Hypothetical

BigD5 · November 15, 2003 2:35AM

You send a coin off to NGC, it gets bagged. You then turn around and send the coin to PCGS. It grades.
Is the coin any good?

kieferscoins · November 15, 2003 2:38AM

Did you think it was good before sending in or was the submittor thinking it was a problem coin? If you think it is good and worth the submission to both services, NGC most likely got it wrong.

Cameron Kiefer

clw54 · November 15, 2003 2:46AM

<< <i>You send a coin off to NGC, it gets bagged. You then turn around and send the coin to PCGS. It grades.
Is the coin any good? >>

It could go either way, depending on which grading service got it wrong.

Baley · November 15, 2003 2:47AM

there is no right or wrong, just different opinions.

as for if the coin is any "good", it depends on the specific coin, doesn't it?

IrishMike · November 15, 2003 2:59AM

I think the story adds value to the coin as a conversation piece, i.e. proof that just because a coin does or doesn't get a grade does not make it uncollectable.

DHeath · November 15, 2003 3:01AM

If you send a coin to PCGS and it gets bagged, resubmit it to PCGS and it gets holdered......

XpipedreamR · November 15, 2003 3:09AM

In the real world, you bet!

darktone · November 15, 2003 3:11AM

I sent an 11-D saint to PCGS and they graded it MS63 and in my eyes it was 64+ so I cracked it and sent it to NGC for a try....it came back in a body bag for residue? Is the coin still good? Sure it's still a good coin and I know if I try this again I would not be surprised to get a 65- it's just an opinion. mike

BigD5 · November 15, 2003 3:36AM

I'm really just trying to stir the pot a bit here.
The pcgs bag, and then pcgs grade scenario is quite funny, and has actuallly happened to me with pcgs, ngc and anacs.
I've even done a submission to ngc, and then the bodybags to anacs, and the last bodybags to pcgs, where 1 out of 3 of those last bags slabbed.
It can be quite amusing at times.

I think some wide discrepencies can be seen with earlier issues, where market grading comes into full force. Most of these coins have some sort of problem, and most times it is a split second judgement call as to whether or not that particular coin will grade. I mean if the grader is having a bad day on a submission of bust coinage, the submitter can resubmit that same batch, and have enormously different results. Possibly anyway.

But.......if three graders and a finalizer are supposed to be looking at all of these coins, then this SHOULDN'T be the case, should it?

"residue" Can't they just dip that freaking thing, and bill me, and save me the time and aggravation of doing it at home and then sending it back?????!!!!!!!!!!!!!

291fifth · November 15, 2003 3:45AM

There are certain coins, early red Indians and Lincolns are a good example, that the major services seem to bodybag at the slightest hint of "artificial toning". Many of these coins are probably original. Once you get a coin like this in a major brand holder it is probably best to leave it there. Who knows what the grading services will do if you crack it out and resubmit it?

Bobk · November 15, 2003 4:13AM

Just hope your coins rotation doesent fall into the graders hands friday afternoon.

The coin still is what it is.

lordmarcovan · November 15, 2003 4:59AM

You should crack it out and spend it.

razorface1027 · November 15, 2003 5:04AM

Companies have claimed to prospering through sound business ethics.

However, to believe is to be deceived. All sound business' BANK on it!...

MrEureka · November 15, 2003 5:10AM

You send a coin off to NGC, it gets bagged. You then turn around and send the coin to PCGS. It grades. Is the coin any good?

As long as you don't crack it out of the holder it should be just fine.

Julian · November 15, 2003 5:24AM

The coin has value regardless of how it is housed.

MrEureka · November 15, 2003 5:34AM

The coin has value regardless of how it is housed.

Julian - So young and idealistic!

Hypothetical

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