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Coin Sent Back With A "No Decision"

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MorganMatt's Avatar
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47 Posts
 Posted 08/20/2010  11:44 am Show Profile   Bookmark this topic Add MorganMatt to your friends list Get a Link to this Message Number of Subscribers
What does it mean if a TPG sends back a coin with a "No Decision"? And what should I do next with it.
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daviscfad's Avatar
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4541 Posts
 Posted 08/20/2010  11:53 am  Show Profile   Bookmark this reply Add daviscfad to your friends list Get a Link to this Reply
I dont know what it means. maybe its a fake or cleaned or damaged. pcgs I dont think grades any of the coin types I just said
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MorganMatt's Avatar
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 Posted 08/20/2010  12:11 pm  Show Profile   Bookmark this reply Add MorganMatt to your friends list Get a Link to this Reply
It may have been cleaned. It came from a relatives jewelry collection.

Is the value now dropped?
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nod2003's Avatar
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 Posted 08/20/2010  12:12 pm  Show Profile   Bookmark this reply Add nod2003 to your friends list Get a Link to this Reply
Which TPG did you use?
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biokemist6's Avatar
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 Posted 08/20/2010  12:18 pm  Show Profile   Bookmark this reply Add biokemist6 to your friends list Get a Link to this Reply
Jewelry coin are almost always cleaned/polished and sometimes even damaged from the bezel. Some jewelry coins are even full gold content replicas. Unless a coin is very rare, it is usually only worth gold value after being used for jewelry purposes.
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BH1964's Avatar
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 Posted 08/20/2010  2:27 pm  Show Profile   Check BH1964's eBay Listings Bookmark this reply Add BH1964 to your friends list Get a Link to this Reply

Quote:
What does it mean if a TPG sends back a coin with a "No Decision"?


Was it PCGS? Did the comments include, "Grading Fees Refunded"?

Severely damaged and/or altered coins are sometimes not even put in "Genuine" holders. This may be one of those cases.
ANA #R3154474
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SeatedNut's Avatar
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 Posted 08/20/2010  3:17 pm  Show Profile   Bookmark this reply Add SeatedNut to your friends list Get a Link to this Reply

Quote:
What does it mean if a TPG sends back a coin with a "No Decision"? And what should I do next with it.


It means there is something about the coins condition or authenticity that they are not willing to stake their reputation on or apply their guarantee to. They will not tell you what it is either. Your fees should have been refunded (except shipping).
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CEOcoinshop's Avatar
United States
186 Posts
 Posted 08/20/2010  10:19 pm  Show Profile   Bookmark this reply Add CEOcoinshop to your friends list Get a Link to this Reply
Can you post a picture of the coin?
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SsuperDdave's Avatar
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 Posted 08/22/2010  10:02 am  Show Profile   Bookmark this reply Add SsuperDdave to your friends list Get a Link to this Reply
It means they didn't have the guts to come down on one side or the other.

I would consider No Decision to be a good thing - TPG's are Details-grading coins at the slightest hint of impropriety these days, and for a Details grade to be refused indicates that they don't really believe the coin is "off."

Resubmit, if you're that interested in getting it slabbed. Perhaps to another TPG.
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MorganMatt's Avatar
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 Posted 08/23/2010  5:31 pm  Show Profile   Bookmark this reply Add MorganMatt to your friends list Get a Link to this Reply
Here are a couple pictures of that coin. Let me know what ya'll think.

Coin-Sent-Back-With-A-

Coin-Sent-Back-With-A-ctures of that coin.
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XavierOfGreen's Avatar
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 Posted 08/23/2010  7:59 pm  Show Profile   Bookmark this reply Add XavierOfGreen to your friends list Get a Link to this Reply
i imagine they may not have enough experience with that particular issue to make a determination, NGC is far better with foriegn coins than pcgs. I would try them.

-XoG
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MorganMatt's Avatar
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 Posted 08/24/2010  10:09 am  Show Profile   Bookmark this reply Add MorganMatt to your friends list Get a Link to this Reply
I've sent it to PCGS, NGC, and ANACS. I guess I have to go with the smaller TPG's.

Which one is best with international coins?
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remmy1100's Avatar
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380 Posts
 Posted 08/24/2010  10:13 am  Show Profile   Bookmark this reply Add remmy1100 to your friends list Get a Link to this Reply
Ummm... dont waste your money... If those 3 body bagged it, you will almost NEVER get your money out of having it graded by a fly by night operation. Just put it in a case or sell it outright. Having it put into a holder labeled something it isn't only hurts the collectors of that series of coin.
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SsuperDdave's Avatar
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 Posted 08/24/2010  10:43 am  Show Profile   Bookmark this reply Add SsuperDdave to your friends list Get a Link to this Reply

Quote:
I've sent it to PCGS, NGC, and ANACS. I guess I have to go with the smaller TPG's.


No. With the exception of ICG, which frankly is the best of the 4 with World coins in my opinion, there are no other reputable third-party graders.

Hadn't realized this was a non-US coin. A different situation applies here. World collectors are less-enamored with slabs than US collectors; a slab is a lesser guarantee of sellability. There is such a huge variety of differing issues that (as you've discovered) it's very difficult to find a firm whose comfort zone extends to other than Eurocentric coinage.

Keep the PCGS opinion should it come to resale; those in the know will realize that a No Decision from PCGS is tantamount to an endorsement.
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MorganMatt's Avatar
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 Posted 08/24/2010  11:05 am  Show Profile   Bookmark this reply Add MorganMatt to your friends list Get a Link to this Reply
Thank you for the help, will keep everybody posted if it gets slabbed or not in the next few weeks.
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 Posted 08/24/2010  9:21 pm  Show Profile   Bookmark this reply Add zeewool to your friends list Get a Link to this Reply

Quote:
It means they didn't have the guts to come down on one side or the other.


Heh, heh....I do appreciate your reference to anatomy Dave, and although it may not have been my choice of physical attributes to reference, I also admire your lack of inhibition toward political correctness.



I recognize the coin Matt. Paul DeFelice at ANACS has been asked about the capability of grading Thai coins of this particular vintage, and the answer was positive, although I do agree with Dave, ICG is the leader in foreign stuff.

One thing that has me a bit worried though, is the fact that I 'have' seen that particular variety in PCGS slabs before. I do not know how old the slabs were...possibly the attributor no longer is with PCGS ?
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