hope to find coins to cherrypick and submit under bulk grading. I suspect the market for these is small. If it was worthwhile, the large APs like APMEX would be doing it.
Is that a fingerprint on the insert that I see?
It's not surprising since this latest Forum Upgrade makes it dammed near impossible to Search for Anything!
Having said that, I do recall a thread tracking prices on these 1st Strike 25th Anniversary Sets and the numbers I recall was $4,500 for the set of five. Or was that the 2006 20th Anniversary Sets?
The name is LEE!
I believe that was the price for PR/MS 70 sets of the 2006 20th annv sets....because they didn't have complete 70s at first...came later, if I recall correctly.
The 5pc 25th annv sets came out with 70 sets right away. nice premiums, but not that high, if I recall.
I've been told I tolerate fools poorly...that may explain things if I have a problem with you. Current ebay items - Nothing at the moment
That coin could use a hose job.
Great transactions with oih82w8, JasonGaming, Moose1913.
Too bad about the milk spots...and the mustard stain...not sure what that can be. That is the first 'yellow' stain on an ASE that I have seen....My evaluation would be that is post mint contamination - not the milk spots, the yellow stain... I have the series up until the skipped year and I have no milk spots or spots of any color. Cheers, RickO
Need a new label: First Sneeze
ANA 50 year/Life Member (now "Emeritus")
Did you ask about their conservation service? If they remove it from the holder, remove the spot (if possible) then reslab it as a 70 you would at least have a coin you could look at without becoming ill.
A: The year they spend more on their library than their coin collection.
A numismatist is judged more on the content of their library than the content of their cabinet.
Did you ask about their conservation service?
I'll take it to FUN and ask the folks at PCGS, just for grins.
If they charge for it, wouldn't be worth the effort - just good money spent after bad.
In the past, they did charge $25 for spot review. Is that still in effect?
@Gazes perhaps instead of just dropping a "diasgree" on my post you could make your own post to let us know your opinion on the subject.
Not gonna be worth it. They will charge for anything they try but I don't think they will be able to "fix" it
I've been told I tolerate fools poorly...that may explain things if I have a problem with you. Current ebay items - Nothing at the moment
Looks like a fingerprint over the L in LIBERTY as well.
Dead Cat Waltz Exonumia
"Coin collecting for outcasts..."
Putting a numismatic premium on silver bullion is risky business. There’s a huge chemical difference between 0.900 and 0.999. I doubt they can fix this one all the way back to 70.
As long as you can't tell it's been fixed it should 70. Maybe they'd agree to reslab it as a 70 if Lakes dipped it hizself. There are supposedly 8,176 of them in 70 with an estimated value of $120. Not much risk to PCGS.
Gilded natural or AT
Best place to buy !
Bronze Associate member
You mean your not going to put a sticker on them and ask more money like some of the tarnished, spotted vintage coins? Shame on u.
Just blow it out on the bay start around melt. Perhaps the Toner crowd would bid it up. Yes I think a TPG would have a disclaimer on tarnish damage / it’s beyond their control. Metals are going to react with the atmosphere.