Better grading results by sending economy as oppose to regular or express?

Discussion in 'US Coins Forum' started by BustHalfNut, Sep 16, 2019.

  1. BustHalfNut

    BustHalfNut Member

    Someone told me they have much better luck by sending stuff economy as opposed to regular or express...for example if you have a rare variety, you slip it past without attribution as an economy submission and then to reholder with attribution if you desire. Maybe kind of bordering on a conspiracy theory, but the idea is that if you send it at a higher tier, the company knows you expect more/will spend more again to crack it out and send it back, but if it's a low value coin, you won't spend the money again. Does anyone agree/disagree?
     
  2. Avatar

    Guest User Guest



    to hide this ad.
  3. ToughCOINS

    ToughCOINS Dealer Member Moderator

    Interesting theory, but I can't tell you if it bears out in practice.
     
  4. ldhair

    ldhair Clean Supporter

    I don't think it matters. Some think you get better grades if sent in at a higher tier.
     
    Last edited: Sep 16, 2019
  5. C-B-D

    C-B-D U.S. Type Coins or death!

    I have not experienced that, but one conspiracy theory I definitely believe is that your 8 coin voucher when you renew your membership gets preferential grades. (In the form of a small grade bump or overlooking of a slight problem/issue). I've experienced this multiple years when my renewal comes up.
     
    Stevearino, wxcoin and johnmilton like this.
  6. cpm9ball

    cpm9ball CANNOT RE-MEMBER

    Gee, I didn't know that the graders processed the submission form and any additional paperwork such as a grading coupon. I guess the only job required of the receiving personnel is to check for bombs, anthrax, etc.

    Chris
     
    wxcoin, rooman9 and C-B-D like this.
  7. Kentucky

    Kentucky Supporter! Supporter

    Since I know nothing about the grading process, does the fee change with the coin's value?
     
  8. cpm9ball

    cpm9ball CANNOT RE-MEMBER

    The insurance fee would change. I don't know about the tier charge.

    Chris
     
  9. ToughCOINS

    ToughCOINS Dealer Member Moderator

    Economy is definitely less expensive, but there are maximum value guidelines which must be followed in submitting under that tier.
     
    Stevearino likes this.
  10. messydesk

    messydesk Well-Known Member

    I think it's more superstition than anything else. Your grades will depend on which graders see the coins, and which finalizer oversees the final grading.

    If you submit a coin in the wrong tier and it's obviously the wrong tier (a VF 93-S Morgan under economy, for example), they'll bump it up to the correct tier.

    One theory I haven't heard much about lately is the "set-up coin theory," which states that the grade you get on any given coin in a submission is influenced what the coin before it looks like.
     
    Player11 likes this.
  11. BustHalfNut

    BustHalfNut Member

    "One theory I haven't heard much about lately is the "set-up coin theory," which states that the grade you get on any given coin in a submission is influenced what the coin before it looks like."


    That's interesting...can you elaborate more? Are you saying you should maybe put a worse looking coin of the same type on the "line" just before the one you care about most?
     
  12. TypeCoin971793

    TypeCoin971793 Just a random nobody...

    I’ve experienced this with NGC
     
  13. messydesk

    messydesk Well-Known Member

    The funny thing is that I've heard several ways to do this. Put lesser coins of the same type in front of it to make it look better, put other great coins around it so that it can ride coattails, put a different type near it so that it stands out, and so on. That there are assorted theories on the proper execution of the set-up coin tells me that it is more superstition than anything else.
     
  14. micbraun

    micbraun coindiccted

    I disagree. It’s either...
    A) an urban legend
    B) superstition
    or
    C) a conspiracy theory
     
  15. Darkside

    Darkside New Member

    I recently listened to the latest CoinWeek podcast which touched on this. They interviewed Steve Feltner, PCGS' Director of Numismatic Education Outreach and former PCGS grader, and this question came up.
     
  16. TypeCoin971793

    TypeCoin971793 Just a random nobody...

    This was sent in to NGC three times. The first two times with the O-109a (rare) attribution. Both times it got AU details, cleaned. The third time (no attribution) it got AU-55. Then it got sent in a fourth time to be properly attributed.

    So you tell me. Imagination, superstition, or conspiracy theory?

    1AE95C8A-CA16-4BE8-A526-DF6159544EFC.jpeg FE22DF6E-4E15-4019-9629-90CBB89E3C89.jpeg
     
  17. BustHalfNut

    BustHalfNut Member


    Was it sent under regular the 3rd time, as opposed to express the first 2 times?
     
  18. micbraun

    micbraun coindiccted

    It doesn’t matter. A lightly cleaned/dipped coin can go one way or another. Busties may get misattributed sometimes, no matter the grading tier. Considering “time is money”, errors will be made and a borderline problem coin may not grade today, but may receive a straight grade tomorrow.
     
  19. C-B-D

    C-B-D U.S. Type Coins or death!

    Yeah but it also CACed after all that. So was it "borderline?"
     
  20. cpm9ball

    cpm9ball CANNOT RE-MEMBER

    When I was searching Mint bags for high-grade coins to submit, I would routinely submit 50+ coins of the same denomination/mintmark at a time. When I'd get them back, I would occasionally find an MS67 that I thought should have been an MS68, but there was no rhyme nor reason to this process.

    Chris
     
  21. TypeCoin971793

    TypeCoin971793 Just a random nobody...

    The attribution was correct. The third time it was sent in without variety attribution
     
Draft saved Draft deleted

Share This Page