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#1
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My 2009 PCGS adventures [long]
This past spring I joined PCGS as a "gold" member. In the membership
package, besides the password and secret handshake, I got four free submissions, including return shipping, all for $99. Fair enough, since one coin graded at the "regular" rate will set me back $30, plus $8 "per order" fee, plus postage both ways. I saved on the outshipping postage by submitting my four coins at a show where PCGS was set up. Of course, I had seven coins that needed to be graded. Two of the additional ones were indeed a "regular" grading ($30 each + $8 + $20.35 return postage) and the other was a world gold coin ($30 + $8 + $26.75 return postage). The coins had to be on two separate orders, since they represented two kinds of service. Postage is charged at a flat fee for registration, depending on which range the value, as determined by the shipper, falls. So for the three additional coins I was set back $153.10, and I dropped them off at the same time as the first four. More recently I decided to get three coins crossed over from old ANACS holders to PCGS holders. Again, two different orders were necessary, as two were "regular" crossovers and the third was a "variety" crossover. If the variety is not on a certain list, you pay an extra $24 for the "variety" crossover. This coin happened to be an 1869/69 Indian, not a variety that is listed on the official formulary. So along with the three coins, shipped together, but on separate orders, I sent a check for ($30 + $30 + $8 + $20.35) + ($30 + $8 + $24 + $20.35), or $170.70 in all for the three coins. PCGS graded and returned all the coins within the time frame associated with the fees paid, and USPS got all packages to me within one week after they were finished. I was kept informed via email as to the status of the orders. Here are the results: 1858/7 flying eagle cent, ANACS VF30 = PCGS VF30 1869/69 Indian cent, ANACS VF30 = PCGS VF25 1869/69 Snow 3 1867 3c silver, bought raw as MS60 "perhaps" lightly cleaned = PCGS Genuine (this was actually the second time this coin was sent in; the first time it came back bodybagged) 1870 3c silver, ANACS AU50 = PCGS XF45 1830/29 10c, bought raw as VF25 = PCGS VF35 1806/5 25c, bought raw as F12, = PCGS F12 1818/5 25c, bought raw as "Fine or nearly so" = PCGS F15 1828 25c over 50c, bought raw as VG10 = PCGS F12 1930 Danzig 25 Gulden gold, ICG MS65 = PCGS MS64 When I bought this gold coin, I had my choice among 20 examples, all in ICG MS65 holders, but ranging from gorgeous to butt ugly. I picked the nicest of the bunch. They were part of a hoard located and released earlier this century. and now, the pièce de résistance: 1864 3c silver, bought raw as MS60 = PCGS PR61. This last grade flabbergasted both myself and the dealer who had sold it to me, as the coin shows no signs of ever having been struck as a proof. Several weeks ago I reported this outcome in these pages, so I won't go into all that again, but for those who don't know or understand 3c silvers, the PR grade, as opposed to an MS grade, cuts the value of the coin to about 1/3 of what I paid. My outlay for the ten coins came to $422.80, or an average of $42.28 per coin, not counting the $600 bath I took on the 1864 3c silver. This report is anecdotal, not intended to represent what anyone else might experience. Nor should any of this be construed by anyone as complaining on my part. I decided earlier this year to have all my U.S. and world oddments in matching PCGS holders, the only ones I am willing to consider. As far as the grades are concerned, I got what I got, and I went into the various transactions with upfront knowledge of the fee structure. Many here on rcc may not, however. So, my advice is, make sure you know what you are doing before sending coins to be graded, and be prepared for just about anything. Fortunately, I bought all but one of the U.S. coins from a dealer who "almost" always knows what PCGS will have to say about them. James the Gradified (a neologism, not a misspelling) |
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My 2009 PCGS adventures [long]
