What does it mean when a PCGS slabbed coin is designated only as 'Genuine' without a grade assigned? Does it mean that it's not counterfeit, or that surfaces are genuine, or something else altogether? Thanks in advance.
It's a brand new service PCGS has announced for "problem coins". These are coins that have been cleaned,rim nick, environmental damage,holed,etc. They will slab your coin, (if genuine), and give it a "no grade" but guarantee it's authenticity. They will bodybag counterfeit coins or coins with excessive pvc damage and send them back to you.
They're in cute little styrofoam-ish 'envelopes' containing the coin in the flip with their sticker on it designating the coin and what the problem is. My last one was on a large cent. I forget the year so I'm guessing here, but it said something along the lines of "1804 Large Cent" and "Surfaces Tooled".
And before someone asks, no, I had no idea there were any tooled surfaces or I wouldn't have bothered buying it, let alone send it to be graded. Just goes to show how a little experience would go a long way. Hopefully I'll get to a level where I'll be able to tell these things
Disclaimer: While a tremendous amount of effort goes into ensuring the accuracy of the information contained in this site, Coin Community assumes no liability for errors. Copyright 2005 - 2026 Coin Community Family- all rights reserved worldwide. Use of any images or content on this website without prior written permission of Coin Community or the original lender is strictly prohibited. Contact Us | Advertise Here | Privacy Policy / Terms of Use