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I Sent Twelve Modern Coins To PCGS And Now In Encapsulation Does That Mean Something?

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Bedrock of the Community
United States
17875 Posts
 Posted 11/24/2021  8:43 pm  Show Profile   Check BadThad's eBay Listings Bookmark this reply Add BadThad to your friends list Get a Link to this Reply
Excellent thread, thanks for starting it! This is good information not only now but for new members.

Good Luck!

I have to agree with the others and I totally understand your points. BY FAR, to simply learn, I recommend buying coins already slabbed. Slabbed Memorial cents are CHEAP on ebay and everywhere else. They are typically from collectors and some from dealers that made "mistakes". I've seen these for under $10 on occasion.

I also recommend making friends with your LCS. They can be an invaluable ally in building your collection when they know you. I made friends with a owner of a local shop just by frequenting there, buying some stuff and shooting the breeze. FORE WARNING: Many of these dealers have tough exteriors. However, most of them are awesome once you break though it and they see you are not wasting their time. Bring a roll of cash so they see it when you checkout, it really gets their attention! LOL

You don't have to spend gobs of money on a camera! For under $50 you're in business. This is what I'm using, owned it forever, has a great macro mode:

https://www.ebay.com/sch/i.html?_nk...+is&_sacat=0

My pictures aren't "pro level" but they good enough for use on the web. One of the absolute keys for good pictures is LIGHT. This is what I use ($28):

https://www.amazon.com/gp/product/B...e=UTF8&psc=1
Lincoln Cent Lover!
Edited by BadThad
11/24/2021 8:44 pm
Bedrock of the Community
United States
17875 Posts
 Posted 11/24/2021  8:46 pm  Show Profile   Check BadThad's eBay Listings Bookmark this reply Add BadThad to your friends list Get a Link to this Reply
Lincoln Cent Lover!
Bedrock of the Community
United States
17875 Posts
 Posted 11/24/2021  8:49 pm  Show Profile   Check BadThad's eBay Listings Bookmark this reply Add BadThad to your friends list Get a Link to this Reply
Here's what a $50 setup can do. These were even shot through an airtite holder.





Lincoln Cent Lover!
Valued Member
United States
469 Posts
 Posted 11/24/2021  10:59 pm  Show Profile   Bookmark this reply Add NumismaticsFTW to your friends list Get a Link to this Reply
I agree with BadThad, this is a great read!

Lots to learn

Thanks for the ideas BadThad, I will be purchasing these (Christmas gift) for myself.

I had no idea a setup was so inexpensive.
Bedrock of the Community
Australia
19579 Posts
 Posted 11/24/2021  11:22 pm  Show Profile   Bookmark this reply Add sel_69l to your friends list Get a Link to this Reply
Does not mean much, except
that the grade is easily agreed upon, if you wish to sell them.
Pillar of the Community
United States
8370 Posts
 Posted 11/25/2021  01:08 am  Show Profile   Bookmark this reply Add merclover to your friends list Get a Link to this Reply
I think educating yourself through purchasing TPG slabs is the way to go. When I first got into Mercury dimes years ago, I didn't trust the Photograde photos ; I didn't trust my ability to hold a coin up to a blown up photo and translate the 2D to the real thing. So I spent money and bought an PCGS MS-67 FSB Merc as well as a MS-66 and MS-65 FSB Merc and then I had in my hands exactly what to look for in the slight differences between the grades. I don't necessarily like slabbed coins, but these proved to be the best money I ever spent on coins as they guided all my future purchases. Like your interest in Lincoln's, Mercury dimes were "my thing." I still think Mercs are the most beautiful coins ever made, but that's a whole different discussion.
ša va bien aller

Pillar of the Community
United States
655 Posts
 Posted 11/25/2021  11:08 am  Show Profile   Bookmark this reply Add grospoisson to your friends list Get a Link to this Reply
QUOTE

[/Here's what a $50 setup can do. These were even shot through an airtite holder.]

