| Author |
 Replies: 24 / Views: 2,912 |
Page 2 of 2
|
|
|
|
Pillar of the Community
Canada
695 Posts |
Quote:...I know its an opinion but not 1 TPG states that it is only their opinion I know that I.C.C.S. does. On the bottom of the holder it states that "tampering with this sealed holder invalidates above opinion". |
|
Pillar of the Community
 1844 Posts |
Thats true but they wont guaranty it....Is it PCGS or NGC that guaranties the grade ?
|
|
Pillar of the Community
Canada
695 Posts |
Quote:
they wont guaranty it Nor should they. What kind of guarantee are you looking for? These are ALL opinions based on Qualitative observations, and as such will be different from one person or TPG to another. If one person grades it as an MS64 and you have it regraded, and it gets an MS63 do you expect them to pay the difference in trend prices to you? I am confused as to how one would guarentee an opinion. Edited by middross
10/23/2012 2:29 pm
|
|
Pillar of the Community
1844 Posts |
midross to my knowledge one of the US TPG's have such a policy I am just not sure which one it is... Now perhaps it is only if you re send it to then for a re slab or something , again not sure I just remember reading about it before... |
|
Pillar of the Community
United States
1812 Posts |
I think that more important then a grade guarantee (as most here know is an opinion based grade) is the ending of body bags for problem coins... I say since you have paid for the coin to be holdered, slab it and place the problems on the label, or return a partial refund for a unholdered coin...
|
|
Pillar of the Community
1844 Posts |
Ok Middross I found this and it is quite interesting and answers your question. http://www.pcgs.com/guarantee.htmlThey Guaranty their grade and yes , if resubmitted and it grades lower they will refund you the difference of the higher grade at todays market value.... So I guess they should all do it ? |
|
Pillar of the Community
Canada
695 Posts |
Have you read that guarantee? It only applies if you resubmit it to them and basically tell them that you don't agree with them. Then they will look at it and give you another opinion. Probably the same opinion as the first time around. If you asked me for my opinion and I gave it to you on writing and then you showed me my opinion in writing and asked if this was really my opinion I would say yes every time. Especially if I had to pay you if I decided to change my opinion. If it is off by two or more points then it doesn't count because it must have been a printing error. IMHO a waste of time trying to get them to honor that guarantee.
|
|
Pillar of the Community
1844 Posts |
ya your probably right on that one...
|
|
Valued Member
291 Posts |
Quote:
Have you read that guarantee? It only applies if you resubmit it to them and basically tell them that you don't agree with them. Then they will look at it and give you another opinion. Probably the same opinion as the first time around. If you asked me for my opinion and I gave it to you on writing and then you showed me my opinion in writing and asked if this was really my opinion I would say yes every time. Especially if I had to pay you if I decided to change my opinion. If it is off by two or more points then it doesn't count because it must have been a printing error. IMHO a waste of time trying to get them to honor that guarantee.
 The "guaranty" would be laughable if PCGS didn't tout it so highly. It's completely self-serving.  |
|
Pillar of the Community
 Canada
617 Posts |
As a buyer of third party graded coins, most of which I have not seen in person, I prefer the grading services to make comments regarding problems and major varieties.
|
|
Valued Member
Canada
475 Posts |
Absolutely the comments should be on the holders. Remember that when you submit a coin to any TPG you are getting two things. First and most important, the coin is genuine and second a third party view as to the grade of the coin. Learning how to grade and judge the overall appeal of a coin yourself is far more important than any TPG's opinion. In other words ALWAYS buy the coin and NOT the certificate! |
|
Pillar of the Community
Canada
9866 Posts |
Problems should always be noted on the slabs,in words,not just code numbers as some TPGs have done.Varieties should be noted at the request of the submitter,and TPGs should make available a list of all varieties they consider important and can identify.
"Dipping" is not considered cleaning...
-from PCGS website
|
|
Valued Member
Canada
299 Posts |
Hi All, 1st post here. Just wanted to chime in with some of my history and ICCS. I've sent in around 250 or so coins in the last year. 2 came back ungraded and noted as altered, 1 came back as whizzed and 4 came back as forgeries. Although it is annoying that I was ripped off on some of the coins, I'd rather know than not and don't really have the experience to pick all the bad ones from the good. Also have a hard time getting those hard cases to fit in my binders.  |
|
Pillar of the Community
Australia
7096 Posts |
Just read through this thread and have come up with some conclusions of my own. If a TPG is unwilling/Unable to guarantee their grading on a coin then why on earth do so many people swear by their judgment. This slabbing phenomenon is slowly taking hold in Aus and IMHO is purely a marketing tool to bump the prices on coins for dealers and coin entrepreneurs. So if the TPG's themselves cannot or are unwilling to guarantee their grades on a coin then why is there so much faith in the slabbed coins in the first place. Personally I would rather deal with dealers That I know and have their grading up to scratch or see the coin in hand and make my own judgment than trust a TPG with NO guarantee of their grading. The High costs involved in sending a coin away to get slabbed demand a guarantee of the grade/originality of the coin not a wishy washy "trust me" grading and entomb the coin in plastic. SO I say to you one and all , If you want an honest and unbiased grading of a coin simply post honest "Non enhanced" images up on this site with an accurate description of the coin and there is a wealth of knowledge assembled here to give you an honest grade on your coin without the need for the wait and expense involved with the TPG's. In my opinion ( and I am entitled to it ) the TPG's are just a bunch of parasites and we all need to be back lined to get rid of these worms  Edited by trout1105
10/27/2012 03:41 am
|
|
Moderator
 United States
56855 Posts |
Here is my Two Cents,take it for what it's worth . From what I recall when a TPG grades a coin they are giving their "professional" opinion. I forget which TPG, but the final grade is given after three pro graders agree on the grade of the coin in question,e.g. the coin is pre graded at ms 60 and pro #1 says ms60 - pro #2 says ms60 and pro #3 says ms62 the coin would have a final grade of ms-60 unless pro #3 convinces one of the other two to change their opinion. I hope that makes sense, I don't describe things well, ha-ha. John1  |
|
Page 2 of 2
|
Replies: 24 / Views: 2,912 |
Page 2 of 2
|
First Page
Posted 10/23/2012 1:55 pm