"Mr. Jaggers" lugburzman[at]yahoo[dot]com wrote in message ... This past spring I joined PCGS as a "gold" member. In the membership package, besides the password and secret handshake, I got four free submissions, including return shipping, all for $99. Fair enough, since one coin graded at the "regular" rate will set me back $30, plus $8 "per order" fee, plus postage both ways. I saved on the outshipping postage by submitting my four coins at a show where PCGS was set up. Of course, I had seven coins that needed to be graded. Two of the additional ones were indeed a "regular" grading ($30 each + $8 + $20.35 return postage) and the other was a world gold coin ($30 + $8 + $26.75 return postage). The coins had to be on two separate orders, since they represented two kinds of service. Postage is charged at a flat fee for registration, depending on which range the value, as determined by the shipper, falls. So for the three additional coins I was set back $153.10, and I dropped them off at the same time as the first four. More recently I decided to get three coins crossed over from old ANACS holders to PCGS holders. Again, two different orders were necessary, as two were "regular" crossovers and the third was a "variety" crossover. If the variety is not on a certain list, you pay an extra $24 for the "variety" crossover. This coin happened to be an 1869/69 Indian, not a variety that is listed on the official formulary. So along with the three coins, shipped together, but on separate orders, I sent a check for ($30 + $30 + $8 + $20.35) + ($30 + $8 + $24 + $20.35), or $170.70 in all for the three coins. PCGS graded and returned all the coins within the time frame associated with the fees paid, and USPS got all packages to me within one week after they were finished. I was kept informed via email as to the status of the orders. Here are the results: 1858/7 flying eagle cent, ANACS VF30 = PCGS VF30 1869/69 Indian cent, ANACS VF30 = PCGS VF25 1869/69 Snow 3 1867 3c silver, bought raw as MS60 "perhaps" lightly cleaned = PCGS Genuine (this was actually the second time this coin was sent in; the first time it came back bodybagged) 1870 3c silver, ANACS AU50 = PCGS XF45 1830/29 10c, bought raw as VF25 = PCGS VF35 1806/5 25c, bought raw as F12, = PCGS F12 1818/5 25c, bought raw as "Fine or nearly so" = PCGS F15 1828 25c over 50c, bought raw as VG10 = PCGS F12 1930 Danzig 25 Gulden gold, ICG MS65 = PCGS MS64 When I bought this gold coin, I had my choice among 20 examples, all in ICG MS65 holders, but ranging from gorgeous to butt ugly. I picked the nicest of the bunch. They were part of a hoard located and released earlier this century. and now, the pièce de résistance: 1864 3c silver, bought raw as MS60 = PCGS PR61. This last grade flabbergasted both myself and the dealer who had sold it to me, as the coin shows no signs of ever having been struck as a proof. Several weeks ago I reported this outcome in these pages, so I won't go into all that again, but for those who don't know or understand 3c silvers, the PR grade, as opposed to an MS grade, cuts the value of the coin to about 1/3 of what I paid. My outlay for the ten coins came to $422.80, or an average of $42.28 per coin, not counting the $600 bath I took on the 1864 3c silver. This report is anecdotal, not intended to represent what anyone else might experience. Nor should any of this be construed by anyone as complaining on my part. I decided earlier this year to have all my U.S. and world oddments in matching PCGS holders, the only ones I am willing to consider. As far as the grades are concerned, I got what I got, and I went into the various transactions with upfront knowledge of the fee structure. Many here on rcc may not, however. So, my advice is, make sure you know what you are doing before sending coins to be graded, and be prepared for just about anything. Fortunately, I bought all but one of the U.S. coins from a dealer who "almost" always knows what PCGS will have to say about them. James the Gradified (a neologism, not a misspelling) Your experience reinforces my notion that it seems to be more cost-effective to buy PCGS-slabbed coins than to submit coins for PCGS grading. This doesn't mean I have stopped biting my lower lip over whether to take out one of those PCGS memberships to get a discount on four specific raw coins I'd LOVE to have graded and slabbed. I can always complain later. |
#3
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My 2009 PCGS adventures [long]
Bruce Remick wrote:
