PCGS question...

But what is the difference in price? $1?

 

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It just depends on the coin and the value between whatever the new grade is and what is marked on the slab (70).
From Dime to Dollar, a big difference in price usually

 

Hi, yes I will send some pictures of the coins in question. I do not want to send the link as that would reveal the seller, and since I partially am to blame I do not want to start anything. Ok,maybe a bit more than partially.

 

In this case, the prices used are those which PCGS sets themselves in their Price Guide.

 

You would assume that would be the case, but the real market price may be completely different than the guide price. And you know what happens when you assume.

 

I'm not "assuming." It's how PCGS does Grade Review.

 

Are there any PCGS price guide for modern coins?

 

Yes, I am the buyer. Don't remind me! LOL! To the sellers credit....

 

I stand corrected. It's a policy they've changed since I learned it years ago, and it speaks volumes about their Price Guide if they don't honor it when buying their own coins.

 

I'm not sure things are still the same but at one time PCGS would work with folks to find a solution to make them happy. They would find a new coin, pay the difference or just buy the coin back. They don't want mistakes out there. I'm sure it gets tougher to make folks happy with really high value coins.

 

Sending these in for grade review is probably a losing proposition. The difference in price between 69's and 70's in state quarters may not even cover shipping. And that's if PCGS agrees to downgrade them.
If you paid more than 15 bucks a piece for them you don't want to sink more money in them.

 

I still wonder about that "70" grade.

 

Now wait just a minute! If the gods say a coin is a 70 then it's a 70!

Right? Right? RIGHT?

 

Then I learned wrong. First time today; I'll take it.

 

Ok, folks thank you for the birthday wishes! Almost half a century old, and getting AARP mailings! Fantastic! LOL! Here is the picture that I promised. The seller in the auction listed a small mark under the "A" in America. This is not slab scuff. It's not a 70 by any means. Thoughts?

 

And another. Notice made of the small mark below the "E" in Liberty. Small but still notated, and still being offered as a 70?

 

While that's certainly possible, why would anyone want to take clad state quarters out of a slab and play with them??

The other possibilities are... if defect is on coin and not on slab... 1) Damaged somewhere in the process from grader to slabbing 2) Damaged while inside the slab, especially if not properly secured 3) Grader missed defect (aka misgraded).

 

Andrew... it's not the seller's grade, it's PCGS'. Even if the issues are in fact on the coins themselves, other than noting them, what would you expect him to do? Crack them out rendering them near worthless, or perhaps waste his time with PCGS? I believe you said they were offered in auction-style listings, right? If so, you really couldn't ask for more of a seller; he made potential buyers aware of what he saw, and let them dictate the price, yet when all is said and done, you bought PCGS' opinion and not his. You might have a valid complaint had he sold raw as 70's, but he didn't.

Also, it was you in the OP who first used "scuff", so it's only logical that others would take it at face value. With that said though, wait until they arrive and you can examine them with your own eyes. There's no reason to worry about the ifs and buts until they're in your hands anyway.