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Wcg /World Coin Grading Alert

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missingsf's Avatar
Norway
3 Posts
 Posted 03/29/2012  03:12 am Show Profile   Bookmark this topic Add missingsf to your friends list Get a Link to this Message Number of Subscribers
I wanted to alert the forum that I just received two Morgans from Hungry graded by World Coin Grading. One was a rare date 1890CC the other a common date 1897 coin. BOTH were electroplate copies. Both were graded MS66. Both were rubbed to give a DMPL look. This tells me that A. WCG has no business grading coins. B. that as silver continues to rise in price it is becomming more profitable to fake buyers with less valued coins and C. invest in any type of magnification to aid in your coin identification. Being an electroplate copy the coins were of high 'copy' caliber, museum quality, with the 'electroplate' copy attributes clearly evident under a scope. The Signs are raised ruff surfaces throughout. Harsh polishing marks, slight loss of detail. Under average eye sight grading these coins looked good enough to (re)submit. I'm just glad I caught it before I waisted money on a body bag. So, caution to the wind.
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SteveCaruso's Avatar
United States
1796 Posts
 Posted 03/29/2012  09:15 am  Show Profile   Bookmark this reply Add SteveCaruso to your friends list Get a Link to this Reply
Take solace in the fact that WCG now seems defunct. Their website has been down since 2010:

http://web.archive.org/web/20100328213238/http://www.worldcoingrading.com/

On a less depressing note, would you consider submitting those two coins to The Black Cabinet?

(Afterthought: Perhaps I should get a section up on The Black Cabinet to track bottom tier coin graders?)
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United States
3184 Posts
 Posted 04/01/2012  06:01 am  Show Profile   Bookmark this reply Add mkman123 to your friends list Get a Link to this Reply
I only trust NGC, PCGS or Anacs
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