Related to Bushmaster's score- grading room procedure question
NHSBaseball
Posts: 2,470 ✭
I was reading with interest Bushmaster's post on "making" his MS-67 1962-D quarter, and not being a modern collector was floored by the price guide on that rarity. I understand the demand for top pop coins by Registry collectors and am not debating the value placed on such a conditional rarity at all- I get it.
What did cross my mind is wondering what the procedure is for such a coin when it hits the grading room. Do they grade it like any other coin and all agree- "yep, it's a lock 67, slab it.", or does somebody say "Hey, check the pops on 62-D's in MS-67 and let's make absolutely sure this hits the grade!"
In other words, does such a coin go through a much more rigorous process, or is PCGS so used to slabbing 10k coins that they don't bat an eye when another one walks through the grading room?
What did cross my mind is wondering what the procedure is for such a coin when it hits the grading room. Do they grade it like any other coin and all agree- "yep, it's a lock 67, slab it.", or does somebody say "Hey, check the pops on 62-D's in MS-67 and let's make absolutely sure this hits the grade!"
In other words, does such a coin go through a much more rigorous process, or is PCGS so used to slabbing 10k coins that they don't bat an eye when another one walks through the grading room?
"College men from LSU- went in dumb, come out dumb too..."
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NGC registry V-Nickel proof #6!!!!
working on proof shield nickels # 8 with a bullet!!!!
RIP "BEAR"
If I buy an Ike that is obviously over-graded, I'll send it in to PCGS for a re-grade and most times get a buy-back offer, either outrightr purchase for a fair price or I can opt to get the coin back in a holder with a lower grade plus the price differential. Does not happen very often and most such Ikes are three-figure coins, but any buy-back is a hit on the reputation of the grader who graded it and I can only imagine the repurcussion for over-grading a 4 or 5 figure coin.
So, there is no doubt in my mind PCGS graders are more careful and probably takes a little extra time with higher dollar value coins. Wouldn't want to miss subtle hair-lines, a tiny spot of corrosion or evidence of metal re-working or other adulteration.
Rob
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I know of one former grader who used to post here and is now missed.
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I always wonder if they grade with the pop reports in hand.
Michael Kittle Rare Coins --- 1908-S Indian Head Cent Grading Set --- No. 1 1909 Mint Set --- Kittlecoins on Facebook --- Long Beach Table 448
<< <i>From the Q&A Forum Looks like they get "super senior" people involved!! At least that is what they did 3 years ago
3 years ago? Wasn't that one of the more recent replies in the Q&A forum?
I've been told I tolerate fools poorly...that may explain things if I have a problem with you. Current ebay items - Nothing at the moment
<< <i>
<< <i>From the Q&A Forum Looks like they get "super senior" people involved!! At least that is what they did 3 years ago
3 years ago? Wasn't that one of the more recent replies in the Q&A forum?
Pretty much, was probably in the first 10 pages or so, not sure. Finally figured out how to read the threads there. Just have to go to the forum and do a search. Just type a single space in the search window and should get every question w/ a space in the title (should be about all of the I'd bet). Had some fun reading them and learned quite a bit. Just too bad you have to search like that to see them... Not sure why they just don't all show up, lots of good info there!!
Michael Kittle Rare Coins --- 1908-S Indian Head Cent Grading Set --- No. 1 1909 Mint Set --- Kittlecoins on Facebook --- Long Beach Table 448