PCGS Guarantee worthy proofs? *pics*

Discussion in 'US Coins Forum' started by swagge1, Jan 7, 2012.

  1. swagge1

    swagge1 Junior Member

    I recently won a complete set of clad state quarters online. They are all Proof 69 DCAM according to PCGS They come 5 coins to a set for a complete year. One of the coins has terrible spotting on it. I looks like someone sneezed on the coin. I do not want to send the entire set back on account of this 1 coin. Do you think that this coin meets the criteria for PCGS to give me a refund? I don't see how this coin would grade PR69 DCAM with all of those spots. All of the other coins look fine.
    Thanks,
    Scott W.

    Here is the coin in question.
    [​IMG]


    It is the coin on the bottom right. Hard to see from this pic.
    [​IMG]

    Here is the reverse. The reverse is fine. It is the New Mexico coin.
    [​IMG]
     
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  3. pumpkinpie

    pumpkinpie what is this I don*t even

    why does the one on the top left keep looking like a pizza?
     
  4. Cazkaboom

    Cazkaboom One for all, all for me.

    Since it is a proof, they are mirror like, ans his angle can't cover each and every coin in the same shot, so it is reflecting on something orange-colored.
     
  5. Cazkaboom

    Cazkaboom One for all, all for me.

    Oh, and OP, I do not think it would grade PF69.
     
  6. Mark14

    Mark14 Star Wide Receiver

    with that kind of spotting what do you think it would grade?
     
  7. desertgem

    desertgem Senior Errer Collecktor Supporter

    Call PCGS customer service and ask your question and send them a photo in an email. Cuts to the chase.
     
  8. swagge1

    swagge1 Junior Member

    Probably just glare. IdK?
     
  9. GDJMSP

    GDJMSP Numismatist Moderator


    It graded as it did because the spots were not there when it was graded - they developed afterwards. But sending back the whole set would be your only choice. Odds are they'd just send you a new set.

    But I doubt I'd return it if it was me. The shipping alone will cost you almost what the set is worth. I'd just buy a new one - but that's me.
     
  10. DM1

    DM1 Active Member

    Because Oklahoma is actually known as "The Pizza State" ( Little-known historical fact ):goofer:
     
  11. Conder101

    Conder101 Numismatist

    Yes it would qualify under their guarantee, but what would it cost you for postage and insurance both ways to get it there and back? Probably more than the set is worth.
     
  12. swagge1

    swagge1 Junior Member

    Im probably going to email PCGS with better pics just to see what they will say. If I were to send it back I'd just send back the 5 coin holder in question, not the whole box of 50. These individial 5 coin year runs are selling for around $50 on ebay. I cant find a 2008-S clad right now at this moment.

    EDIT: DOing some searching I found an older post by The Penny Lady stating that PCGS would do a spot removal for a fee. Does anyone know if PCGS still does this?
     
  13. GDJMSP

    GDJMSP Numismatist Moderator

    Yes, they will dip coins if you ask them to. They have even been known to dip coins when you don't ask them to.
     
  14. swagge1

    swagge1 Junior Member

    I sent PCGS an email with some better pics. Hopefully I will hear from them this week.
     
  15. 19Lyds

    19Lyds Member of the United States of Confusion

    These coin(s) would best be submitted for PCGS Spot Review and NOT Grade Guarantee. It's a "FREE" service which should cover this particular coin and it'll only cost you too/from shipping plus the $8.00 handling fee. It is also 100 times faster than using the Grade Guarantee which is a $25 per coin "upfront" charge. If the coin doesn't change in grade, they keep the $25 bucks. If it does, you get your $25 back.

    -------------------

    NOTE: On 3/26/2011, I mailed a 3 coin Grade Guarantee Submission which cost me $107.95 total. The grades posted on 10/12/2011. 1 coin downgrade while the other 2 did not.

    On 7/1/2011, I mailed a 1 coin Spot Review Submission. The grade posted on 7/28/2011. PCGS Cleaned the coin up and it did not downgrade.

