Actually, being as this the Collector's Universe forum and so many folks here are active submitters, I would seriously like to ask this question:
Does PCGS honestly expect me to submit what may be a very valuable coin in a coin flip when an article that was once posted on their own site disclosed that those same flips are sometimes responsible for hairlines on larger coins? I'd like to submit a few coins here and there, but I've NEVER been comfortable with flips. Am I just paranoid?
<< <i> i took the advice of others and only buy pcgs slabbed coins.
this really limits what i can purchase though. it makes one very picky. >>
So either you have no faith in your ability to grade, or you can't bear to buy the coin. Thanks for only buying PCGS... you're leaving a ton of nice coins for the rest of us.
if submitted to pcgs what grade would it get? would it even get the cameo designation?
i will be the first to admit, if you know your series, go to town. More power to you. I just know, from reading others posts who have more knowledge than I, what I am doing is sound.
<< <i>Nope... coins just magically appear in their holders... >>
Be nice to the newbie George! >>
He's been here longer than ol George. Heck, he's been here longer than most of us. Why do you ask, Old Oreol of Garfield? Come, sit thee down, father, rest you, and tell your tale, prithee
Quis custodiet ipsos custodes?
Apropos of the coin posse/aka caca: "The longer he spoke of his honor, the tighter I held to my purse."
marty and russ, i simply cannot get into the "game" you guys play. I do not know enough.
I just wonder if you resubmit coins multiple times in order to get them in the right grade. In other words, they do not cross as easily as you make it sound.
marty and russ, i simply cannot get into the "game" you guys play. I do not know enough.
I just wonder if you resubmit coins multiple times in order to get them in the right grade. In other words, they do not cross as easily as you make it sound. >>
So true! But with the
<< <i>Modern Crap >>
I submit, I have a good crossover rate. Plus I have sold coins that didn't cross and the new owner sent them in and crossed them!
It is not exactly cheating, I prefer to consider it creative problem solving!!!
I have seen and owned some real dogs in PCGS holders. On average, I think that PCGS grading is slightly stricter, but that does not help you for the individual coin. Some of my best and favorite coins are in NGC holders.
That coin obviously turned in the holder. It is one thing for PCGS to miss the artificial frost, but another to miss a silent and latent problem that appears after the coin is holdered. That said, a very experienced dealer told me that it is easier to get a problem coin into a PCGS holder than an NGC holder, and my limited experience certainly supports this statement.
<< <i>would that not be a case of a coin being dipped, slabbed, and then going bad after the fact? >>
No, in fact I know with certainty the coin was never dipped since I submitted it myself. If it had been dipped, it never would have developed the spots. It was one of my early submissions before I learned - the hard way - that milk spots can develop on coins after they're holdered if the surfaces have not been stabilized.
The point, though, is that if you're buying in a sight-unseen market and sticking only to PCGS because you think you'll never get a dog, you're in for a rude awakening.
and if you think we are hard on you. Try the dark side, I'm still getting crap there about just putting coins into slabs! They like them RAW over there!
It is not exactly cheating, I prefer to consider it creative problem solving!!!
<< <i>The point, though, is that if you're buying in a sight-unseen market and sticking only to PCGS because you think you'll never get a dog, you're in for a rude awakening. >>
They are dogs because people submit dogs and unless PCGS can find a reason to BB them they are pretty much obligated to to grade and slab them. Or would you prefer a note saying we don't feel your coins are what we want in our holders? But I agree a PCGS holder is no guarantee against a crappy coin; just look at smoe a the chit up on TT.
<< <i>The point, though, is that if you're buying in a sight-unseen market and sticking only to PCGS because you think you'll never get a dog, you're in for a rude awakening. >>
They are dogs because people submit dogs and unless PCGS can find a reason to BB them they are pretty much obligated to to grade and slab them. Or would you prefer a note saying we don't feel your coins are what we want in our holders? But I agree a PCGS holder is no guarantee against a crappy coin; just look at smoe a the chit up on TT. >>
I think the point isn't that they're dogs, but they're dogs for the grade. The service can't BB an ugly coin, but when an ugly coin gets a grade it doesn't deserve, then there's a problem.
