What dealers would you not recommend

Any of them that start with GM (General Motors) :smile :hail:


You cant please everyone 100% of the time!!
Good or Bad.


RickieB

 

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It could also cost you.

A recent article in WSJ says that lawyers for companies are starting to sue folks who are leaving critical comments on the internet (blogs, forums, etc.) if they think they are libelous and could harm the reputation of the company.

I would be careful..

 

About a year ago I bought a 1928-S Peace Dollar (PCGS MS64) from John Hamrick. It was advertised online as a "PQ" coin, and the photo showed a coin with apparent PQ surfaces. When I got it in hand the cheek was so scuffed I about pucked. Cost me $100 for the look.

Lessons learned:

1. Risky buying coins from photos.

2. Even PNG dealers make mistakes.

3. Be ready to bite the bullet, I knew the risks and how much the look would cost.

 

Even as a dealer, I have had bad experiences with other dealers, and have my own list of dealers with whom I refuse to do business, luckily it's pretty short. However, that is based on my own personal experience, and perhaps others may not have had those same experiences with those dealers. But I think it would be very helpful to know WHY you feel certain dealers are "bad."

 

I have never heard of "PQ surfaces". What do "PQ surfaces" look like?

I thought 'PQ' meant Premium Quality - - - for that particular grade. In other words, if a coin is advertised as "MS-63 PQ" the seller means is it a high grade MS-63 but not quite MS-64.

 

I was kinda wondering about the PQ surfaces too.

 

Yes, PQ does mean premium quality for that grade, and you are correct in that it is super nice but not quite a grade higher. In this case, PQ surfaces mean very few marks or distractions for the grade. Usually MS63 graded coins have some "issue" that is apparent sometimes to the naked eye, but not always, like spots, uneven toning, large nicks, poor strike, etc. So for PQ surfaces, perhaps the marks are very few or tiny, but something else would cause it to be MS63 like spots, dirt, lack of luster, whatever. I had PQ stickers specially made and use them for the coins I sell that I think are really nice for the grade (both raw and slabbed), and Rick Snow's Photo Seal stickers and CAC stickers could be considered the same type of approval for a given coin.

MS64 graded coins will have more eye appeal and a lot less distractions, spots, noticeable bag marks, etc. And MS65 will, of course, have very few distractions and more luster, and so on. Hope this helps.

 

Hobo PQ is proof like quality. Often pertaining to the fields being mirror like. It might be something that someone who did not originally own the coin would say due to the fact he could not prove one way or another it was a proof coin.

 

I believe PL is Proof-Like, and PQ is Premium Quality, but perhaps since I am a copper specialist and not that familiar with silver, that acronyms for silver have different meanings.

 

Very interesting. I've never heard 'PQ' defined as Proof-like before. Do you have a reference for this?

 

Hobo I stand corrected and you are absolutely correct PQ according to PCGS stands for premium quality. Thank you for educating me.

 

Per PCGS Glossary;

PQ
Short for premium quality.

 

WLhalves, hmmm, just wondering, guess you didn't read my thread before Hobo's??

 

Sorry Penny Lady right as soon as I read hobos post I was off getting educated. I am always wanting to learn more and I am quick to admit when I am wrong.

Thank you by the way for your help.

 

I'm glad I could help.

 

The ones that look like this stay away.
JC

 

I totally agree with you Penny lady. We had one dealer who would sell us coins we needed & then a week later attempt to buy the coin back for less than what we paid him for it.