PCGS Reconsideration question

Discussion in 'Coin Chat' started by C-B-D, May 20, 2016.

  1. green18

    green18 Unknown member Sweet on Commemorative Coins

    Let's see what tomorrow brings.........:)
     
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  3. baseball21

    baseball21 Well-Known Member

    Did you notice a change in any of the higher ones by any chance?
     
  4. C-B-D

    C-B-D Well-Known Member

    I checked that, but nothing. I know that they'd have to take trueviews and adjust the pops and set a price since IF it upgraded they'd have no price guide value. But really I have no idea.
     
  5. baseball21

    baseball21 Well-Known Member

    The only other thing I could think of would be to check the coin facts date and bring up all the trueview images and see if you recognize yours. Whether or not that would actually be put up first I don't know but obviously pictures are before holdering.
     
  6. BigTee44

    BigTee44 Well-Known Member

    so under what circumstances will they crack it? Would they crack it if they called it a 66 DMPL or would it need to stay at the 66+?

    I always wondered how that worked with the designations.


    Lets hope they didn't upgrade you and now the boss is freaking out trying how to glue the old holder back together :hilarious::hilarious::greedy::greedy:
     
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  7. C-B-D

    C-B-D Well-Known Member

    With Reconsideration, they don't crack it unless they agree to upgrade it. So it was a 66+PL, already the lone top pop at PCGS, but there are like 4 more NGC 66+PL's. So if they agreed to give it the DMPL, they'd have to leave the grade 66+, which would also be a top pop. And yes, the thought occurred to me that David Hall is blessing them all out for cracking it, trying to figure out what to do. Then again, I think a $50k coin is small potatoes to him and all those guys. When they go home at night, they tell their wives and girlfriends about the Pogue Collection coins, not mine... even if it upgraded.
     
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  8. Conder101

    Conder101 Numismatist

    I wonder if there is a problem because they thought it would upgrade, cracked it out and when they saw it out of the plastic changed their mind. A reconsideration that doesn't upgrade is supposed to be returned in the original plastic, but they can't put it back in the OP. So now they are trying to decide how to handle the problem.
     
  9. C-B-D

    C-B-D Well-Known Member

    This and a million other things are running thru my mind. I'm still hoping today is the day.
     
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  10. Insider

    Insider Talent on loan from...

    I don't understand your post. If a coin in a PCGS holder is sent back to PCGS and it gets cracked out FOR ANY REASON (mistake, type of submission, change their mind on regrade) all they need to do is reslab the coin into another PCGS holder.

    Additionally, there have been a few cases I know of when a grading service or auction house has cracked a coin out of a TPGS slab (sometimes by mistake :oops:); sent it to another TPGS, did not get the desired result,; and requested the original TPGS to "fix" the "big problem" :blackeye: and put it back into its original slab! :happy:
     
  11. C-B-D

    C-B-D Well-Known Member

    Reconsideration service is for coins that will absolutely not be cracked out of the holder unless they agree to upgrade it. Mine had a CAC sticker, and I didn't ask for regrade for that very reason... I didn't want to go thru the CAC hassle again. So PCGS is not supposed to crack it and reholder it in the same grade minus the CAC sticker. Not with reconsideration service.
     
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  12. Conder101

    Conder101 Numismatist

    Because under reconsideration if it won't upgrade it is supposed to come back in the same slab it was submitted in. In some cases the coin is in a rarer older slab and they DON'T want to lose that slab unless the coin will upgrade. Or the oldslab has a pedigree that will be lost if it were to just come back in a different slab at the same grade.

    How do they put it back in the original smashed slab? And since they can't how could they put it back in the "original" slab if they aren't using that type anymore?

    In many case putting the coin into a new slab at the same grade and serial number is NOT the same thing as having it in the original slab.
     
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  13. Insider

    Insider Talent on loan from...

    My point was this: A long time is passing with no answers. Although they are not to crack :oops: your coin do to the type of service you requested; they may have cracked it by mistake :facepalm:. The "green bean" really complicates things! IF a mistake was made, you can bet your marbles that the coin was reholdered and SENT OVERNIGHT TO CAC. :hilarious::hilarious::hilarious:
     
  14. Insider

    Insider Talent on loan from...

    I've been lucky to go inside a few grading services over the years. As of yet - Not PCGS :(. You may be surprised at what "parts" they keep in storage? Nevertheless, if the OP's coin was in a "modern" holder, both of us are BLOWING SMOKE :cigar: as it has NOTHING to do with this case! ;)
     
    Last edited: May 26, 2016
  15. C-B-D

    C-B-D Well-Known Member

    It was in a newer style holder, with a green CAC sticker. In the end it'll either be upgraded or not. I'll let you know when I know.
     
  16. Insider

    Insider Talent on loan from...

    Just for the heck of it...If it comes back as you sent it in, would you recognize if the CAC sticker was slightly off from the original? That would add to my "cooked-up" :wacky: scenario of a crack-out mistake returned to CAC. :rolleyes:o_O
     
  17. C-B-D

    C-B-D Well-Known Member

    Grade posted. It did NOT upgrade. It seems the finalizer overruled it. I was told to call and talk to a supervisor tomorrow. I'm betting it lost the CAC sticker.
     
  18. green18

    green18 Unknown member Sweet on Commemorative Coins

    How could that happen?
     
  19. Dancing Fire

    Dancing Fire Junior Member

    That would be stupid of them...why would they crack the coin if no upgrade?
     
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  20. Insider

    Insider Talent on loan from...

    IMO, speaking to a supervisor sounds like CYA. That does not sound like normal procedure. Are we expected to believe a supervisor speaks with each of the clients who do not get an upgrade? I think the answer is: cracked out for upgrade, then OVERRULED.:oops: Supervisor has some "splain" to do

    I hope for your sake and wallet that they still may have had CAC sticker it again on the QT. Ask nicely if they would do that for you if it is lost.
     
    Last edited: May 26, 2016
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  21. Kasia

    Kasia Got my learning hat on

    Maybe when they got it, someone put it in the regrade pile instead of reconsideration, and they didn't realize it until they had it through the system and in someone checking paperwork, they then realized they should never have cracked it open?
     
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