Oh why did I ever buy so many PCI coins..

airedale · October 13, 2008 11:51AM

... they are so hard to give away now!

coinkid855 · October 13, 2008 11:52AM

I'll take them!

-Paul

commoncents05 · October 13, 2008 11:53AM

I have had good luck with PCI graded coins actually.

-Paul

jgrinz · October 13, 2008 12:00PM

They have NO CLUE when it comes to Morgans ...

blu62vette · October 13, 2008 12:21PM

gold ones = bad

green ones = not so bad

NHSBaseball · October 13, 2008 12:24PM

Cross at any grade...

TwoSides2aCoin · October 13, 2008 12:48PM

There are great coins in stranger places.

Frankcoins · October 13, 2008 1:16PM

<< I have had good luck with PCI graded coins actually.

-Paul >>

I don't think I have seen one in the green slabs with the original font that wouldn't cross or upgrade. We found some VERY nice ones at the Grapevine, TX show

Of course, the Koolaid drinkers will try and tell you THIS is a better coin...

dan8402 · October 13, 2008 1:28PM

<< ... they are so hard to give away now! >>

I doubt you would have that problem here. A lot of people don't care about the holder.

Boom · October 13, 2008 4:24PM

I've always collected coins, not plastic and certainly not "labels" (inserts)!

As such, I've methodically found many cherries in older PCI holders -
and others as well. Blind hogs DO find acorns every now & then!

It's not so easy anymore. Nowadays, what I see in some "plastic" is
utterly ridiculous! I mean - REALLY ridiculous - as in trying to take
advantage of newcomers that just do not know any better!

We've all seen them!

To be a good Cherrypicker takes time and a really good eye!

PCGS may NOT be "perfect" but there IS a reason why they are #1.

seatedcoins · October 13, 2008 4:39PM

Some are correctly graded by PCGS standards and a few here and there undergraded

Boom · October 13, 2008 5:39PM

I feel for you airedale.
Sorry, I seem to have misread or misininterpreted your OP.

Many collectors have fallen victim to such businesses.

I'd be happy to evaluate what you actually DO have &
what can be done to try to help you, any way I can.

* No strings attached!.

Offer stands, anytime -

Good Luck,

BOOM ~

291fifth · October 13, 2008 6:01PM

Just why are they "hard to give away?"

Are the coins improperly graded? Why aren't they selling?

Why not just describe them at what you think the proper grade is, price them accordingly, and watch them sell.

Unless they are expensive coins don't get into the very costly crackout/crossover game.

BillJones · October 13, 2008 9:52PM

PCI graded coins have been all over map. In the early days there were some properly graded and even some under graded coins in PCI holders. The trouble is YOU had to know how to grade coins so that you could pick out the right pieces. In later years, when the company was playing musical owners, the coins were almost uniformally over graded. The brand name became known as one of the worst offenders in the "third world slab market."

I think I know what you mean when you say you can't "give them away." You can't get good prices for coins in PCI holders. They are like raw coins. Only coins that have been slabbed by PCGS or NGC are in the position to get the best prices. Even the experienced graders have to discount their buying prices for the cost of slabbing and add a risk factor for those times when a coin does not get the grade you think it deserves.

For all of these reasons it is best to buy the coin in the holder you want from the get-go. Don'd depend upon cross-overs to get to where you want to be.

ziggy29 · October 13, 2008 10:00PM

<< For all of these reasons it is best to buy the coin in the holder you want from the get-go. Don'd depend upon cross-overs to get to where you want to be. >>

Agreed. If the holder is more important to someone than the coin, just buy the dang holder.

coindeuce · October 14, 2008 12:06AM

Methinks someone here who believes in the technical DMPL criteria from PCI and NGC has been nipping on some KoolAid.

SeattleSlammer · October 14, 2008 7:38AM

Frank, I think both your PCI and NGC coins are attractive, but neither would cross to PCGS at 63DMPL. Maybe PL, but not DMPL.

CoinKing1969 · October 14, 2008 10:00AM

I have most PCI Morgans that I broke personally and usually get back about one grade less on average from PCGS. Most of my PCI MS66 come back MS65.

airedale · July 10, 2009 1:56PM

<< I feel for you airedale.
Sorry, I seem to have misread or misininterpreted your OP.

Many collectors have fallen victim to such businesses.

I'd be happy to evaluate what you actually DO have &
what can be done to try to help you, any way I can.

* No strings attached!.

