I received the two coins in the mail today from an online order. Unfortunately was not able to view the exact coins I would be receiving, but given the 70 grades, I assumed perfection. Below is what I received: MS70 with significant milk spotting and some sort of toning below the DOLLAR: PR70DCAM ASE with what appears to be a scuff as well as a scratch on the field, below and to the right of the eagle's tail/feet: It is hard to tell on the proof one, but both of those appear to be on the coin, not on the inside of the case. Any thoughts on sending these in to PCGS under their grading guarantee? To be honest, I am looking into the sellers return policies first, but PCGS would be my next step.
It happens. thats why i don't buy pf 70 coins. inconsistent and subjective. Unless the seller is using false advertising I'm not sure what you want to happen. If you send it back to PCGS I don't know what you'll expect, honestly. it will come back as something lower, or it will come back the same and you will have wasted some resources.
PCGS.com/guarantee How to Use the PCGS Guarantee If you have a coin that you feel is overgraded or counterfeit, call PCGS Customer Service and they will help you fill out the proper submission forms. For approximate turnaround times, please ask a PCGS Customer Service Representative. After PCGS examines your coin, if PCGS feels your coin has been overgraded or is counterfeit, you will be contacted by phone or email and given the current market values so you can decide which of the repayment options you wish to use. If PCGS determines that the original grade is correct, your coin will be returned to you with the original grade and you will be responsible for the regrading fee and postage charges. If the grade determined under such "Guarantee Resubmission" procedures is lower than the grade originally assigned to the coin, or if the coin is found to be misattributed or non-authentic, PCGS shall pay the current market value for the coin in question at the originally assigned grade (in which case, PCGS shall become the owner of the coin), or at the owner of the coin's option, the difference between the current market value for the coin in question at the newly established grade and the current market value of the coin in question at the grade originally assigned (in which case, the coin at the newly established grade will be returned to the owner). PCGS will also refund the regrading fee and postage and insurance costs incurred by the coin owner in sending the coin to PCGS. IT IS UNDERSTOOD THAT PCGS WILL BE THE SOLE DETERMINER OF THE CURRENT MARKET VALUE OF THE COIN AND THAT CURRENT MARKET VALUE IS DEFINED AS DEALER REPLACEMENT VALUE, I.E. THE PRICE A DEALER WOULD MOST LIKELY HAVE TO PAY TO REPLACE THE COIN.. ___________________________________________________________-
Please do not click those links in the post by Brucetit. I've reported it. Sorry, have had some spammers recently
Milkspots appeared after grading, has nothing to do with PCGS. send back to seller, sell it at a discount or learn to live with it.
Given the sheer volume of moderns that the TPGs process it's no surprise that something like this would happen. I'm not sure how much time a grader is allowed to look at one of these but it must not be much. If it was me, after looking at several dozen of these, it would all be a blur.
Well, if ordering from the mint we have no choice...sight unseen...but I personally don't allow myself to ever buy from anywhere else without seeing/reviewing the actual coin, first. No assumptions on representative coins like so many sellers do...and buyers buy...on certain sites. I did have a seller recently who was nice and legit enough to take obv and rev photos of five of the same coins so I could pick out the one I wanted...and another still had the photo coin and allowed me to select/buy it, so it can pay to ask. As for this, I'd go back to seller or however to be refunded and don't go back...and sends a message to seller to improve their quality control of selection before mailing to customer. May have been a PCGS goof, first, but seller is selling it so it's his ultimate responsibility...not PCGS.
When you see milk spots, it is not a PR-70. It is my understanding that these things appear on recently minted coins. If that’s true, it’s a good reason to avoid new coins in holders like this. Once milk spots, they can’t be removed.
No TPG or Holder stops or helps prevent toning that Im aware of. Coins are untreated metal and will be subject to oxidation.
PCGS used to charge $10 per coin to remove milkspots but they were overwhelmed by tens of thousands of submissions they moved it to the conservation side with much higher costs. Milkspots are created during the preparation to strike the coins ( chemicals not washed all the way off) but will only show months or years after striking and long after graded.
