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#21
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Current opinion on grading/slabbing?
On Sat, 06 Apr 2013 01:12:38 -0700, oly wrote:
I hope I avoided too many spelling errors here... It is your penmenship that ****es me off... Ruben -- http://www.coinhangout.com/cgi-bin/Y...?action=recent |
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#22
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Current opinion on grading/slabbing?
On Apr 7, 1:50*am, ruben safir wrote:
On Sat, 06 Apr 2013 01:12:38 -0700, oly wrote: I hope I avoided too many spelling errors here... It is your penmenship that ****es me off... Ruben --http://www.coinhangout.com/cgi-bin/YaBB.pl?action=recent Oooh, have I done any damage to your $175 worth of slabbed coins??? I certainly hope so. But we could probably actually agree that a "70" is (or was) only a kind of theoretical construct, thought up by one of the great science quacks (and numismatic quacks) of the 20th century... oly |
#23
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Current opinion on grading/slabbing?
On Sun, 07 Apr 2013 05:23:17 -0700, oly wrote:
Oooh, have I done any damage to your $175 worth of slabbed coins??? I certainly hope so. I'll let you know if you ever bother me. -- The Coin Hangout: http://www.coinhangout.com/home |
#24
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Current opinion on grading/slabbing?
On Apr 7, 9:22*am, ruben safir wrote:
On Sun, 07 Apr 2013 05:23:17 -0700, oly wrote: Oooh, have I done any damage to your $175 worth of slabbed coins??? *I certainly hope so. I'll let you know if you ever bother me. -- The Coin Hangout:http://www.coinhangout.com/home You are probably one of the most visible persons that I've ever found on the internet. Actually, it's silly to let the whole world know that much about you. oly |
#25
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Current opinion on grading/slabbing?
On Sun, 07 Apr 2013 07:26:34 -0700, oly wrote:
You are probably one of the most visible persons that I've ever found on the internet. Actually, it's silly to let the whole world know that much about you. Yes - that is true. And before that on Compuserve. And before that at the Park in Canarsie. I don't see why it is silly. Nobody gives a damn anyway. At least you know your talking to a real person. I've made a lot of friends over the years, and ticked others off... so what? Ruben |
#26
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Current opinion on grading/slabbing?
Is a "70" really worth 3 to 20 times as much as a "69"? Since a "70"
is either "perfect" or "as struck" or "no visible flaws under 5x magnification" -- I think a hand-selected "69" or original raw coin is a much better value. And PCGS is CHANGING their guarantee on modern silver coins...When an MS70 2002 Silver Eagle, for example, that was graded MS70 and supposedly worth $2000 develops spots or haze after grading, PCGS would regrade it -- perhaps MS68 -- and pay the owner the difference in value ...$1970 -- as MS68 is listed at $30. Obviously these are ticking time bombs, as PCGS has graded $27 billion worth of coins, but they have no insurance, no segregated reserve funds -- they simply pay losses out of current cash flow. and their parent company's $99 million market capitalization could quicky vanish with an extended run of claims. So let's see how "70s" will hold their value when PCGS quits downgrading spotted coins -- and will let the "market" decide how to value "perfect 70s" "spotted 70s" and "tried to clean it but it didn't work, so we are putting it back in a 70 slab" PCGS Modern Silver Coin Spot Policy When initially grading modern silver issues, PCGS will deduct for spots that are already evident. If coins spot after they are graded by PCGS, they are not covered by the terms of the PCGS grading guarantee. If you would like us to try to remove spots from your coins by "dipping" them, we may be able to do that. It is our experience that spots on proof Silver Eagles can be removed in about 80% of the cases, but spots on Mint State Silver Eagles will only come off approximately 10% to 25% of the time. We launched a Restoration Service on January 2, 2013 and for a fee (grading fee plus 4% of the value) we will remove spots, unattractive toning and other imperfections. However, this fee would be excessive for most modern silver issues so as a service to our customers, we will have a spot removal service for modern silver coins available beginning April 1, 2013. We are only charging a flat fee of $5 for spot removal on modern silver coins. Note that we cannot guarantee whether our spot removal attempt will be successful. If the spots do not come out, we will still reholder you coin in its original grade. It will just be a spotted coin of that grade. We anticipate that a two tier market (spot-free and spotted) will develop, much as it has in the past 10 years or so in the U.S. generic gold market. For further information about our spot removal service, contact PCGS Customer Service after April 1, 2013. |
#27
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Current opinion on grading/slabbing?
