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Is This Grading A Normal Grading For PCGS ?

 
 
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Pillar of the Community

United States
632 Posts
 Posted 10/09/2019  3:02 pm Show Profile   Bookmark this topic Add Panther to your friends list Get a Link to this Message
I recently ran across this coin for sale, and was a bit surprised at the PCGS rating of the coin. Is this legitimate ?

Dan



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United States
41271 Posts
 Posted 10/09/2019  3:06 pm  Show Profile   Bookmark this reply Add Coinfrog to your friends list Get a Link to this Reply
Guessing this somehow developed after the coin was slabbed?
Pillar of the Community
United States
689 Posts
 Posted 10/09/2019  3:20 pm  Show Profile   Bookmark this reply Add CoinTheTerm to your friends list Get a Link to this Reply
I agree probably developed after slabbed
Pillar of the Community
United States
5368 Posts
 Posted 10/09/2019  3:37 pm  Show Profile   Check GrapeCollects's eBay Listings Bookmark this reply Add GrapeCollects to your friends list Get a Link to this Reply
Now a details coin
My best finds: 1999-WAM:http://goccf.com/t/332161 1988-RDV-6:http://goccf.com/t/335954#2873459 1986-Off-center: http://goccf.com/t/335952
1999 WAM #2:http://goccf.com/t/338710&whichpage=1
1981 Double Struck In Collar: http://goccf.com/t/350199&whichpage=1
ANA id: 3194067
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If you want to buy something or sell something or just talk, shoot me a PM!
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United States
24550 Posts
 Posted 10/09/2019  4:16 pm  Show Profile   Check Errers and Varietys's eBay Listings Bookmark this reply Add Errers and Varietys to your friends list Get a Link to this Reply
Yep. Now it's not worth as much.
More information about Die Deterioration? http://goccf.com/t/317950
Retired U.S. Mint Coin Die Set information. http://goccf.com/t/302961
Machine Doubling Tutorial. http://goccf.com/t/332421
Die states progression on coins. Scroll down, so you can see the different die state progressions. http://goccf.com/t/325638
Die Deterioration Doubling Tutorial. http://goccf.com/t/336470
Split Plate Doubling Tutorial. http://goccf.com/t/357614
2000 P LMC With Retained Struck Through error. http://goccf.com/t/357080
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United States
17351 Posts
 Posted 10/09/2019  6:58 pm  Show Profile   Bookmark this reply Add moxking to your friends list Get a Link to this Reply
Worth a fraction of what it was worth.

Can any grader say "Ka-CHuuu"
Pillar of the Community
United States
632 Posts
 Posted 10/10/2019  2:28 pm  Show Profile   Bookmark this reply Add Panther to your friends list Get a Link to this Reply
One just doesn't expect to see this after the fact. Does PCGS keep any type of photographic proof of the condition of a coin at the time it was graded. I imagine that would be practically impossible.
What does everyone think PCGS would do if the coin were sent back to them ?
This is somewhat disturbing, considering I would imagine This did not happen at PCGS, or did it ? Are the slabs easy to open, or do you pretty much destroy them if you attempt to open them. They should not be easy to open. This is a perfect example of why. Someone could easily exchange a coin and retain the original. Please assure me this is not that easy to accomplish !
If this in fact this somehow is deceptive, MY faith in PCGS or NGC, ANACS, just took a HUGE hit.

Dan
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United States
544 Posts
 Posted 10/10/2019  3:07 pm  Show Profile   Bookmark this reply Add Gincoin43 to your friends list Get a Link to this Reply
Dan, I don't buy slabbed coins, but if the brief time I have been looking at them, I've seen mislabeled, misgraded, an improperly attributed coins, I've seem several people go e the advice "buy the coin not the slab" and that is probably good advice.

Chris
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United States
632 Posts
 Posted 10/10/2019  3:26 pm  Show Profile   Bookmark this reply Add Panther to your friends list Get a Link to this Reply
This is somewhat disturbing. I thought those Grading Services were the one solid player in coin collecting. I never even imagined a possibility of tampering with them.

Dan
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United States
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 Posted 10/10/2019  4:30 pm  Show Profile   Bookmark this reply Add T-BOP to your friends list Get a Link to this Reply

Quote:
Dan, I don't buy slabbed coins, but if the brief time I have been looking at them, I've seen mislabeled, misgraded, an improperly attributed coins, I've seem several people go e the advice "buy the coin not the slab" and that is probably good advice.

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 Posted 10/10/2019  4:38 pm  Show Profile   Bookmark this reply Add Gincoin43 to your friends list Get a Link to this Reply
Wow I should have proof read that. Stupid phone.
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 Posted 10/10/2019  4:45 pm  Show Profile   Bookmark this reply Add IndianGoldEagle to your friends list Get a Link to this Reply
This coin would have never been slabbed by PCGS with that corrosion spot that large. Chances are it was just a speck. Just shows that slabs are not air tight so the coins may change over time.
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