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A Hint About Professional Coin Grading

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CoinMasters's Avatar
United States
5964 Posts
 Posted 05/06/2015  8:59 pm  Show Profile   Bookmark this reply Add CoinMasters to your friends list Get a Link to this Reply
I take it you are standing in for Dave in his absence.I am a slow typer, can I abbreviate your name with something other than the obvious? Anything to speed me up would be helpful. I was under the impression that safe cleaning was available. I also think airtight encapsulation is sufficient in most cases (other than zinc cents). Please correct me if I am wrong. I will definitely look into ANACS, thank you.
Edited by CoinMasters
05/06/2015 9:08 pm
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vermontensium's Avatar
United States
16679 Posts
 Posted 05/06/2015  9:15 pm  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
What do your coins look like that makes you think they need a "cleaning"?
You are aware that coins should never be cleaned, right?
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CoinMasters's Avatar
United States
5964 Posts
 Posted 05/06/2015  9:23 pm  Show Profile   Bookmark this reply Add CoinMasters to your friends list Get a Link to this Reply
Yes I know not to clean them. I had thought the services had a safe way to do it and offered it. I'm not sure where I got that from, but it's gone now. I would definitely want conservation on any zinc with the slightest scratch. They almost fit the uncollectable category without it.
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SsuperDdave's Avatar
United States
23522 Posts
 Posted 05/06/2015  9:27 pm  Show Profile   Bookmark this reply Add SsuperDdave to your friends list Get a Link to this Reply

Quote:
Do you think they meant 2.5 million dollars in US and world coins?


As the Senior Authenticator, he's probably handled that much in value this week and it's only Wednesday.
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SsuperDdave's Avatar
United States
23522 Posts
 Posted 05/06/2015  9:34 pm  Show Profile   Bookmark this reply Add SsuperDdave to your friends list Get a Link to this Reply

Quote:
I had thought the services had a safe way to do it and offered it. I'm not sure where I got that from, but it's gone now. I would definitely want conservation on any zinc with the slightest scratch. They almost fit the uncollectable category without it.


They do, and they handle it well. But the zinc? I rail against Zlincolns for a reason. They're numismatic planned obsolescence, coins minted from sacrificial anodes. The only help is lacquer or urethane. Anyone who collects Zlincolns is tempting fate. You've seen plating bubbles - they didn't come from the Mint with those bubbles, and obviously the cladding didn't have to be scratched for them to appear....

Cleaning/conservation is a coin-by-coin decision. The TPG's - PCGS and NGC; ANACS just introduced their service and I have no clue about their effectiveness so I'm not including them in this - can often take your coin and turn it into something that doesn't need a Details slab (nice gig if you can get it, eh?).

Only those two if you're going to resell. I recommend only Morgans for ANACS, and even then only if you're selling to Morgan enthusiasts or collecting them by variety. Otherwise ANACS is a third-world grader in the marketplace.
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CoinMasters's Avatar
United States
5964 Posts
 Posted 05/06/2015  9:46 pm  Show Profile   Bookmark this reply Add CoinMasters to your friends list Get a Link to this Reply
I appreciate it Dave. Your take conflicts greatly with that of vermontensium. I will sort it out.
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SsuperDdave's Avatar
United States
23522 Posts
 Posted 05/06/2015  10:00 pm  Show Profile   Bookmark this reply Add SsuperDdave to your friends list Get a Link to this Reply

Quote:
Your take conflicts greatly with that of vermontensium.


Not really. Heck, he and I spend as much time texting on the phone as we do posting here. We'd have worked it out offline if we disagreed.

ANACS is the least expensive and the easiest for you to use as they don't require a membership. They're not bad graders, either, and the best in the business with Morgans. They're the only TPG which attributes every single Morgan variety and their attributions can be taken to the bank.

Their stuff just sells at a discount in the auction marketplace. If that's unimportant to you, ANACS is your choice. And I'm not denigrating their conservation service, I just haven't seen enough of their work to have the right to an opinion.
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CoinMasters's Avatar
United States
5964 Posts
 Posted 05/07/2015  7:17 pm  Show Profile   Bookmark this reply Add CoinMasters to your friends list Get a Link to this Reply
I see, thank you both. I think ANACS is probably the one for me. Dave you and I will always agree zinc is a definitely unsuitable for U.S. coinage. I am going to urge everyone I can to put at least one chewd up zincoln in every roll. The people will eventually reject them.
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sel_69l's Avatar
Australia
21788 Posts
 Posted 05/07/2015  8:19 pm  Show Profile   Bookmark this reply Add sel_69l to your friends list Get a Link to this Reply
Surely, if a grader in PCGS can grade a coin in less than ten seconds, I should be able to grade per coin in five minutes reasonably accurately and make detailed comments to boot.

You just have to learn to grade for yourself. With experience, that is reasonably easy to do, and get it right almost all of the time.

Save myself the $16 per coin fee and shipping fees, and not have to worry about risking your coins to the postal or shipping system.
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Gyrene7483's Avatar
United States
1704 Posts
 Posted 05/07/2015  9:40 pm  Show Profile   Bookmark this reply Add Gyrene7483 to your friends list Get a Link to this Reply

Quote:
Since joining PCGS in 2003, Jeff Howard has graded, authenticated and verified over 2.5 million U.S. and world coins.
I think, no, I am certain, they published an inflated number to try to impress people of his experience since we know that it is impossible for a single person to grade, evaluate, and authenticate that many coins that fast. Think about it, how many people are going to actually crunch the numbers like SsuperDdave did?
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SsuperDdave's Avatar
United States
23522 Posts
 Posted 05/07/2015  9:58 pm  Show Profile   Bookmark this reply Add SsuperDdave to your friends list Get a Link to this Reply
In that case, we may be calling PCGS liars here. I'm not really prepared to do that, so we have to figure out a way for Jeff to handle 208,000 coins a year.
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jdmern's Avatar
United States
1949 Posts
 Posted 05/07/2015  10:08 pm  Show Profile   Bookmark this reply Add jdmern to your friends list Get a Link to this Reply
I think the key to this number is 'verified'. I get the feeling that on a generic common coin, the 'verifier' makes sure the coin actually the coin that's supposed to be there... Could probably bang out 60 coins a minute just doing that
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Chute72's Avatar
United States
1314 Posts
 Posted 05/08/2015  01:01 am  Show Profile   Bookmark this reply Add Chute72 to your friends list Get a Link to this Reply

Quote:
we've all also read it only takes 6-10s per coin

And an equal number of weeks in the shipping dept?
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Earle42's Avatar
United States
10038 Posts
 Posted 05/12/2015  6:50 pm  Show Profile   Bookmark this reply Add Earle42 to your friends list Get a Link to this Reply

Quote:
All this does is justify my reluctance to buy into the whole slabbing thing.

...same page... same page.

How much squash could a Sasquatch squash if a Sasquatch would squash squash?
Download and read: Grading the graders
Costly TPG ineptitude and No FG Kennedy halves
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United States
211 Posts
 Posted 05/13/2015  08:32 am  Show Profile   Bookmark this reply Add JimmyJames to your friends list Get a Link to this Reply
I assume he has acted in a supervisory capacity and the numbers factor in his greater influence as a supervisor.
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