PCGS MS-70 ASE

So sorry for your misfortune. I have read sooo many horror stories of buying MS70 coins. So little wiggle room in price to product. I've recently started an ASE collection myself. Well 2 of them actually... One will consist of MS69 proofs when possible and coins. But they will be MS69 or better. I say or better, because IF I can find a MS70 for around 69 pricing there is a good chance I'll pull the trigger. The other is going to be raw of the best qualities I can find at a fair price.

Good luck!

This is quite common. I got a box of 20 too and about 1/3rd have various degrees of minor blemishes. You have to understand that these are "shotgun" graded BY THE MONSTER BOX using the most green rookie graders they have so I assume there is language in their guarantee policy that excludes these or they just don't think many will bother to resubmit them under their guarantee. I must say though that I am appalled at how many are obviously not 70 at a glance but when a monster box is put in front of a first day grader and he's told to be done in an hour this is what happens unfortunately. And another unfortunate is that because of this any 70 newer 5han probably 2009 or so will not appriciate in value like previous years

John1,

"I don't see an added premium for that kind of damage. Good luck with whatever you choose to do."

Thank you for taking the time to look at the pictures. I am awaiting a response from Joseph at PCGS after he gets a chance to see the pictures himself. At that time I will most likely be sending them back along with an other one I found to be regarded and refunded.

Thanks again

"I wouldn't mess with PCGS and instead would return them to the seller for a refund. Have you contacted the seller?"

Thank you for you comment but I have contacted the seller and we have passed the return deal for I chose to get a great deal on a second set he inspected before shipping. All in All I have learned my lesson and will most likely never do this again. Funny, like my first post states I was am even more now a skeptic of the whole grading thing. Just seems to me there is way to much room for error to trust someone else to say its grade but I get what it means to collectors. Just not me. Thanks again

"I hope it doesn't sour you to the hobby though and I suggest just selling them on ebay and rolling the cash over to something else."3

I am still considering keeping them for my collection but selling them I feel I would be taking someone else for granted and be sticking them with poorly graded coin seeing I know full well. I really wouldn't like doing that and risking my reputation. Though it be small it's still not worth it. I get what you mean about them being shotgun graded and before I even got to into it that was one of my thoughts. However it still doesn't mean it is right. As far as souring me to the hobby I love silver, bullion, coins, raw, bars, collectable round, shot, hand poured, ect, ect, ect. As for coins only I enjoy them but it is way deeper than what I am willing to put into it. I got the two boxes to hopefully use for a future flip profit. After that I enjoy the beauty of silver coins and appreciate the value but I try not to take it that seriously. All in all like you said it is what it is and in the end I learned something from it. Key thing though is I will not lose money on them and if having to send them back to PCGS and get the difference in grading I will take the time to do so for The gentleman I have talked to said I was covered. No sweet of my brow.

Once again thanks for your comments I really do appreciate the kind responses.

Cascade,

Thank you again, I will keep you posted on my outcome with PCGS. It seems you know a lot when it comes to dealing with them, and I have a feeling it hasn't been pleasant, maybe I am wrong. I have reached out to them for a third time since the first response from Joseph and explained I am not at all happy with how they/he is handling my issues. Never mind it took him a week and half to respond to my very first inquiry regarding the quality.

The information about the market knowing about the subpar 70s you gave me is great. I wouldn't have known this and now I do and that is awesome.

Once again I am very grateful for your wisdom and I will keep you all updated on the PCGS outcome.

I know this is an old post, but pretty much going through the same thing right now. Got several MS69 and MS70 Eagles and they look awful. I contacted APMEX and PCGS. Waiting for a reply.

2020P Eagle MS69 grading