Coin Community Family of Web Sites Join Thousands of Coin, Bullion, & Money Collectors
Royal Canadian Mint products, Canadian, Polish, American, and world coins and banknotes. 300,000 items to help build your collection! Coin, Banknote and Medal Collectors's Online Mall Join Thousands of Coin, Bullion, & Money Collectors Specializing in Modern Numismatics Royal Estate Auctions - $1 Coin AuctionsVancouvers #1 Coin and Paper Money Dealer








Username:
Password:
Save Password
Forgot your Password?


This page may contain links that result in small commissions to keep this free site up and running.

Welcome Guest! Registering and/or logging in will remove the anchor (bottom) ads. It's Free!

1786 Connecticut Copper Miller 5.7-H.1. Submitted To PCGS

To participate in the forum you must log in or register.
Author Previous TopicReplies: 18 / Views: 4,135Next Topic
Page: of 2
Moderator
Learn More...
vermontensium's Avatar
United States
16679 Posts
 Posted 04/05/2014  12:18 am  Show Profile   Check vermontensium's eBay Listings Check vermontensium's eCrater Listings Bookmark this reply Add vermontensium to your friends list Get a Link to this Reply
Higher. It's an AU details coin with corrosion. Not an XF details coin with corrosion.

My opinion of course ;)

swcoin.ecrater.com
Pillar of the Community
edweather's Avatar
United States
7375 Posts
 Posted 04/05/2014  01:20 am  Show Profile   Bookmark this reply Add edweather to your friends list Get a Link to this Reply
Let me ask a silly question. "If" one isn't happy with the PCGS grade, couldn't it be removed from the slab, and sold raw, and guaranteed to be genuine? Not sure if that would bring more or less at an auction, but at least people could judge for themselves.
Pillar of the Community
philadelphian's Avatar
United States
3253 Posts
 Posted 04/05/2014  08:17 am  Show Profile   Bookmark this reply Add philadelphian to your friends list Get a Link to this Reply
That would require trust. Trust is to the TPG system as sunlight is to vampires. Make no mistake; the purpose of a slab is not to "protect" a coin. It is a means of fusing a grade "certification" to a coin in a tamper-evident manner. Now it can be marketed as a commodity unit, bought and sold as 1786Connct/MailedBustLeft/XFDetails, instead of a unique thing of beauty. It can be traded in bulk by speculators who don't even feel the need to see the coin itself.
Of course, the slab can be removed by anyone who finds slabs to be a hideous abomination. But that's the real evil beauty of the system; as long as there's no human trust, that TPG grade becomes null and void, with fear of the evaporation of any "resale premium" the system places on it. To get this "certification" back, one must pay again; rejection of the TPG system has now doubled its profit.
Edited by philadelphian
04/05/2014 08:19 am
  Previous TopicReplies: 18 / Views: 4,135Next Topic
Page: of 2

To participate in the forum you must log in or register.



    




Disclaimer: While a tremendous amount of effort goes into ensuring the accuracy of the information contained in this site, Coin Community assumes no liability for errors. Copyright 2005 - 2026 Coin Community Family- all rights reserved worldwide. Use of any images or content on this website without prior written permission of Coin Community or the original lender is strictly prohibited.
Contact Us  |  Advertise Here  |  Privacy Policy / Terms of Use

Coin Community Forum © 2005 - 2026 Coin Community Forums
It took 0.23 seconds to rattle this change. Forums