Can you tell why PCGS bagged this coin.

MadMarty · October 21, 2003 7:50AM

My dealer buddy drives almost 300 miles to have me walk this 1889-CC Morgan through PCGS. The picture sucks!, but it is a PL coin. PCGS Bodybagged it, can you tell why? Some of you already know, so keep your yaps shut!

mdwoods · October 21, 2003 7:52AM

Questionable toning?

JxnBoy · October 21, 2003 7:53AM

Environmental damage?

jonesy · October 21, 2003 8:04AM

Because you had it??

Placid · October 21, 2003 8:05AM

Too ugly?

Wisconsin · October 21, 2003 8:07AM

Submissions are down and they are hoping you resubmit it????

TheNumish · October 21, 2003 8:08AM

For an 1889-CC coin looks too good to be true. Can't figure it out from the scan. Spit it out Marty. What's wrong with it?

Bubblehead · October 21, 2003 8:09AM

Questionable Color!

ConstellatioCollector · October 21, 2003 8:10AM

PVC?

MadMarty · October 21, 2003 8:12AM

Yep. Questionable Color! The coin is white (ask jason he saw it in person), it has a tint of gold. And they bagged it! That was $100 down the crapper!

segoja · October 21, 2003 8:12AM

Is it real?

Placid · October 21, 2003 8:19AM

Pcgs is right that coin does not deserve to be in a pcgs holder.

LAWMAN · October 21, 2003 8:22AM

Funky color.

Cam40 · October 21, 2003 8:28AM

Easy solution. Send it to NGC. Its a 64 atleast, by their standards.

Baley · October 21, 2003 8:31AM

Send it to NGC. Its a 64 atleast, by their standards

No, it is not.

madeddie · October 21, 2003 8:33AM

It was cleaned? The toning looks very uneven......I'm just guessing here.....

Edit Note: After I submitted my post to this thread, I read all the responses.....

MadMarty · October 21, 2003 8:34AM

ANACS gave it a quick look at. Pegged it at a 62PL or a 63PL

IrishMike · October 21, 2003 8:39AM

Send it to NCS and get it dipped. If it then slabs in an NGC holder he hasn't lost any money. An MS 89CC should bring about the same money in either holder. In the event it remains in an NCS holder at least its verified and should still sell easily.

razorface1027 · October 21, 2003 8:42AM

I dunno...UMMMMM someone took a torch to it?

fivecents · October 21, 2003 8:42AM

<< <i>PCGS Bodybagged it, can you tell why? >>

Because you had that "I just drove three hunderd miles to submit this one coin on walk thru" look on your face when you handed the coin to the grader? The heavy breathing probably didn't help either.

Cam40 · October 21, 2003 8:54AM

because grading is not a science and just an opinion by someones own standards grading opinions will
continue to be all over the map, even on the same coin.
PCGS could, by their own standards, justifiably give that coin a 67. Yes even a 67 with that amount of wear
or weakness of strike.
I think it all depends on WHO is submitting the thing. Oh sure, thats supposed to not be allowed to happen right?
Right. If you believe that, I got this bridge I wanna sell ya. Its really nice too. Its in Brooklyn.

FC57Coins · October 21, 2003 8:55AM

Because it's yours and you were chewing on a potato when you took it to the grading table?

jbsteven · October 21, 2003 8:59AM

A quick dip and it will be a 62/3PL

the coin should have not been bagged. PCGS must laugh all the way to the bank when they bag coins like this for $100 a pop.

Who here thinks PCGS should give a 50% credit towards grading for bagged coins? They have no liability if it is not in a slab but if it is in a slab they ave 100% liability.

What do you think?

fivecents · October 21, 2003 9:09AM

<< <i>Who here thinks PCGS should give a 50% credit towards grading for bagged coins? They have no liability if it is not in a slab but if it is in a slab they ave 100% liability. >>

jb...This would be great for the submitter, but not to fair to PCGS. After all, some of bodybagged coins are no brianer problem coins. Plus there would be a two year submission turn around at PCGS because the submissions would go thru the roof.

mgoodm3 · October 21, 2003 9:32AM

Maybe it's just the pic but the surfaces look funny, esp. on the obv. Is it real?

fcloud · October 21, 2003 9:36AM

Whizzed or cleaning.

There is probably a tiny spec somewhere that a grader saw that nobody else would ever be able to find.

coinkat · October 21, 2003 9:42AM

Artificial color for starters... a bath is not going to help. It has a look as if it has already been bathed afew times resulting in what could be environmental damage. Sorry... but my opinions are based on the scan and perhaps my thoughts would be more encouraging if I saw the coin. I am alittle surprised with the ANACS grade...

Baley · October 21, 2003 9:47AM

PCGS could, by their own standards, justifiably give that coin a 67-cam40

dood, what are you smoking?