"Mr. Jaggers" lugburzman[at]yahoo[dot]com wrote in message ... This past spring I joined PCGS as a "gold" member. In the membership package, besides the password and secret handshake, I got four free submissions, including return shipping, all for $99. Fair enough, since one coin graded at the "regular" rate will set me back $30, plus $8 "per order" fee, plus postage both ways. I saved on the outshipping postage by submitting my four coins at a show where PCGS was set up. Of course, I had seven coins that needed to be graded. Two of the additional ones were indeed a "regular" grading ($30 each + $8 + $20.35 return postage) and the other was a world gold coin ($30 + $8 + $26.75 return postage). The coins had to be on two separate orders, since they represented two kinds of service. Postage is charged at a flat fee for registration, depending on which range the value, as determined by the shipper, falls. So for the three additional coins I was set back $153.10, and I dropped them off at the same time as the first four. More recently I decided to get three coins crossed over from old ANACS holders to PCGS holders. Again, two different orders were necessary, as two were "regular" crossovers and the third was a "variety" crossover. If the variety is not on a certain list, you pay an extra $24 for the "variety" crossover. This coin happened to be an 1869/69 Indian, not a variety that is listed on the official formulary. So along with the three coins, shipped together, but on separate orders, I sent a check for ($30 + $30 + $8 + $20.35) + ($30 + $8 + $24 + $20.35), or $170.70 in all for the three coins. PCGS graded and returned all the coins within the time frame associated with the fees paid, and USPS got all packages to me within one week after they were finished. I was kept informed via email as to the status of the orders. Here are the results: 1858/7 flying eagle cent, ANACS VF30 = PCGS VF30 1869/69 Indian cent, ANACS VF30 = PCGS VF25 1869/69 Snow 3 1867 3c silver, bought raw as MS60 "perhaps" lightly cleaned = PCGS Genuine (this was actually the second time this coin was sent in; the first time it came back bodybagged) 1870 3c silver, ANACS AU50 = PCGS XF45 1830/29 10c, bought raw as VF25 = PCGS VF35 1806/5 25c, bought raw as F12, = PCGS F12 1818/5 25c, bought raw as "Fine or nearly so" = PCGS F15 1828 25c over 50c, bought raw as VG10 = PCGS F12 1930 Danzig 25 Gulden gold, ICG MS65 = PCGS MS64 When I bought this gold coin, I had my choice among 20 examples, all in ICG MS65 holders, but ranging from gorgeous to butt ugly. I picked the nicest of the bunch. They were part of a hoard located and released earlier this century. and now, the pièce de résistance: 1864 3c silver, bought raw as MS60 = PCGS PR61. This last grade flabbergasted both myself and the dealer who had sold it to me, as the coin shows no signs of ever having been struck as a proof. Several weeks ago I reported this outcome in these pages, so I won't go into all that again, but for those who don't know or understand 3c silvers, the PR grade, as opposed to an MS grade, cuts the value of the coin to about 1/3 of what I paid. My outlay for the ten coins came to $422.80, or an average of $42.28 per coin, not counting the $600 bath I took on the 1864 3c silver. This report is anecdotal, not intended to represent what anyone else might experience. Nor should any of this be construed by anyone as complaining on my part. I decided earlier this year to have all my U.S. and world oddments in matching PCGS holders, the only ones I am willing to consider. As far as the grades are concerned, I got what I got, and I went into the various transactions with upfront knowledge of the fee structure. Many here on rcc may not, however. So, my advice is, make sure you know what you are doing before sending coins to be graded, and be prepared for just about anything. Fortunately, I bought all but one of the U.S. coins from a dealer who "almost" always knows what PCGS will have to say about them. James the Gradified (a neologism, not a misspelling) Your experience reinforces my notion that it seems to be more cost-effective to buy PCGS-slabbed coins than to submit coins for PCGS grading. This doesn't mean I have stopped biting my lower lip over whether to take out one of those PCGS memberships to get a discount on four specific raw coins I'd LOVE to have graded and slabbed. I can always complain later. At this point I have a very short wantlist of U.S. coins, and when I send it out to selected dealers such as Ira, it specifies PCGS only. I'm guessing that your four coins might be early coppers. PCGS will designate Redbook varieties of large cents as part of the $30 fee per each (or use your four free submissions as I did), but if you want Sheldon/Newcomb numbers, you won't be able to use your vouchers. James the Finicky |
