pcgs genuine

hi i saw on ebay a coin graded pcgs genuine....what does genuine mean and why didnt it have a real grade like g-4 or ms-66

thx
schanky

 

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PCGS' "Genuine" means that the coin has been damaged or cleaned or AT'ed or whatever so that it cannot receive a normal grade.

Chris

 

A coin graded genuine is just a problem coin that has a problem,and they will not grade, but is telling you the coin is real.

No Grade	Description
91	Artificial Color
92	Cleaning
93	Planchet Flaw
94	Altered Surfaces
95	Scratch / Rim Dent
97	Environmental Damage
98	Damage

 

Hmmm,

Thanks for sharing those codes for grading genuine coins. I am curious about the 93 code, wouldn't a planchet flaw be pre strike damage or am I not understanding the term correctly?

 

Once a planchet is struck then it becomes a coin so I would say yes, it would be pre strike damage. Though the more knowledgeable may correct me if I am wrong.

 

+1

 

In N'awlins, we don't call it a planchet flaw. We call it a parquet flaw.

Chris

 

Okay, so why would it not be labeled as such and be graded accordingly instead of genuine? Forgive me, I may still not be grasping the concept but it isn't considered pmd in the way that cleaning or some of the others might be.

 

Because PCGS doesn't want to be associated with the working class - cleaners, machinists, painters, etc.

Chris

 

~Aah, okies~ :foot-mouth:

 

Because the coin is considered damaged. It is not PMD, but still damage.

 

Aah okay, thanks for the information, that clears up what I was curious about~