CoinTalk

Welcome to Coin Talk! Register Now, it's easy and FREE!

Thousands of coin collectors, numismatists, coin dealers, bullion investors, and enthusiasts make Coin Talk their number one source for numismatic news, information about US and world coins, discussions and community.

You are currently viewing Coin Talk as a guest, which limits your access to content, contests and information. By joining our free community, you will be able to join in discussions, contact other members, place free advertisements, enter contests, and much more. Registration is easy and free. Register Now


Go Back   CoinTalk > Coin Forums > US Coins Forum

Notices

US Coins Forum This forum dedicated to the discussion of United States Coins.

Reply
 
LinkBack Thread Tools Rate Thread Display Modes
Old 07-23-2006, 04:30 PM   #1 (permalink)
Numismatist
 
Bonedigger's Avatar
 
Join Date: Oct 2005
Location: South Dakota
Posts: 7,885
PCI graded 1927 Peace Dollar

Team,

I've got a PCI 1927 Peace Dollar on the way. When it arrives I'll post it and see if any agree on the grade. Now you all know the 1927 is an under-rated key coin with a mintage of 848,000 and PCI is a under-rated TPG but in this coins case the grade appears accurate. Think I'll not only keep it slabbed, but it will become one of my industry standard slabbed coins.

Take Care
Bone

__________________
A few things to remember, Certification and Attribution are Absolute and Definitive. Grading, on the other hand IS NOT. STRIKE is everything, be it strong or weak.
Capped Bust Half Dollars Identification Reference
[SIGPIC][/SIGPIC]
Bonedigger is offline   Reply With Quote

Old 07-23-2006, 06:40 PM   #2 (permalink)
Retired
 
Join Date: Mar 2004
Posts: 5,822
Quote:
Originally Posted by Bonedigger
the grade appears accurate
If it is, it will be first one I've seen, and only the second one I've heard about.

I have an AU50 Japanese dragon yen in a PCI MS62 slab.

(Since I paid XF money for it, I guess I'm still OK)
__________________
Roy
satootoko is offline   Reply With Quote
Old 07-23-2006, 06:43 PM   #3 (permalink)
Coin Rich, Money Poor :D
 
tdec1000's Avatar
 
Join Date: Mar 2005
Posts: 1,321
My Mood:
I want to see a picture!!
tdec1000 is offline   Reply With Quote
Old 07-23-2006, 08:44 PM   #4 (permalink)
Researching Coins
 
Speedy's Avatar
 
Join Date: Mar 2004
Posts: 11,790
My Mood:
Quote:
If it is, it will be first one I've seen, and only the second one I've heard about.
There are a good many coins in PCI slabs that are graded right or undergraded.
I have my 1909-S VDB in a PCI slab and its graded right....I got my 1926-S Buff in a F-15 PCI slab and it came back from NGC graded VF20.
So if you look you will find lots of nice coins in PCI slabs.

Speedy
__________________
Coin collecting is the only hobby in the world that you can spend all the money in the world and still have some left over
Speedy is offline   Reply With Quote
Old 07-23-2006, 09:47 PM   #5 (permalink)
Supporter**
 
Join Date: Jul 2004
Location: Jefferson City, Tennessee
Posts: 3,008
I have a general rule in that I will not bid on or purchase a coin off of eBay or other Internet Auction site that has been slabbed by PCI within the last 5 years! There are exceptions such as, when the pictures are good enough so that you can tell with some certainty that the coin was not overgraded or when the price is way below the value of the coin in the grade given. I usually want to have the coin in hand to inspect it and determine if it has been overgraded or not. in fact, I picked up a nice 1882-CC Morgan today that is in an older generation slab and graded MS-64 by PCI! I could not pass it up since it might actually sqeek out an MS-65 from NGC or PCGS, it is an unattributed VAM and the price was only $200.

My advice is, to shy away from Coin Dealers at Coin Shows that have large amounts of one or more series of coins in new PCI slabs (i.e. many common Date Morgan or Peace Dollars, many State Quarters, many BU Red Wheat Cents, etc.) unless the prices on their' coins are too low to pass up. I have actually seen Coin Dealers purchase $1,000 and $5,000 bags of Uncirculated common Date Morgan or Peace Dollars then submit all of them at once to PCI at a Coin Show. Many Dealers submit large amounts of coins at once to PCI, first to get the coin in a slab which boosts the value and return on the coins and second in hopes of getting a higher grade than they would from other TPG's which again boosts the value and return on the coins. If you notice a Coin Dealer with large amounts of PCI graded coins then they probably have many more boxes of them behind or under their' table!


Frank

Last edited by huntsman53; 07-23-2006 at 09:54 PM.
huntsman53 is offline   Reply With Quote
Old 07-23-2006, 09:57 PM   #6 (permalink)
Treasure Hunter
 
Cloudsweeper99's Avatar
 
Join Date: May 2005
Posts: 5,764
I see a lot of PCI graded coins around. I've never purchased one. This isn't so much because of the potential overgrading. It's more because I fear buying a cleaned coin that they may have slabbed, which I'm not particularly good at detecting.
Cloudsweeper99 is offline   Reply With Quote
Old 07-24-2006, 05:00 PM   #7 (permalink)
Senior Member
 
glaciermi's Avatar
 
Join Date: Aug 2005
Location: Detroit
Posts: 400
My Mood:
I have a PCI 1997-P SMS Nickel MS69 6FS that is quite beautiful and I paid $200.00 for. I'm hoping it holds it's value against the PCGS and NGC models going 1.5 or more this price.
glaciermi is offline   Reply With Quote
Old 07-24-2006, 06:03 PM   #8 (permalink)
Junior Member
 
Join Date: Mar 2006
Posts: 12
Quote:
Originally Posted by Cloudsweeper99
I see a lot of PCI graded coins around. I've never purchased one. This isn't so much because of the potential overgrading. It's more because I fear buying a cleaned coin that they may have slabbed, which I'm not particularly good at detecting.
When trying to detect cleaned coins look for hairlines.
S13ACoin is offline   Reply With Quote
Old 07-24-2006, 06:56 PM   #9 (permalink)
Treasure Hunter
 
Cloudsweeper99's Avatar
 
Join Date: May 2005
Posts: 5,764
Would PCI be considered the "5th best" TPG after the big 4?

