Advice on PCI graded
twodrhrdtp
Posts: 1,025
I have never owned a pci slab but hear they are known for over grading. Are they worth a 2 grade discount.
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In effect, you have to consider the coin a "raw" coin and judge grade and value based on your examination of the coin.
2. I assume the coin in question is uncirculated, since you refer to 2 points. You can be sure of 1 point, but 2 points is not a bad assumption.
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Chris
My Collection of Old Holders
Never a slave to one plastic brand will I ever be.
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
I even kept the cracked slabs and labels as documentation and to use as examples for future purchases.
The 1881-CC was a PCI MS-64 PQ and is a gorgeous Semi-PL Frosted Cameo in the older 10 digit S/N holder, which crossed to PCGS MS-64 (still looks 65 to me).
The 1885-CC was a PCI MS62 DMPL in the newer PCI Green Border label with 14 digit S/N holder, which crossed to the same grade as PCGS MS-62 DMPL
The 1890-CC was graded PCI MS62 PL in an older 10 digit S/N Green Border label holder, which crossed to PCGS MS62 (without receiving the PL designation) -- looks MS63 Semi-PL (or possibly 64) to me...
1890-CC PCGS MS62 Morgan Dollar -- New Photo
Stuart
Collect 18th & 19th Century US Type Coins, Silver Dollars, $20 Gold Double Eagles and World Crowns & Talers with High Eye Appeal
"Luck is what happens when Preparation meets Opportunity"
It's always best to purchase the coin and not the holder.
Stuart
Collect 18th & 19th Century US Type Coins, Silver Dollars, $20 Gold Double Eagles and World Crowns & Talers with High Eye Appeal
"Luck is what happens when Preparation meets Opportunity"
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
<< <i>Best advice---AVOID
No, best advice: look at the coin, not the holder. Novel concept.
<< <i>Whenever I try to buy a PCI graded coin all dealers try to charge me the greysheet price for that grade! I personally think they're worth less, but the dealers I talk to don't agree with that! >>
Worth less because they're overgraded, or because they're in PCI holder? I've seen some PCI coins that are worth multiples of sheet, and I've seen many more that are overgraded. COIN, NOT HOLDER.
Stuart
Collect 18th & 19th Century US Type Coins, Silver Dollars, $20 Gold Double Eagles and World Crowns & Talers with High Eye Appeal
"Luck is what happens when Preparation meets Opportunity"