Coin Community Family of Web Sites Join Thousands of Coin, Bullion, & Money Collectors
Shop for APMEX Bullion on eBay!Specializing in Modern Numismatics Royal Canadian Mint products, Canadian, Polish, American, and world coins and banknotes. Coin, Banknote and Medal Collectors's Online Mall Join Thousands of Coin, Bullion, & Money Collectors Vancouvers #1 Coin and Paper Money Dealer 300,000 items to help build your collection!








Username:
Password:
Save Password
Forgot your Password?


This page may contain links that result in small commissions to keep this free site up and running.

Welcome Guest! Registering and/or logging in will remove the anchor (bottom) ads. It's Free!

Is This Question Valid About TPG's

To participate in the forum you must log in or register.
Author Previous TopicReplies: 7 / Views: 1,586Next Topic  
Pillar of the Community

United States
984 Posts
 Posted 08/31/2021  1:51 pm Show Profile   Bookmark this topic Add grospoisson to your friends list Get a Link to this Message Number of Subscribers
It seems the most respected TPG's PCGS, NGC, ANACS, ICG and others charge extra for a variety designation. What's wrong with my logic. If a coin is submitted for grading shouldn't a "professional grader" under high magnification immediately recognize full bell lines, full steps, DMLP coins and double dies, etc. and designate as such? If a coin is scrutinized as it should be the "professionals" should designate as such. It seems to me that it's just another way to make money! TPG's have squeezed out the little guy, I guess. Politely correct my reasoning. I am sure there are cases for new varieties.
Pillar of the Community
Tanman2001's Avatar
United States
4395 Posts
 Posted 08/31/2021  2:37 pm  Show Profile   Check Tanman2001's eBay Listings Bookmark this reply Add Tanman2001 to your friends list Get a Link to this Reply
Grader and attributer is a different profession, different expertise, different knowledge.

But yes it is a bit pricey, but so is grading overall.
Pillar of the Community
hfjacinto's Avatar
United States
7273 Posts
 Posted 08/31/2021  2:48 pm  Show Profile   Bookmark this reply Add hfjacinto to your friends list Get a Link to this Reply
We'll use Anacs as an example.

Much of what you describe are not "varieties", those are standard terms that will be applied like:
FSB -Full Split Bands - Mercury and Roosevelt dimes
FH - Full Head - Standing Liberty quarters - (AU 50 and above)
PL - Proof-Like -Business Strike Coins - (AU 50 and above)
DMPL - Deep Mirror Proof-Like - Business Strike Coins (AU 50 and above)
UDM- Ultra Deep Mirror Proof-Like -Business Strike Coins (AU 50 and above)
FBL - Full Bell Lines - Franklin half dollars Full Bell Lines not designated on Proofs, save with reholders.
5 STEPS -Five Steps - Jefferson Nickles Steps not designated on Proofs, save with reholders.
5.5 STEPS - Five and One Half Steps -Jefferson Nickles Steps not designated on Proofs, save with reholders.
6 STEPS Six Steps - Jefferson nickles - Steps not designated on Proofs, save with reholders.
CAMEO - Cameo Contrast Proof Coins and SMS Coins
DCAM - Heavy Cameo Contrast Proof Coins and SMS Coins
RED - Red Color Copper Coins
RB - Red Brown Copper Coins
BRN - Brown Color Copper Coins

There are others like Satin Finish
Is-This-Question-Valid-About-TPG's
and the Privy Marks for example
Is-This-Question-Valid-About-TPG's

There is no charge for those.

There is a charge for varieties, from Anacs:

You can either submit your coins with the attributions already included or you can ask ANACS to research the attribution for you. The cost for ANACS to look up your attribution and to verify it is just $9 per coin, plus the grading fee. The cost for ANACS to research an attribution for you is only $12 per coin, plus the grading fee. You must submit each of your coins for variety, attribution or error designation for verification or research on a separate submission form from all your other coins.
Edited by hfjacinto
08/31/2021 2:49 pm
Valued Member
United States
283 Posts
 Posted 08/31/2021  3:55 pm  Show Profile   Bookmark this reply Add Kcm to your friends list Get a Link to this Reply
One of the values these TPG's sell is assurance of their determination. They will refund your purchase price of any coin they misjudged and slabbed. They have done a few refunds. Suppose they were to get everything right (authenticity, grade, etc.) but the variety attribution wrong, they are on the hook for the whole refund including the attribution premium. TPG's have to charge for being deeper on the hook. methinks.

Kevin
Edited by Kcm
08/31/2021 3:56 pm
Pillar of the Community
suipakpaikungfu's Avatar
United States
992 Posts
 Posted 08/31/2021  4:10 pm  Show Profile   Bookmark this reply Add suipakpaikungfu to your friends list Get a Link to this Reply
KCM, you might want to check NGC's website. They will NOT guarantee attributions.
Pillar of the Community
United States
984 Posts
 Posted 08/31/2021  4:42 pm  Show Profile   Bookmark this reply Add grospoisson to your friends list Get a Link to this Reply
Well you guys have put things in a different light. Maybe I didn't realize the market value of variety coins. I am led to believe that the TPG's only spend a very short time with each coin. I didn't know someone else will will evaluate the variety or designation hence adding to the cost. In my mind every TPG was an expert on all coins. I now realize that's unrealistic on the other hand Morgan experts should know Morgan varieties, Jefferson experts should know Jefferson varieties and so on. In the end I have no idea what goes on at these companies and I never will . thanks for the replies.
Valued Member
United States
283 Posts
 Posted 09/01/2021  10:18 am  Show Profile   Bookmark this reply Add Kcm to your friends list Get a Link to this Reply
@suipakpaikungfu,

I just did the research you advised. Whodathunk! Thanks for the heads-up.

Kevin
Pillar of the Community
United States
2869 Posts
 Posted 09/02/2021  9:50 pm  Show Profile   Bookmark this reply Add Oldfordman to your friends list Get a Link to this Reply
The only grade stuff like 55 ddos without an attribution fee
  Previous TopicReplies: 7 / Views: 1,586Next Topic  

To participate in the forum you must log in or register.



    




Disclaimer: While a tremendous amount of effort goes into ensuring the accuracy of the information contained in this site, Coin Community assumes no liability for errors. Copyright 2005 - 2026 Coin Community Family- all rights reserved worldwide. Use of any images or content on this website without prior written permission of Coin Community or the original lender is strictly prohibited.
Contact Us  |  Advertise Here  |  Privacy Policy / Terms of Use

Coin Community Forum © 2005 - 2026 Coin Community Forums
It took 0.27 seconds to rattle this change. Forums