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TPG Question..

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benchede's Avatar
United States
112 Posts
 Posted 03/11/2010  10:29 am Show Profile   Bookmark this topic Add benchede to your friends list Get a Link to this Message Number of Subscribers
Having collected for several months now (still-a-newbe),and have a lot of coins slabbed. I've noticed some slabs that show no MS's. Example: a 1875cc 20cent was marked as, "PCGS Genuine" and that's all. Does this mean that its an old certified slab? How long back did they first start using MS's? Am I lost in the woods here
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oimcoins's Avatar
United States
149 Posts
 Posted 03/11/2010  10:44 am  Show Profile   Bookmark this reply Add oimcoins to your friends list Get a Link to this Reply
It means it is a "problem" coin of some sort. The first number shows a .9#(some other number)
Like a .92 is a cleaning.
Others numbers are damage, or other problems.
I do not have a list of what they all mean and if anyone does, it would be helpful.
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oimcoins's Avatar
United States
149 Posts
 Posted 03/11/2010  10:46 am  Show Profile   Bookmark this reply Add oimcoins to your friends list Get a Link to this Reply
And that is relatively new process. PCGS only recently started slabbing problem coins, but they will not assign a grade to one.
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Conder101's Avatar
United States
17884 Posts
 Posted 03/11/2010  11:53 am  Show Profile   Bookmark this reply Add Conder101 to your friends list Get a Link to this Reply
MS grading started at PCGS in Feb 1986. The "Genuine" slabs started only around a year ago. (Coins marked with just About Uncirculated or Brilliant Uncirculated were first made for bulk submitters about six years ago. Eight if you include the Collectors Universe slabbed WTC coins. But those were slabbed by CU not PCGS. When PCGS started slabbing WTC coins they used numerical grades.)
Edited by Conder101
03/11/2010 11:55 am
Valued Member
oimcoins's Avatar
United States
149 Posts
 Posted 03/11/2010  1:12 pm  Show Profile   Bookmark this reply Add oimcoins to your friends list Get a Link to this Reply
Found it!
* 91 Artificially Colored
* 92 Cleaned
* 93 Planchet (Coin Blank) Flaw
* 94 Altered Surface
* 95 Scratched or Rim Dented
* 97 Environmentally Damaged
* 98 Other Damage
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benchede's Avatar
United States
112 Posts
 Posted 03/11/2010  10:57 pm  Show Profile   Bookmark this reply Add benchede to your friends list Get a Link to this Reply
Thanks for all the info. It goes to show you that "I" better read more when I look at slabbed coins.
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Bryan1315's Avatar
United States
14454 Posts
 Posted 03/12/2010  2:02 pm  Show Profile   Bookmark this reply Add Bryan1315 to your friends list Get a Link to this Reply
until last year the only way to get a problem coin in a slab was to either send it to ANACS or NCS. These two companies (NCS was part of NGC company) would put a numerical grade but list the problem on the label. NGC and PCGS wouldn't even put the coin in a slab if it was a problem coin, they would just send it back to you in a flip (called a body bag by collectors) and keep the grading fee you paid. Last year NGC and PCGS started putting these problem coins in slabs but PCGS will not assign a grade just let you know it is an authentic coin (which is what allot want to know especially on key date coins, the old way you still didn't know if it was authentic or not if they thought it had problems) NGC I think will assign a grade the same way NCS used to do but put the problem on the label. ANACS is still the same way it always has been, they will grade and encapsulate any coin as long as its authentic but if it has problems they will put what they feel the problem is on the label
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Jaobler's Avatar
United States
6381 Posts
 Posted 03/12/2010  5:19 pm  Show Profile   Bookmark this reply Add Jaobler to your friends list Get a Link to this Reply
ICG will now also slab problem coins. They started doing that maybe 3 years ago. PCGS and NGC eventually followed suit, no doubt figuring they were missing an opportunity to sell their services to folks who already know they have problem coins!

The ICG "problem slab" label provides a details grade and a statement of the problem type, I believe.
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