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 Replies: 35 / Views: 3,742 |
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Valued Member
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371 Posts |
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Pillar of the Community
United States
709 Posts |
Quote:
Is it just me or is PCGS more stingy about PL (proof Like and DMPL (Deep Mirror proof Like) grades than NGC? Yes, very much so. Edited by Ozland
02/08/2011 9:14 pm
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Valued Member
United States
371 Posts |
Perhaps it is worth a resubmission?
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Pillar of the Community
United States
3076 Posts |
Every time they let another high value coin PL or DMPL into the equation:(into the number of already known and graded coins) there population increases... AND the overall prices will fall for there are now more available.. TO PROTECT there already given values, the only way to control the pricing is to hold back the possible coins that could move up into the top tier positions....Over all the top TPG's have tightend up there standards.....to the point that many coins already graded would never make the grades they now assigned.....It's quite a quagmire... |
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Pillar of the Community
United States
709 Posts |
Quote:Over all the top TPG's have tightened up there standards.....to the point that many coins already graded would never make the grades they now assigned.....It's quite a quagmire... What Gene is refering to is since the inception of the third party grading companies such as PCGS and NGC, they started out grading quite conservatively. Over the years their standards loosened up to where it very noticeable that early graded coins could be cracked out and resubmitted with a higher than average likelihood of being upgraded to a higher grade. In fact many astute dealers and collectors took advantage of this gradeflation and made quite a lot of money from it. The PCGS coin that is being referenced at MS 64 could at any time since it was slabbed easily have been MS 65. That is the difference we are talking about. Many high dollar coins have BIG jumps from MS 64 to MS 65. Edited by Ozland
02/08/2011 10:49 pm
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Pillar of the Community
United States
4989 Posts |
It is hard to grade from photos. It would not surprise me if, in hand, this one looks more like an MS-64. The photos did show some hits on the cheek and some dark toning on the obverse center which may have cost the coin a bit during its "20 second" grading window.
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Pillar of the Community
 United States
2448 Posts |
Wow, I still think she a beaut! There must be more than just one mark on her cheek that is hard to see in the photo. Listen, if you really feel bad about her, I'll "cast myself onto my sword" and accept her into my collection.
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Pillar of the Community
United States
2541 Posts |
It's a great looking coin even if PCGS doesn't think it deserves a 65 or a PL...
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Pillar of the Community
United States
2448 Posts |
I'm still amazed, I've seen 65s and 66s that looked worse.
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Valued Member
United States
371 Posts |
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Rest in Peace
United States
5375 Posts |
Undergraded IMO, it just has 65 appeal minimum.
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Pillar of the Community
United States
3640 Posts |
I think they got it pretty much correct. In reality a 63 but netted a 64. In regards to proof like surfaces below is a guide that I have used for years. It is tough to measure PL coins by a pic. Just print it out and try it. It works very well. Here's more fun for you. All of the terms used for these surfaces. SL, SPL, PL, DPL, DM, DMPL Having fun yet ?  satin like, semi proof like, proof like, deep proof like, deep mirror, deep mirror proof like. http://coingrading.com/plcoins1.html |
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Valued Member
United States
371 Posts |
Uh.... WOW, I need to try that out...  |
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Pillar of the Community
United States
3076 Posts |
MS 64 was a fair grade for that coin, the hits on the cheek and nose would easily hold it back from an MS65 grade, 1881-S was well known for magnificent strikes, and "ONE MUST CONSIDER" the year and mint mark before applying the usual generic grading standards, the TPG's do.... |
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Valued Member
United States
371 Posts |
Exactly. Some Coins may typically have weak strikes like some of the New Orleans issues. However, as for Proof-like, definitely a possibility.
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Posted 02/08/2011 9:08 pm
