I dont really send coins in for grading however i do collect and invest in .999 Silver Coins and am concerned if i did ever get to that point where i wanted to send some In. how much value would you lose in the process of toning and tarnishing ? example: send some B/U coins in for grading and they come back as 70,s from Like PCGS and then after a few years they develop ugly toning are tarnish are they still 70,s ? Thanks for your input
I do not know the answer but eagerly await it from more knowledgeable folks... in the meantime, I'd love to know a sure fire way of how to make them send back 70s.
A very valid question, I have some coins that I look at and think "Dang...that's a pretty coin...I can't see one single flaw". How much chance does that have of coming back a 70? Perhaps @Insider will comment.
Toning, unless it is the shall we say unattractive kind, does not prevent a coin from being graded a 70. But if is as suggested, ugly, then yes it absolutely can be reason for a downgrade or the coin not being graded as high it might have been otherwise. This is because eye appeal, along with luster, are the two most important factors for the TPGs when it comes to grading. And eye appeal is definitely affected by toning.
Kentucky, posted: "I have some coins that I look at and think "Dang...that's a pretty coin...I can't see one single flaw". How much chance does that have of coming back a 70?" AFAIK few to none of the modern tier coin graders at the major TPGS's are allowed to use magnification of any kind. If they do, it is limited to low power possibly 7X at the max. This is to speed things up. We have the freedom to take as long as we wish at any magnification. Therefore, learn how to examine a coin properly - tip and rotate at the same time - and avoid any tiny mint-made imperfections. Spots are defects too; however, it seems to me that after the TPGS stopped guaranteeing coins that spotted after slabbing they have become more lenient on this defect. So, as posted above, send them a perfect coin and it should come back that way.
I believe one of the PCGS grading videos they said the graders use 5x-7x for grading and up to 20x for authentication. It was a general comment though not specific to moderns and I want to say that they said most use 5
baseball21, posted: I believe one of the PCGS grading videos they said the graders use 5x-7x for grading and up to 20x for authentication. It was a general comment though not specific to moderns and I want to say that they said most use 5." @baseball21 Do you ever go to the movies? I've been on tours through several grading rooms (not PCGS as CA is going to drop into the sea one day) and I can say for a fact that I have not seen one white glove except in brochures and videos. Hand lenses are there but I've never seen a "modern" grader use one while I was in the room. My comments cover decades up until perhaps five years ago. That was the last time (NGC) I looked in on their foreign grading room. Times change, perhaps they all use hand lenses on every modern coin but I doubt it very seriously. Hopefully, a member here has been inside NGC or PCGS and can enlighten us.
That's why I said it wasn't specific to moderns. It's a pretty good series they do on Youtube and they don't bother with any of the dog and pony white glove show. David Hall does them and gives a pretty decent insight to how they grade.
I think this is a very valid question and i appreciate everybody,s thoughts Especially about buying silver graded coins, if they turn ugly on you ! i dont Care what the grade is no one is going to pay top dollar even if it goes 70 So what are your options ? wouldnt think any if you cracked the case and Cleaned it drop in grade and "Remarks" A big reason not to grade or buy Silver Coins, iam sure others have there own Opinions, this is just mine
My thoughts are this - the MS69/70 game is a tough one. If your goal is to own a 70 for whatever reason (probably resale, if I'm understanding the original question), you're best to just go and buy a 70. I know in my experience, the difference in seat of your pants value between 69 and 70 can be 100% or more - that's a big risk at the grading table. I don't know that the MS70 buyer is that interested in the coin itself, just the 70 on the label. So regardless of what may happen inside the plastic after the coin is graded, the value will be more or less the same (of course if it tones in an ugly way, this could have a severe effect).
"An MS70 coin has no defects of any kind visible with a 5x glass." Seems like another case of "Do as I write; not as I do."
