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 Replies: 10 / Views: 1,620 |
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Valued Member
United States
442 Posts |
Well the boss bought a rather nice collection today. The people had arranged to bring it in and we have bought some of their other stuff but BOY did I see some STUFF! Sure there was some "minor" stuff like the Jefferson nickel set and some ugly buffaloes. The Mercury dime set was a bit nicer. The 16-D should garner a VG and the 42/1 was nice. Half dollars included a complete Walker set a few Liberty Seated and a nice 1807 Bust. A few dollar coins in that book as well. Nothing fancy just a few Seated a Trade and the 1798 and 1799 Bust Dollars. Oh, and then the best book. A COMPLETE set of Standing Liberty quarters complete with 1916 and 1918/17-S. Only problem with a lot of the coins I've mentioned were cleaning at some point. This is an OLD collection and there are signs of past cleaning. However, the 1916 grades about F12, the 18/17 closer to XF. The 21, 23-S and 27-S all in the XF range. The set, and many of the others, will end up at ANACS or NGC. I only wish I had pictures folks but they are locked up at work. Was just REALLY cool to get a good look at all of these coins in one day |
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Pillar of the Community
United States
869 Posts |
clembo will PCGS even grade the cleaned coins?  I have some that are cleaned also.  |
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Valued Member
 United States
442 Posts |
Coindexter,  Nope that's why many will got to ANACS. They will slab and note problems such as cleaning. PCGS and NGC "body bag" them - send them back ungraded. If you know a coin has been cleaned I suggest ANACS. |
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Moderator
 United States
16679 Posts |
I like ANACS as well for "problem coins". However, if the coin is a higher value piece, I suggest NCS (NGC's problem grader). You are more likely to get more $$ for the coin once your ready to sell. I know that sounds crazy, but just look at all the auction houses or ebay and you will see what I mean. swcoin.ecrater.com
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Valued Member
United States
442 Posts |
Quote:I like ANACS as well for "problem coins". However, if the coin is a higher value piece, I suggest NCS (NGC's problem grader). You are more likely to get more $$ for the coin once your ready to sell. I know that sounds crazy, but just look at all the auction houses or ebay and you will see what I mean. I'll run that by the boss as we do most of our slabbing with NGC. Tell you what though, I'd buy those "problem" coins raw if I could afford them. |
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Pillar of the Community
United States
2540 Posts |
clembo: I'd like that 1807! Also, as far as PCGS is concerned, if the coin is valued high enough (the 1916 & 1918/7) they may still grade the, since they are key dates. At the 2007 Milwaukee ANA I saw an 1892 O Micro O Barber half dollar, graded G-4. It had severe scratches on the obverse, and was an AG reverse (and not just a close to G Ag, a really AG reverse). |
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Pillar of the Community
Canada
1931 Posts |
If you send a coin in and it gets body bagged do you still have to pay for the fact that you sent it in?
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Pillar of the Community
United States
2540 Posts |
melissa:
Yes, no refunds, they feel that you should know better.
(I guess.)
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Pillar of the Community
United States
3184 Posts |
I think PCGS has a new thing now called the Genuine Slabs. Coins that were previously bodybagged, PCGS will put the coins in a slab and have the words genuine on there.
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Pillar of the Community
Canada
1267 Posts |
Mkman123 is correct. No more body bags! PCGS is introducing a major change in its grading process, effective for submissions received after December 1, 2008. Coins that would have previously been no-graded and returned in a body bag will now be placed in a regular PCGS holder and labeled simply "Genuine." Of course this applies only to coins that have been verified to be authentic. PCGS is dropping its genuine-only service level. Now coins can be holdered in genuine holders regardless of the service level for which they are submitted. Variety and attribution services will be provided for genuine coins. For example, if you submit a number of Early Half Dollars with the Overton variety requested, your coins (assuming they are authentic) will be holdered with the Overton variety and grade or with the Overton variety and genuine (see the PCGS website for a description of grading standards at https://www.pcgs.com/grades.chtml This service will also apply to crossovers.  Edited by hadleydog
11/30/2008 1:47 pm
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Valued Member
United States
169 Posts |
I don't like PCGS' "body bag" policy and I don't think the new policy is any improvement. Their "genuine" designation will do nothing for the value of the coin. It will make it clear that the coin was cleaned, or whatever the problem may have been. I like the ANACS policy of assigning a grade AND noting the problem such as cleaning. I see no reason why the others can't do the same. It would be a service to the hobby to do so.
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Replies: 10 / Views: 1,620 |
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Posted 11/11/2008 9:48 pm
