PCGS Crossed From ICCS

PCGS didnt grade them at all....i requested them not be holdered by PCGS if they didnt meet equal grade. they will return them in existing ICCS holders. Just $ down the drain thats all.

I am just curious - it seems that you got these graded since you had hoped that they would be MS65 coins. Yet they came back 64's. Why did you decide to have them re-graded when they are in my opinion, common date except for the 1945 half?

These coins were sent in for collection continuity, as all others in my collection are graded by pcgs. Intent wasn't to move up a grade, just to have them crossed at same grade ms-64. These had been sitting around for awhile, just thought i'd have them crossed as I felt they were solid 64's.

Why would you be upset with a company that is known to be conservative technical graders just because a known market grader disagrees with them? ICCS gave their subjective opinion that the coins were MS-64, you agreed with them that the coins were a solid MS-64. In comes PCGS, a publicly traded corporate entity, whose legal obligation in this country is to promote the best interests of their investors (ie: profit!).

Coinciding their business model with the best interest of the collector only occurs when it is also in the best interest of their investors. Crossing over your coins does not do so. They already got your money with no obligation to you to holder the coins at all.

PCGS profited. That's what they are in the business to do. So, really, in my opinion, you should be upset with neither ICCS nor PCGS. Grading is subjective to each company's bias in grading standard. It is much the same as it was between PCGS and DGS. DGS coins would not necessarily cross to PCGS because DGS was a claimed technical grader while PCGS is a claimed market grader.

When the market itself changes, then perhaps the ICCS graded coins will cross into PCGS slabs. But at this time, if PCGS is any true indicator of the market, it appears that the market has higher expectations for coins graded MS-64.

As DBM said, perhaps the eye appeal just wasn't there. The market has been flooded with new entrants into this hobby over the past decade in the U.S. due to the State's Quarters Program. There are quite a few "newbies" out there that do not yet understand grading and are "Ooh-ed" and "Ahh-ed" by the "purdy shiny" round pieces of metal.

Like it or not, these same people are part of the "market" which drives the market graders such as PCGS and NGC. It is not even necessarily a situation where these TPGs are "inconsistent" so much as they are driven by market acceptance.

I would suggest that it may be worth your while to be patient until these specimens you are looking for appear on the market in PCGS MS-64 holders. It will most likely take much much longer to complete your set, but I would assume it may save you a lot more money and heartache in the long run.

Americans are a highly insular lot - and coin collectors tend to be quick anal about ... well, grades. Combine the two, and it's no surprise that they're downgrading foreign currency.

Anyone remember the pariah TPG that let you tell them the grade you thought it was, and if you were anywhere close, would grade to your specs?

Was the request to not grade if PGCS < ICCS or if not equal?
If specifically not the same grade would also mean you rejected MS-65 or better.

Rodime...being canadian I'd love to agree with you on the point of Pcgs downgrading foreign currency, but I've cross graded many coins from ICCS and NGC to PCGS and besides one coin out of 40-50, this hasn't been an issue. There lies the confusion in 4/4 being unable to cross at equal grade. I wish I had the coins back in hand for pics, but they are on there way back from Cali.