#4
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My 2009 PCGS adventures [long]
"Mr. Jaggers" lugburzman[at]yahoo[dot]com wrote in message ... snipped Your experience reinforces my notion that it seems to be more cost-effective to buy PCGS-slabbed coins than to submit coins for PCGS grading. This doesn't mean I have stopped biting my lower lip over whether to take out one of those PCGS memberships to get a discount on four specific raw coins I'd LOVE to have graded and slabbed. I can always complain later. At this point I have a very short wantlist of U.S. coins, and when I send it out to selected dealers such as Ira, it specifies PCGS only. I'm guessing that your four coins might be early coppers. PCGS will designate Redbook varieties of large cents as part of the $30 fee per each (or use your four free submissions as I did), but if you want Sheldon/Newcomb numbers, you won't be able to use your vouchers. James the Finicky You're right. I do favor big coppers, but I refuse to maintain any of them in corporate holders and have broken several out of PCGS slabs to join their brothers and sisters in my collection. To be completely honest though, I keep them in Amos Advantage holders with my own printed labels containing the variety, N & S numbers, and my own grade. This way they look better than they did in 2x2's and I can easily pry a slab apart to examine or handle a coin. Two of the coins I want to have graded are sort of early coppers-- 1900's Indian Head cents. They are as brilliant red as 2009 Lincolns with natural lustre and minimal marks. I would hope that at least one of them would rate an MS65RD, and if so, would earn a spot in my 20th century type collection. I keep this collection in PCGS slabs. |
#5
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My 2009 PCGS adventures [long]
On Aug 24, 8:18*pm, "Mr. Jaggers" lugburzman[at]yahoo[dot]com wrote:
Bruce Remick wrote: "Mr. Jaggers" lugburzman[at]yahoo[dot]com wrote in message ... This past spring I joined PCGS as a "gold" member. *In the membership package, besides the password and secret handshake, I got four free submissions, including return shipping, all for $99. *Fair enough, since one coin graded at the "regular" rate will set me back $30, plus $8 "per order" fee, plus postage both ways. *I saved on the outshipping postage by submitting my four coins at a show where PCGS was set up. Of course, I had seven coins that needed to be graded. *Two of the additional ones were indeed *a "regular" grading ($30 each + $8 + $20.35 return postage) and the other was a world gold coin ($30 + $8 + $26.75 return postage). *The coins had to be on two separate orders, since they represented two kinds of service. *Postage is charged at a flat fee for registration, depending on which range the value, as determined by the shipper, falls. *So for the three additional coins I was set back $153.10, and I dropped them off at the same time as the first four. More recently I decided to get three coins crossed over from old ANACS holders to PCGS holders. *Again, two different orders were necessary, as two were "regular" crossovers and the third was a "variety" crossover. *If the variety is not on a certain list, you pay an extra $24 for the "variety" crossover. *This coin happened to be an 1869/69 Indian, not a variety that is listed on the official formulary. So along with the three coins, shipped together, but on separate orders, I sent a check for ($30 + $30 + $8 + $20.35) + ($30 + $8 + $24 + $20.35), or $170.70 in all for the three coins. PCGS graded and returned all the coins within the time frame associated with the fees paid, and USPS got all packages to me within one week after they were finished. *I was kept informed via email as to the status of the orders. Here are the results: 1858/7 flying eagle cent, ANACS VF30 = PCGS VF30 1869/69 Indian cent, ANACS VF30 = PCGS VF25 1869/69 