PCGS Grade Guarantee to Steel Cents question... GRADE GUARANTEE RESULTS!! :)
Tdec1000
Posts: 3,851 ✭✭✭
UPDATE FOLKS!! PCGS has made me whole!! The coins are being bought back! I got a value worth more than I expected from them and I am very pleased. Don, HRH and Crew showed once again why I buy and sell PCGS coins and why I submit to them!!
I recently got a lot of 4 PCGS 1943 D and S Lincolns... 2 of each. They 66 and 67 respectully 2 each. They all have spots/corrosion and have turned in the holders. Would PCGS give the grade guarantee on these coins. I know zinc cents are very reactive but I am sure that they were pristine when they were originally holdered.
What should I do.
Tom
I recently got a lot of 4 PCGS 1943 D and S Lincolns... 2 of each. They 66 and 67 respectully 2 each. They all have spots/corrosion and have turned in the holders. Would PCGS give the grade guarantee on these coins. I know zinc cents are very reactive but I am sure that they were pristine when they were originally holdered.
What should I do.
Tom
Awarded the coveted "You Suck" Award on 22 Oct 2010 for finding a 1942/1 D Dime in silver, and on 7 Feb 2011 Cherrypicking a 1914 MPL Cent on Ebay!
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Comments
-Paul
If they say the grade still is valid, they won't do anything but tell you that (and charge you for sending them in)
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
Tom
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<< <i>and they also have "spot review" >>
....yeah, but do they have 'spots on steel' review?
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>They're not copper. >>
No, but they are covered with zinc and made of non-stainless steel, which given improper storegage is equally unstable.
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<< <i>Should the grade guarantee be lifted on Steel coins? >>
No. PCGS did the right thing.
<< <i>In this case the spots on ms66 and ms 67 coins wern't there when originally submitted. They turned in the holder and were like that when I purchased them. They are steel cents and not copper. It is not like it was a designation issue red to rb or rb to brn. They needed to be removed from the marketplace. >>
I realize, but they are only zinc coated steel and they are from the 40s. It's not like they cared if they lasted until the 2040s. Sometimes even the good looking ones develop a rash.