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PCGS Is Getting Pretty Sloppy

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BH1964's Avatar
United States
10982 Posts
 Posted 09/23/2014  3:05 pm  Show Profile   Check BH1964's eBay Listings Bookmark this reply Add BH1964 to your friends list Get a Link to this Reply

Quote:
Which one is the fake?


Both might be fake. The slab/hologram/prong style suggests something that was not encapsulated by PCGS.
ANA #R3154474
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trout1105's Avatar
Australia
7096 Posts
 Posted 09/23/2014  6:18 pm  Show Profile   Bookmark this reply Add trout1105 to your friends list Get a Link to this Reply

Quote:
Which one is the fake? I'm thinking it's the one on the right, the larger coin. Bar codes are different, as are the serials, but the fonts and slabs look exactly the same. Are they both real? I see trout1105's coin listed in the registry at PCGS cert look up database.

Weird that the coin ID is the same, as I don't know much about Australian coins I'm curious now on this posted coin.


Neither of the coins are "Fake" The 1oz coin came from a 2004 masterpieces in Silver set _20 years of the dollar coin", The smaller 25mm coin came from a 2004 RAM Fine Silver Proof set.

These are coins that I submitted myself and were not purchased slabbed.
The cert # on both coins is different it's just PCGS made a huge blunder attributing the 25mm coin as a 1oz coin.

I have the entire set of 1988-Present 25mm Silver Proof $1 coins about 70 coins (except for the 2010 MOR coin) and I have gone to quite a lot of effort and expense to assemble this set.
Here is my set registry;
http://www.pcgs.com/SetRegistry/all...spx?s=124249

It is quite disappointing when this sort of thing happens .
Edited by trout1105
09/23/2014 6:33 pm
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SsuperDdave's Avatar
United States
23522 Posts
 Posted 09/23/2014  9:24 pm  Show Profile   Bookmark this reply Add SsuperDdave to your friends list Get a Link to this Reply
Holy Cow, trout. That's one heck of a collecting goal. I am in awe.
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BH1964's Avatar
United States
10982 Posts
 Posted 09/23/2014  9:33 pm  Show Profile   Check BH1964's eBay Listings Bookmark this reply Add BH1964 to your friends list Get a Link to this Reply

Quote:
Neither of the coins are "Fake" The 1oz coin came from a 2004 masterpieces in Silver set _20 years of the dollar coin", The smaller 25mm coin came from a 2004 RAM Fine Silver Proof set.....


I see. So PCGS is using their new holder (2014) without the new hologram in International markets?
ANA #R3154474
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trout1105's Avatar
Australia
7096 Posts
 Posted 09/23/2014  9:36 pm  Show Profile   Bookmark this reply Add trout1105 to your friends list Get a Link to this Reply

Quote:
Holy Cow, trout. That's one heck of a collecting goal. I am in awe.


Thanks Mate, I still have to get all my $1 al/br 25mm coins graded yet.
I have a 100 coin submission in at the moment but I still have a couple of hundred or so other coins in this set to get done yet.
Its a work in progress thing
Pillar of the Community
United States
5211 Posts
 Posted 09/23/2014  9:47 pm  Show Profile   Bookmark this reply Add jack jeckel to your friends list Get a Link to this Reply
PCGS is king.

If this coin isn't a details grade I don't know what is

The scratch by the date must be on the holder

http://www.ebay.com/itm/18146841052...RK:MEBIDX:IT

PCGS-Is-Getting-Pretty-Sloppy
Pillar of the Community
Australia
852 Posts
 Posted 09/28/2014  06:36 am  Show Profile   Bookmark this reply Add nealeffendi to your friends list Get a Link to this Reply
The coin is only a VF grade so perhaps a ding that would reduce a MS coin to details grade only causes a VF coin to drop a grade. The level of acceptable defects increase as the net grade drops. I'm sure there are experts on net grading that can better explain the specifics of what is allowable in VF coins. Still it is a big ding on an important part of the coin.
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trout1105's Avatar
Australia
7096 Posts
 Posted 10/07/2014  7:01 pm  Show Profile   Bookmark this reply Add trout1105 to your friends list Get a Link to this Reply
This happens all too often with PCGS.
They charge an extra $5 per coin for this garbage

PCGS-Is-Getting-Pretty-Sloppy

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BStrauss3's Avatar
United States
4594 Posts
 Posted 10/07/2014  10:32 pm  Show Profile   Bookmark this reply Add BStrauss3 to your friends list Get a Link to this Reply
They've slabbed 30 million items. Do you want to check error rates vs. your 5,000 posts?
-----Burton
50+ year / Life / Emeritus ANA member (joined 12/1/1973)
Life member: Numismatics International, CONECA
Member: TNA, FtWCC, NETCC, EveryCountry (online) coin club
Owned by three cats and a wife of 40+ years (joined 1983)

Author: 3rd Edition of the Sample Slabs book, https://www.sampleslabs.info/
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trout1105's Avatar
Australia
7096 Posts
 Posted 10/07/2014  10:46 pm  Show Profile   Bookmark this reply Add trout1105 to your friends list Get a Link to this Reply

Quote:
They've slabbed 30 million items. Do you want to check error rates vs. your 5,000 posts?


They have slabbed 237 of my coins so far and I have had issues with at least 30 of them.
That's better than a 10% stuff up rate.
It costs me $20-$30 per coin, out of the last 65 coin submission I will have to send 9 slabs back to be correctly attributed and wait the 2-3 moths for the coins to get back so YES I do expect a lot better performance from them
Edited by trout1105
10/07/2014 10:51 pm
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westernsky's Avatar
United States
7630 Posts
 Posted 10/07/2014  11:08 pm  Show Profile   Bookmark this reply Add westernsky to your friends list Get a Link to this Reply
In ref to the 16 quarter.....

I have always thought that PCGS gives certain clients huge breaks. Companies like Heritage, APMEX, MCM etc that submit huge numbers of coins for TPG'ing add tremendous revenue to the grading company's bottom line. You take care care of your best customers no matter what business you are in. Would be interesting to know who originally submitted the coin.

And the part in the grading companies TOS about graders not knowing whose coins they are grading? Come on man!
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Conder101's Avatar
United States
17884 Posts
 Posted 10/08/2014  1:34 pm  Show Profile   Bookmark this reply Add Conder101 to your friends list Get a Link to this Reply
The TPG's also tend to be more forgiving on key date coins. Bumping the grade a little over what the wear would indicate or ignoring problems. I have seen 16 d dimes as high as "Fine" that didn't have full rims.
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mmissinglink's Avatar
85 Posts
 Posted 11/10/2014  12:41 am  Show Profile   Bookmark this reply Add mmissinglink to your friends list Get a Link to this Reply
Not that I'm an expert by any stretch of the imagination but for a technical grade, I don't see a 66. Now eye appeal can bring up the technical grade as much as 1, as far as I understand what I'd read about eye appeal and grading by PCGS.


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tella's Avatar
Australia
102 Posts
 Posted 12/29/2014  07:18 am  Show Profile   Bookmark this reply Add tella to your friends list Get a Link to this Reply
To my understanding PCGS grades by surface condition more than eye appeal
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sel_69l's Avatar
Australia
21788 Posts
 Posted 12/30/2014  09:58 am  Show Profile   Bookmark this reply Add sel_69l to your friends list Get a Link to this Reply
I have seen trout1105's set of 25mm proof dollars, for myself, and I can tell you, that set is mighty impressive
All proof, all slabbed.
You have to break the proof sets of coins that the dollars are in, to do this.
I think even the RAM would be impressed!
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