Do you think coin graders make mistakes ?

STEWARTBLAYNUMIS · January 15, 2011 10:05AM

I am talking professional graders at PCGS,NGC and CAC.

Stewart Blay

coinguy1 · January 15, 2011 10:07AM

No, why would you ask a question with such an obvious (correct) answer.

adamlaneus · January 15, 2011 10:07AM

no, never

let's get to stage 2 shall we. please indicate what issue you have. thanks.

RYK · January 15, 2011 10:07AM

Yes, who doesn't make mistakes?

pakasmom · January 15, 2011 10:07AM

Depends. Are they humans?

Justacommeman · January 15, 2011 10:07AM

yes.

100+ or nuke. MJ

coinguy1 · January 15, 2011 10:09AM

<< Depends. Are they humans? >>

From my experience, most (but not all of them) are.

pakasmom · January 15, 2011 10:09AM

Is that an offer to wager, MJ?

ColonialCoinUnion · January 15, 2011 10:11AM

I'm sure this thread is heading somewhere really excellent.

JamesMurray · January 15, 2011 10:11AM

I'd think they must make mistakes occasionally , going by the number of posts about cracking out and resubmitting and didnt one major grader slab chinese fakes ?

ModCrewman · January 15, 2011 10:18AM

<< I'd think they must make mistakes occasionally , going by the number of posts about cracking out and resubmitting and didnt one major grader slab chinese fakes ? >>

And presumably tooled FE cents at some point?

tresgatos · January 15, 2011 10:18AM

Shoot, I'm counting on it.

ChrisRx · January 15, 2011 10:20AM

Did Fonzie jump the shark?

silverpop · January 15, 2011 10:20AM

yes they do make mistakes but after all they are only human

Lakesammman · January 15, 2011 10:20AM

I suspect it's like reading xrays.

You give a good Radiologist 100 xrays and have them read.

Give the same person the same xrays 3 months from now and they will disagree with THEMSELVES 5-10% of the time.

The more experience and knowledge you have, the less variation there tends to be.

earlyAurum · January 15, 2011 10:21AM

Is this a philosophical question?

tradedollarnut · January 15, 2011 10:22AM

I predict they're almostt as infallable as Stewart!

DNADave · January 15, 2011 10:23AM

They made a mistake on the amount of rotation on my rotated reverse Peace Dollar.

FACT

bidask · January 15, 2011 10:24AM

no they are the professionals

ambro51 · January 15, 2011 10:30AM

Of course thats why more than one grader 'grades' the coin.

clw54 · January 15, 2011 10:31AM

They don't make many mistakes because they're the ones who assign the grade. If a coin is 64 one day and 65 a month later, was a mistake made? No, because the coin was 64 the first time and 65 the next.

DennisH · January 15, 2011 10:47AM

Yes; on a daily basis.

Of course, they grade more coins in a day than I do in a month (at least), so daily mistakes are to be expected.

kimber45ACP · January 15, 2011 10:52AM

That is why more than one person looks at each coin. Unless you are referring to a coin that all
graders gave the same grade, and then later an issue arises causing the grade to come into
question. That is when you use the guarantee feature of the grading company.

WTCG · January 15, 2011 10:53AM

Graders are humans. 'Nuff said.

Is the OP throwing a fit over his grading results again? If he is he needs to grow up.

adamlaneus · January 15, 2011 10:53AM

I bet coin graders have nightmares.

For example:
As he holds the coin, it slips out of his hand and drops to the floor. The grader flinches; knowing that he made a mistake. But in doing so, the grader knocks a stapler, telephone and paperweight onto the floor, all of them hitting the coin with an awful ringing thud. Carefully bending down to pick it up, a wheel of the chair rolls over the coin and it is crushed into a fine powder.

Coin grader nightmares must be something.

Justacommeman · January 15, 2011 11:01AM

<< I'm sure this thread is heading somewhere really excellent. >>

It has a classic Stewart thread written all over it.

Lob a stick of dynamite in the forum with a long slow fuse

Let the masses try to figure out what do with it and how to defuse it

After we tucker ourselves out SB will return much later in the thread just as it's about to lose steam to reveal other information or the exact point of the post that would have been useful in the beginning. Adding potential fuel to the thread.

Yes, this thread could be heading someplace special. MJ

Raybo · January 15, 2011 11:03AM

The only mistakes would be on the coins that I happen to purchase.

BAJJERFAN · January 15, 2011 11:18AM

<< The only mistakes would be on the coins that I happen to purchase.

>>

Or the ones that you sell that turn out to be under graded.

raycyca · January 15, 2011 11:48AM

They made mistakes on two of my coins lately when I resubmitted them. Dang fools went up 1 point on one coin, and 1 1/2 points up on the other! I'm sure happy those PCGS graders made 2 mistakes on my part. Perhaps it's because I wrapped a $100 bill around each one. But I didn't use a rubber band so as to leave a mark on the coin. LOL I think PCGS are fantastic at grading and running their company. We all make mistakes, sometimes when we grade our own coins. PCGS also messes up on other things too. Such as wrong insert, wrong spelling, wrong denomination, etc. But they ALWAYS correct their mistakes very professionally. THANKS PCGS! Ray

Teva · January 15, 2011 12:08PM

Theres two aspects to grading one is technical and scientific in nature the other is based in opinion. I don't think they make to many technical mistakes and as for the opinion part I think a grader can be wrong without being considered to have made a mistake??

