Does PCGS secure plus grading offer a higher level of quality and conservation?

I was reviewing the eBay listing below and the seller claims that PCGS secure plus holds the coin to a "higher level of quality" and that the coin has been "conserved and stabilized". The seller claims the coin will not milk spot. Is this true? I was under the impression that PCGS secure plus grading would take a picture of the coin and scan it into its database to help ensure that it is the exact coin. Am I mistaken or is this seller misrepresenting PCGS secure plus?

http://cgi.ebay.com/ws/eBayISAPI.dll?ViewItem&item=231284832432

"WHICH NOT ONLY HOLDS IT TO A HIGHER LEVEL OF QUALITY THAN STANDARD GRADING, IT ALSO MEANS THE COIN HAS BEEN CONSERVED AND STABLIZED. BASICALLY THAT MEANS THIS COIN WILL NOT MILK SPOT OR TURN IN THE HOLDER. OTHER COINS OF THIS GRADE THAT HAVE NOT BEEN STABILIZED WILL OVER TIME DEGRADE AND SPOTCAUSING THEM TO NO LONGER BE A TRUE 69... THIS COIN WILL NOT AND IT IS GUARANTEED AS SUCH BY PCGS."

 

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I don't know. I do have a question. do TPG's put on their slabs that coins have been "conserved". I am ok with being on the slab label. I just do not know if they have put it on the label yet ?

 

A coin doesn't have to be "conserved" to go under secure plus.
Also, coins using secure plus, get the sniffer test.
This is one way to try and get previously "questionable color" coins to grade cleanly.

 

I don't think TPG's reveal whether or not a coin has been conserved. The only one that knows is the person that submitted the coin and the TPG.

 

That is a 100% Bologne.

 

Here the coin sniffer Pcgs Secure and it add a fee. but worth fee on toned high grade coins

 

My understanding is that older world coins/tokens/medals must be submitted to PCGS under the "Secure" service for an additional fee*. This has been a deal breaker for me. We're talking $20+$25=$45 for pieces under $300 and $32 + $45 =$77 basic fees for pieces up to $3000 before postage, insurance, oversized holders, etc. These fees are a hefty % of the value of most items in my collection.

As a submitter of raw coins, I am willing to pay for an opinion on grade and genuineness while accepting the possibility that a TPG will refuse to assign a grade to pieces they feel have been tooled, whizzed, puttied, etc. etc. using whatever experience, special lighting or other technology they bring to bear. I just don't see enough value in the Secure service to merit more than doubling of grading fees. I would be happy if it were optional (like most US coins).

For those who submit world coins under the Secure service, what value do you derive from the service that justifies the additional fees?

* Coins Required for Secure Service: 1. All World (non-U.S.) coins except for Modern service level coins dated 1965 to date. 2. Any coin valued at $50,000 or higher.

yarm

 

you said sniffer and I think bloodhound. lol

 

Does the PCGS secure plus guarantee cover spotting on modern silver coins? I heard that it was changed recently and they will buy them back if in a secure plus holder.

 

Secure was Pcgs answer to C.A.C. I think .
Did it work I would think no ,I am sure I have seen more than one MS/PR Pcgs secure label with a green bean on it.

 

I agree Jello.

I think there is a percentage of collectors who won't even contemplate purchasing a coin unless it's in a PCGS holder with a green bean! IMO, they believe this to be the bullet proof purchase.

In a way, I'm thankful for that because there are many coins that do not fall into that category that have less potential bidders!

 

SecurePlus and conservation are two separate things. PCGS conservation or electrolysis prior to the coin being slabbed GREATLY reduces the chance of milk spotting. Then you couple that with the SecurePlus guarantee which DOES cover milk spotting and you have a combo for for a registry set. The conservation prevents spots and the SecurePlus guarantee has your back in the event (however unlikely) that spots develop anyway. I use this process for all my coins and the dealer I use for most modern silver coinage uses it as well. If the coin spots in this scenario pcgs buys it from you at market value.

 

If there money to be made John A know marketing to well. C.A.C is a prime example. For just an opportunity take your money. But you get a green sticker that can move.

 

No.

 

I guarantee PCGS doesn't use electrolysis to conserve coins.

 

I'd like to know your source for that as I know for a fact that modern .999 or .9999 coins can in fact be treated or conserved via electrolysis by PCGS in the conservation process. They do it to ALL of mine. Thanks

 

A former PCGS employee and also the dealer through which I submit most of my modern proof .999 and .9999 coinage.