Snow 3 1867 3c silver, bought raw as MS60 "perhaps" lightly cleaned = PCGS Genuine (this was actually the second time this coin was sent in; the first time it came back bodybagged) 1870 3c silver, ANACS AU50 = PCGS XF45 1830/29 10c, bought raw as VF25 = PCGS VF35 1806/5 25c, bought raw as F12, = PCGS F12 1818/5 25c, bought raw as "Fine or nearly so" = PCGS F15 1828 25c over 50c, bought raw as VG10 = PCGS F12 1930 Danzig 25 Gulden gold, ICG MS65 = PCGS MS64 When I bought this gold coin, I had my choice among 20 examples, all in ICG MS65 holders, but ranging from gorgeous to butt ugly. *I picked the nicest of the bunch. *They were part of a hoard located and released earlier this century. and now, the pièce de résistance: 1864 3c silver, bought raw as MS60 = PCGS PR61. This last grade flabbergasted both myself and the dealer who had sold it to me, as the coin shows no signs of ever having been struck as a proof. Several weeks ago I reported this outcome in these pages, so I won't go into all that again, but for those who don't know or understand 3c silvers, the PR grade, as opposed to an MS grade, cuts the value of the coin to about 1/3 of what I paid. My outlay for the ten coins came to $422.80, or an average of $42.28 per coin, not counting the $600 bath I took on the 1864 3c silver. This report is anecdotal, not intended to represent what anyone else might experience. *Nor should any of this be construed by anyone as complaining on my part. *I decided earlier this year to have all my U.S. and world oddments in matching PCGS holders, the only ones I am willing to consider. As far as the grades are concerned, I got what I got, and I went into the various transactions with upfront knowledge of the fee structure. *Many here on rcc may not, however. So, my advice is, make sure you know what you are doing before sending coins to be graded, and be prepared for just about anything. Fortunately, I bought all but one of the U.S. coins from a dealer who "almost" always knows what PCGS will have to say about them. James the Gradified (a neologism, not a misspelling) Your experience reinforces my notion that it seems to be more cost-effective to buy PCGS-slabbed coins than to submit coins for PCGS grading. *This doesn't mean I have stopped biting my lower lip over whether to take out one of those PCGS memberships to get a discount on four specific raw coins I'd LOVE to have graded and slabbed. *I can always complain later. At this point I have a very short wantlist of U.S. coins, and when I send it out to selected dealers such as Ira, it specifies PCGS only. I'm guessing that your four coins might be early coppers. *PCGS will designate Redbook varieties of large cents as part of the $30 fee per each (or use your four free submissions as I did), but if you want Sheldon/Newcomb numbers, you won't be able to use your vouchers. James the Finicky- Hide quoted text - - Show quoted text - Sent a 1923S Standing liberty quarter through my local coin shop for $95 to be graded, thought it might make MS64; they warned me it may come back "genuine" because it may have been cleaned, They were correct!! Next time I'll take their advice. Most of the cost was shipping and insurance. |
#6
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My 2009 PCGS adventures [long]
James Rose wrote:
On Aug 24, 8:18 pm, "Mr. Jaggers" lugburzman[at]yahoo[dot]com wrote: Bruce Remick wrote: "Mr. Jaggers" lugburzman[at]yahoo[dot]com wrote in message ... This past spring I joined PCGS as a "gold" member. In the membership package, besides the password and secret handshake, I got four free submissions, including return shipping, all for $99. Fair enough, since one coin graded at the "regular" rate will set me back $30, plus $8 "per order" fee, plus postage both ways. I saved on the outshipping postage by submitting my four coins at a show where PCGS was set up. Of course, I had seven coins that needed to be graded. Two of the additional ones were indeed a "regular" grading ($30 each + $8 + $20.35 return postage) and the other was a world gold coin ($30 + $8 + $26.75 return postage). The coins had to be on two separate orders, since they represented two kinds of service. Postage is charged at a flat fee for registration, depending on which range the value, as determined by the shipper, falls. So for the three additional coins I was set back $153.10, and I dropped them off at the same time as the first four. More recently I decided to get three coins crossed over from old ANACS holders to PCGS holders. Again, two different orders were necessary, as two were "regular" crossovers and the third was a "variety" crossover. If the variety is not on a certain list, you pay an extra $24 for the "variety" crossover. This coin happened to be an 1869/69 Indian, not a variety that is listed on the official formulary. So along with the three coins, shipped together, but on separate orders, I sent a check for ($30 + $30 + $8 + $20.35) + ($30 + $8 + $24 + $20.35), or $170.70 in all for the three coins. PCGS graded and returned all the coins within the time frame associated with the fees paid, and USPS got all packages to me within one week after they were finished. I was kept informed via email as to the status of the orders. Here are the results: 1858/7 flying eagle cent, ANACS VF30 = PCGS VF30 1869/69 Indian cent, ANACS VF30 = PCGS VF25 1869/69 Snow 3 1867 3c silver, bought raw as MS60 "perhaps" lightly cleaned = PCGS Genuine (this was actually the second time this coin was sent in; the first time it came back bodybagged) 1870 3c silver, ANACS AU50 = PCGS XF45 1830/29 10c, bought raw as VF25 = PCGS VF35 1806/5 25c, bought raw as F12, = PCGS F12 1818/5 25c, bought raw as "Fine or nearly so" = PCGS F15 1828 25c over 50c, bought raw as VG10 = PCGS F12 1930 Danzig 25 Gulden gold, ICG MS65 = PCGS MS64 When I bought this gold coin, I had my choice among 20 examples, all in ICG MS65 holders, but ranging from gorgeous to butt ugly. I picked the nicest of the bunch. They were part of a hoard located and released earlier this century. and now, the pièce de résistance: 1864 3c silver, bought raw as MS60 = PCGS PR61. This last grade flabbergasted both myself and the dealer who had sold it to me, as the coin shows no signs of ever having been struck as a proof. Several weeks ago I reported this outcome in these pages, so I won't go into all that again, but for those who don't know or understand 3c silvers, the PR grade, as opposed to an MS grade, cuts the value of the coin to about 1/3 of what I paid. My outlay for the ten coins came to $422.80, or an average of $42.28 per coin, not counting the $600 bath I took on the 1864 3c silver. This report is anecdotal, not intended to represent what anyone else might experience. Nor should any of this be construed by anyone as complaining on my part. I decided earlier this year to have all my U.S. and world oddments in matching PCGS holders, the only ones I am willing to consider. As far as the grades are concerned, I got what I got, and I went into the various transactions with upfront knowledge of the fee structure. Many here on rcc may not, however. So, my advice is, make sure you know what you are doing before sending coins to be graded, and be prepared for just about anything. Fortunately, I bought all but one of the U.S. coins from a dealer who "almost" always knows what PCGS will have to say about them. James the Gradified (a neologism, not a misspelling) Your experience reinforces my notion that it seems to be more cost-effective to buy PCGS-slabbed coins than to submit coins for PCGS grading. This doesn't mean I have stopped biting my lower lip over whether to take out one of those PCGS memberships to get a discount on four specific raw coins I'd LOVE to have graded and slabbed. I can always complain later. At this point I have a very short wantlist of U.S. coins, and when I send it out to selected dealers such as Ira, it specifies PCGS only. I'm guessing that your four coins might be early coppers. PCGS will designate Redbook varieties of large cents as part of the $30 fee per each (or use your four free submissions as I did), but if you want Sheldon/Newcomb numbers, you won't be able to use your vouchers. James the Finicky- Hide quoted text - - Show quoted text - Sent a 1923S Standing liberty quarter through my local coin shop for $95 to be graded, thought it might make MS64; they warned me it may come back "genuine" because it may have been cleaned, They were correct!! Next time I'll take their advice. Most of the cost was shipping and insurance. On the other hand, where 1923-S quarters are concerned, it's comforting these days just to know that yours is indeed "genuine." James |
#7
