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 Replies: 18 / Views: 2,287 |
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New Member
Canada
22 Posts |
Hello, Not sure if I'm in the correct forum because I don't collect US coins, but long story short, I submitted my 1909 cent to PGCS for a free grading and it came back non capsulated with a sticker comment "Planchet Flaw". So, my question is "Is this good or bad news?". Thanks for your comment(s). P.S. I found that beat up coin in pocket change and north of the border. |
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Pillar of the Community
Netherlands
626 Posts |
Google: Quote:
3. Planchet Flaw - Raised metal, missing metal, peeling metal and annealed planchets are just a few of the mint made flaws which, if large enough, will disqualify a coin from encapsulation.
Grease in the dies, clashed dies, die cracks and die scratches are another story. The grading services will almost always grade coins with these problems, even if they are rather severe. However, if these problems detract from the coin's appearance, the services might lower the final grade by a point or two. MORE HERE: http://www.coingrading.com/ynotgrade1.html |
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Pillar of the Community
Netherlands
626 Posts |
Maybe you have a picture of the coin in question, that might be more helpfull to determen what kind of flaw it is.
And if it might be worth something after all, I don't know how this grading buisness is being handled so can't really say more. But I bet you some folks here will help you :)
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Pillar of the Community
United States
1081 Posts |
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New Member
Canada
22 Posts |
Lincoln Wheat cent. It is beat up. Probably grade at G6 or VG8 |
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Moderator
United States
23522 Posts |
I am dropping this in what I believe to be the more appropriate forum.
"Planchet Flaw" is not a feature which would cause PCGS to fail to slab your coin. Some other factor must have presented itself - corrosion, alteration, cleaning. There should be a numeric code, somewhere between 90 and 100, if I recall, which will define why they refused to grade.
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New Member
Canada
22 Posts |
Alsmost a decade old number, but yes there is one (I'll provide tomorrow).
Thanks
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Pillar of the Community
United States
1506 Posts |
what does it normally cost to get a coin rated?
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Pillar of the Community
United States
7629 Posts |
Not sure why you would pick that coin to send in to a grading company, but whatever works for you. You do realize that it would be worth a maximum of a few dollars even in the holder...right?
PCGS will not grade coins that have flaws, even if they came out of the mint that way. NGC will grade them though, with the perfectly logical understanding that they did come from the mint that way. I have never undestood the rationale of PCGS in doing things the way they do.
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New Member
Canada
22 Posts |
Quote coppercoins : ....but whatever works for you
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As I said in my original post, free grading. That is why.
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Bedrock of the Community
United States
18561 Posts |
Free or not, it'd be a waste to send a G or even AU 1909 Lincoln to PCGS for grading. A good rule of thumb, "free" or not, is the coin should be worth at least $150 after it's graded.
Lincoln Cent Lover!
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New Member
Canada
22 Posts |
Quote: ....Free or not, it'd be a waste...
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Well, I somewhat disagree. It's fun to have some noodle-scratchers. I have a few "wt heck, why?" coins, but I never spent the $$ for certification. I can just imagine the grading company employee looking at the paperwork!
Anyway, the non-slabbed number is 2431.93/21180712
Thanks for reading,
MR
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Bedrock of the Community
United States
18561 Posts |
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New Member
Canada
22 Posts |
Thanks. What is meant by 'Holdered' ?
For code 93, it should have been encased in a holder?
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Valued Member
United States
268 Posts |
I dont know if I am correct on this. I think that PCGS not to long ago changed its policy of what they will holder and wont. It use to be any of the codes listed they would not holder the coin. As of this time for code 93 they would holder it, at least thats what I have read.
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New Member
Canada
22 Posts |
Correct. Quote:
This coin was submitted prior to our genuine program being introduced. The coin was submitted prior to 2008, if the coin was sent in now and was graded the same we would place it into a genuine holder (as long as it does not go through our Secure + line). |
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Replies: 18 / Views: 2,287 |
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Posted 12/21/2010 12:09 pm
