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 Replies: 23 / Views: 3,063 |
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New Member
United States
2 Posts |
I recently sent three coins to be graded at the world's premier coin grading company.it cost me $260 and I got them back at ms 63,I would have never gotten any coin worth $6 graded. One coin is a 1964 Lincoln Cent,it looks better than there ms68 coins on there website.i really feel some type of way about it.i know I can have them regraded but I paid $260. For $18 worth of coins.why would they do that to me? Does anyone know what I should do? |
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Pillar of the Community
United States
2829 Posts |
That TPG is one I'm not familiar with. Any possibility you can supply pics of just 1 of your coins? An obverse & reverse will do. Possibly we can come to some sort of conclusion as to "why" the TPG gave the grade they did. Thanks.  |
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Pillar of the Community
United States
7273 Posts |
Generally when your grading is so off compared to a TPG, that's usually a user error, in which case you as the user are the one who got the grade wrong, but before I say 100% that's it's you, we will need to see the coins. |
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Pillar of the Community
United States
3467 Posts |
Oh my, that's an expensive learning experience. What should you do? There isn't much you can do about the coins already graded. The TPG provided the service you paid for, it's unfortunate the grades assigned didn't match your expectations. In the future you can post coins here for grading estimates here prior to sending them off to a TPG. You'll get free, honest, opinions of your coins condition that you can consider before making the decision to send your coins in. |
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Bedrock of the Community
United States
19108 Posts |
A few photos would be good to see. Thanks.
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Bedrock of the Community
 United States
10472 Posts |
Yes - to put it bluntly stop sending in common coins to be graded. It takes years of learning how to properly grade coins before you can send them in and get actual 67's which usually is the least grade you can get and make money.
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Bedrock of the Community
United States
10472 Posts |
Quote:That TPG is one I'm not familiar with. I feel he was implying about PCGS - ( world's premier coin grading company.) |
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Bedrock of the Community
United States
10982 Posts |
Sorry about your experience. Please post images when you have them available. That said you cannot compare photos from a website to determine your coins grades. You need coin in-hand experience and lots of it. Keep us posted. We want to help out whenever possible. |
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Pillar of the Community
United States
6988 Posts |
 and to CCF and the wonderful world of subjective grading services. As stated in the future post pixs here in the grading forum. |
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Bedrock of the Community
United States
10472 Posts |
Quote:
we will need to see the coins. True, now that you are a member please post pictures and you can get a quick honest answer if you should send anything in or not. It will save you a lot of money.  |
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Pillar of the Community
 United States
5661 Posts |
Unfortunately, you have little recourse at this point. The grading company did exactly what you paid them to do. The photos for grading are helpful in lower grades, but for higher mint state grades you need to assess in hand hundreds or thousands of coins before being comfortable distinguishing between MS-65, 66, and 67 coins. And unless you're sending coins directly from the mint, 68 is probably never going to happen.
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Pillar of the Community
United States
7840 Posts |
You paid for their opinion, and you got it. Sounds like a learning lesson, and education is usually expensive.
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Pillar of the Community
United States
2829 Posts |
Quote:
I feel he was implying about PCGS - ( world's premier coin grading company.) As Homer Simpson would say.... "D'OH!"  |
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Pillar of the Community
Canada
5391 Posts |
That $260 spent at the grading company would
have been put to much better use had the OP
been educated on what and what not to send in.
The only happy party here is the grading company.
As stated you paid for a service ( albeit expensive)
and it was delivered!
Would be very interesting to see what else was submitted
besides the 1964 Cent ?
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Pillar of the Community
United States
780 Posts |
This is one of the reasons I own very few slabbed coins. Why would I spend hours agonizing over the condition of a coin and then send it to a TPG company only to have the grader glance at the coin for 30 seconds. I have to rely on the mood, and experience of the grader, who, in all likelihood has a minimum number of coins they must grade in a day and probably doesn't get paid very much for their services. TPG's have their place, but IMHO, they should only be used when absolutely necessary. |
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Pillar of the Community
United States
7273 Posts |
Quote: Why would I spend hours agonizing over the condition of a coin and then send it to a TPG company only to have the grader glance at the coin for 30 seconds. I have to rely on the mood, and experience of the grader, who, in all likelihood has a minimum number of coins they must grade in a day and probably doesn't get paid very much for their services I know of no coin that needs hours to grade. A good grader can spend 30 seconds and tell you the grade. The hardest maybe a 70. In which case a grader may do a double take. He can tell 69 in a few seconds but a 70 may need a minute or 2. Even million dollar coins are graded in seconds what happens is that a very high value coin has a more experienced grader, the coins prior grade is taken into consideration and the coin needs 2-3 levels of approval before a final grade is given. |
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Replies: 23 / Views: 3,063 |
Posted 01/12/2025 5:39 pm