On Apr 9, 2:37*am, Frank Provasek wrote:
Is a "70" really worth 3 to 20 times as much as a "69"? *Since a "70" is either "perfect" or "as struck" or "no visible flaws under 5x magnification" *-- I think a hand-selected "69" or original raw coin is a much better value. And PCGS is CHANGING their guarantee on modern silver coins...When an MS70 2002 Silver Eagle, for example, that was graded MS70 and supposedly worth $2000 develops spots or haze after grading, PCGS would regrade it -- perhaps MS68 *-- and pay the owner the difference in value ...$1970 -- as MS68 is listed at $30. Obviously these are ticking time bombs, as PCGS has graded $27 billion worth of coins, but they *have no insurance, no segregated reserve funds -- they simply pay losses out of current cash *flow. and their parent company's $99 million market capitalization *could quicky vanish with an extended run of claims. So let's see how "70s" *will hold their value when PCGS quits downgrading spotted coins -- *and will let the "market" decide how to value "perfect 70s" *"spotted 70s" and "tried to clean it but it didn't work, so we are putting it back in a 70 slab" PCGS Modern Silver Coin Spot Policy When initially grading modern silver issues, PCGS will deduct for spots that are already evident. If coins spot after they are graded by PCGS, they are not covered by the terms of the PCGS grading guarantee. If you would like us to try to remove spots from your coins by "dipping" them, we may be able to do that. It is our experience that spots on proof Silver Eagles can be removed in about 80% of the cases, but spots on Mint State Silver Eagles will only come off approximately 10% to 25% of the time. We launched a Restoration Service on January 2, 2013 and for a fee (grading fee plus 4% of the value) we will remove spots, unattractive toning and other imperfections. However, this fee would be excessive for most modern silver issues so as a service to our customers, we will have a spot removal service for modern silver coins available beginning April 1, 2013. We are only charging a flat fee of $5 for spot removal on modern silver coins. Note that we cannot guarantee whether our spot removal attempt will be successful. If the spots do not come out, we will still reholder you coin in its original grade. It will just be a spotted coin of that grade. We anticipate that a two tier market (spot-free and spotted) will develop, much as it has in the past 10 years or so in the U.S. generic gold market. For further information about our spot removal service, contact PCGS Customer Service after April 1, 2013. Your example of the $2000 MS "70" 2002 American Silver Eagle and the $30 MS "68" ASE coin of the same date is the best argument for the unreality of all this. Again (not talking about spotted coins here), most people couldn't tell the difference between an ASE or Libertad "70" and a "69" and most likely a "68" if the labels were covered up. Yes, there are a lot of stupid people in this world, but the number of stupid people with $2000 to spend on any coin at all is really really limited. The number of stupid people with $150 to spend on any coin is also very very limited. The U.S. economy hits another bad patch, this stuff becomes totally illiquid really quick. And those "hard times" don't even have to happen for the speculators/promoters to simply move on to another product and another bunch of "marks". oly |
#28
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Current opinion on grading/slabbing?
