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Absurd PCGS Details Grading W/ Pics

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Pillar of the Community
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 Posted 05/19/2014  11:08 pm  Show Profile   Bookmark this reply Add machine20 to your friends list
True dat
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 Posted 05/19/2014  11:40 pm  Show Profile   Bookmark this reply Add ExoGuy to your friends list
No more body bags, huh? Evidently, it's been awhile since I last utilized PCGS!
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 Posted 05/20/2014  02:22 am  Show Profile   Bookmark this reply Add hesgut to your friends list
The 1849 looks much better in hand than the pics. It also looks a darker brown with rainbow colors. Believe me, (in hand) if that coin has been cleaned then so has almost every single higher grade Seated quarter I've ever seen gets a details holder.

I mentioned not having pics, but my BU 1891 has nearly as much luster as a modern ATB Quarter. I could place imaginary ants on that thing a see-saw them back and forth on the cartwheel. UNC details is a rare grade as it is. The few I've seen were all old cleaning pieces where a collector form a previous generation probably wanted their BU piece untoned and white. They were all obvious. My piece would represent the best UNC details coin I've ever seen in my entire life. I don't even know how many hundreds I lost on that designation-depends on what the UNC is...63, 64?

Then, of course, in the same exact submission I get a grade on two coins where I am pretty certain they have been cleaned. Come on. I know my 1869 is a very rare coin and is now a pop 1 for the grade, but it's been cleaned, seriously. The 1853/4 is also rare, but isn't even as rare. It's cleaning is also more pronounced if you ask me.

The fact of the matter is, this is a sham submission if you grade conservative or liberal. If one assumes my 1891 and 1849 to be cleaned, it is impossible to see the 69 and 53/4 as original. If one sees the 53/4 and 69 as original, there is no way on the planet my other two get details holders. The grading was plain wrong.

I have generally been spot on with my expectations in the past on the coins I've submitted before. Almost exact agreement. This time, I see all 4 coins differently than PCGS. Two where I gained a several hundred dollars and two where I lost money I felt their sale would deserve.
Valued Member
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406 Posts
 Posted 05/20/2014  08:27 am  Show Profile   Bookmark this reply Add giorgio11 to your friends list
Yes, PCGS has been doing Details grades rather than body bags for a couple of years now.

Best Regards,

George
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 Posted 05/20/2014  10:08 am  Show Profile   Bookmark this reply Add SsuperDdave to your friends list
That 1849 is not remotely "original surfaces." No chance whatsoever that natural toning reaches the devices before filling the fields, and the varied coverage simply does_not_happen in the "natural" world. I don't lnow about the other coins, but PCGS got the 1849 right.
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 Posted 05/20/2014  10:24 am  Show Profile   Check 52Raymo's eBay Listings Bookmark this reply Add 52Raymo to your friends list
The 1849 really jumps out at you as being messed with. Hate seeing that happen to a coin with great bones.
Oregon coin geek.....*** GO BEAVS ! ! ! ***
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 Posted 05/20/2014  1:09 pm  Show Profile   Bookmark this reply Add hesgut to your friends list

Quote:
That 1849 is not remotely "original surfaces." No chance whatsoever that natural toning reaches the devices before filling the fields, and the varied coverage simply does_not_happen in the "natural" world. I don't lnow about the other coins, but PCGS got the 1849 right.


Natural toning has not reached the devices before filling the fields. Besides, if that were the problem it would have been called questionable color 91, not 92. Again, these pics were a personal reference and I didn't originally take them with the intention they'd be seen. On the 49, I chose a specific lighting and cam angle to try and capture the rainbow for myself. The coin in hand is a nice, even dark brown (more in the fields in fact) with rainbow undertones.

When you say you "don't know about the others" are you implying you agree they messed up or are you not sure?

My 49 pics are probably not helping that coin's case, but the fact that some posters think that one or both of the other coins are fine, and saying the 49 is sooooo obvious tells me people just don't want to rock the boat against PCGS.

How much does anyone here want to bet that if I posted another thread "claiming" PCGS just slabbed my 49' VF-35 and my 69 as VG or F details, that people (who haven't seen this thread) would say things like "the 49' has amazing tone, but the 69 has clearly been messed with" or "the 49' is a beautiful coin, but the 69 has been obviously cleaned."

I doubt the mods would appreciate such a thread so I won't do it, but it would be an interesting experiment on the courage and sensibility of our posters against the big bad PCGS.
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 Posted 05/20/2014  1:24 pm  Show Profile   Bookmark this reply Add SsuperDdave to your friends list
I'm on my smartphone, and the images of your other coins aren't clear enough as a result for me to trust my opinion. I'll look closer at them from home later.