That said, at the ANA Advanced Grading class, we looked at a lot of gold--PCGS and NGC. Some were overgraded, some undergraded, and many right on... in both holders. And we also had a sampling of freshly graded, grossly overgraded coins... in PCGS holders. Every company has coins that shouldn't have been graded as highly, and coins that should have been graded higher. The key is to look at the coin and decide for yourself what should have happened.
MY beef is the fact I do not feel like looking at 100 NGC graded coins to find the 10 ok ones. At least with PCGS, if I look at 100 half eagles, the majority are quite nice.
So i find heritage quite boring with their NGC graded half eagles pretending to be graded accurately.
Plus the market has spoken when it comes to who they trust more.
but i will take everyone's advice and keep an open mind. Once I have learned a lot more i will venture outside my normal routines.
...but i will take everyone's advice and keep an open mind
MY beef is the fact I do not feel like looking at 100 NGC graded coins to find the 10 ok ones. At least with PCGS, if I look at 100 half eagles, the majority are quite nice... So i find heritage quite boring with their NGC graded half eagles pretending to be graded accurately.
That does not exactly sound like an open mind, but really, suit yourself. It is no skin off my back, and I really do not need the additional competition for half eagles. Stay away from the NGC ones, and we will both be better off.
what i meant was, as a beginner i am probably better off sticking with pcgs graded coins. in time i will look at NGC/PCGS/ANACS for the harder to find coins.
But when it comes to the more common half eagles, I do not feel like looking at NGC. More often than not, i find myself wondering why it was graded so high.
The market seems to agree.
edited to add: i do now know how much time you spend at looking at coins but it must be substantial. Do you not limit your searches in some way? I bet RYK looks at coins so rare, only a few pop up. Who slabbed it is rather irrelevent when you only have 3 choices. By picking a favorite TPG, i do not get overwhelmed by hundreds of choices that I will not have the time to look at them all.
<< <i>Same debate has shown up in a lot of threads lately.
No holder is magic armor, proof against all crap. None.
You can buy a cleaned dog in a PCGS holder. Trust me -- I've done 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
Comments
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this really limits what i can purchase though. it makes one very picky.
some day i see myself submitting though.
Russ, NCNE
<< <i>i took the advice of others and only buy pcgs slabbed coins.
this really limits what i can purchase though. it makes one very picky.
some day i see myself submitting though. >>
I love people that buy only PCGS slabbed coins!!! More NGC and ANACS for me!!!
Does PCGS honestly expect me to submit what may be a very valuable coin in a coin flip when an article that was once posted on their own site disclosed that those same flips are sometimes responsible for hairlines on larger coins? I'd like to submit a few coins here and there, but I've NEVER been comfortable with flips. Am I just paranoid?
please feel free to pay slightly less than i do for the same grade coin in either an anacs or ngc holder.
i am very confident with my choice.
are you?
<< <i>please feel free to pay slightly less than i do for the same grade coin in either an anacs or ngc holder.
i am very confident with my choice.
are you? >>
You're asking a guy who crosses a ton of NGC coins to PCGS and makes obscene profits. Yeah, he feels confident.
Like he said, just ignore all the others so there are more bargains for those of us who know how to grade without the blessing of PCGS.
Russ, NCNE
Don't use PVC flips... problem solved.
<< <i> i took the advice of others and only buy pcgs slabbed coins.
this really limits what i can purchase though. it makes one very picky. >>
So either you have no faith in your ability to grade, or you can't bear to buy the coin. Thanks for only buying PCGS... you're leaving a ton of nice coins for the rest of us.
<< <i>Nope... coins just magically appear in their holders...
Be nice to the newbie George!
For example, this $65 pickoff would have been $350 in a PCGS holder.
