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PCGS Must Be Desperate . Hmm ?

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 Posted 08/10/2020  10:23 am Show Profile   Bookmark this topic Add T-BOP to your friends list Get a Link to this Message
283635427176
It just doesn't make any Cents to me .
Certification # is legit . No errors , no varieties . Nothing but a common brown wheatie .
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 Posted 08/10/2020  10:45 am  Show Profile   Bookmark this reply Add USSID18 to your friends list Get a Link to this Reply
Why would PCGS be desperate?
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 Posted 08/10/2020  10:47 am  Show Profile   Bookmark this reply Add John1 to your friends list Get a Link to this Reply
( I'm no pro, it's just my humble opinion )
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 Posted 08/10/2020  11:22 am  Show Profile   Bookmark this reply Add Zurie to your friends list Get a Link to this Reply
If I found that in a bag of wheaties, I doubt I would have even set it aside....
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 Posted 08/10/2020  11:24 am  Show Profile   Bookmark this reply Add panzaldi to your friends list Get a Link to this Reply
my question is. who would waste $$ grading this?
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 Posted 08/10/2020  2:03 pm  Show Profile   Bookmark this reply Add dave700x to your friends list Get a Link to this Reply
Look who the seller is, edynamicmarketing, The king of questionable toning....

edit to add - this offering sums it up for edy - https://www.ebay.com/itm/2015-P-Aus...AOSwVD9cr0mu
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Edited by dave700x
08/10/2020 2:05 pm
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 Posted 08/10/2020  2:04 pm  Show Profile   Bookmark this reply Add CentSearcher to your friends list Get a Link to this Reply
who knows...
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 Posted 08/10/2020  2:15 pm  Show Profile   Bookmark this reply Add keith12 to your friends list Get a Link to this Reply

Quote:
my question is. who would waste $$ grading this?

Someone that knows no better
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 Posted 08/10/2020  3:37 pm  Show Profile   Bookmark this reply Add T-BOP to your friends list Get a Link to this Reply

Quote:
Why would PCGS be desperate?

For the audacity to take submitters money to grade and slab this Lincoln .
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 Posted 08/10/2020  6:58 pm  Show Profile   Bookmark this reply Add KYCopperCoins to your friends list Get a Link to this Reply
What ticks me off is that they'll tag a coin questionable color when it is nearly mint red at times, but straight grade a coin like that, probably because it has no real value, but a semi key or key wheat should be regarded differently.
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 Posted 08/10/2020  7:08 pm  Show Profile   Bookmark this reply Add Adam_E to your friends list Get a Link to this Reply

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For the audacity to take submitters money to grade and slab this Lincoln .


I dont think it should be PCGS's responsibility to determine what should or should not be graded, I'm pretty sure people send in near worthless coins all the time. For example, if someone were to come on this forum with an obviously damaged coin thinking it were an error, and submitting it to PCGS anyway desbite out advice, I have no problem with PCGS taking their money and sending the coin back designated as damaged.
Edited by Adam_E
08/10/2020 7:09 pm
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 Posted 08/10/2020  7:50 pm  Show Profile   Bookmark this reply Add Zurie to your friends list Get a Link to this Reply
He's a seller of artificially toned coins. My guess is that he buys cheap slabbed coins and then somehow gasses them in the slab so they get some color. That would explain why ugly coins are in a slab, but obviously not why they were sent to PCGS in the first place. Here are a couple more from the same seller.

273775438556

283425044475
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 Posted 08/10/2020  9:07 pm  Show Profile   Bookmark this reply Add T-BOP to your friends list Get a Link to this Reply

Quote:
My guess is that he buys cheap slabbed coins and then somehow gasses them in the slab so they get some color. That would explain why ugly coins are in a slab, but obviously not why they were sent to PCGS in the first place.

I have to disagree with your theory . I don't see how anyone can think that coin has good toned color . And I don't believe this seller sent it off to PCGS for grading and slabbing . BTW , who in their right mind would buy a slabbed common date & mint 1946 crappy looking Wheat cent graded MS-61 , when you can buy a full red MS-64 for a few bucks ?
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 Posted 08/10/2020  9:43 pm  Show Profile   Bookmark this reply Add Zurie to your friends list Get a Link to this Reply
I didn't say the color looked good! I suspect these aren't his finest works--probably his rejects that turned out poorly. If you can buy a slabbed mint state coin that someone is dumping for a buck, artificially tone it, and turn around and sell it for $50, that's a pretty good (albeit unethical) business model. He's got over 15,000 feedbacks, so he must be having some success...
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 Posted 08/10/2020  11:52 pm  Show Profile   Check BadThad's eBay Listings Bookmark this reply Add BadThad to your friends list Get a Link to this Reply

Quote:
What ticks me off is that they'll tag a coin questionable color when it is nearly mint red at times, but straight grade a coin like that, probably because it has no real value, but a semi key or key wheat should be regarded differently.


Indeed - NGC too.
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 Posted 08/11/2020  8:42 pm  Show Profile   Bookmark this reply Add Suomi to your friends list Get a Link to this Reply
The coin is probably not the same one in the holder, hence why theres only 1 photo
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