That should communicate my certainty regarding the 1849, and the usual vector for such color - especially on a circulated coin - is a cleaning stripping the surfaces and making them vulnerable to toning again like the coin was when it was Mint State. That's why you so rarely see a circulated coin with any significant color. Color like that on a circulated coin is an instant indicator of recovery from cleaning.

I stand by my agreement with PCGS' opinion on that one.
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 Posted 05/20/2014  1:48 pm  Show Profile   Bookmark this reply Add hesgut to your friends list

Quote:
That should communicate my certainty regarding the 1849, and the usual vector for such color - especially on a circulated coin - is a cleaning stripping the surfaces and making them vulnerable to toning again like the coin was when it was Mint State. That's why you so rarely see a circulated coin with any significant color. Color like that on a circulated coin is an instant indicator of recovery from cleaning.


I do agree with this statement. That is true. It would be pretty strange to see a G/VG with nice colors. Of course, the closer one gets to MS, the more acceptable it becomes. A XF-40 IMO (VF-35 I suppose) can get natural coloring. The colors also don't look as extravagant in hand---I took those pics on purpose that way. The coin looks beautiful, but it's primarily a brown coin.

In my experience seated silver also runs the gamete on natural color more so than more recent classic silver. You don't often rainbow colors except on proofs, I know, but you can take 10 different original pieces and they will be 10 completely different shades of brown, grey, or even nearly black. With Morgans, barbers, Mercs, etc....you will see more diverse and frequent rainbows, but when they just tone dark, there is much less variance.



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 Posted 05/20/2014  1:56 pm  Show Profile   Bookmark this reply Add westernsky to your friends list
PCGS gave the coins the grades which they thought they deserved at the time they graded them.

You can always bust em out of the holders and submit them to NGS or ANACS and see what happens.
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 Posted 05/20/2014  2:04 pm  Show Profile   Check 52Raymo's eBay Listings Bookmark this reply Add 52Raymo to your friends list
I wouldn't take it personal, the 49 is what it is. It still has value. No doubt in my mind that had you posted it in the grading section that it would've gotten hammered.
Oregon coin geek.....*** GO BEAVS ! ! ! ***
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 Posted 05/20/2014  2:10 pm  Show Profile   Bookmark this reply Add chasingtailbar to your friends list
Quite frankly, if I were a grader at PCGS, I would have given details grades to all three based on your images. I just think the '69 is the most market acceptable due to rarity and wear. I wouldn't buy any of them for my personal collection regardless of their slabbed grade, or lack of thereof.

You have to remember that PCGS engages in market grading, so they essentially price coins... so the true technical grade doesn't matter so much as what they think it's probably worth. In their opinion, the '53 and '69 are coins worthy of problem-free prices.

If you want coins grade strictly on ANA standards, find a company that grades on ANA standards (lol good luck) and submit to them.
Edited by chasingtailbar
05/20/2014 2:13 pm
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 Posted 05/20/2014  6:07 pm  Show Profile   Bookmark this reply Add stampvirgin to your friends list
I wonder why no one has asked you why you even bothered sending in altered (cleaned) coins in for grading, knowing beforehand they are altered.
If I were to see those coins in any type of auction I would not buy them, as they don't have a "cleaned" reference on the slabs.
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 Posted 05/21/2014  12:11 am  Show Profile   Bookmark this reply Add hesgut to your friends list

Quote:
I wonder why no one has asked you why you even bothered sending in altered (cleaned) coins in for grading, knowing beforehand they are altered.
If I were to see those coins in any type of auction I would not buy them, as they don't have a "cleaned" reference on the slabs.


This is a pretty simple question to answer.

First I would like to point out that coins with an old cleaning aren't exactly in the same boat as an "altered" coin. It's not not there is a hole and graffiti on them. The two that came back with cleaning I didn't think were cleaned-frankly I still don't. the UNC details 91 is worth probably a good 250 even in its cleaned holder.

The 1853/4 needed authentication as well as grading as the overdate is too difficult to show in pics and it would be worth a couple hundred even if graded VF cleaned.

The 1869 has only a few dozen certified examples in existence and is estimated to be 3 times as rare as a 1916 Standing liberty (though less expensive due to demand). That coin would have been worth about 500 or so even in a details slab.

So unless you believe a coin has to basically be worth 1000 or more to earn a slab, that's why they were all sent in.
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 Posted 05/21/2014  4:50 pm  Show Profile   Bookmark this reply Add stampvirgin to your friends list
understood.
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