http://www.ebay.com/csc/i.html?_udlo...Sold=1&rt= nc Very much more than bullion costs Over US $130.00 2007 Silver American Eagle PCGS MS70 Bullion Low Pop Registry No "W" Rare Apr-08 09:39 $199.00 Best offer accepted 2007 american silver eagle PCGS MS 70 rare low pop of 603 free lucky pouch Apr-06 18:13 $276.00 Best offer accepted 2007 AMERICAN SILVER EAGLE $1 MS 70 PCGS JOHN M. MERCANTI SIGNATURE Apr-05 19:02 $175.00 Buy It Now 2007 Silver American Eagle PCGS MS70 Bullion Low Pop Registry No "W" Rare Apr-05 04:40 $199.00 Best offer accepted 2007 Silver American Eagle PCGS MS70 Bullion Low Pop Registry No "W" Rare Mar-26 04:26 $199.00 Best offer accepted 2007 AMERICAN SILVER EAGLE $1 MS 70 PCGS JOHN M. MERCANTI SIGNATURE Mar-25 19:00 $170.50 5 bids 2007 W, 2008 W, 2011 W, & 2012 W BURNISHED SILVER EAGLE'S PCGS MS70 FIRST STRIKE Mar-24 20:05 $550.00 1 bid 2008-W $1 SILVER EAGLE, REVERSE OF 2007 FIRST STRIKE PCGS MS70 ULTRA RARE!!!!!!! Mar-12 10:37 $2,412.00 34 bids 2007-W SILVER EAGLE PCGS MS 70 FIRST STRIKE!!!!! Nice Coin!!! Mar-07 12:16 $130.00 Buy It Now 2007 american silver eagle PCGS MS 70 rare low pop of 532 free lucky pouch Mar-06 08:25 $288.00 Best offer accepted 2007 silver eagle PCGS MS 70 rare low pop of 532 free lucky pouch Mar-04 06:44 $250.00 Best offer accepted 2006W,2007W, 2008W Burnished Silver Eagles "W" ALL PCGS MS70 Mar-03 18:00 $859.95 1 bid 2007 silver eagle PCGS MS 70 rare low pop of 532 free lucky pouch Mar-01 04:03 $196.00 Best offer accepted 2007 2008 P Australia Perth Silver Lunar Rat Mouse PCGS MS 70 1 OZ 1 Dollar Feb-26 04:56 $179.00 Best offer accepted 2008-W PCGS - MS70 REVERSE OF 2007 SILVER EAGLE PCGS MS-70 Hard to find in PCGS Feb-25 18:49 $1,425.00 1 bid 2008 W Reverse of 2007 American Silver Eagle PCGS MS 70 PERFECT COIN MS70 OGP Feb-18 21:27 $1,534.99 20 bids 2007 Silver American Eagle PCGS MS70 Bullion Low Pop Registry No "W" Rare Feb-17 20:32 $199.00 Best offer accepted 2007 First Strike Silver Eagle PCGS MS70 LOW POP AND RARE for this Grade no W Feb-17 16:43 $1,750.00 1 bid 2007-W $1 AMERICAN SILVER EAGLE "FIRST STRIKE" PCGS MS70 ~ WOW! NICE! FLASHY! Feb-14 18:05 $130.38 9 bids (4) 2007-W PCGS MS70 SILVER EAGLE DOLLAR Feb-14 11:31 $325.00 Buy It Now 2007 $1 AUSTRALIA KOOKABURRA 1 Oz. SILVER BULLION COIN PCGS MS70 Feb-10 21:35 $245.00 Buy It Now 2007 silver eagle PCGS MS 70 rare low pop of 532 free lucky pouch Feb-10 20:01 $196.00 Best offer accepted 2007 Silver American Eagle PCGS MS70 Bullion Low Pop Registry No "W" Rare Feb-08 10:06 $199.00 Best offer accepted 2007 Silver American Eagle PCGS MS70 *hucky* Feb-05 08:51 $141.00 13 bids 2008 W Reverse of 2007 MS70 Silver Eagle PCGS MS 70 First Strike Feb-03 14:52 $1,826.00 21 bids 2007 Silver American Eagle PCGS MS70 Bullion Low Pop Registry No "W" Rare Jan-29 00:19 $199.00 Best offer accepted 2008-W Reverse of 2007 MS70 First Strike Silver Eagle PCGS MS 70 2008 W Jan-28 17:30 $2,701.00 41 bids 2007 silver eagle PCGS MS 70 rare low pop of 532 free lucky pouch Jan-24 04:20 $196.00 Best offer accepted 2007 W Silver Eagle Dollar $1 Graded by PCGS MS70 First Strike!! Jan-22 20:56 $149.99 Buy It Now 2007 SILVER EAGLE PCGS MS-70 Jan-22 13:42 $147.50 15 bids 2007 Silver American Eagle PCGS MS70 Bullion Low Pop Registry No "W" Rare Jan-19 00:18 $199.00 Best offer accepted 2007 Silver American Eagle PCGS MS70 Bullion Low Pop Registry No "W" Rare Jan-16 08:54 $199.00 Buy It Now 2007 MS70 PCGS NOT(NGC) Chinese Silver Panda Coin limited extreme low pop!!! Jan-14 08:51 $349.00 Buy It Now 2007 W - Jeffersons Liberty PCGS MS70 First Strike!!!!! Jan-13 18:03 $916.00 9 bids -- The Coin Hangout: http://www.coinhangout.com/home |
#29
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Current opinion on grading/slabbing?
