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Replies: 39 / Views: 8,370 |
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Valued Member
Canada
495 Posts |
I noticed this company on an auction site I was on as the grader and my eyesight being what is without glasses thought it was PCG and made a purchase of the coin that popped up a MS 70 USA 1987 Silver eagle but am concerned I made a mistake- anyone out there have any dealings with this TPG? *** Moved by Staff to a more appropriate forum. ***
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Pillar of the Community
Canada
4944 Posts |
They aren't one of the top tier TPG's, but if I remember correctly coins in their old slabs were graded conservatively.
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Pillar of the Community
United States
2543 Posts |
They were at one point a premier grader, as said above, their old slabs are accurately graded and somewhat sought after. Their grading got sloppy and their reputation faltered. The new owners of the company are trying to bring the company back to prominence, with mixed results. PCGS has a population of 20 for 1987 MS70, and that is huge for a 80's 90's ASE. Most of those years have zero to single digit 70's. So your PCI Eagle could genuinely be a MS70, but due to a lack of trust in P{CI grading standards, it will not command the $900-$1200 price tag that a PCGS 1987 MS70 Eagle would command.
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Valued Member
United States
272 Posts |
I saw them last year at the FUN Show in Orlando the owners were there and seemed very nice. They have been through alot, but from what ive heard their grading used to be the bomb.com
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Pillar of the Community
United States
8137 Posts |
I don't know much about them, but I do know they are not reliable. I consider them to be a basement slabber, but they do a better job than most of the other basement slabbers out there.
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Moderator
 United States
23522 Posts |
There's no real way to evaluate where they're at now, but they were Third World for a long darn time. I doubt PCGS is worried. Does anyone know any of the new owners? That might have a bearing on my opinion.
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Pillar of the Community
 United States
4589 Posts |
There are five [six? seven?] different companies and owners who have used the PCI name since the mid 80s. This is from memory, so take it with a grain of salt.
The early stuff - green borders - were MOSTLY ok ... at the time. Although even there, ymmv. Most people find the two [three?] versions with the gold borders to be, um... less than competently graded.
After that faded away there may have been an intermediate company, then were bought by David Lawrence Rare Coins. Renamed DGS [Dominion grading service].
DLRC shutdown DGS and sold the name PCI and thr slab moulds to somebody who was going to do the new PCI. That never flew and after a year or so the new-new PCI showed up.
You can look at the Internet WayBack machine for the history of their website for a lot of this.
-----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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Moderator
 United States
23522 Posts |
I bet PCI is fun in the Wayback Machine.  Their older-generation, 10 digit serials in the green border were nicely done. Even cherrypicks for a while, when the TPG's were sliding and you could easily upgrade one cracked and sent in. But most of the best ones are gone and the TPG's have tightened, so they're just "worth looking close" now. The type is set in a Futura family face, with circular letters and flattened numbers, like so:  Those are the good ones. Edit: I'm linking the thread where I posted the coin whose label appears above. The coin and the grades offered say it all. http://www.coincommunity.com/forum/...PIC_ID=45869
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Pillar of the Community
United States
4691 Posts |
They were one of the first on the TPG scene. Over the years their grading has become inconsistent and they fell from grace. Older slabbed coins may offer a relative bargain, however, I suspect many of the properly graded coins have been cracked out.
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Valued Member
 Canada
495 Posts |
The slab holder for the one I got has a PCI green logo on bottom left side and date 2102.02/6179 on it - must be the newer version.
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Pillar of the Community
 United States
4589 Posts |
Green? Typically I've seen it as blue, as shown here: http://pcicoins.com/ [In my head I call it the bullet train version] and I have only ever seen 2012.02/n serial #s. Not sure what it means, but even at 5 digits, that's a total volume in two years of a slow week @ PCGS. They call themselves the new PCI, referencing the 1989 version and conveniently leaving all the Intermediates out of the picture. Including the September 2010 'new PCI' which is why I call this new-new-PCI.
-----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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Pillar of the Community
 United States
4589 Posts |
OP: can you point me to a photo of the coin in holder?
FWIW, the whole grading of bullion Silver Eagles is - IMNSHO - a scam and unless you paid an absurd premium over spot, you didn't do too badly...
-----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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Valued Member
 Canada
495 Posts |
BStrauss
Ill try and submit a pic but I think your right about the color it must be blue not green could be my computer or eyesight which is not great these days.
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Valued Member
 Canada
495 Posts |
BStrauss
I can email a pic to you if that's ok?
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Valued Member
 Canada
495 Posts |
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Valued Member
 Canada
495 Posts |
I just posted a pic of the MS70 graded by PCI
Thanks for input.
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Replies: 39 / Views: 8,370 |