I also see some controversial opinions about SEGS with some saying it is okay and some saying avoid them.
Cloudsweeper99 is offline   Reply With Quote
Old 07-24-2006, 06:59 PM   #10 (permalink)
Coin Rich, Money Poor :D
 
tdec1000's Avatar
 
Join Date: Mar 2005
Posts: 1,321
My Mood:
Quote:
Originally Posted by Speedy
There are a good many coins in PCI slabs that are graded right or undergraded.
I have my 1909-S VDB in a PCI slab and its graded right....I got my 1926-S Buff in a F-15 PCI slab and it came back from NGC graded VF20.
So if you look you will find lots of nice coins in PCI slabs.

Speedy
Speedy, with that buffalo nickel did you crack it out first?
tdec1000 is offline   Reply With Quote
Old 07-25-2006, 08:29 AM   #11 (permalink)
Researching Coins
 
Speedy's Avatar
 
Join Date: Mar 2004
Posts: 11,790
My Mood:
Quote:
I also see some controversial opinions about SEGS with some saying it is okay and some saying avoid them.
I've heard that SEGS is best for errors and variety <sp?>.....but not for grading.

Quote:
Speedy, with that buffalo nickel did you crack it out first?
Yes I did---I have another one I bought raw that I hope to send in soon---I'm 99% sure that it will also come back VF.

Speedy
__________________
Coin collecting is the only hobby in the world that you can spend all the money in the world and still have some left over
Speedy is offline   Reply With Quote
Old 07-25-2006, 08:40 AM   #12 (permalink)
Numismatist
 
Jim M's Avatar
 
Join Date: Jan 2006
Location: In A House
Posts: 2,768
Has PCI changed their slabs in the last 5 years? I have a dozen or so PCI slabbed coins, they all look either close or undergraded. They were all slabbed 20+ years ago though. A few of them might find their way to NGC soon.
__________________
WINS, ANA, MSNS, HVNS, TEC, CONECA

"Never Argue with an Idiot. They drag you down to their level, then beat you with experience!."
Jim M is offline   Reply With Quote
Old 07-25-2006, 08:43 AM   #13 (permalink)
Researching Coins
 
Speedy's Avatar
 
Join Date: Mar 2004
Posts: 11,790
My Mood:
Hey Jim
read this:

http://www.k6az.com/pci/pci.htm

Speedy
__________________
Coin collecting is the only hobby in the world that you can spend all the money in the world and still have some left over
Speedy is offline   Reply With Quote
Old 07-25-2006, 09:01 AM   #14 (permalink)
Numismatist
 
Jim M's Avatar
 
Join Date: Jan 2006
Location: In A House
Posts: 2,768
Thanks Speedy. Just went there, Interesting read. According to that article, all of mine are the old slabs just as I thought they would be.
__________________
WINS, ANA, MSNS, HVNS, TEC, CONECA

"Never Argue with an Idiot. They drag you down to their level, then beat you with experience!."
Jim M is offline   Reply With Quote
Old 07-25-2006, 11:46 AM   #15 (permalink)
Supporter**
 
Join Date: Jul 2004
Location: Jefferson City, Tennessee
Posts: 3,008
Quote:
Originally Posted by Speedy
I've heard that SEGS is best for errors and variety <sp?>.....but not for grading.


Speedy

Speedy,

You are right! Larry Briggs with SEGS ranks with the best when it comes to identifying errors and is one of the foremost Authorities on rare Varieties of the early Half Cents, Large Cents, Quarters, Halves and Silver Dollars! If you have anything in these series from 1793 throught the 1800's that you are wondering about, then he is one of the persons to ask. He can be found at the SEGS booth (tables) at most Coin Shows. Also, he buys, sells and trades many of the early U.S. coins, so of you ever want to see some of the rariest and oldest U.S. coins, you might want to stop by the SEGS booth and look at some of the coins he has.

SEGS is really quite a bit better with grading than some folks give them credit for! They are a fairly small Grading Service Company that has had difficulty establishing a name in the game but believe that if they can survive, they will someday give PCGS and NGC a run for their money!


Frank
huntsman53 is offline   Reply With Quote
Reply

Bookmarks
Would you like to support CoinTalk?

Coin Talk Code of Honor
1. Post unto others as you would have them post unto you.
2. Keep it clean, like a 1950s family television show.
3. If you don't like the coin, don't trash the person.

Thread Tools
Display Modes Rate This Thread
Rate This Thread:

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are On
Pingbacks are On
Refbacks are On


» Newsletter
Sign up for CoinTalk's Newsletter
enter your email address below.
» Unanswered Posts
Do You Have the Answer?
» Sponsors

» Today's Top Posters
Top Posters in Last 1 Days
[31]
[20]
[16]
[15]
[14]
[14]
[13]
[13]
[12]
[11]

All times are GMT -4. The time now is 05:20 AM.


vBCredits v1.4 Copyright ©2007 - 2008, PixelFX Studios
Copyright 2008 CoinTalk
"Wiki" powered by VaultWiki v2.5.0.
Copyright © 2008 - 2010, Cracked Egg Studios.