Did PCGS Standards Raise? - Coin Community Forum

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Author	Replies: 8 / Views: 2,616
skylerdmpl New Member Netherlands 32 Posts	Posted 04/02/2009 4:39 pm I have my most recent submission back from PCGS and to say I was shocked would be an understatement. On advise from at least few experts I played the crack-out game and lost big on this one. See examples below. Just wondering if there is any insight as to whether or not PCGS have increased their standard just this year? See many of coins submitted got downgraded, especially the DMPL-PL-(non)PL status. Also seems more scrutiny is given with new PGCS "Genuine" slab. Any other recent experiences or did I just have a really unlucky submission? Previous ANACS 1881-CC $1 MS65 DMPL Now: PCGS 1881-CC MS63 PL (major loss here!) ------------------------------ Previous ANACS 1881-S $1 MS65 PL Now: PCGS 1881-S MS64 (no PL) --------------------------- Previous: ANACS 1887 $1 MS65 PL Now: PCGS Genuine (94 - Altered Surface) (!) ------------------ Previous PCGS 1881-S MS 64-PL Now: PCGS 1881-S MS 64 (no upgrade, lost PL) -------------------------- Previous: ANACS 1880-S MS64-PL Now: PCGS 1880-S AU58 (wow!) ------------------------- I have many old PCGS DMPL slabs that I will dare not crack-out or even regrade now I fear it being downgraded to PL! Report this Post to the Staff

nohope587 Pillar of the Community United States 5953 Posts	Posted 04/02/2009 5:39 pm I am not sure how fair the test was a you were going from ANACS to PCGS for the most part and PCGS has always had the reputation of being the toughest graders... Report this Post to the Staff
daviscfad Pillar of the Community United States 4541 Posts	Posted 04/02/2009 5:43 pm If you had had them in pcgs and then sent them to pcgs again I would see but there seems to be a kind of big difference between Anacs and PCGS Report this Post to the Staff
BH1964 Bedrock of the Community United States 10982 Posts	Posted 04/02/2009 5:46 pm Quote: Previous PCGS 1881-S MS 64-PL Now: PCGS 1881-S MS 64 (no upgrade, lost PL) Did they pay you for the loss in value on this one? ANA #R3154474 Report this Post to the Staff
vermontensium Moderator United States 16677 Posts	Posted 04/02/2009 5:55 pm Yeah, PCGS is known for it's conservative grading. I'm not surprised by those grades although, we have not seeing your coins. As stated, ANACS is the most liberal of the big 3 IMO. Quote: Previous: ANACS 1887 $1 MS65 PL Now: PCGS Genuine (94 - Altered Surface) This one does surprise me swcoin.ecrater.com Edited by vermontensium 04/02/2009 5:59 pm Report this Post to the Staff
skylerdmpl New Member Netherlands 32 Posts	Posted 04/02/2009 6:42 pm For this one: Previous PCGS 1881-S MS 64-PL Now: PCGS 1881-S MS 64 PCGS did not pay me because I cracked-out hoping for better chance at getting a MS65-PL. They only pay you if you submit as regrade under their guarantee policy which I did not do. Was surprised to loose my PL status as coin seems to even be borderline DMPL! I am wondering if they are becoming more "precise" on how they determine reflectivity staus. The PCGS Genuine (94 - Altered Surface) was a real shocker so I think I will resubmit to ANACS and see what happens. Just browse around the recent submissions and see that PCGS is slabbing ALOT of coins with "Genuine" status. PCGS is running a ad now to submit your "problem" coins, but I am not sure that is the expectation for many of the submissions. I was always told that a coin gradable by ANACS would be gradable by PCGS. Well.. here is one case where that is proven to be wrong. http://www.pcgs.com/membership/Shared.aspx Report this Post to the Staff
QuickSilver Pillar of the Community United Kingdom 1077 Posts	Posted 04/02/2009 7:05 pm Just shows what a crock this whole third party grading scam is. No 2 people will grade a coin the same so why we rely so heavily on it is beyond me. I can see using it to determine authenticity, but beyond that it is subjective. Unfortunately it is now ingrained in the hobby. You could get the same grader both times. One time the day after the birth of his child, the second time the day after his mom died, and I bet you get different results. Until a coin can be graded by a machine it will not be consistent. Never can be with Human beings involved. As ever this is only my very humble opinion. (I hate slabs!) Report this Post to the Staff
Bryan1315 Bedrock of the Community United States 14454 Posts	Posted 04/02/2009 10:10 pm well anacs's DMPL is not PCGS DMPL, it has to have a full 8 or 10 inch mirror to be DMPL at PCGS I believe so an ANACS DMPL coming back PL doesn't surprise me. I would have been happy with an MS-65DMPL myself though Report this Post to the Staff
skylerdmpl New Member Netherlands 32 Posts	Posted 04/03/2009 2:06 pm Brian1315: Agree with you that Quote: anacs's DMPL is not PCGS DMPL but do you know more details to exact requirements? This is something that PCGS would not disclose when I asked. As far as I know they measure 3 things: 1)mainly depth of reflectivity (but how many inches and how many precision points do they measure on each side) Maybe PCGS requires 8" on 12 different points and ANAC requires "6 and checks only 8 points for example? Maybe this is their secret? 2)degree of contrast 3) surface imperfections that distract from points 1&2 maybe qualify a downgrade from DMPL TO PL <Also noted that PCGS requires DMPL on both sides - DMPL obverse with PL reverse will be downgraded to PL automatically - known> Specifically though (and back to my original question), does anyone have any evidence that PCGS standards for DMPL have increased recently? I ask because I have many old PCGS slabs with DMPL status that are much duller that the ones now graded PL and I am in limbo whether or not to send any of them to regrade. Report this Post to the Staff
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