Hotfootspin · January 15, 2011 12:28PM

Of course, we all make mistakes. Graders only rarely, however.

More often on my coins than on your coins, unfortunately

ColonelJessup · January 15, 2011 12:30PM

I've heard they are consistently overgrading MPLs

Unknown · January 15, 2011 12:44PM

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adamlaneus · January 15, 2011 12:47PM

<< Only when it comes to grading your coins I assume.

.......so what happened ole fella? >>

No no. I'm sure that's all that Stewart had to say.

MrEureka · January 15, 2011 12:48PM

Is the OP throwing a fit over his grading results again? If he is he needs to grow up.

"Growing up" is overrated.

STEWARTBLAYNUMIS · January 15, 2011 1:00PM

I'll be more specific : Has anyone ever got a coin returned as questionable color ? And the coin just came from a fresh roll ?

Has anyone ever got a coin bagged for cleaning when all you have done is dip a coin ?

Has anyone ever seen a coin that was certainly over graded ?

If you had to describe each of the three grading services in political terms what would you say ?

I say PCGS is conservative and NGC is liberal and CAC is Democratic.

Stewart

DennisH · January 15, 2011 1:30PM

<< I'll be more specific : Has anyone ever got a coin returned as questionable color ? And the coin just came from a fresh roll ?

Has anyone ever got a coin bagged for cleaning when all you have done is dip a coin ?

Has anyone ever seen a coin that was certainly over graded ?

If you had to describe each of the three grading services in political terms what would you say ?

I say PCGS is conservative and NGC is liberal and CAC is Democratic.

Stewart >>

No and no. Yes. Yes. President. Speaker of the House. Minority Leader.

robkool · January 15, 2011 1:31PM

I believe coin graders sometimes make mistakes, but not often...

MrEureka · January 15, 2011 1:37PM

I say PCGS is conservative and NGC is liberal

Still?

ecichlid · January 15, 2011 2:08PM

<< I am talking professional graders at PCGS,NGC and CAC.

Stewart Blay >>

If you mean giving out the wrong grade, then the answer is no. Grade is a matter of opinion. If by mistake to they missed tooled coins and such. Yes, just like you have.

Do you expect them to be "mistake free"? Have you made any mistakes in your profession?

BlindedByEgo · January 15, 2011 2:11PM

I'm anxiously awaiting the denouement.

illini420 · January 15, 2011 2:14PM

Sure, haven't you seen some of the mechanical errors that PCGS sends out??? Those are the biggest mistakes I think they make as they could be avoided with some additional quality control.

I remember one dealer showing me a coin he got back from PCGS... it was a key date Indian Cent in an MS holder... too bad the coin was probably an F or maybe a VF on a good day!!!

I recently got back a coin w/ a supposed "mechanical error" as well... not fun!!!

Elcontador · January 15, 2011 4:25PM

It depends on your definition of a 'mistake.'

The powers that be many years ago decided to be far more forgiving of Draped Bust material than its more contemporary coins. Ie., I've seen a good 100 Bust $s which were slabbed in first world holders that would have been in 'genuine' holders if instead, they were Seated $s.

You could argue all day regarding Draped Bust $s re what is an AU 53 versus an AU 55.

Would you call grading a liner coin when one year it's in a 63 holder and the next year it's resubmitted and winds up in a 64 holder a mistake?

Would you call giving an attractively toned coin a one point or more grade bump a mistake? An extreme example of this was an attractively toned flashy 1884 Liberty Nickel in an MS 66 holder which had a hideous rim gouge @ 9:00 on the obverse.

rlarick · January 15, 2011 4:54PM

<< I'll be more specific : Has anyone ever got a coin returned as questionable color ? And the coin just came from a fresh roll ? >>

Could someone tell me where the damage (Code 98) is on this coin?

<< Has anyone ever seen a coin that was certainly over graded ? >>

This one is graded MS64BN

Lots of coins that leave me scratching my head. maybe post more if everyone doesn't start yelling at me.

kurtdog · January 15, 2011 5:22PM

<< Has anyone ever got a coin returned as questionable color? And the coin just came from a fresh roll ? >>

No. But I can understand how that can happen, as it's an entirely pretentious determination.

<< Has anyone ever got a coin bagged for cleaning when all you have done is dip a coin? >>

No. But I can understand how that can happen, too, as it's entirely a judgment call on whether a coin was unacceptably cleaned.

<< Has anyone ever seen a coin that was certainly over graded? >>

No. Reason is, the TPGs don't technical grade, they market grade. That means, in short, what they say goes...

DHeath · January 15, 2011 7:26PM

When I submit something that grades lower than expected, I always rationalize that the TPG must be tight. When they return one in a grade higher than I expect, I wonder if they looked at the coin. The later causes loss of confidence in the TPG, while the former causes lack of confidence in oneself.

BG · January 15, 2011 7:38PM

Back in the day, I've had coins return in BB's. Same coins grade 65 and 66 on next attempt.

Unknown · January 15, 2011 8:15PM

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DaveE · January 15, 2011 8:16PM

Of course they make mistakes-only on your coins Stewart!

PerryHall · January 15, 2011 8:41PM

Don't forget that a grade is an opinion. Can an opinion be wrong?

PerryHall · January 15, 2011 8:45PM

<< Is the OP throwing a fit over his grading results again? >>

That was my first thought. If true, he may just be venting his frustration.

Do you think coin graders make mistakes ?

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