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PCGS Mis-Attribution Of An 1859 Variety

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papeldog's Avatar
Canada
1923 Posts
 Posted 04/27/2019  09:57 am  Show Profile   Bookmark this reply Add papeldog to your friends list Get a Link to this Reply
I also agree that this should be straightened out by PCGS you give PCGS way to much credit Phil310.

A person is paying big dollars for there Knowledge and expertise in grading coins, to have proper grades and of said varieties. I as a Canadian pay big dollars to have a coin graded by PCGS and go through a lot of hoops, loops and rings of fire to get them to PCGS and back to Canada.

If PCGS wants to lead the world in professional grading of coins they should get there act together and hire someone with knowledge of the coins they are grading and labeling of said varieties weather its US or world coins. They have access to the all the info needed to identify the coins and get them correct the first time, I also know as humans we make mistakes but come on 3 different variety for the same coin tells me they don't care grab the money and run. They choose to ignore the facts and look the other way and make wrong identities of coins even when knowledgeable people that found said varieties contact them about the mistake they made.
Just my take on this subject

Edit: PCGS is not the only one to make major mistakes in identifying varieties the coin I post in the beginning of this post as an DP9 #1 is wrong, but I purchased the coin in an CPN action a few years back as an DP9 #4 so the coin has been graded first by ICCS that was wrong then I cut it out of the flip and sent it to PCGS stating in my notes the propper Haxby # for the coin, it come back as an DP9 #1 so the same die pair has been graded by PCGS as an #1, #2 and #4?
Edited by papeldog
04/27/2019 10:18 am
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Phil310's Avatar
United States
1101 Posts
 Posted 04/27/2019  12:14 pm  Show Profile   Bookmark this reply Add Phil310 to your friends list Get a Link to this Reply
I wasn't really giving PCGS any credit papeldog, just pointing out that it is a monumental task to be expert in all of the coins they grade and attribute. You are right though, if they want to be the #1 grading company, they are going to have to do a better job of getting the right people and training them to be more knowledgeable. If they don't have qualified people to attribute certain varieties, they would be far better off to just not do that and stick to grading (which is another issue that people disagree on).

It's not really an issue for me because I keep all of my coins raw, but it fascinates me how many people are caught up in having coins in slabs and "professionally" graded and attributed. They deserve to have a company they can depend on because as you said they are "paying big dollars" for that. Like it or not, it's a big part of the coin market these days.

As for the coin that jdmern has that was attributed wrong, I think PCGS should be held to and make good on every point of their guarantee that applies. Before they will do that, they have to admit they were wrong or be proven wrong.

I don't know what step is next in that process since they have already got it wrong twice. I expect like most big companies, the process will discourage most people before they get resolution. If somebody at PCGS would just read this thread, they would have links to every resource they need to correct their mistake.

Are you going to try again jdmern? I hope you don't get stuck with a loss on the coin. We're all behind you on this.
Edited by Phil310
04/27/2019 12:26 pm
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