I have the next revolutionary idea in PCGS grading...bet on it.
opportunity
Posts: 1,019 ✭✭✭✭
PCGS would let members optionally sign up for a re-grade option before the coins leave the house. You'll get an email when your grades are ready... click "accept" on the ones you want back now, or "regrade" for the ones you don't like the outcome for, they're assigned a new ticket, you're billed for them, and they go back through the mill again without having to be shipped back and forth.
Remember that everything stays anonymous in the grading room, and you don't even get asked if you want a regrade unless you sign up for it (if you don't want to be asked, everything stays status quo)
Early American Copper, Bust and Seated.
I have the next revolutionary idea in PCGS grading...bet on it.
This is a public poll: others will see what you voted for.
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"Pay twice to make it nice".... that's one of the more blatant conflicts of interest I've seen lately
We already have "upgrade and pay a commission on the new value of the coin".
Commems and Early Type
So basically you're saying that reputable TPG's would conspire to grade lower because they're saving the customers shipping time and money, and no one ever mails coins back in for another try?
Early American Copper, Bust and Seated.
Well... it would save a lot of disappointments when - and if - the regrade either confirms or changes the initial grade. And it would save postage... Cheers, RickO
Noooo....I'm say that when you pay for a grade, you should get a grade.
Why would you walk out of the emergency room after I treated you and come right back immediately to see me a second time to see if I wanted to change my diagnosis and treatment?
Commems and Early Type
COI's already noted above, if only there was pure objectivity in this subjective and biased procedure to get a grade and a slab around a coin.........
Best, SH
I think it would undermine the PCGS brand for such a service and I don't see it being offered unless they were desperate.
"Got a flaming heart, can't get my fill"
So you send in a Morgan that you're sure is a 65 but gets a 64+. You ask for the re-grade and you get a 64. Are we having fun yet?
Thinking like this proves the hobby is going downhill.. An idea like this only promotes the " shell game" where the only objective is to hopefully upgrade the " slab" the heck with the coin as long as the slab fulfills our inflated expectations and net worth.
Bob
Lordmarcovan, WTCG, YogiBerraFan, Phoenin21, LindeDad, Coll3ctor, blue594, robkoll, Mike Dixon, BloodMan, Flakthat and others.
no i think its a bad idea. if anything id send it back in for regrading. some might have a coin tied up at the graders for an eternity trying to get the grade they want. jmo
What Catbert said.
I kind of like this idea because people are already using the regrade service so this could make it more efficient. All the time spent shipping back and forth isn't fun.
To address some concerns, they could limit this to 1 time per grading.
This part isn't anything new as PCGS already does this and will lower the grade if applicable:
https://www.pcgs.com/servicesandfees
They could also offer reconsideration:
If you want a higher grade just send it to ANACS
Too much paperwork and tracking to split original orders.
@CCGGG said: "If you want a higher grade just send it to ANACS ."
...and your opinion is based on the hundreds of coins you have sent in this month to both services correct?
No, just the hundreds of ANACS graded coins I've seen at most coin shows.
I suggested something similar on a thread a few weeks ago, but more as a quality control check. Submitter can opt-in for a text message saying the order is ready to ship. Upon receiving this message, they have 24 hours to flag something wrong with the order, so that it can be investigated and corrected immediately and without waiting for shipping and enriching the post office. I was thinking more in terms of preventing misattributions or mechanical errors getting into the wild than unsatisfactory grades, though
Keeper of the VAM Catalog • Professional Coin Imaging • Prime Number Set • World Coins in Early America • British Trade Dollars • Variety Attribution
I'd rather do this than CAC.
Great transactions with oih82w8, JasonGaming, Moose1913.
Well, based on your grading skills, I guess that's an irrefutable opinion.
The only way I could see this being a viable option is if the coin were graded by a different team of graders.
If I were a person in charge at PCGS I'd randomize grading "teams" every day.
Great transactions with oih82w8, JasonGaming, Moose1913.
The grading services should have no economic incentive to overgrade, ultimately no one gets fooled.
I would just like to see an economy grading option for all coins where time is irrelevant, so you are willing to wait 3 months and get the coins graded for under $10 or so.
Ok, that helps. Just like "real" voting, once its done you can't change it.
There's no point sending a coin to a TPG if you can't rely on the grade on the slab. Gradeflation over the years has done this to some degree, via the backdoor, so to speak.
"Seu cabra da peste,
"Sou Mangueira......."
This is the opposite of CAC. CAC "confirms" with a 2nd independent opinion the grade. This option allows any moron with enough money to keep resubmitting a coin until someone accidentally and possibly erroneously slides it up a grade.
HORRIBLE idea
"This coin made MS66 on the first try at PCGS. I call it 'MS66-1' and there are only four in MS66-1 at PCGS versus 17 in MS66-2. The CAC green bean was also achieved on the first try, reducing the population to two MS66-1 CAC-1."
Interesting idea, but I do not think I like it
JMO
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
I think you made your point here. Great Poll
How about having all the coins true viewed in a snap chat setting and have Forum members GTG Majority wins
Best place to buy !
Bronze Associate member
Why did I read this?
I like the idea because people already are doing it but in a long version. I could see how it would become a major headache for PCGS to hold all the coins in the order to ship them all at once otherwise their costs would rise. AND after all the coins have been satisfactorily graded, you could request that they be sent on to CAC for verification. jk on that last part
"A dog breaks your heart only one time and that is when they pass on". Unknown
Is the grafeflation now moving that fast?
This makes the most sense to me. If PCGS also did at least a scan of the holder, similar to NGC, one can look at the scans to verify that the label is correct (I.e. correct variety, mintmark, date, denomination, etc). Even though the tpgs should already be checking for these types of errors, they are human and it would help to have another set of eyes (your own) verify that all is ok without having to ship back and forth.
You may be joking, but my next suggestion was to setup a CAC outlet next to PCGS and setup a series of pneumatic tubes like the ones at bank drive thru's....you know the rest.
Early American Copper, Bust and Seated.
That will NEVER happen.
For myself, I would want the coin returned to me and thereby alleviating a "knee jerk" reaction for an instantaneous resub. Allow time for the dust to settle on the grade assignment. No rush to judgment. Get the coin back in hand and allow time for proper re-evaluation of any future resub. This, despite possibly incurring a future shipping expense.
I started a thread on why doesn't PCGS just put CAC stickers on when you send in your coin for a regrade or new slab, and that went over like a lead balloon.
I don't see anything changing at PCGS.
Later, Paul.
When I was a kid, the answer was the answer. Whether I liked it, or NOT.
It should still be that way now. And I CAN say that... because I've been on both sides of it.
Insert witicism here. [ xxx ]
If you like Gradeflation then this is an idea for you as all it does is speed that process up.
If you don't like Graeflation then this idea is a Pass.
It might have its positive points, but I dunno !!!
I think they should just spend enough time with the coin to get the grade right the first time around.
From PCGS's perspective, it is good in that it would boost revenue's for PCGS. However, it is bad in that it erodes confidence in PCGS' ability to grade consistently. "Don't like the grade? Wait 5 minutes and try again!"