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Moderator
 United States
189767 Posts |
Quote:
When you start collecting coins and not plastic, you won't have these problems Of course, I agree.  Quote:
I get that it can be a game. My anger is that it IS a game. "A strange game. The only winning move is not to play. How about a nice game of chess?" - Joshua, War Games. |
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Bedrock of the Community
United States
17884 Posts |
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according to every grading set of guidlines I have read land that quarter square on Good. I still hold to the older standards that require full rims front and back for Good. The TPG's don't hold to that anymore and I have seen VG's on key dates that don't have full rims. |
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Pillar of the Community
 United States
3755 Posts |
I am not collecting plastic. The simple fact of the matter remains that a graded coin has a higher value. I want some of my coins graded. They key date coins, the high grade coins, the investment coins, like that. Sort of like Car fax for coins IMO. I do not go out and search for graded coins to "buy the plastic." As an example. In another thread I posted pics of some of my 1959 black beauty nickels. *I* know they are black beauties. *I* know they are MS63+ coins. Am I going to get a good premium per coin based on the fact that *I* know what they are? NO. Now, those same coins in TPG slab with the black beauty designation and there you go. A buyer seeing that attribute and grade from a known TPG like PCGS, NGC, ANACS or ICG will assure a buyer they are not being ripped off. That aside, I am ditching PCGS. I compared their prices to ANACS (something I should have done BEFORE I paid for membership, I know) and the difference is ridiculous. To get those black beauties graded at PCGS is 58 bucks a coin. At ANACS, 24 bucks. Basic 15 day grading at PCGS, 30 bucks. ANACS, 19 bucks. AND I dont have to pay a membership fee at ANACS. Top tier company...top tier fees is more like it. |
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Rest in Peace
United States
9104 Posts |
gotta remember, pcgs has stockholders to keep happy. That means plenty of regrades, slobbed non-coin items and whatever other gimmick they can convince the public theyt should pay for. I read in another thread where a roll searcher sent in a nice 63 franklin to be slobbed ms64 (in 2009). Even at today's much higher silver prices, that's a $22 coin. So he took a $10 coin, paid $30 for TPG and increased its value by $12. Who benefits? only the TPG. |
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Pillar of the Community
United States
3755 Posts |
A quote from the official ANA grading standards book for Washington quarters: Good, G4 Obverse: Hair is well worn with very little detail remaining. Half of motto is readable. LIBERTY and date are weak but visible. RIM MERGES WITH LETTERS. (My emphasis) Reverse: Eagle is worn nearly flat but is completely outlined. Leaves, breast, and legs are worn smooth. Legend is visible BUT MERGES WITH RIM. (again my emphasis) As I said, this is from the ANA handbook. If I cant go by ANA standards, what exactly am I supposed to use? |
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Rest in Peace
United States
9104 Posts |
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Pillar of the Community
United States
927 Posts |
I use the ANA grading guide as my bible also. And for the 1932D quarter, I believe this is a solid good 4 any day. It certainly beats the AG 3 one that I have. In the Notes section at the end of Washington quarters: "The obverse motto is always weak on coins of 1932 and early issues of 1934." So the weak motto on this coin is normal and does not affect the grade. |
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Valued Member
United States
455 Posts |
It seems to me that these TPGs are not consistent with their grading values and standards. I have seen coins slabbed that screamed AT but there they were in a slab with a grade. There are other coins that people have sent in knowing that the toning was natural and got it back in a body bag. The TPGs should take a stand and either accept all toned coins and grade them or reject any toned coin that comes in. Also, I have seen blatant under-graded coins and I have seen it the other way around with over-graded coins that are obvious. I don't really know what to say to you about your toned Morgan, but I'm sorry for what they did to you and I can totally relate to you being angry. I would be madder than a wet hen!
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Bedrock of the Community
United States
17884 Posts |
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Pillar of the Community
United States
3755 Posts |
6th edition
coinczar, I sent two of my black beauties to NGC for grading. They got a straight up MS63. No notation at all about the fact the coins are BLACK. So obviously it isn't tarnish which would bring an environmental damage details, its not toning or that would have been noted. The dealer I sent them through is trying to find out why there was no designation. I already know the answer. I didnt pay enough for them type the designation into the label maker. God only knows what PCGS would have done.
I AM DONE WITH THOSE TWO.
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Pillar of the Community
United States
3592 Posts |
ANACS also charges to attribute varieties in case you didn't know...nothing wrong with that..it costs money to make coins more valuable.
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New Member
United States
13 Posts |
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New Member
United States
13 Posts |
Can't say PCGS is not sleeping on the job sometimes......way over-rated grading company.
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Pillar of the Community
United States
3755 Posts |
I know they charge extra for designations. All of them do. Its just twice as much for PCGS and NGC.
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Pillar of the Community
United States
3076 Posts |
As I have seen and talked with many who are well educated with the TPG's and PGCS IT IS ABOUT the money....letting coins into the population only decreases the values they have already in the population as supply and demand play an important part of there guarenteed values.... in there today's standards, an ms 64 coin "must be at least" MS64.5 not just ms 64.. all coins must "exceed" the minimum grade by a half point.... Here is where the delema arises.....this 1885 lacks any issues on the face..a clear ms 65 candidate....so this coin does exhibit MS 64 plus quality but does not make MS 65+ so its reverted to MS 64..... NOW the delema is only magnified by "ALL THE PREVIOUSLY graded coins IN HOLDERS that are not as good as this who have the MS65 designation....... THESE COINS would not hold to today's standards I think you would all agree.... Yet what does this say about the coins we hold in the graded slabs? that won't meet the criteria of todays standards? Its all about the money and submission money..income for any business not for the consumers protection of value invested.... There is a saying..."BUT THE COIN NOT THE HOLDER" at this rate you need BUY coins at ms 66, for an MS65 price FOR the Questionand meaning of SP SP means Specimen, or...a coin produced in the coins developement.. The coins "dies" are meant to finalize what the production coins will look like... the image is chosen..dies are made..if they like the looks of them, coins will be struck to see how they will look like...and yes...there are few coins strike so the coins will the MS 67 and upwards..MS 67 is a low grade for such a die.. it's basically a minimum grade for a die which has few strikes on it, so now you can understand his frustration...however any of the "slightest of flaw" will yield MS67 "under magnification"....not in hand... I hope this helps your understanding.. |
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Posted 07/02/2011 11:29 am