On Apr 9, 10:31*am, ruben safir wrote:
http://www.ebay.com/csc/i.html?_udlo...mPrRngCbx=1&_a... Very much more than bullion costs *Over US $130.00 2007 Silver American Eagle PCGS MS70 Bullion Low Pop Registry No "W" Rare Apr-08 09:39 $199.00 Best offer accepted 2007 american silver eagle PCGS MS 70 rare low pop of 603 free lucky pouch Apr-06 18:13 $276.00 Best offer accepted 2007 AMERICAN SILVER EAGLE $1 MS 70 PCGS JOHN M. MERCANTI SIGNATURE Apr-05 19:02 $175.00 Buy It Now 2007 Silver American Eagle PCGS MS70 Bullion Low Pop Registry No "W" Rare Apr-05 04:40 $199.00 Best offer accepted 2007 Silver American Eagle PCGS MS70 Bullion Low Pop Registry No "W" Rare Mar-26 04:26 $199.00 Best offer accepted 2007 AMERICAN SILVER EAGLE $1 MS 70 PCGS JOHN M. MERCANTI SIGNATURE Mar-25 19:00 $170.50 5 bids 2007 W, 2008 W, 2011 W, & 2012 W BURNISHED SILVER EAGLE'S PCGS MS70 FIRST STRIKE Mar-24 20:05 $550.00 1 bid 2008-W $1 SILVER EAGLE, REVERSE OF 2007 FIRST STRIKE PCGS MS70 ULTRA RARE!!!!!!! Mar-12 10:37 $2,412.00 34 bids 2007-W SILVER EAGLE PCGS MS 70 FIRST STRIKE!!!!! Nice Coin!!! Mar-07 12:16 $130.00 Buy It Now 2007 american silver eagle PCGS MS 70 rare low pop of 532 free lucky pouch Mar-06 08:25 $288.00 Best offer accepted 2007 silver eagle PCGS MS 70 rare low pop of 532 free lucky pouch Mar-04 06:44 $250.00 Best offer accepted 2006W,2007W, 2008W Burnished Silver Eagles "W" ALL PCGS MS70 Mar-03 18:00 $859.95 1 bid 2007 silver eagle PCGS MS 70 rare low pop of 532 free lucky pouch Mar-01 04:03 $196.00 Best offer accepted 2007 2008 P Australia Perth Silver Lunar Rat Mouse PCGS MS 70 1 OZ 1 Dollar Feb-26 04:56 $179.00 Best offer accepted 2008-W PCGS - MS70 REVERSE OF 2007 SILVER EAGLE PCGS MS-70 Hard to find in PCGS Feb-25 18:49 $1,425.00 1 bid 2008 W Reverse of 2007 American Silver Eagle PCGS MS 70 PERFECT COIN MS70 OGP Feb-18 21:27 $1,534.99 20 bids 2007 Silver American Eagle PCGS MS70 Bullion Low Pop Registry No "W" Rare Feb-17 20:32 $199.00 Best offer accepted 2007 First Strike Silver Eagle PCGS MS70 LOW POP AND RARE for this Grade no W Feb-17 16:43 $1,750.00 1 bid 2007-W $1 AMERICAN SILVER EAGLE "FIRST STRIKE" PCGS MS70 ~ WOW! NICE! FLASHY! Feb-14 18:05 $130.38 9 bids (4) 2007-W PCGS MS70 SILVER EAGLE DOLLAR Feb-14 11:31 $325.00 Buy It Now 2007 $1 AUSTRALIA KOOKABURRA 1 Oz. SILVER BULLION COIN PCGS MS70 Feb-10 21:35 $245.00 Buy It Now 2007 silver eagle PCGS MS 70 rare low pop of 532 free lucky pouch Feb-10 20:01 $196.00 Best offer accepted 2007 Silver American Eagle PCGS MS70 Bullion Low Pop Registry No "W" Rare Feb-08 10:06 $199.00 Best offer accepted 2007 Silver American Eagle PCGS MS70 *hucky* Feb-05 08:51 $141.00 13 bids 2008 W Reverse of 2007 MS70 Silver Eagle PCGS MS 70 First Strike Feb-03 14:52 $1,826.00 21 bids 2007 Silver American Eagle PCGS MS70 Bullion Low Pop Registry No "W" Rare Jan-29 00:19 $199.00 Best offer accepted 2008-W Reverse of 2007 MS70 First Strike Silver Eagle PCGS MS 70 2008 W Jan-28 17:30 $2,701.00 41 bids 2007 silver eagle PCGS MS 70 rare low pop of 532 free lucky pouch Jan-24 04:20 $196.00 Best offer accepted 2007 W Silver Eagle Dollar $1 Graded by PCGS MS70 First Strike!! Jan-22 20:56 $149.99 Buy It Now 2007 SILVER EAGLE PCGS MS-70 Jan-22 13:42 $147.50 15 bids 2007 Silver American Eagle PCGS MS70 Bullion Low Pop Registry No "W" Rare Jan-19 00:18 $199.00 Best offer accepted 2007 Silver American Eagle PCGS MS70 Bullion Low Pop Registry No "W" Rare Jan-16 08:54 $199.00 Buy It Now 2007 MS70 PCGS NOT(NGC) Chinese Silver Panda Coin limited extreme low pop!!! Jan-14 08:51 $349.00 Buy It Now 2007 W - Jeffersons Liberty PCGS MS70 First Strike!!!!! Jan-13 18:03 $916.00 9 bids -- The Coin Hangout:http://www.coinhangout.com/home Always pretty floating in the blue sky, but try and touch the soap- bubble for yourself. oly |