MrEureka · October 21, 2003 9:48AM

The coin is white (ask jason he saw it in person), it has a tint of gold.

Maybe it looks white to you, but in that scan it looks brown and blue to me.

I guess competition would force PCGS to charge less than $100 a coin if it was possible to grade from a scan.

nwcs · October 21, 2003 9:58AM

The coin looks bad in the picture, made me question its authenticity.

clackamas · October 21, 2003 11:21AM

Wihizzzzzzzzzzzzzzzzzzz

291fifth · October 21, 2003 11:21AM

Looks like a PVC haze.

relayer · October 21, 2003 11:26AM

Because they don't have any other blue ones like that slabbed

byergo · October 21, 2003 2:07PM

Looks pretty shiny. Has this coin been "chromed."

Cam40 · October 21, 2003 5:33PM

Baley- I,m not calling the coin a 67 myself. I,m saying that grade opinions can be all over the place by even the best of graders.
About PCGS`s standards, I know I,ve read it here and in their book that even a 67 can have a substantial amount of visible rub and still make that lofty grade.
So, what I might be smoking doesnt really matter. I,m just parroting what I,ve heard here from reputable sources.
I dont make the rules of standard grading. I just observse them.......BTW , wanna toke?

bearcave · October 21, 2003 5:50PM

<< <i>Baley- I,m not calling the coin a 67 myself. I,m saying that grade opinions can be all over the place by even the best of graders.
About PCGS`s standards, I know I,ve read it here and in their book that even a 67 can have a substantial amount of visible rub and still make that lofty grade.
So, what I might be smoking doesnt really matter. I,m just parroting what I,ve heard here from reputable sources.
I dont make the rules of standard grading. I just observse them.......BTW , wanna toke?

>>

Pass it on over!

Baley · October 21, 2003 6:20PM

well, that coin does not have a MS67 level of "rub" for a Morgan dollar, it has the pecks and ticks of an MS61 or 62 coin at best, if it makes mint state at all. I understand your point about the variability of grading, and the leniency that older type coins such as bust coins [sometimes] receive in the grading room, but do not think that applies here. as for the other, don't bogart it, pass it on over here.

Cam40 · October 21, 2003 6:40PM

Truce!!!! Here, take the peace pipe. And this pocket-piece Peace dollar to cover the bowl
after your hit. There ya go. Dont waste any now......

what would i do without the laughing jester.

i agree the coin exhibits more wear or weak strike than rub in this case.
i did exagerate it too much......(cough, cough) my bad.

1jester · October 21, 2003 9:43PM

The coin looks not only baggy, but also the surfaces have this strange corroded look, as if it had been damaged by PVC.

"Truce!!!! Here, take the peace pipe. And this pocket-piece Peace dollar to cover the bowl
after your hit. There ya go. Dont waste any now......

what would i do without the laughing jester." --Cam40

Hey, I like the Jester too!!

Now pass the bong!!!

PS: a Peace Dollar bowl cover????!!! That's one huge bowl....

razorface1027 · October 21, 2003 10:08PM

Truce!!!! Here, take the peace pipe. And this pocket-piece Peace dollar to cover the bowl
after your hit. There ya go. Dont waste any now......

what would i do without the laughing jester.

UHOH! Is he getting a RUSH, or, is it lack of oxygen to the brain?...Always has been a tough experience to distinguish....

Placid · October 21, 2003 10:12PM

razorface1027 · October 21, 2003 10:18PM

WHEW!...A hint of red lebanese has filled this room through osmosis...

remumc · October 21, 2003 11:41PM

Marty,

The reason is because you submitted it, it wasn't an AU58, therefore it must be bogus.

Regards,

Wayne

Baley · October 31, 2003 9:09AM

probably NGC would give it MS63PL

Russ · October 31, 2003 9:25AM

Baley,

I agree. At NGC it's a solid MS63PL. Absolutely no doubt.

Russ, NCNE

Baley · October 31, 2003 9:30AM

hmmm, I don't know if I'd call it solid. Maybe they give it three quarters of a point for being a rare date CC dollar, and if it were a different date/mm it would just be a 62?

Russ · October 31, 2003 9:32AM

Baley,

Good point. Maybe Marty should submit it to NGC and see what happens.

Russ, NCNE

Baley · October 31, 2003 9:41AM

Oh, they'll put it in a 63 holder, a $5K boost to make up for all those 58s from across the street

Skipper53 · October 31, 2003 10:29AM

Competition can be a GOOD thing !!!

billboat · October 31, 2003 11:00AM

Break out the MS70 and some Q-tips--5 minutes work and you'll be rich! Or send it to me.

Can you tell why PCGS bagged this coin.

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