Questions About Png Graded MS-69 PL Coin

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Author	Replies: 4 / Views: 1,937
dzhuang Valued Member Canada 53 Posts	Posted 06/28/2016 8:43 pm I have a 2005p 50c graded MS-69 PL by PNG in a hard slab. Please see the picture for the type of slab (the picture attached is not the actual coin, I was unable to photograph due to a broken camera so I found a picture of another PNG graded coin on the Internet in the exact type of slab. How reputable of a grading service is PNG? Their site, which is labeled on the back of the slab, pNGCoingrading.com, is no longer accessible. Do they overgrade coins? Is it worth getting the coin regraded by ICCS or CCCS? I am also unfamiliar about the grade MS-69 PL. Is it MS-69, or PL-69? Is there a difference between PL-69 and MS-69 PL (the grade on the slab)? I apologize for the long post; thank you for taking the time to answer my questions. Report this Post to the Staff

kanga Pillar of the Community United States 5825 Posts	Posted 06/28/2016 10:16 pm PNG belongs in the category of no confidence. You'll have to decide about ICCS or CCCS. They would definitely be an improvement. BUT Don't expect anything even close to MS-69. Report this Post to the Staff
dzhuang Valued Member Canada 53 Posts	Posted 06/28/2016 10:20 pm I accquired this coin for a $5, so I wouldn't mind if I lost some money over it. However, I'm just curious about PNG because I see a lot of PNG graded coins online and about the grade MS-69 PL, never knew it existed (thought it was either PL-69 or MS-69 Report this Post to the Staff
XWLCoins Valued Member Canada 320 Posts	Posted 06/29/2016 12:01 am ICCS would use an MS grade ( MS66) but in the comment line they would put Numismatic BU. Which is the proper way to classify modern "Proof likes". Proof likes don't exist anymore as we use "uncirculated sets" now, not Proof likes. Don't expect anything spectacular on the grade. ICCS has never issued an "XX69" grade. (PL/PR/MS) 68 is the highest they use and even that is a rare occurrence. As for the grading company themselves, they are a joke! But you should never buy a coin for the slab it's in. Buy the coin for the grade the coin is! Report this Post to the Staff
darryldarryl Pillar of the Community Canada 2426 Posts	Posted 06/29/2016 08:44 am Well said XWL. Report this Post to the Staff
	Replies: 4 / Views: 1,937

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