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Anyone Remember My Fathers 1909 S VDB?

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ceaton's Avatar
United States
1179 Posts
 Posted 12/16/2009  9:03 pm  Show Profile   Bookmark this reply Add ceaton to your friends list Get a Link to this Reply
Would it even be worth a shot to send it to PCGS again, out of the slab of course? Maybe this time someone else would check it out and possibly grade it. Otherwise I guess send it to other TPG's like other mention. Its worth the money in my opinion. I personally love this coin!
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scotty11's Avatar
United States
1042 Posts
 Posted 12/16/2009  10:17 pm  Show Profile   Bookmark this reply Add scotty11 to your friends list Get a Link to this Reply
I've given that some thought ceaton.

I'll add, that this coin did go to PCGS through a local dealer. 2 separate people at the shop verified it's authenticity before I decided to ship it. Both were surprised that it didn't receive a grade.

Admitting that I'm somewhat of a skeptic...(coupled with being somewhat of a newbie)...and realizing that this was the very first coin that I've ever sent for grading...let alone, trusted to have someone else send for me... Trust me, I've run the gamut with my doubts and fears.

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BadThad's Avatar
United States
19964 Posts
 Posted 12/16/2009  10:28 pm  Show Profile   Bookmark this reply Add BadThad to your friends list Get a Link to this Reply
If you don't mind me asking....how much did he charge you to submit it to PCGS? I wouldn't resend to them, I think you're better off trying NGC next.
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biokemist6's Avatar
United States
12437 Posts
 Posted 12/16/2009  10:48 pm  Show Profile   Bookmark this reply Add biokemist6 to your friends list Get a Link to this Reply
I agree with Thad, if you were to resubmit it, at least NGC would assign an actual grade even if they did feel that it was cleaned or whatever. The PCGS "genuine" labels are a joke IMO, nothing but a revenue enhancer for them and it still leaves owner and buyer to argue over grade.
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scotty11's Avatar
United States
1042 Posts
 Posted 12/16/2009  10:56 pm  Show Profile   Bookmark this reply Add scotty11 to your friends list Get a Link to this Reply
$60 Thad. I do realize that I probably could have done it myself for less but..."time is money" sometimes eh?

*As I type this, I'm currently sorting through $50 of bank-wrapped cents... and laughing at the whole "time is money" remark...

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scotty11's Avatar
United States
1042 Posts
 Posted 12/16/2009  11:04 pm  Show Profile   Bookmark this reply Add scotty11 to your friends list Get a Link to this Reply

Quote:
The PCGS "genuine" labels are a joke IMO, nothing but a revenue enhancer for them and it still leaves owner and buyer to argue over grade.


Does that imply that NGC's grades are less worthy than what PCGS's non-grades are?

I'm not trying to stir the pot...it's an honest question.

Is a PCGS "non-grade" more valuable than a "graded" NGC?


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biokemist6's Avatar
United States
12437 Posts
 Posted 12/17/2009  12:23 am  Show Profile   Bookmark this reply Add biokemist6 to your friends list Get a Link to this Reply
NGC will assign a "details" grade to a coin along with a notation of the problem. To me, that is much more informative(and more worthy of the money spent) than PCGS simply declaring a coin to be genuine and nothing more. For a long time, PCGS was the only game in town that refused to grade problem coins like it was beneath them or something. Sure, NGC would not slab them as well but at least they had their sister company, NCS, that would do details grading for problem coins. Finally, the "will of the market" has forced PCGS to deal with problem coins but they still half-donkey it

All things considered, if you had two coins identical in all aspects, one in a PCGS genuine slab and the other with an NGC details grade, I see no good reason why the PCGS coin could perceivably have more "value" based on the name of PCGS alone. To me, it is analogous to that disaster of a car from the 1980s, the Cadillac Cimarron- all name and no quality.
Edited by biokemist6
12/17/2009 12:29 am
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BadThad's Avatar
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19964 Posts
 Posted 12/17/2009  09:16 am  Show Profile   Bookmark this reply Add BadThad to your friends list Get a Link to this Reply

Quote:
To me, it is analogous to that disaster of a car from the 1980s, the Cadillac Cimarron- all name and no quality.


HAHAHAHAHAHA....the Cadillac Cavilier! Add leatherette to a Cavilier and VIOLA....a Caddy! LOLOLOLOL
Lincoln Cent Lover!
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