    On 7/23/2011, I mailed a 3 coin Spot Review Submission. The grades posted on 8/10/2011.

    -------------------

    Grades are guaranteed during spot review where they either replace the coin or pay the difference in a downgrade. I don't really foresee any problems with getting them to replace this particular coin if needed. Having a replacement 5 coin slab might be a different story though.

    Either way, you'll be responsible for Too/From shipping and the normal $8.00 handling fee. BTW, the cheapest Return Shipping Fee for 5 coins valued under $1,000 is $21.95.


    Base minimum, you're looking at $8.00 handling and $21.95 return shipping ($29.95) plus a minimum of $18.30 for Express mail shipping to PCGS. They only accept either Registered Mail (su-low) or Express Mail shipping. They'll also accept FedEx but that'll cost you $20+ in not more.

    Are you sure you can't live with the spots?
     
  16. swagge1

    swagge1 Junior Member

    This is the email I got from PCGS. Not much help from them. I can live with the spots, but I'll keep my eye out for a replacement 2008-S clad PR69 set to replace the spotted one with.

    Here is a better pic that i sent them PCGS slabbed these 5 coins in a multi coin holder as PR69 DCAM.

    [​IMG]


    Good Afternoon Mr. W.,

    We do not have a spot removal service. If you would like to send your coin in for the guarantee resubmit service, here is the information: http://www.pcgs.com/guarantee.html.

    Please let me know if I can be of further assistance.


    Thank you,
     
  17. GDJMSP

    GDJMSP Numismatist Moderator

    I think you may have worded your email incorrectly. You should have asked about Spot Review, not spot removal.
     
  18. swagge1

    swagge1 Junior Member

    I think you are correct. So lets say I ship the coin back to PCGS. Would they have a coin liek this in their "inventory" to replace my spotty coin with?
     
  19. GDJMSP

    GDJMSP Numismatist Moderator

    The don't really have an inventory. But they sure know where to get you one. David Hall does own David Hall Rare Coins after all.

    But odds are, they'd first try and dip the coin and see if that removes the spots.
     
  20. TheCoinGeezer

    TheCoinGeezer Senex Bombulum

    The facts that you enumerated are indicative of how utterly useless the PCGS "Guaranty" is for lower value coins.
    Just another good reason not to do business with them.
     
  21. GDJMSP

    GDJMSP Numismatist Moderator

    While I've never been a fan of PCGS, one of their bright spots is their guarantee. They do honor it. And I have no doubt whatsoever that they will honor it for the OP in this thread.

    The problem with this, so far, has been that the OP miscommunicated with PCGS by wording his email to them incorrectly.

    Your point of course is the same one that has been made several times in this thread. That being that it will cost more in shipping than the coins are worth in order for the OP to take advantage of the guarantee. There's no getting around that.

    However, you say that you do business with NGC. But things are no different with NGC in this regard than they are with PCGS. If the OP's coins were in an NGC slab he would be in exactly the same boat he is in now - needing to spend more on shipping than the coin are worth to take advantage of the NGC guarantee.

    I'll grant you NGC has advantages over PCGS in my opinion. And I were submitting coins for grading they would go to NGC. But in this situation there is no difference between the two companies.

    I guess the main reason I am even writing any of this is to make a point. That being, that you would be hard pressed to find bigger detractor of PCGS than me. I have spoken of the failings and weaknesses of the company for years. But I will give them credit where they have credit due. I guess that's the difference between you and me. You it seems, have nothing but negative things to say about PCGS - ever.

    I think we all know and are familiar with the phrase Kool-Aid drinkers, and what it means. But it almost seems like you are the complete opposite of that, almost like you drank a different Kool-Aid. You are of course entitled to your opinions just like everybody else. But I can't help but be curious - what was it that caused you to have these opinions ? I mean I know what my reasons are for the way I think about the company and I have mentioned them many times in post after post. But I just can't wrap my head around the idea as to how anyone could be as anti PCGS as you are. So if you could, and you would, please explain.
     
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