1834 10c

Discussion in 'US Coins Forum' started by Kirkuleez, Dec 26, 2013.

  1. green18

    green18 Unknown member Sweet on Commemorative Coins

    Sad, ain't it?
     
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  3. Rick Stachowski

    Rick Stachowski Motor City Car Capital

    you mean detailed, which with pcgs has no grade, or pop. report either
     
  4. Kirkuleez

    Kirkuleez 80 proof

    [quote ="Rick Stachowski, post: 1838420, member: 42872"]you mean detailed, which with pcgs has no grade, or pop. report either[/quote]
    I don't mean details, when I say that a coin was market graded, I am referring to the practice that grading companies use to assign a value to a coin by giving a coin a numeric grade rather than grading the coin based on condition. This has been a practice that has been going on for years, just look at St. Gaudens double eagles, these coins are seldom properly graded in my opinion.
    The whole purpose of grading companies is to authenticate the coin and assign it a grade to which a person could buy a coin site unseen. Though you can still do this, I would prefer that they would use a number grade based on wear, or in the case of MS coins, contact marks and use a suffix to describe any former cleanings, scratches, environmental damage, artificial toning etc. So this coin may read AU-50 OC. What a coin utopia it would be.
     
  5. Rick Stachowski

    Rick Stachowski Motor City Car Capital

    heres the way that pcgs handle st. gaudens with detail coins, I know, I own one
    COIN INFORMATION
    Cert Verification #: 16076465
    PCGS Coin #: 9156
    Date, mintmark: 1910-S
    Denomination: $20
    Country: The United States of America
    Grade: Genuine (98 - Damage)
    Mintage: 2,128,250
    Holder Type: Standard
    Population: N/A
     
  6. Rick Stachowski

    Rick Stachowski Motor City Car Capital

    Why don't you just show us the slab, so we can see what going on, is it graded xf, or xf detailed, who graded it, what their standards are, and so on
     
  7. Kirkuleez

    Kirkuleez 80 proof

    I don't have an image of the slab, and it is in my SDB now, but it is a NGC XF-45. I am very well aware of how PCGS and NGC grade coins and have been a serious collector for over thirty years. I just don't agree with some of their practices, though I do consider them a great asset to the hobby, especially for newcomers.
     
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