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 Replies: 11 / Views: 3,195 |
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Valued Member
United States
166 Posts |
I am wondering if anyone out there has had a similar experience: Earlier this month I purchased a seated half from a well known dealer. I was unsure about the coin in regards to its surfaces, and posted pictures in the grading forum to get some opinions. It was graded XF40 by PCGS. The opinions from the forum responses were mixed, some said cleaned, some said not cleaned. I decided to purchase the coin despite my concerns about cleaning. In addition, I was assured over the phone that it appeared to not have been cleaned recently. The coin was submitted to NGC for a crossover and it was deemed to have been cleaned (all my Seated halves are NGC). The dealer is balking about taking the coin back, but he will come around. Coin was NOT cracked out. I have read countless threads comparing PCGS and NGC grading standards, and do not want to bring it up again. But I have read little on the subject of cleaning between the two services. Is one more lenient than the other on cleaning? Thanks for reading, any comments would be appreciated. Edited by Krusti-Koin
12/01/2015 6:00 pm
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Bedrock of the Community
United States
94367 Posts |
Not sure of your question. Are you asking if one service is more lenient on cleaning than the other?  |
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Pillar of the Community
United States
4085 Posts |
If it was in a slab with a non-details grade and there were questions about it being cleaned, this would be a really bad crossover candidate in my opinion. Should have been left in the slab. I can see why the dealer would balk. It was in a major TPG problem free slab - why mess with it? In terms of standards, I think it is somewhat a roll of the dice. You could crack it back out and send it back to PCGS and it might come back details or could send it back to NGC and it might pass. Kind of the luck of the draw I think. |
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Valued Member
 United States
166 Posts |
I should have been more clear:
Coin was not cracked out.
And yes, my question is if one service is more lenient than the other.
I will edit my post..thanks
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Pillar of the Community
United States
7621 Posts |
Grading by either service is always subjective. It is noted in the fine print of both services grading standards.
On the day that the coin was originally graded by PCGS the consensus of opinion of the graders was that the coin had not been cleaned.
OR...
It was submitted by a "big player" in the grading game and he received less scrutiny with his large submission than us regular smucks would have received. Grading is not near as anonymous as they want you to think it is! (I have never believed that for one minute.)
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Pillar of the Community
Australia
7096 Posts |
Why not resubmit it under the PCGS "Guarantee Resubmission"  |
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Pillar of the Community
United States
7621 Posts |
Trout..
The coin is still in the original PCGS holder. Why resubmit it and risk getting it down graded? Once it comes out of its current holder the selling dealer has no obligation to take it back.
The OP just needs to work with the person/dealer that he purchased the slabbed coin from and get his money back if that's what he wants.
Edited by westernsky
12/01/2015 6:32 pm
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Pillar of the Community
 United States
5828 Posts |
 I guess just wait to get a better one w/ out any questionability. |
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Pillar of the Community
Australia
7096 Posts |
Quote:
The coin is still in the original PCGS holder. Why resubmit it and risk getting it down graded? Once it comes out of its current holder the selling dealer has no obligation to take it back.
No need to "Crack out" the coin leave in in the slab and send it. It will either remain in the original slab or if it is indeed a "Details" coin it will get a new slab and PCGS will give you the market price for the coin. |
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Pillar of the Community
United States
4085 Posts |
If it is still in the PCGS slab then I think it is reasonable for the dealer to take it back. I think you will just have to look for a different model.
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Bedrock of the Community
United States
17884 Posts |
Did the dealer say he would take it back if it didn't cross? If not he is under no obligation to take it back. Your complaint about cleaning is now between you and PCGS.
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Valued Member
United States
166 Posts |
Quote:
Did the dealer say he would take it back if it didn't cross? If not he is under no obligation to take it back. Your complaint about cleaning is now between you Normally, I would agree with you. But I had my suspicions about the coin, and relied on the opinion of the dealer I was buying from. I questioned them on cleaning vs just dipping. After all, I am just a collector, we are talking about a well known dealer here. I might add that I paid 60% over any listed value published for this coin. At that price premium, whether a coin has been cleaned or not shouldn't be a debatable issue. I am disgusted with dealers that knowingly sell overgraded coins. I blame myself here also, I am not a novice. Regardless, he is going to take the coin back. |
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Replies: 11 / Views: 3,195 |
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Posted 12/01/2015 4:58 pm
