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i got more bad grades.

order # . 3248087



LINE # CERT # COIN DATE DENOMINATION VARIETY COUNTRY GRADE
1 21988162 1970-S 1C Large Date USA PR66RB
2 21988163 1942 50C USA AU58
3 21988164 1954 50C USA MS64
4 21988165 1959-D 50C USA MS64FL
5 21988166 1962 50C USA MS63FL
6 21988167 1963-D 50C USA MS64
7 21988168 1963-D 50C USA MS64
8 21988169 1963-D 50C USA MS64
9 21988170 1964-D 50C USA MS64
10 21988171 1964-D 50C USA MS64
11 21988172 1884-O S$1 USA MS63
12 21988173 1922 S$1 USA MS63
13 21988174 1922 S$1 USA AU58
14 21988175 1922 S$1 USA MS61
15 21988176 1922-D S$1 USA AU55
16 21988177 1923 S$1 USA MS63
17 21988178 1925 S$1 USA Damage
18 21988179 1925 S$1 USA MS62
19 21988180 1925 S$1 USA AU55

Date Received: 05/17/2005
Date Shipped: No Date Specified

hi

they killing me, mite be a wile before, I send in again.
littlejohnimage

Comments

  • BaleyBaley Posts: 22,663 ✭✭✭✭✭
    what were you expecting?

    Liberty: Parent of Science & Industry

  • Well, looking forward, this should help give you an idea as to what it takes to get the grades you were looking for, and it will give you a grading set for a range of 55 to 63 silver dollars.
  • streeterstreeter Posts: 4,312 ✭✭✭✭✭
    I hate bad grades.

    When you get a 63....just say it's a 65---like this one

    http://cgi.ebay.com/ws/eBayISAPI.dll?ViewItem&category=39465&item=8313481321

    image
    Have a nice day
  • ShamikaShamika Posts: 18,785 ✭✭✭✭
    Ouch!

    Buyer and seller of vintage coin boards!
  • I just got back a 7 coin order of 1969-d of which I was sure at least five would go 67 and one would go 68. Before I packaged it up I ran it by a guy who was a grader at a major auction house who will go nameless and he agreed that at least five would go 67 and one had a high chance at 68 as I had orginally thought. Well I got the grades back on saturday and here is the result:

    4 MS66
    2 MS65
    1 MS64

    I laughed my ass off when I read it because none went 67 and rest are not even worth mentioning. I have 60 more coins to send up but I am seriously thinking of sending them to NGC since I will not want a two grade hit on them as is appearing in most if not all of my raw submissions and these coins will all go MS66,67 for sure at NGC. It appears that haze and toning are now becoming more recognized in the grading since my David Hall write ups mostly used that as excuses for my free presidential reviews as not regrading the coins that I sent in for the freebie.

    I find this to be the biggest change in grading that I have experience and really dont know how to handle this other then stop sending coins up raw or send them to NGC and then cross them over after they are more reasonably graded since I am having much better luck doing the later. Expensive but it works since I crossed three coins this time in grade from NGC holders that PCGS graded at least one point lower and when I resubmitted the coins they crossed.
  • KurtHornKurtHorn Posts: 1,382


    << <i>order # . 3248087



    LINE # CERT # COIN DATE DENOMINATION VARIETY COUNTRY GRADE
    1 21988162 1970-S 1C Large Date USA PR66RB
    2 21988163 1942 50C USA AU58
    3 21988164 1954 50C USA MS64
    4 21988165 1959-D 50C USA MS64FL
    5 21988166 1962 50C USA MS63FL
    6 21988167 1963-D 50C USA MS64
    7 21988168 1963-D 50C USA MS64
    8 21988169 1963-D 50C USA MS64
    9 21988170 1964-D 50C USA MS64
    10 21988171 1964-D 50C USA MS64
    11 21988172 1884-O S$1 USA MS63
    12 21988173 1922 S$1 USA MS63
    13 21988174 1922 S$1 USA AU58
    14 21988175 1922 S$1 USA MS61
    15 21988176 1922-D S$1 USA AU55
    16 21988177 1923 S$1 USA MS63
    17 21988178 1925 S$1 USA Damage
    18 21988179 1925 S$1 USA MS62
    19 21988180 1925 S$1 USA AU55

    Date Received: 05/17/2005
    Date Shipped: No Date Specified

    hi

    they killing me, mite be a wile before, I send in again.
    littlejohnimage >>



    Ouch! I feel your pain...
    "Don't bother just to be better than your contemporaries or predecessors. Try to be better than yourself." - William Faulkner
    NoEbayAuctionsForNow
  • 291fifth291fifth Posts: 24,667 ✭✭✭✭✭
    It's time to step back and examine your own grading abilities. Perhaps you shouldn't be buying raw coins.
    All glory is fleeting.
  • Steve27Steve27 Posts: 13,275 ✭✭✭
    Ouch!

    "It's far easier to fight for principles, than to live up to them." Adlai Stevenson
  • PerryHallPerryHall Posts: 46,797 ✭✭✭✭✭


    << <i>It's time to step back and examine your own grading abilities. Perhaps you shouldn't be buying raw coins. >>

    image

    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

  • DHeathDHeath Posts: 8,472 ✭✭✭
    might be a while before I send in again.

    LittleJohn, it looks to me like you chose common material to submit. For it to make financial sense to holder them, they'd generally have to be exceptional coins. If PCGS bumped every coin on your invoice by a point, it would still be hard to break even on the invoice. I know you didn't ask for advice, but perhaps it would help to submit fewer pieces while you learn PCGS's standard, and why it is so much different than yours. A smaller order of the nicest coins would have saved you a few bucks and given you some good reference material.

    Sometimes PCGS grades a coin differently than I do too, but the grades are sometimes higher as well as lower. Since you're holdering duplicate material, my guess is that you are holdering some of the coins to sell them. If that's the case, you'll have to figure out how to match PCGS's expectation, not have them match yours. That takes awhile, but if you're going to be involved in the hobby with the expectation of making money, its a critical skill.

    When you sell, the coins that are marginal for the grade (or overgraded in your opinion) will come to bother you more than the undergrades. Its always better to know your buyer got a nice coin for the money than to think they overpaid, or bought a coin you wouldn't be happy with for the grade. Alot of the common stuff in 65 holders is not gem IMO, but then no one is willing to pay me for my opinion.

    Stick with it. It'll be worth it long term. image
    Developing theory is what we are meant to do as academic researchers
    and it sets us apart from practitioners and consultants. Gregor
  • ibzman350ibzman350 Posts: 5,315
    " i got more bad grades. "


    Yes you did........... make them stand in the corner, now.



    All kidding aside, just a part of the learning curve..image




    Herb
    Remember it's not how you pick your nose that matters, it's where you put the boogers.
    imageimageimage
  • All kidding aside, just a part of the learning curve..




    Herb
    --------------------------
    I know. this is not my first order.and belive me , i done good in the past.
    some of these coins, are some that i have not work with in the past.and i will have to look them over very good when i get them in.
    and try to see where i went worugh at. thanks for all the help.
    littlejohn

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