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An Example Of How TPGs Can Make Mistakes...

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wheatchaser140's Avatar
United States
2368 Posts
 Posted 01/05/2015  2:41 pm Show Profile   Bookmark this topic Add wheatchaser140 to your friends list Get a Link to this Message Number of Subscribers
Hey CCF, I have a story to share. So I was examining one of my coins under my loupe, with 10x magnification. It's my 1882-S Morgan dollar, graded by MS-64 by NGC. I seem to talk about this coin a lot haha...

Here it is:

An-Example-Of-How-TPGs-Can-Make-Mistakes...

So anyway, the point of the story! Between the B and U of PLURIBUS, I noticed a spot of green PVC corrosion, in its unmistakable greenish blue color. The spot cannot be seen without magnification, and there are no other green spots I have found yet. There is some hazy splotches, which may or may not be PVC.

So, I've decided that I'm going to crack it out and acetone it. I've realized that TPGs are not infallible, and I'm going to be more skeptical towards slabs from now on.

Does anyone else have any similar stories?
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oih82w8's Avatar
United States
7840 Posts
 Posted 01/05/2015  3:07 pm  Show Profile   Bookmark this reply Add oih82w8 to your friends list Get a Link to this Reply
I still cannot for the life of me understand "Questionable Color" that the TPG use on some really beautiful coins.

An-Example-Of-How-TPGs-Can-Make-Mistakes...
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Neo13x's Avatar
United States
604 Posts
 Posted 01/05/2015  3:19 pm  Show Profile   Bookmark this reply Add Neo13x to your friends list Get a Link to this Reply
I saw a video once showing the process of grading coins and I was amazed at how quickly they look over each coin before giving it a grade. I'm not sure if the video was accurate for everyday grading but it doesn't surprise me to see them make mistakes.
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westernsky's Avatar
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7618 Posts
 Posted 01/05/2015  3:41 pm  Show Profile   Bookmark this reply Add westernsky to your friends list Get a Link to this Reply
If there is any doubt as to "originality" when it comes color, the TPG's will use the term "questionable color". I think they do this to protect themselves from any future liability.

If you like the coin and like the color then it doesn't really matter what the TPG company thinks. It is your coin.

Everybody is entitled to their own opinion.
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SsuperDdave's Avatar
United States
23522 Posts
 Posted 01/05/2015  5:22 pm  Show Profile   Bookmark this reply Add SsuperDdave to your friends list Get a Link to this Reply
If that 1849 is Questionable Color then I'm a buyer of Questionable Color.
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dave700x's Avatar
United States
10625 Posts
 Posted 01/05/2015  6:02 pm  Show Profile   Bookmark this reply Add dave700x to your friends list Get a Link to this Reply
I have encountered PVC contamination in TPG slabs in the past. You are doing the right thing, crack it and give it an acetone bath. PVC does not sit still, it will keep growing, just watch the latest Night at the Museum movie.
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kanga's Avatar
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5825 Posts
 Posted 01/05/2015  9:07 pm  Show Profile   Bookmark this reply Add kanga to your friends list Get a Link to this Reply
Even the best TPG's don't do first looks at coins through loupes more than 3x.
Higher (5x) if something looks funny or they are doing variation attributions.
OR
The PVC production may not advanced when the coin was examined.
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SsuperDdave's Avatar
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 Posted 01/05/2015  10:17 pm  Show Profile   Bookmark this reply Add SsuperDdave to your friends list Get a Link to this Reply
Heck, 5x is what I'd use to grade a 70. I don't know how long it takes for a PVC infestation to go from colorless and undetectable to green, but a couple years in a slab should certainly be enough.
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wheatchaser140's Avatar
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2368 Posts
 Posted 01/06/2015  06:43 am  Show Profile   Bookmark this reply Add wheatchaser140 to your friends list Get a Link to this Reply

Quote:
PVC does not sit still, it will keep growing, just watch the latest Night at the Museum movie.

Haha I just saw that! It was funny, they were saying that the tablet was turning green because it was losing its magic, and I was just sitting there thinking "I hate to be a buzz kill, but maybe you're just storing it improperly..."
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dave700x's Avatar
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 Posted 01/06/2015  07:10 am  Show Profile   Bookmark this reply Add dave700x to your friends list Get a Link to this Reply
Yeah, I was thinking it just needed a good soak in acetone.
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wheatchaser140's Avatar
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 Posted 01/06/2015  2:05 pm  Show Profile   Bookmark this reply Add wheatchaser140 to your friends list Get a Link to this Reply
Crack out was successful! I'll post more updates when I can...

Edit: Wow NGC is getting pretty sloppy alright...

An-Example-Of-How-TPGs-Can-Make-Mistakes...
Edited by wheatchaser140
01/06/2015 2:17 pm
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dave700x's Avatar
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10625 Posts
 Posted 01/06/2015  2:21 pm  Show Profile   Bookmark this reply Add dave700x to your friends list Get a Link to this Reply
Looks like it was a clean break (out)
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wheatchaser140's Avatar
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 Posted 01/06/2015  2:43 pm  Show Profile   Bookmark this reply Add wheatchaser140 to your friends list Get a Link to this Reply
Alright, I gave it a five minute acetone dip, and then a one minute acetone rinse. The green spot looks exactly the same, no change whatsoever under 10x magnification. Why didn't that work? I'm a little frustrated...
Edited by wheatchaser140
01/06/2015 3:18 pm
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westcoin's Avatar
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9792 Posts
 Posted 01/06/2015  3:48 pm  Show Profile   Bookmark this reply Add westcoin to your friends list Get a Link to this Reply

Quote:
I saw a video once showing the process of grading coins and I was amazed at how quickly they look over each coin before giving it a grade.


As someone that has been on the grading floor at a couple of Top tier TPGs, I can say most graders use no loupe when grading and spend less than 3-4 seconds on each side of a Morgan dollar or other common coin, unless they are looking for variety diagnostics or the coin is questionable in authenticity.

When grading smaller coins like 3 cent silver, dimes, etc. some grader (but less than 50%) use any sort of magnification.

I've never seen them wear gloves, other than handling a great known rarity in Proof. The PCGS video on grading is a very accurate showing of the grading room (at least in the early to mid 1990's when I visited several of them, ANACS, ICG, SEGS. I'm also very good friends with several ex-PCGS and NGC graders, so speaking from my own knowledge and from discussions I've had with their experiences in grading rooms.
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SsuperDdave's Avatar
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 Posted 01/06/2015  4:04 pm  Show Profile   Bookmark this reply Add SsuperDdave to your friends list Get a Link to this Reply

Quote:
Alright, I gave it a five minute acetone dip, and then a one minute acetone rinse.


Because that soak might take 5 days, not 5 minutes.
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wheatchaser140's Avatar
United States
2368 Posts
 Posted 01/06/2015  4:22 pm  Show Profile   Bookmark this reply Add wheatchaser140 to your friends list Get a Link to this Reply

Quote:
Because that soak might take 5 days, not 5 minutes.

Thanks Dave!

OK, here's a picture of the trouble spot. Note the hazy circle between the B and the U, with a green speck of PVC in the center of it.

An-Example-Of-How-TPGs-Can-Make-Mistakes...
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