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Newbie Buffalo Grading Results

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Pillar of the Community
United States
1626 Posts
 Posted 09/06/2006  10:36 pm  Show Profile   Bookmark this reply Add Tpatna to your friends list
4 - 70's
6 - 69's
Valued Member
United States
397 Posts
 Posted 09/07/2006  08:33 am  Show Profile   Bookmark this reply Add morganman to your friends list
If you own a TV show and submit 1000's of coins,
9 70's and 1 69.

If not 1 70 and 9 69's.

MM
Edited by morganman
09/07/2006 08:34 am
Pillar of the Community
United States
1703 Posts
 Posted 09/07/2006  09:33 am  Show Profile   Bookmark this reply Add TLS5933 to your friends list
All 69's
Pillar of the Community
United States
2365 Posts
 Posted 09/07/2006  09:55 am  Show Profile   Bookmark this reply Add dsking to your friends list
All submitted together? I'll go with the 7-69's and 3-70's.
Bedrock of the Community
United States
14454 Posts
 Posted 09/07/2006  09:58 am  Show Profile   Bookmark this reply Add Bryan1315 to your friends list
quote:
Originally posted by Susanlynn9

One 70 and nine 69's.



I will go with this responce because I would be very suprised if PCGS would let more than 1 out of 10 get the 70 grade no matter how nice they were
Valued Member
United States
394 Posts
 Posted 09/07/2006  10:22 am  Show Profile   Bookmark this reply Add Berry to your friends list
quote:
Originally posted by MightyMike

For some of you who may recall, I posted a question about 2 months ago the gist of it was whether there may be prejudice in grading of coins because you were a novice. You may recall that I purchased 10 buffalos from the mint. Well I submitted the 10 to PCGS because it appeared from what I learned from you that they were the most conservative based and also because their grading may have a greater resale value.

I will post the results tomorrow evening. But just for fun, does anyone want to guess how many, if any, came back at 70 and how many came back at 69? Note: All were graded at 69 or 70.

Once again, I thank those of you who responded with your insights and kindness. Take care.



MightyMike,
If these were purchased directly from the mint and has all the packing and COA items and no damage to any of the containers, why get them slabbed at all? Personally, I would rather have a coin fresh from the mint in all of its original packing, etc. than something in a "slab". There are reasons for slabs that have been propounded on this site, but in addition there are reasons not to have items slabbed. Of course your choice, I think the better choice for me, LEAVE THAT BEAUTIFUL COIN FREE TO BREATHE.....However it turns out, good luck in your decision.

Berry


New Member
United States
37 Posts
 Posted 09/07/2006  10:44 am  Show Profile   Bookmark this reply Add lou b to your friends list
I have to agree with Berry. I believe the grading companies are getting too much attention with some of the new coins that have come out lately. I ask you all one simple question. How can a coin be graded 'mint state' when it has been taken out of it's mint packaging? I have 4 proof buffaloes and they are all 70s. I say so.
New Member
United States
8 Posts
 Posted 09/07/2006  5:20 pm  Show Profile   Bookmark this reply Add MightyMike to your friends list
Well for those of you who guessed 4 -70's you win a gold coin!:)
I was thinking maybe 2, 3 if I was lucky. Just wondering if anyone else had similar results. Thanks
Pillar of the Community
United States
891 Posts
 Posted 09/07/2006  5:38 pm  Show Profile   Bookmark this reply Add Southern Yankee to your friends list
Congrats. Looks like it turned out good for you .
Pillar of the Community
United States
1626 Posts
 Posted 09/07/2006  5:41 pm  Show Profile   Bookmark this reply Add Tpatna to your friends list
OK..where is my gold coin....lol..
Congrats on your turnout

Tim
Valued Member
United States
394 Posts
 Posted 09/07/2006  5:48 pm  Show Profile   Bookmark this reply Add Berry to your friends list
quote:
Originally posted by Tpatna

OK..where is my gold coin....lol..
Congrats on your turnout

Tim



Well Tim, you can open your eyes now that the results are out and you nailed it on the head. I'm glad that MightyMike did get at least four graded at 70, my guess would have been one out of the ten. Good guess on your part Tim. Maybe you can wangle a half of a 70 coin out of MightyMike..... for the winning guess, but don't hold your breathe.

Berry


Bedrock of the Community
United States
14454 Posts
 Posted 09/07/2006  6:34 pm  Show Profile   Bookmark this reply Add Bryan1315 to your friends list
I disagree that leave it in the original packaging, the mint has a tendancy to use packaging that causes damage when left in there for a long period of time, and there is more to a slabbed coin than just to know what they grade, it offers protection that no mint packaging can offer, so the 70's now will be 70's down the road and not be covered with carbon spots or anything else that may be a problem for mint packaging

Congrats on the results I wouldn't have guessed it would be that high, you must have had some Beautiful coins there and I agree with your decision to have them slabbed. And since you have 4 MNS-70's from PCGS you can sell 3 of them and pay for the whole 10 you bought, and maybe have some monet left over to buy some 20th anniversary sets
Edited by Bryan1315
09/07/2006 6:37 pm
New Member
United States
8 Posts
 Posted 09/08/2006  5:40 pm  Show Profile   Bookmark this reply Add MightyMike to your friends list
Hi Bryan,
Thanks for the comments.You have aroused my curiosity. How does one go about selling the coins for the best price. What sources should I look to? Second, I would prefer to sell the 6- 69's over the 3 70's. Are the 70's worth 2 times the 69's?

Berry,
You suggested that I split a coin but that I would not be willing to do that. I may be willing but I don't know how to split a coin evenly. Is there a special saw? And most importantly, if I do that is the sum of the parts greater than the whole?

If you couldn't tell, this was said purely tongue in cheek and I hope it put a few smiles on peoples faces.
Thanks
Pillar of the Community
United States
1203 Posts
 Posted 09/08/2006  5:59 pm  Show Profile   Bookmark this reply Add OldDan to your friends list
Well, it sure made me grin!
New Member
United States
37 Posts
 Posted 09/08/2006  6:58 pm  Show Profile   Bookmark this reply Add lou b to your friends list
A comment to Bryan 1315. I have proofs from 1956 on up and not one of them has ever toned in any way. Gold sits at the bottom of the ocean for hundreds of years and does not change color. All of the grading company's slabs have been tested and none of them have an air proof seal. So it is pretty difficult for me to accept your theory. By the way, how on earth would carbon spots form on a gold coin?
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