Offer stands, anytime -

Good Luck,

BOOM ~ >>

Thanks BOOM for this generous offer. Some years I had the opportunity to cherry pick over 700 PCI coins and likely ended up with about 300 of the highest graded/quality ones. Some MS/PR 70's were obviously not but others looked " perfect to me and think I have a good eye and I was not trying to kid myself. These fill safety deposit boxes in a local bank now, what would be the best way to get them evaluated? Thanks for the kind offer and words.

notwilight · July 10, 2009 2:10PM

<< 

<< I have had good luck with PCI graded coins actually.

-Paul >>

I don't think I have seen one in the green slabs with the original font that wouldn't cross or upgrade. We found some VERY nice ones at the Grapevine, TX show

>>

Is this the "original font" you refer to?

Southcounty · July 10, 2009 3:52PM

I bought quite a few of the old PCI morgans in the mid to late 90s if my time line is correct. I always liked them ok, especially when they had a percentage listing for toned or white. I think it is funny now that some of my coins that say 100% white have turned some interesting almost rust like color around the rims since then.

lordmarcovan · July 10, 2009 4:03PM

Yeah, gimme your old greenie PCIs- I have done very well with those.

Keep the gold ones.

pocketpiececommems · July 10, 2009 7:38PM

The plastic on the PCI holders that I have seem to be less scratch resistant than PCGS. Maybe it's the design?

dragon · July 10, 2009 9:36PM

IMO the old first generation PCI green tag holders as well as Hallmark were 2 of the best grading services ever, and I would eagerly buy coins of my liking in either one of those holders at the stated grade in a heartbeat.

MMR · July 10, 2009 11:01PM

I like PCI coins. In my view they are mostly on par with ANACS holdered pieces. I wish eBay would have not banned them!

astrorat · July 10, 2009 11:06PM

<< 

<< 

<< I have had good luck with PCI graded coins actually.

-Paul >>

I don't think I have seen one in the green slabs with the original font that wouldn't cross or upgrade. We found some VERY nice ones at the Grapevine, TX show

>>

Is this the "original font" you refer to? >>

Rather than trying to memorize what a font looks like, just remember that the "most accurately" graded PCI coins are in the old green label holders with the 10 digit serial number...not the 9 or 14 digit, but the 10 digit.

Lane

segoja · July 10, 2009 11:09PM

Where yo buying holders or coins?

Halfhunter06 · July 10, 2009 11:21PM

As long as YOU agree with the grade and show them to freinds for a 2nd opinion buying a PCI coinis fine. If you really want to sell it crack it out and send it to one of the big 2 TPG companies.

joecopper · July 11, 2009 12:10AM

I have bought two PCI coins - Shield Nickel and 1877 IHC. I cannot remeber grade of Shield but when sold it, it did well - I flet that it was undergraded when I bought it. I still have the 77 - was in a 35 holder but a solid 30. I cracked it out like most all my coins. I am pretty sure that they were green holders.

garsmith · July 11, 2009 12:17AM

Have you tried selling them here on the BST's

airedale · July 11, 2009 11:13AM

Is there a grading company that will charge only for the crossovers and upgrades. I really believe that a lot of ASE beauties I looked at are MS/PR 70 and the rest are high grade 67+coins. The slightest flaw would rule ASE's out of the 70 class. One thing that I did not realize PCI is that they have a 3 tier cameo process. Cameos would equal weak cameo at a big house, Deep Cameo would equal a cameo coin at the major housed and Ultra Cameo would equal a DC at PCGS and Ultra Cameo at NGC, Would an auction house do that for me at no charge. Any help is appreciated, thank You.

AUandAG · July 11, 2009 1:10PM

This one has a chance at upgrading and surely won't downgrade:

Bochiman · July 11, 2009 1:20PM

<< Is there a grading company that will charge only for the crossovers and upgrades. I really believe that a lot of ASE beauties I looked at are MS/PR 70 and the rest are high grade 67+coins. The slightest flaw would rule ASE's out of the 70 class. One thing that I did not realize PCI is that they have a 3 tier cameo process. Cameos would equal weak cameo at a big house, Deep Cameo would equal a cameo coin at the major housed and Ultra Cameo would equal a DC at PCGS and Ultra Cameo at NGC, Would an auction house do that for me at no charge. Any help is appreciated, thank You. >>

70s won't cross at either "big 2" reputable companies as a matter of design (ie....a 70 carries a nice premium and potential hit on their guarantees, so they need to see the ENTIRE coin raw in order to make their judgement). You would have to crack them out and hope they grade "new" as a 70.

If you have PCI SAEs that are toning, feel free to give me a PM and I can try to help you as well (I know toned SAEs a little bit

)