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What Has Been Your Worst Grade Experience With A Third Party Grading Company?

 
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Author Previous TopicReplies: 8 / Views: 660Next Topic  
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United States
108 Posts
 Posted 08/02/2020  1:03 pm Show Profile   Bookmark this topic Add Hidalgo to your friends list Get a Link to this Message
What has been your worst grading experience with a Third Party Grading ( TPG) Company? I've read different experiences on different websites.

Usually, reports tend to be favorable. Such positive reviews tend to distort the services a TPG may provide - as I'm certain, none of them are perfect.
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United States
8096 Posts
 Posted 08/02/2020  1:08 pm  Show Profile   Check GrapeCollects's eBay Listings Bookmark this reply Add GrapeCollects to your friends list Get a Link to this Reply
Which story do you want? I've got many lol. I've almost entirely stopped using NGC because if you send in a coin with any degree of color they instantly call it AT. I've sent in 9 coins with significant toning to them in the last 5 months all were given AT labels. 7 were cracked and went PCGS and all straight graded. Heck, one of them that got AT I sent in the original mint packaging! Like! What!
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
My Type Set: https://www.NGCcoin.com/registry/co...sets/236574/
If you want to buy something or sell something or just talk, shoot me a PM!
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2616 Posts
 Posted 08/02/2020  2:58 pm  Show Profile   Check Yokozuna's eBay Listings Bookmark this reply Add Yokozuna to your friends list Get a Link to this Reply
I'm not sure if this really qualifies for what you're asking, but it's my worst result from PCGS.

Here's a 1909-(P) VDB that came back with Uncirculated "Details" and "Tooled Edge." While it was disappointing, I'm sure it was correct. The edge of the coin shows an area that has been sanded and buffed. No idea what was there, but it someone tried to cover it up.

This has taught me that there are three sides to a coin, not just two.

Click the picture for a larger image
The first US coin motto was found on a 1792 half disme and read: "LIB (erty) PAR (ent) OF SCIENCE & INDUSTRY"

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3488 Posts
 Posted 08/02/2020  6:03 pm  Show Profile   Bookmark this reply Add BStrauss3 to your friends list Get a Link to this Reply
I have a 3CS that the blind squirrel grading company called VG8. It's actually XF-40 and they also missed the significant RPD.
-----Burton
46 year / Life ANA member (joined 12/1/1973)
Life member: Numismatics International, CONECA
Member: TNA, FtWCC, NETCC
Owned by four cats and a wife of 35 years (joined 1983)
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United States
6889 Posts
 Posted 08/02/2020  6:04 pm  Show Profile   Bookmark this reply Add Earle42 to your friends list Get a Link to this Reply
The more I dig into the companies, the less and less I am impressed with them. They started out being seen as a sham way to make money off of the hobby. Other countries even looked at us as foolish Americans for having too much spending money and paying self proclaimed "experts" to tell us something we could figure out for ourselves! And now we have people paying the CAC "experts" to evaluate the TPG "experts'" opinions! What is next?






All joking aside:

Here are some posts form other threads plus a small bit of my own research thrown in:
http://goccf.com/t/346174#2967242

Words from a respected CCF Family memeber who, sadly, is no linger with us.http://goccf.com/t/130186


Collect what you like, but remember to buy the coin and not the slab.
The slabbed Half dollar No G farce: Download No-FG half vs. Grading Company Claims report here:
https://tinyurl.com/yalrstjz or higher resolution version: https://tinyurl.com/y7rksxu8

- How much squash could a Sasquatch squash if a Sasquatch would squash squash?
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299 Posts
 Posted 08/15/2020  1:01 pm  Show Profile   Bookmark this reply Add freddo30 to your friends list Get a Link to this Reply
Earle42, I absolutely love your 'photo'. It's not as far fetched or comical as some may think. It may be the next big thing. As the feeders line up to shove the next 'big thing' down my throat, you've issued a very clear warning to the sheep : "do not get in line in front of the slaughterhouse".
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 Posted 08/15/2020  4:31 pm  Show Profile   Bookmark this reply Add Earle42 to your friends list Get a Link to this Reply
Thanks - that's my goal!

I find it sad that when slabbing first started out, I remember joking with some other collectors in the area that, "watch, someone will come up with a scheme for making money for evaluating the slabbing company 'experts" opinions.
But we knew (this is not being mean, this is being factual of what we said back then) that no one would ever stupid enough to fall for a second tier of evaluation. Oh well
Dare I say, we can look back and CACkle?

If someone understands the facts behind the slabbing companies and still likes slabs, I say all the more power to them. A hobby is about fun. And the fact is that slabs can make for a great presentation and organization.

I just do not appreciate that people have been brought to believe these companies are what their marketers claim they are. until they get a verifiable and scientific system up and going (it IS 2020 isn't it?) instead of taking money for a non-verifiable product, I personally will continue to see them as taking advantage of people.

In fact I can see one day the marketers finally deciding the companies have milked the system enough and will then start a new campaign to be paid to re-slab EVERYTHING all over again:

New and Improved! Our company has moved into the new millennium (finally after the tech was available in the '90s)": LSCDG (Laser Scanning and Computer Diagnostic Grading) is here (again - we got rid of it in the 90s - too final). How you can sleep at night knowing your coins graded by the old subjective system may not have the actual/verifiable grade they deserve to have on their slab?
Special - send in your old slabs (plus any priceless heirloom) and we will re-slab them all for only twice the price you originally paid! You will forever have the assurance you have THE correct grade (until we change our grading algorithm in the computer next time we want to get money from re-slabbing everything again).

The slabbed Half dollar No G farce: Download No-FG half vs. Grading Company Claims report here:
https://tinyurl.com/yalrstjz or higher resolution version: https://tinyurl.com/y7rksxu8

- How much squash could a Sasquatch squash if a Sasquatch would squash squash?
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1489 Posts
 Posted 08/15/2020  5:51 pm  Show Profile   Bookmark this reply Add jmkendall to your friends list Get a Link to this Reply
My buisness partner was an Anacs and later NGC grader "back in the day". I got a really nice 1879-O Morgan. Well struck, PL, no significant marks on it at all. My partner said "Send it in. It is an easy "66", with a serious shot at a 7 holder".

So, I did. It came back as an AU-58. My partner said "I was afraid of that. With the census that low, they didn't want to affect the value of the one coin already there". The real "tell" is when you get an offer for your coin.

And sure enough.....
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2930 Posts
 Posted 08/24/2020  11:10 am  Show Profile   Bookmark this reply Add hfjacinto to your friends list Get a Link to this Reply
This was my worst one ever. I purchased this assuming it was graded correctly. How was this not detailed?

Edited by hfjacinto
08/24/2020 11:11 am
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