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Failed First PCGS Submission Attempt...

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Valued Member

United States
312 Posts
 Posted 05/17/2011  9:56 pm Show Profile   Bookmark this topic Add mshev to your friends list Get a Link to this Message Number of Subscribers
Apparently I mostly wasted the "free" submissions that I got with my PCGS membership... Below are the pics that I submitted, followed by my estimated grade and the results...

Failed-First-PCGS-Submission-Attempt...

Failed-First-PCGS-Submission-Attempt...
Me: High AU/Low MS, color MAYBE questionable though I did not think so...
PCGS: Questionable color

Failed-First-PCGS-Submission-Attempt...

Failed-First-PCGS-Submission-Attempt...
Me: MS-63
PCGS: MS-63 (ok, I did get a few right)

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Failed-First-PCGS-Submission-Attempt...
Me: MS-63/64
PCGS: Questionable color (WHAT?!)

Failed-First-PCGS-Submission-Attempt...

Failed-First-PCGS-Submission-Attempt...
Me: MS-64
PCGS: Questionable color (?!!)

Failed-First-PCGS-Submission-Attempt...

Failed-First-PCGS-Submission-Attempt...
Me: Coin toss between AU/Cleaned (obviously cleaned - was hoping it would grade)
PCGS: Cleaned

Failed-First-PCGS-Submission-Attempt...

Failed-First-PCGS-Submission-Attempt...
Me: XF-45
PCGS: XF-45 :)

Failed-First-PCGS-Submission-Attempt...

Failed-First-PCGS-Submission-Attempt...
Me: MS-65 FB
PCGS: Cleaned

Failed-First-PCGS-Submission-Attempt...

Failed-First-PCGS-Submission-Attempt...
Me: MS-66
PCGS: MS-65
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vermontensium's Avatar
United States
16679 Posts
 Posted 05/17/2011  10:03 pm  Show Profile   Check vermontensium's eBay Listings Check vermontensium's eCrater Listings Bookmark this reply Add vermontensium to your friends list Get a Link to this Reply
I don't agree with them on the first Morgan at all. The second to the last Merc is a toss up with me. All the rest, I agree with PCGS. Nice coins!
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coinguybrian's Avatar
United States
5375 Posts
 Posted 05/17/2011  10:05 pm  Show Profile   Bookmark this reply Add coinguybrian to your friends list Get a Link to this Reply
PCGS is notorious for handing out the questionable color thing like candy, often there is a judgment that if a coin doesn't look 'generally like it should' it is automatically questionable. The 1826 does not look strongly cleaned, and I'm a little surprised they didn't let it in a slab since they are so lax with bust coins.
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mitchhailey's Avatar
United States
1150 Posts
 Posted 05/17/2011  10:52 pm  Show Profile   Bookmark this reply Add mitchhailey to your friends list Get a Link to this Reply
If you were a 'big name' dealer, they would have been nicer to ya'!

Nice coins, anyway. Luckily, we don't need PCGS to be able to enjoy our stuff.
Valued Member
numismaniac's Avatar
United States
361 Posts
 Posted 05/17/2011  11:23 pm  Show Profile   Bookmark this reply Add numismaniac to your friends list Get a Link to this Reply
No doubt pcgs is "kindler and gentler" to the big boys. I really think the 16 Merc looks it could be in a holder with 64 fsb. Nice group of coins.
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GatewayCoinGuy's Avatar
United States
6 Posts
 Posted 05/17/2011  11:33 pm  Show Profile   Bookmark this reply Add GatewayCoinGuy to your friends list Get a Link to this Reply
I did about as well the first time I sent coins to a Third Party Grading Service. Very nice coins. I really like the 1853 Quarter.

GatewayCoinGuy
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Tim Stroud's Avatar
United States
2661 Posts
 Posted 05/18/2011  07:14 am  Show Profile   Bookmark this reply Add Tim Stroud to your friends list Get a Link to this Reply
I must say that the only problem I see with 1916 Merc is the small rim ding at the 4 o'clock position on the obverse. The 1899 and 1900 Morgans I tend to agree with PCGS. Personally I am put off by the color of the Bust Half. If I was to see that coin in hand I may form a different opinion, but that is just my thoughts.
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southsav's Avatar
2223 Posts
 Posted 05/18/2011  07:24 am  Show Profile   Bookmark this reply Add southsav to your friends list Get a Link to this Reply
That's exactly what and why the TPGs turn me off.

