PCGS 70 Grade 20th Anniversary Silver Eagle Set No!

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Author	Replies: 8 / Views: 1,674
Marv New Member United States 33 Posts	Posted 01/10/2007 04:11 am PCGS will not grade any ASE MS70 so it will be impossible to obtain a complete 20th Anniversary set graded 70 at PCGS. Here is the PCGS statement... Question: Why doesn't PCGS grade Silver American Eagles in MS-70? Answer: The chemical rinse that the U.S. Mint uses on these coins can cause white spots to develop over time. In most cases, the spots cannot be removed. Until that problem is resolved, the responsible choice for PCGS is to stay away from the MS-70 grade, even though some technically perfect examples exist. -- Ron Guth, PCGS President Located Here... http://www.pcgs.com/ezine/2006/coins_oct06_06.html Report this Post to the Staff

SE Valued Member United States 256 Posts	Posted 01/10/2007 06:30 am Isn't this an old process that has always been used on the ASE's? I have older ASE's that show these white "spots". It never seemed to stop the TPG's from handing out MS-70 grades before. After the "first stike" controversy of '06, it looks like PCGS may have made a few New Year's resolutions! Report this Post to the Staff
AuldFartte Pillar of the Community United States 830 Posts	Posted 01/10/2007 10:36 am Lemme see if I understand this: PCGS is NOT going to give any "70" grades to MS ASEs because of POSSIBLE future "spots" developing. Uh huh. And where did they get their crystal ball ? Report this Post to the Staff
kg2blade Valued Member United States 84 Posts	Posted 01/10/2007 6:36 pm quote: Uh huh. And where did they get their crystal ball ? Off of E-bay, and it was graded ms70 by SGS Report this Post to the Staff
RangerXLT8 Valued Member United States 208 Posts	Posted 01/10/2007 6:49 pm Shoot, I got a 1996 ASE with these spots and went back to the ebayer all perturbed that the coins was bad. Whatever it's in the past and it only cost me 46.00 Report this Post to the Staff
SsuperDdave Moderator United States 23522 Posts	Posted 01/10/2007 7:15 pm PCGS has been burned repeatedly by these white spots based on having to honor their guarantee. I can fully understand their position. Report this Post to the Staff
amac44 Member United States 3242 Posts	Posted 01/11/2007 07:06 am PCGS wants to have the best coin on the market but they will never do it. Its too hard too be 1st all the timesomeone will pull there chain sooner than later in court Report this Post to the Staff
Guido Valued Member United States 390 Posts	Posted 01/11/2007 11:08 pm If that's the case (which I don't doubt), then how come there were all those first strike 70 sets on ebay? Something is weird here. I have lost all respect for PCGS in the time I've been collecting coins (less than a year now). I don't care if their coins are worth more than an NGC slab, I just don't like all this stuff going on with them. Bahhh..... Report this Post to the Staff
SE Valued Member United States 256 Posts	Posted 01/12/2007 06:05 am Edited by SE 01/12/2007 06:05 am Report this Post to the Staff
	Replies: 8 / Views: 1,674

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