Slab details question

Why does this slabbed coin not have only a listed grade? Why does it show " MS60 Details"

 

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It's not really a "grade", that's just how they specify what the other TPGs call "MS DETAILS".

 

usually means it is a cleaned coins with the details of an MS 60 !!

 

Many years ago they would not accept a cleaned coin for grading.

 

They accept it and will write the grade of the details and then put details so we all know it was cleaned they are worth much less !!!!

 

That is neat that the grading company used to not grade cleaned coins.

 

It's what is done now but when slabbed coins were first created it wasn't so.

 

What are slabbed coins?

 

Coins graded by a company in that business. The coin is locked into a plastic holder [ slab ] to give it permanency.See the above photo.

 

Right. It used to come back 'body bagged'. No grade and no slab.

 

Thank you.

 

Maybe under the category of beating a dead horse, an excerpt from the PCGS website. . .

PCGS No Grades
Occasionally, the experts at PCGS encounter coins which, for one reason or another, cannot be authenticated or graded. These "No Grade" coins fall into three categories: problem coins, inconclusive, or ineligible. "No Grades" in the first category will be placed in a PCGS Genuine capsule (except where noted). Those in the final two categories will be returned to the submitter un-encapsulated. All coins, encapsulated or not, will receive one of the "No Grade" codes listed in the tables below.
Problem Coins

All of the coins in this category (other than 83 and 99) submitted through the regular PCGS services will be placed in a PCGS Genuine holder, ungraded, with one of the following numerical codes placed after the coin number on the holder insert. On certain No Grades (as noted in the table below) the problem is more fully described on the insert. To read a more comprehensive description of any No Grade, click on the “more” link of any No Grade category.
CodeReasonExplanationDescribedHoldered
82 Filed Rims Rim(s) and/or edge is filed. (more) Yes Yes
83 Peeling Lamination Potential for sealing damage. (more) Yes No
84 Holed and/or Plugged Any filled or non-filled hole. (more) Yes Yes
91 Questionable Color Any artificial re-toning & dipped copper. (more) No Yes
92 Cleaning Harsh cleaning or polishing. (more) No Yes
93 Planchet Flaw Generally large & prominent flaw(s). (more) No Yes
94 Altered Surfaces Any applied substance (wax, putty, lacquer). (more) No Yes
95 Scratch(s) Large & prominent scratch(s). (more) No Yes
97 Environmental Damage Corrosion, excessive toning, verdigris. (more) No Yes
98 Damage Any metal movement. (more) Yes Yes
99 PVC Residue Oily polyvinylchloride substance. (more) Yes No

 

I wouldn't say that.. this is good info to have and needs to be posted on occasion.

 

Thanks for the "like". I just wanted to acknowledge that others probably answered his question. I also wanted to point out that while a cleaned coin may get slabbed, it is theoretically ungraded despite having XF, AU, MS or whatever details.

 

would they still charge you if it was cleaned coin back in the day !!

 

I don't think they did.

 

Thats why they do it now because they are slabbing it so you have to pay them !!!

 

Not sure how far back it goes, but PCGS charged even when they used to return coins bodybagged. You are paying for an opinion, and the slabbing. You have to pay for the opinion whether you like it or agree with it.

 

They most certainly did charge back then. It really stung to know you wasted your slabbing money, the coin is worth much less than you hoped for and wasn't encapsulated at all - just returned in a flip.

 

Wow that is literally like a slap in the face I would hate to have had that happen to me !!