Nice looking coins I'd be proud to have and show.
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w1a9c8k5's Avatar
United States
1348 Posts
 Posted 05/18/2011  08:36 am  Show Profile   Bookmark this reply Add w1a9c8k5 to your friends list Get a Link to this Reply
Regardless if they have been cleaned I think they should be graded and noted "cleaned" or something. Really just wastes our money sending them in
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Gothic Florin's Avatar
United States
2541 Posts
 Posted 05/20/2011  10:23 am  Show Profile   Bookmark this reply Add Gothic Florin to your friends list Get a Link to this Reply
I think they're all nice coins and I hope you enjoy the collection. I'd like to see a rationale from PCGS rather than just "questionable colour", but I think we all know that isn't going to happen. I now feel less confident buying raw coins...
Valued Member
United States
312 Posts
 Posted 05/20/2011  1:19 pm  Show Profile   Bookmark this reply Add mshev to your friends list Get a Link to this Reply
Thanks all!

I'm very confident in the colors of the two later date Morgans - those are colors I've only seen on naturally toned coins (the coloring isn't reflected perfectly in the photos - it goes from a peacock green into a nice light rose color). The toning does not just have a surface look, and contains the 'shadow-effect' that is supposedly only present in naturally toned coins (though the absense of it does not mean toning is not natural). Not to mention - I bought them from a dealer I trust, who was the one to pop them out of an old album.

What I'm not confident in is PCGS and their money-wasting over-caution - I'm going to either try resubmitting one of them, or give NGC a shot with them.
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DVCollector's Avatar
United States
10045 Posts
 Posted 05/20/2011  1:44 pm  Show Profile   Bookmark this reply Add DVCollector to your friends list Get a Link to this Reply
My immediate reaction to the first Morgan was that toned over a long period of time.
3rd, 4th Morgan--why would that be intentional/questionable/AT? Perhaps I need an expert's eye?
Edited by DVCollector
05/20/2011 1:50 pm
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littlemoney's Avatar
Canada
902 Posts
 Posted 05/20/2011  1:58 pm  Show Profile   Bookmark this reply Add littlemoney to your friends list Get a Link to this Reply
I have never heard of Questionable color, but as far as cleaned I would think they should still grade it & mark it as such.
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biokemist6's Avatar
United States
12437 Posts
 Posted 05/20/2011  3:37 pm  Show Profile   Bookmark this reply Add biokemist6 to your friends list Get a Link to this Reply

Quote:
The toning does not just have a surface look, and contains the 'shadow-effect' that is supposedly only present in naturally toned coins (though the absense of it does not mean toning is not natural).

That is one of the first diagnostics I learned for NT coins. I have never seen an explanation for the phenomenon but I strongly suspect it has something to do die flow lines and their interaction with the slow kinetics of a natural toning reaction. I have owned a couple Morgans with a very similar toning scheme, both were in NGC slabs so obviously NGC did not have a problem with the toning. It baffles me that a grader employed by PCGS, someone who should be considerably more experienced than myself, fails to recognize one of the simplest diagnostics of natural toning
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BadThad's Avatar
United States
19949 Posts
 Posted 05/21/2011  1:01 pm  Show Profile   Bookmark this reply Add BadThad to your friends list Get a Link to this Reply
Another fine example of TPG toning rejection. The 1899 and 1900 are definately NT market acceptable. PCGS is extremely paranoid about their reputation the past few years so they ALWAYS error on the side of "questionable color" if there's the slightest doubt.
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Pillar of the Community
United States
1547 Posts
 Posted 05/21/2011  3:07 pm  Show Profile   Bookmark this reply Add eddiespin to your friends list Get a Link to this Reply
They're color-cooky, but they're a big shaper of public opinion. As a matter of fact, that's the only thing they're really good at. FWIW...
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