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 Replies: 14 / Views: 4,209 |
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Valued Member
United States
90 Posts |
I know many don't care for TPG coins but I'm wondering what you would prefer and what you think years down the road will be more valuable. I have noticed proof eagles that were perfect when I bought them now have spots. So my question is would you rather have a pr70 with spots or a pr69 that didn't? Also which do you think will be worth more $? as many here know the prices for the early year eagles pr70 are very expensive vs a pr69 and I would be upset spending that kind of $ only to see it develop spots years later. My gut tells me that even with the spots the pr70 will sell for more money but curious what others had to say. Thanks. *** Moved by Staff to a more appropriate forum. *** |
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Valued Member
United States
241 Posts |
It's an interesting question that I don't have an answer for. Will wait to see what those with more experience think on this one. But one thing that's very obvious is that, contrary to the usual advice, a large number of people do in fact buy the slab, not the coin. You can see this when people bid big bucks on ebay for highly graded PCGS or NGC coins without there even being a closeup image of the coin being sold - just the front and sometimes back of the holder it's in. |
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Pillar of the Community
United States
1180 Posts |
In my opinion it SHOULD be the clean PR69. However as rayof315 mentioned many buyers solely look at what grade the coin is (regardless of how the coin looks). So I could see the PR70 with spots bringing in more if a crazy buyer wanted it. So long story short, I don't know!
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Pillar of the Community
United States
1132 Posts |
The premium on MS/PR70 Eagles is ridiculous. Premium+milk spots=Automatic disqualification for purchase consideration (in my humble opinion). I own only 1 graded Eagle & it's in an NGC-MS69 holder. I think my 2012 San Fransico anniversary set would net PR-70 on both coins & briefly considered submission...but dismissed the whim as the notion of that beautiful wooden glossy lacquered OGP box sitting vacant would irk the socks off me.   Edited by CopperCastle
08/29/2015 12:27 am
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Pillar of the Community
United States
669 Posts |
I personally get more enjoyment looking at a coin in the OGP than in a slab. Closest to touching and naturally handling the coin without actually touching them (I wouldn't want to handle proof coins out of the capsule, even with a glove) compared to handling a slab.
(Although I think it was the 09 UHR Eagle I saw someone modify the box where they cut a hole around the slot where the coin was held so it could fit the slab instead of just the coin in the capsule; which I thought was a cool way to display it while keeping the box)
Beautiful coins by the way Copper.
Edited by mrpapageorgio
08/29/2015 01:04 am
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Valued Member
260 Posts |
Holder + more than $3 over spot = automatic disqualification from purchase considerations.
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Moderator
 United States
23522 Posts |
Any coin with spots is not a 70. How could it be? 70's cannot have a flaw. Yet TPG's still offer 70's knowing these milk spots could appear at any time. |
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Pillar of the Community
United States
7390 Posts |
Hmmm. So would a 70 that has devolved spots be eligible for TPG buyback? Or do they have language in their R&R's to prevent that? They must I would think or they wouldn't slab coins prone to it as 70s. |
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Valued Member
 United States
90 Posts |
Thanks everyone.
According to pcgs milk spots doesn't effect grading it a 70. It's more on how it was struck and things you can only see with a microscope.
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Moderator
United States
187544 Posts |
Quote: Any coin with spots is not a 70. How could it be? 70's cannot have a flaw. Yet TPG's still offer 70's knowing these milk spots could appear at any time. Yup. I am still not buying what they are selling. |
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Pillar of the Community
United States
4901 Posts |
Quote:Hmmm. So would a 70 that has devolved spots be eligible for TPG buyback? Used to be....but not anymore. I have had MANY 70 grade ASE's bought back by NGC because they developed milk spots and no longer were "grade appropriate" (mostly 2006 20th RP's and PF's). Neither PCGS or NGC have a grade guarantee pertaining to milk spots Quote:
According to pcgs milk spots doesn't effect grading it a 70. It's more on how it was struck and things you can only see with a microscope. Well that's just not true. They eliminated milk spotting from their Grade Guarantee because the spots made the coins "grade inappropriate" "things you can only see with a microscope"? They use a 5x magnification...same as you and I have....they do not get down to the cellular level during grading I have sold some PF69 2006 20th Annie Set RP's that were spotted and they get near the non-spotted price... 70's though are another issue with the spots making them visually no longer 70 grade coins. Edited by Foxwoods Man
08/31/2015 12:48 pm
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Pillar of the Community
United States
1913 Posts |
I'd most definitely prefer the PR69 versus a spotted PR70. If I am purchasing a slabbed coin, I actually prefer to purchase one that has been in the slab for a while. This way I can be more confident that spots will not appear in the future.
I saw a television news story that had a part in it about grading a gold coin. I don't remember if it was PCGS or NGC, but the 3rd party grading company had a meeting and several people looked at the particular coin. They each held it with their bare fingers and didn't have masks to cover their mouths. This part shown in the story was a recreation, but I remember thinking that if that's how they handle coins when a video camera is rolling, I'd hate to see how they handle them when nobody is looking. Seems to me that some of this 3rd party grading can actually be damaging coins.
Also, take a look at pictures of their graded coins on PCGS or NGC's websites. You'll often see a significant amount of dust on the outside of the slabs. That doesn't say much about the environmental conditioning in their facilities.
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Pillar of the Community
United States
4901 Posts |
Agree....a pristine PF 69 is MUCH preferable to a spotted 70
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Moderator
United States
187544 Posts |
Seeing as how I cannot tell a 69 from a 70, but can definitely see spots, I would have to agree.  |
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Valued Member
United States
90 Posts |
Foxwoods man. Quote:
Well that's just not true. They eliminated milk spotting from their Grade Guarantee because the spots made the coins "grade inappropriate" *** Edited by Staff to add quote tags. Please use them in the future. Posts are very difficult to read without them.***Pcgs told me this a few times. That spots have nothing to do with the coin being a 69 or 70. You could send them a spotted coin that gets a 70 grade and a unspotted coin that gets graded 69. |
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Replies: 14 / Views: 4,209 |
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Posted 08/28/2015 9:21 pm