#30
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Current opinion on grading/slabbing?
I have a silver Eagle that literally turned black. What is that called?
I'm guessing it's not a "spot." - Trevor On 4/9/2013 1:37 AM, Frank Provasek wrote: Is a "70" really worth 3 to 20 times as much as a "69"? Since a "70" is either "perfect" or "as struck" or "no visible flaws under 5x magnification" -- I think a hand-selected "69" or original raw coin is a much better value. And PCGS is CHANGING their guarantee on modern silver coins...When an MS70 2002 Silver Eagle, for example, that was graded MS70 and supposedly worth $2000 develops spots or haze after grading, PCGS would regrade it -- perhaps MS68 -- and pay the owner the difference in value ...$1970 -- as MS68 is listed at $30. Obviously these are ticking time bombs, as PCGS has graded $27 billion worth of coins, but they have no insurance, no segregated reserve funds -- they simply pay losses out of current cash flow. and their parent company's $99 million market capitalization could quicky vanish with an extended run of claims. So let's see how "70s" will hold their value when PCGS quits downgrading spotted coins -- and will let the "market" decide how to value "perfect 70s" "spotted 70s" and "tried to clean it but it didn't work, so we are putting it back in a 70 slab" PCGS Modern Silver Coin Spot Policy When initially grading modern silver issues, PCGS will deduct for spots that are already evident. If coins spot after they are graded by PCGS, they are not covered by the terms of the PCGS grading guarantee. If you would like us to try to remove spots from your coins by "dipping" them, we may be able to do that. It is our experience that spots on proof Silver Eagles can be removed in about 80% of the cases, but spots on Mint State Silver Eagles will only come off approximately 10% to 25% of the time. We launched a Restoration Service on January 2, 2013 and for a fee (grading fee plus 4% of the value) we will remove spots, unattractive toning and other imperfections. However, this fee would be excessive for most modern silver issues so as a service to our customers, we will have a spot removal service for modern silver coins available beginning April 1, 2013. We are only charging a flat fee of $5 for spot removal on modern silver coins. Note that we cannot guarantee whether our spot removal attempt will be successful. If the spots do not come out, we will still reholder you coin in its original grade. It will just be a spotted coin of that grade. We anticipate that a two tier market (spot-free and spotted) will develop, much as it has in the past 10 years or so in the U.S. generic gold market. For further information about our spot removal service, contact PCGS Customer Service after April 1, 2013. |
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