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My 2009 PCGS adventures [long]
If I remember correctly, there are several years in this series where isuues
were mainly struck in proof for the collector market and only a small number of circulation strikes, making the circulation strike the rarer. Dealers were warned that some coin doctors tried to fix up the more common date "circulation" strike by treating proofs to appear to be the rarer circulation counterparts. How this was done was never specified, but sounded to be a common scam at the time. Did they point out any diagnostics that they used to conclude yours was a proof? Just curious. "Mr. Jaggers" lugburzman[at]yahoo[dot]com wrote in message ... A lot of snippage..... and now, the pièce de résistance: 1864 3c silver, bought raw as MS60 = PCGS PR61. This last grade flabbergasted both myself and the dealer who had sold it to me, as the coin shows no signs of ever having been struck as a proof. Several weeks ago I reported this outcome in these pages, so I won't go into all that again, but for those who don't know or understand 3c silvers, the PR grade, as opposed to an MS grade, cuts the value of the coin to about 1/3 of what I paid. My outlay for the ten coins came to $422.80, or an average of $42.28 per coin, not counting the $600 bath I took on the 1864 3c silver. This report is anecdotal, not intended to represent what anyone else might experience. Nor should any of this be construed by anyone as complaining on my part. I decided earlier this year to have all my U.S. and world oddments in matching PCGS holders, the only ones I am willing to consider. As far as the grades are concerned, I got what I got, and I went into the various transactions with upfront knowledge of the fee structure. Many here on rcc may not, however. So, my advice is, make sure you know what you are doing before sending coins to be graded, and be prepared for just about anything. Fortunately, I bought all but one of the U.S. coins from a dealer who "almost" always knows what PCGS will have to say about them. James the Gradified (a neologism, not a misspelling) |
#8
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My 2009 PCGS adventures [long]
oepepper wrote:
If I remember correctly, there are several years in this series where isuues were mainly struck in proof for the collector market and only a small number of circulation strikes, making the circulation strike the rarer. Dealers were warned that some coin doctors tried to fix up the more common date "circulation" strike by treating proofs to appear to be the rarer circulation counterparts. How this was done was never specified, but sounded to be a common scam at the time. Did they point out any diagnostics that they used to conclude yours was a proof? Just curious. Not for $30, they didn't. If I checked, I would probably find out that the coin had been struck from dies originally used to make proofs, and that's what they go by. The pickup points for making this call are discussed in the two Breen books, but I haven't yet made the effort to assemble books, coin, light, magnifier, and a block of time for the study. From 1863 until 1873 the total mintages of 3c silvers were mightily reduced, but circulation strikes still outnumbered proof strikes significantly. The relative scarcity of the circ strikes is due to the fact that the proofs were sold at a premium and left the mint, whereas the circ strikes were made and then mostly warehoused by the mint, only to be melted en masse in 1873. Why they were minted at all remains a mystery. James |
#9
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My 2009 PCGS adventures [long]
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#10
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My 2009 PCGS adventures [long]
don't look wrote:
For your Genuine 3C Silver here is PCGS "code" for problem coins. http://www.pcgs.com/grades.chtml Mine got a "92" but is by no stretch of the imagination the result of a "harsh, abrasive cleaning." I've seen harsh, and it ain't pretty. At least they had the good sense to let me know it is a business strike and not a proof, which is more what I was after anyway. It's also big of them to now slab the coin instead of pocketing my $30 and sending the coin back to me raw, as they did until very recently. James |
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