Russ, NCNE
i wonder if you only hear about the big wins. people tend to never mention the big losses.
sounds sorta like the people who brag about casino wins.
plus, maybe marty is the exception to the rule. someone who wins more then he loses.
i sure would not play that game via the internet.
that spotty thing is cameo?
are those scratches on the coin or holder?
if submitted to pcgs what grade would it get? would it even get the cameo designation?
i will be the first to admit, if you know your series, go to town. More power to you.
I just know, from reading others posts who have more knowledge than I, what I am doing
is sound.
<< <i>russ,
i wonder if you only hear about the big wins. people tend to never mention the big losses.
sounds sorta like the people who brag about casino wins.
plus, maybe marty is the exception to the rule. someone who wins more then he loses.
i sure would not play that game via the internet. >>
If PCGS was the only game in town (sounds like it is for the Koolade drinkers) the crack-out artists would be out of business!!!
FC, no offense, but the are coins graded right and wrong in PCGS, NGC and ANACS holders. Stay tuned, it is going to be an interesting week here!!!
No holder is magic armor, proof against all crap. None.
You can buy a cleaned dog in a PCGS holder. Trust me -- I've done it!
<< <i>
<< <i>Nope... coins just magically appear in their holders...
Be nice to the newbie George! >>
He's been here longer than ol George. Heck, he's been here longer than most of us. Why do you ask, Old Oreol of Garfield? Come, sit thee down, father, rest you, and tell your tale, prithee
Apropos of the coin posse/aka caca: "The longer he spoke of his honor, the tighter I held to my purse."
marty and russ, i simply cannot get into the "game" you guys play.
I do not know enough.
I just wonder if you resubmit coins multiple times in order to get them in
the right grade. In other words, they do not cross as easily as you make it sound.
Of course, it's artificially frosted.
Here's another nice PCGS PR67CAM graded coin:
OOPS! That one is also artificially frosted.
Russ, NCNE
how did you detect they were messed with?
i have to admit they do look odd considering how many others i have seen that
you have posted.
<< <i>all of this is very interesting advice.
marty and russ, i simply cannot get into the "game" you guys play.
I do not know enough.
I just wonder if you resubmit coins multiple times in order to get them in
the right grade. In other words, they do not cross as easily as you make it sound. >>
So true! But with the
<< <i>Modern Crap >>
I submit, I have a good crossover rate. Plus I have sold coins that didn't cross and the new owner sent them in and crossed them!
<< <i>how did you detect they were messed with? >>
The frost is translucent and has a bluish tint. It also splashes off the devices on to the fields.
Russ, NCNE
No premium for the zillions of spots.
Russ, NCNE
That coin obviously turned in the holder. It is one thing for PCGS to miss the artificial frost, but another to miss a silent and latent problem that appears after the coin is holdered. That said, a very experienced dealer told me that it is easier to get a problem coin into a PCGS holder than an NGC holder, and my limited experience certainly supports this statement.
would that not be a case of a coin being dipped, slabbed, and then going
bad after the fact?
i do not think PCGS would grade it like that. did they?
edited to add: for some reason i think russ was testing me
<< <i>russ,
would that not be a case of a coin being dipped, slabbed, and then going
bad after the fact?
i do not think PCGS would grade it like that. did they? >>
Maybe the sealer sneezed right before they sealed it up!!
<< <i>would that not be a case of a coin being dipped, slabbed, and then going
bad after the fact? >>
No, in fact I know with certainty the coin was never dipped since I submitted it myself. If it had been dipped, it never would have developed the spots. It was one of my early submissions before I learned - the hard way - that milk spots can develop on coins after they're holdered if the surfaces have not been stabilized.
The point, though, is that if you're buying in a sight-unseen market and sticking only to PCGS because you think you'll never get a dog, you're in for a rude awakening.
