What is Code "88" PCGS?

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braddick
braddick Posts: 25,183 ✭✭✭✭✭
in U.S. Coin Forum

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  • Namvet69
    Namvet69 Posts: 9,421 ✭✭✭✭✭
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    Well, it's not graded, so there's a clue.

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  • WQuarterFreddie
    WQuarterFreddie Posts: 3,305 ✭✭✭✭✭
    edited June 2, 2023 3:07PM
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    Best to call PCGS for confirmation but I believe 88 means questionable authenticity...

  • World67
    World67 Posts: 13,098 ✭✭✭✭✭
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    88 isn't on their current code list.

  • Greenstang
    Greenstang Posts: 1,645 ✭✭✭✭✭
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    Agree
    Code 88 means “questionable authenticity”.

  • World67
    World67 Posts: 13,098 ✭✭✭✭✭
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    These are the codes for a "no holder" which wouldn't apply to your coin.

  • jmlanzaf
    jmlanzaf Posts: 43,044 ✭✭✭✭✭
    edited June 2, 2023 3:16PM
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    @WQuarterFreddie said:
    Best to call PCGS for confirmation but I believe 88 means questionable authenticity...

    @WQuarterFreddie said:
    Best to call PCGS for confirmation but I believe 88 means questionable authenticity...

    They would not grade a coin "Gem Proof" if it had questionable authenticity.

    There's nothing wrong with that coin. It is likely another marketing company coin that was submitted for a no grade.

    All comments reflect the opinion of the author, even when irrefutably accurate.

  • PerryHall
    PerryHall Posts: 47,748 ✭✭✭✭✭
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    @WQuarterFreddie said:
    Best to call PCGS for confirmation but I believe 88 means questionable authenticity...

    If the authenticity is questionable, they would not have slabbed it.

    Worry is the interest you pay on a debt you may not owe.
    "Paper money eventually returns to its intrinsic value---zero."----Voltaire
    "Everything you say should be true, but not everything true should be said."----Voltaire

  • WQuarterFreddie
    WQuarterFreddie Posts: 3,305 ✭✭✭✭✭
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    Screen shot of the PCGS cert

  • WQuarterFreddie
    WQuarterFreddie Posts: 3,305 ✭✭✭✭✭
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    @jmlanzaf said:

    @WQuarterFreddie said:
    Best to call PCGS for confirmation but I believe 88 means questionable authenticity...

    @WQuarterFreddie said:
    Best to call PCGS for confirmation but I believe 88 means questionable authenticity...

    They would not grade a coin "Gem Proof" if it had questionable authenticity.

    There's nothing wrong with that coin. It is likely another marketing company coin that was submitted for a no grade.

    Agreed. I stand corrected and that is why I prefaced my comment both with I believe and to call PCGS directly 😉

  • jmlanzaf
    jmlanzaf Posts: 43,044 ✭✭✭✭✭
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    It appears 88 is code for "gem proof" and 89 is the code for "gem uncirculated"

    All comments reflect the opinion of the author, even when irrefutably accurate.

  • braddick
    braddick Posts: 25,183 ✭✭✭✭✭
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    @jmlanzaf said:
    It appears 88 is code for "gem proof" and 89 is the code for "gem uncirculated"

  • jmlanzaf
    jmlanzaf Posts: 43,044 ✭✭✭✭✭
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    @braddick said:

    @jmlanzaf said:
    It appears 88 is code for "gem proof" and 89 is the code for "gem uncirculated"

    Yes. I perused ebay and noted the proofs were all 88 and the unc 89.

    All comments reflect the opinion of the author, even when irrefutably accurate.

  • Batman23
    Batman23 Posts: 5,472 ✭✭✭✭✭
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    As already stated, a generic ungraded GEM Proof number. Not sure why they don't list it on the website under their number codes. Here was a previous discussion about the 88 code when they used it on an UNC quarter. https://forums.collectors.com/discussion/1086527/the-rarest-of-the-bat-coins-2020-w-gem-proof-quarter-now-available-for-only-125-000/p1

  • RobertScotLover
    RobertScotLover Posts: 1,069 ✭✭✭✭✭
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    I always thought "gem proof" means PR65.

  • ProofCollection
    ProofCollection Posts: 8,053 ✭✭✭✭✭
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    If only our host would bother to provide their collectors and the coin market with a comprehensive guide to their codes and designations... Unclear why they insist on keeping these hidden/secret.

  • alefzero
    alefzero Posts: 1,204 ✭✭✭✭✭
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    I am guessing 88 is Genuine Proof and 89 is Genuine UNC. The Choice and Gem would be simply tag text qualifiers added, but not necessary, as it remains ungraded. Real old school dealer grading standards minus the slider deception. Find more with the 89 code. I am thinking not all of them say Gem as well.

  • UncleDano
    UncleDano Posts: 93 ✭✭
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    alefzero: What is the "slider deception" ?

    Collector of what ever looks good to me today.

  • alefzero
    alefzero Posts: 1,204 ✭✭✭✭✭
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    @UncleDano said:
    alefzero: What is the "slider deception" ?

    The old days when AU would be claimed to be BU, a big part of what TPGs were to clean up.

  • Zoins
    Zoins Posts: 34,489 ✭✭✭✭✭
    edited June 4, 2023 9:57AM
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    @alefzero said:

    @UncleDano said:
    alefzero: What is the "slider deception" ?

    The old days when AU would be claimed to be BU, a big part of what TPGs were to clean up.

    This is done under Market Grading which is used by some TPGs and taught by the ANA today.

    Private Mint News | 2010 Lincoln Reverse Finalists
  • rte592
    rte592 Posts: 2,234 ✭✭✭✭✭
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    I wish they would just spell it out for us.
    This code bla bla bla, just give us the news already.

  • ricko
    ricko Posts: 98,724 ✭✭✭✭✭
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    Interesting... I learned something today... ;) A good day already. Cheers, RickO

  • MetroD
    MetroD Posts: 2,568 ✭✭✭✭✭
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    @RobertScotLover said:
    I always thought "gem proof" means PR65.

    I am NOT well versed in "adjectival" grades. So, I had to look for a conversion table.

    It appears that PCGS sub-divides the "uncirculated" tier into multiple levels (i.e., BU, Choice BU, Select BU, Gem BU, and Superb BU). Reference

    Assuming PCGS applies the same prefixes to proof coins, you are correct (i.e., "Gem Proof" approximates PR65 on the Sheldon scale).

    Thanks for the post. I learned something new today, as well. :)

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