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PCGS *might* Have Lost One Of My Coins

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Zurie's Avatar
United States
5672 Posts
 Posted 12/14/2020  9:48 pm  Show Profile   Check Zurie's eBay Listings Bookmark this reply Add Zurie to your friends list Get a Link to this Reply
Scary. You may end up eating the loss, but what if it had been a $5000 coin instead of a very nice Lincoln? Makes me a little nervous about sending something to them.
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NumisEd's Avatar
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 Posted 12/14/2020  9:55 pm  Show Profile   Bookmark this reply Add NumisEd to your friends list Get a Link to this Reply
After reading this earlier, I started to video-tape every coin I return (just one so far). If something goes wrong, at least I have visible proof. I suggest everyone does this too from now on (if you don't already do it).


Quote:
Scary. You may end up eating the loss, but what if it had been a $5000 coin instead of a very nice Lincoln? Makes me a little nervous about sending something to them.


For extremely valuable coins, you might want to consider the use of a courier. Hand delivered, signed. No nothing "it wasn't in the package".
Edited by NumisEd
12/14/2020 9:59 pm
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macmercury's Avatar
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 Posted 12/14/2020  10:30 pm  Show Profile   Bookmark this reply Add macmercury to your friends list Get a Link to this Reply
Hard to prove in this case, but you have submitted enough coins knowingly double checked the package more than twice.

I wish you best of luck, and somehow the missing coin reappears.
New Member
United States
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 Posted 12/15/2020  2:01 pm  Show Profile   Bookmark this reply Add Willkp23 to your friends list Get a Link to this Reply
Best of luck to you, really sorry this happened.
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Conder101's Avatar
United States
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 Posted 12/16/2020  11:46 pm  Show Profile   Bookmark this reply Add Conder101 to your friends list Get a Link to this Reply

Quote:
For extremely valuable coins, you might want to consider the use of a courier. Hand delivered, signed. No nothing "it wasn't in the package".

Wouldn't matter. If thir video showed no damage to the package and it wasn't found in the package when they opened it they would still just say it wasn't there in the package. And since it never arrived they would not be responsible.
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Paul Bulgerin's Avatar
United States
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 Posted 12/22/2020  3:03 pm  Show Profile   Bookmark this reply Add Paul Bulgerin to your friends list Get a Link to this Reply
I didn't know PCGS videos all packages being opened. Is that correct or did I misread the posts? If so, that is a good security measure to take.

I hope you can see what they videoed so you find out what's what.
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JasonKflo's Avatar
United States
1694 Posts
 Posted 12/26/2020  3:17 pm  Show Profile   Bookmark this reply Add JasonKflo to your friends list Get a Link to this Reply
my biggest fear is a lost coin
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chafemasterj's Avatar
United States
6514 Posts
 Posted 12/26/2020  6:03 pm  Show Profile   Bookmark this reply Add chafemasterj to your friends list Get a Link to this Reply

Quote:
my biggest fear is a lost coin


Having never sent coins in for grading myself I cant say that I've experienced that stress first hand but I'm sure I'd be very unnerved. Recording my packing process would be a must. Though from what I gather from previous posts on this thread the only thing that really matters is the unpacking video at the other end.

Someone had mentioned previously about the use of a private courier. How does that work? I understand the concept I think but wouldn't there have to be a third party shipper involved? How does the chain of possession work? Just wondering how the process plays out is all.
Check out my counterstamped Lincoln Cent collection:
http://goccf.com/t/303507
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westcoin's Avatar
United States
9792 Posts
 Posted 12/31/2020  5:42 pm  Show Profile   Bookmark this reply Add westcoin to your friends list Get a Link to this Reply

Quote:
I didn't know PCGS videos all packages being opened. Is that correct or did I misread the posts? If so, that is a good security measure to take.


They always have, it's just good business practice, and something Heritage and other large companies and TPGs do as well. Maybe even written into their insurance policy to keep the premiums down in cost.

I know when my high school friend started up ICG his whole deal was being completely independent and not having any clue where the coins came from at all, hence every single package went to a independent CPA that opened all the packages and re-holdered the coins into flips with labels to keep anonymity on each coin going through the grading process. I don't know if that's how they still do things since the company sold and moved from Denver to Florida a few years ago. I do know the shipping room both receiving and outgoing was video monitored at all times.
"Buy the Book Before You Buy the Coin" - Aaron R. Feldman - "And read it" - Me 2013!
ANA Life Member #3288 in good standing since 1981, ANS, Early American Coppers Member (EAC), Colonial Coin Collectors Club member (C4), Conder Token Collector Club member (CTCC), Civil War Token Society (CWTS) member, Liberty Seated Collectors Club (LSCC) & Numismatic Bibliomania Society member (NBS), USMex, Member in good standing, 2¢ variety collector.

See my want page: http://goccf.com/t/140440
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hfjacinto's Avatar
United States
7276 Posts
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GrapeCollects's Avatar
United States
8938 Posts
 Posted 01/11/2021  4:01 pm  Show Profile   Bookmark this reply Add GrapeCollects to your friends list Get a Link to this Reply
No updates. They dunno what happened and I can't *prove* that it was in there...
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acloco's Avatar
United States
3540 Posts
 Posted 01/11/2021  10:20 pm  Show Profile   Bookmark this reply Add acloco to your friends list Get a Link to this Reply
Weight of the package sent known?
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GrapeCollects's Avatar
United States
8938 Posts
 Posted 01/11/2021  10:36 pm  Show Profile   Bookmark this reply Add GrapeCollects to your friends list Get a Link to this Reply
Not sure, but it wouldn't help since I round up to the next ounce, that 3.1g wouldn't be detectable
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