Hey BadThad, great advice, I did purchase a Canon Rebel XTI with all the bells and whistles for 100$ it came with nice carrying case tripod and two different types of lens. I think the carrying case is worth more than the camera (LOL). That's a whole new ball game, since I spent so many hours studying how to grade and now another month to figure out the camera. Guys understand that three months ago it took all I had to post a topic. John1 kept telling me how to put in quotes and patiently explaining step by step on how to do it. Hfjacinto has been there right from the start encouraging me and telling me to slow down it takes years to master this. TBOP, coinfrog, oldfordman, nick10, and Badthad , the list goes on each pointing out altered color and unacceptable toning. With so many way more experienced than me telling me the same thing a bell goes off and a voice in my head kept saying listen idiot these guys know what they are talking about.

I realize these are common date Lincolns yet still somewhat elusive in high grade. My problem may be that I might be technical grading instead of market grading. I have 80 slabbed Lincolns already as teaching tools. Most ms-66 Lincolns from NGC have marks and I would not consider submitting. Most of the coins I sent in have numerous die polish lines making the coin very attractive.

Will PCGS see it the same way (who knows). If I submit 4 coins of the same date with a pop report of 25 at ms-67 will I get any at 67 or all 4. Is PCGS aware that the value will drop when more show up in the pop report? I challenge some of you to go to ebay when you get a chance and and type in ms-67 PCGS Lincoln wheats with different dates (possibly the first three that show up that also have an enlarged picture. Then count the marks and die clash marks. And while you are at it type in PCGS ms-67 Lincoln memorials before 1983 and see how many are there. Then come back and tell me I am full of "s?t". Which no one has even implied by the way!.. Last thing 1 coin at modern value 52$ then shipping . 12 coins same deal 241$ and shipping. I will post either way. Guys keep me on the straight and narrow.
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United States
1622 Posts
 Posted 11/25/2021  11:33 am  Show Profile   Bookmark this reply Add nick10 to your friends list Get a Link to this Reply
After you have more grading experience, you'll be able to spot the coins with doubtful (too high) grade numbers on their holders. Such examples are ones their owners will be more willing to part with, hence you see them on ebay.
Pillar of the Community
United States
655 Posts
 Posted 11/29/2021  1:03 pm  Show Profile   Bookmark this reply Add grospoisson to your friends list Get a Link to this Reply


As of Monday 11/29 those 12 coins are still in encapsulation from 11/24. This was the day before Thanksgiving. PCGS still has them in encapsulation but the magnifying glass in the order details is yellow which I hadn't noticed before. This may mean that none of them made it to ms-67. I realize that we were in the holidays . I don't remember seeing yellow before.
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United States
5160 Posts
 Posted 12/01/2021  7:48 pm  Show Profile   Bookmark this reply Add macmercury to your friends list Get a Link to this Reply
If you haven't buy some slabbed common date coins in various grades as MercLover suggested, it could be beneficial in aiding what to look out for in grades, or attend local coin shows and or dealers to check out their low cost slabs, most of these are relatively cheap.

Cherry pick a variety and you get your moneys worth plus more.

The Mercury Dimes Specialist!
Current project: US Dansco 7070 Album
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Pillar of the Community
United States
655 Posts
 Posted 12/02/2021  12:55 pm  Show Profile   Bookmark this reply Add grospoisson to your friends list Get a Link to this Reply

Coins are now in QA. It may be only one or hopefully more than a few. The suspense is terrible!
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Learn More...
United States
7463 Posts
Pillar of the Community
United States
655 Posts
 Posted 12/08/2021  2:39 pm  Show Profile   Bookmark this reply Add grospoisson to your friends list Get a Link to this Reply
In QA Wednesday before Thanksgiving, Nov 24 in the morning. It's December 8th after lunch still in QA. As each day goes by my optimism fades. All experienced members told me I overshot the target. I think they were right (ms-67) for all of them as minimum grade is unrealistic. For what it's worth I will have coins, that say it takes more than this for a ms-67. I am sure time will tell. I read several times on the computer about people complaining that it was taking to long for grades to come in, then low and behold the grades popped in shortly after. I am trying this trick to get the grades.
Valued Member
United States
469 Posts
 Posted 12/08/2021  5:11 pm  Show Profile   Bookmark this reply Add NumismaticsFTW to your friends list Get a Link to this Reply
It can take months before you get them.
Pillar of the Community
United States
8051 Posts
 Posted 12/08/2021  5:15 pm  Show Profile   Bookmark this reply Add ijn1944 to your friends list Get a Link to this Reply
Reputable 3rd party graders--coins, sports trading cards, etc.--are rather swamped with material submitted for grading. There are backlogs.
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