Russ, NCNE
<< <i>The point, though, is that if you're buying in a sight-unseen market and sticking only to PCGS because you think you'll never get a dog, you're in for a rude awakening. >>
They are dogs because people submit dogs and unless PCGS can find a reason to BB them they are pretty much obligated to to grade and slab them. Or would you prefer a note saying we don't feel your coins are what we want in our holders? But I agree a PCGS holder is no guarantee against a crappy coin; just look at smoe a the chit up on TT.
do you look at any gold holdered in either ngc or pcgs slabs?
i wonder if we look at coins that are in two different worlds.
i do not look at modern coins at all. I pretty much avoid silver too except what
i see here on the forum.
are we both making judgements on two very different categories?
That 64 looks like an AH with spots!
Ike Specialist
Finest Toned Ike I've Ever Seen, been looking since 1986
i cannot even begin to grade a rarity like that.
<< <i>
<< <i>The point, though, is that if you're buying in a sight-unseen market and sticking only to PCGS because you think you'll never get a dog, you're in for a rude awakening. >>
They are dogs because people submit dogs and unless PCGS can find a reason to BB them they are pretty much obligated to to grade and slab them. Or would you prefer a note saying we don't feel your coins are what we want in our holders? But I agree a PCGS holder is no guarantee against a crappy coin; just look at smoe a the chit up on TT. >>
I think the point isn't that they're dogs, but they're dogs for the grade. The service can't BB an ugly coin, but when an ugly coin gets a grade it doesn't deserve, then there's a problem.
That said, at the ANA Advanced Grading class, we looked at a lot of gold--PCGS and NGC. Some were overgraded, some undergraded, and many right on... in both holders. And we also had a sampling of freshly graded, grossly overgraded coins... in PCGS holders. Every company has coins that shouldn't have been graded as highly, and coins that should have been graded higher. The key is to look at the coin and decide for yourself what should have happened.
What was the origianal question?
Oh, I remeber now!
You're asking a guy who crosses a ton of NGC coins to PCGS and makes obscene profits. Yeah, he feels confident.
Russ,
I know what's obscene but how many are tons?
Yes, absolutely. Dipped, cleaned, ugly... There are also some great ones.
Are there some magnificent gold coins in NGC and ANACS holders?
Yes, absolutely. There are also some dogs.
The point has to do with the coin. As the monks say, "The finger that points to the moon, is not the moon."
I can agree with that 100%.
MY beef is the fact I do not feel like looking at 100 NGC graded coins to find the 10 ok ones.
At least with PCGS, if I look at 100 half eagles, the majority are quite nice.
So i find heritage quite boring with their NGC graded half eagles pretending to be graded accurately.
Plus the market has spoken when it comes to who they trust more.
but i will take everyone's advice and keep an open mind. Once I have learned a lot more
i will venture outside my normal routines.
MY beef is the fact I do not feel like looking at 100 NGC graded coins to find the 10 ok ones.
At least with PCGS, if I look at 100 half eagles, the majority are quite nice...
So i find heritage quite boring with their NGC graded half eagles pretending to be graded accurately.
That does not exactly sound like an open mind, but really, suit yourself.
i guess i was rather confusing.
what i meant was, as a beginner i am probably better off sticking with pcgs graded coins.
in time i will look at NGC/PCGS/ANACS for the harder to find coins.
But when it comes to the more common half eagles, I do not feel like looking at NGC.
More often than not, i find myself wondering why it was graded so high.
The market seems to agree.
edited to add: i do now know how much time you spend at looking at coins
but it must be substantial. Do you not limit your searches in some way?
I bet RYK looks at coins so rare, only a few pop up. Who slabbed it is rather
irrelevent when you only have 3 choices. By picking a favorite TPG, i do not get
overwhelmed by hundreds of choices that I will not have the time to look at them all.
<< <i>Same debate has shown up in a lot of threads lately.
No holder is magic armor, proof against all crap. None.
You can buy a cleaned dog in a PCGS holder. Trust me -- I've done 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